Articles for category: Market News

Russ Cohen

SpaceX IPO Timing Raises Stakes for US Stock Market’s Long Rally

Key Highlights: Japan’s climbed as chip-related heavyweights surged. Asian markets eked out gains Tuesday, and oil eased from highs after Israel and Iran agreed to pause strikes, while investors bought the dip in semiconductor stocks. prices slipped Tuesday, erasing most of Monday’s gains after Iran and Israel said they’d halted strikes following an appeal from ...

Russ Cohen

S&P 500 Stalls as CPI Report and USD/KRW Move Into Focus

Stocks rallied by about 30 bps on the day, which was a rather unimpressive showing for the given Friday’s sizeable decline. Additionally, implied volatility melted lower on Monday, with the falling by more than 12 points to close around 16, down from roughly 28. In reality, it was the rebound in semiconductor stocks that helped ...

Russ Cohen

Nasdaq 100 Rises as Chip Stocks Steady, Middle East Tensions Remain

Nasdaq rebounds after falling 4.5% on Friday US futures are rising on Monday as chip stocks steady after plunging on Friday, although developments in the Middle East and expectations of tighter monetary policy could limit the upside. Shares in NVIDIA, Broadcom, and Micron Technology are higher, rebounding after a sharp sell-off on Friday that wiped ...

Russ Cohen

Broadcom Fell, But Here Are 5 AI Stocks Winning Now

Listen to the audio version of this article (generated by AI). One of Wall Street’s hottest trades suddenly went ice cold last week. Semiconductor giant Broadcom, Inc. (AVGO) reported earnings after the bell last Wednesday.   The company posted 48% year-over-year revenue growth and 54% year-over-year earnings growth. Both were a slight surprise.   But ...

Russ Cohen

The Market May Be Missing What’s Changing at BigBear AI

BigBearai AI ()’s price action says the bear market is not only over, but that a complete reversal is at hand. The market hit a bottom earlier this year and completed a Head & Shoulders Reversal pattern. The company turnaround has it on track to grow and achieve profitability within the foreseeable future. As it stands, ...

Russ Cohen

What to Look For Before the SpaceX IPO

172,000 jobs. Negative real wages. A week that could move everything. The jobs report Main Street wanted, Wall Street didn’t… the consumer underneath the headline… AI displacement gets new data… a week that could move everything As I write on Monday morning, the markets are trying to claw back from last Friday’s tech rout triggered ...

Russ Cohen

Allstate’s Comeback Is Turning Into a Profit Machine

Big insurance companies often post big numbers—sometimes big in a good way, sometimes bad. Just ask Allstate (). Less than four years after reporting massive losses, Allstate just delivered a powerful turnaround with strong underwriting, rising premiums, growing investment income, and a higher dividend. Net income applicable to common shareholders rose more than fourfold compared ...

Russ Cohen

Planet Labs: Coming Back Down to Earth

Space stocks are having a moment. But as the Q1 earnings report for fiscal 2027 from Planet Labs PBC () shows, it may be a big, irrational moment When SpaceX’s IPO became the most anticipated market event in years, investors did what investors always do—they got ahead of themselves. If you couldn’t buy SpaceX directly, ...

Russ Cohen

Equity Supply Surge: What Historically Comes Next

This past week, the market hit an all-time high. At the same time, Alphabet (NASDAQ:) told investors it would raise $80 billion by selling stock to fund its AI buildout, and the shares fell about 4% on the news. Within days, is reportedly set to price one of the largest IPOs ever attempted. If you want a live picture ...