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The curtain is finally lifting on who owns SpaceX (SPCX), and the stock is surging over 5% Monday. More than 1,500 investors disclosed stakes, but only 23 account for over 80% of the reported sharesοΏ½...
Gold (GC=F) just posted its best week since February. The investors who once crowded into the trade have mostly left. The metal gained nearly 7% for the week, reclaiming its 50-day moving average anοΏ½...
Hiring is cooling across the economy. The AI build-out is still putting people to work but in hard hats, not hoodies. US employers shed 23,000 jobs in July, while construction firms added 22,000. NeοΏ½...
The chip wipeout reached a climax this week. One of the AI boom's most prescient young investors was caught at the center of it. Leopold Aschenbrenner's hedge fund lost 67% in July as leveraged AI bοΏ½...
Fed Chairman Kevin Warsh left interest rates unchanged on Wednesday. Bond investors tightened the screws anyway. The 30-year Treasury yield climbed another 6 basis points Friday to 5.27%, its highesοΏ½...
The semiconductor sell-off has punished investors across the board. Leverage has made the damage far harder to recover from. The iShares Semiconductor ETF (SOXX) has fallen roughly 25% from its JuneοΏ½...
Semiconductor stocks are falling out of bed and flashing red. Under the market's hood, the rally is still running green. The PHLX Semiconductor Index (^SOX) briefly broke below 11,000 Tuesday, now dοΏ½...
The bond market's old ceiling is turning into a floor. The longer it holds, the harder it becomes for stocks to ignore. The 30-year Treasury yield (^TYX) closed above 5% for 14 straight sessions thrοΏ½...
The AI memory trade finally cracked. Micron (MU), Samsung (005930.KS), SK Hynix (000660.KS), and the Roundhill Memory ETF (DRAM) are all down more than 20% from recent closing highs, turning one of οΏ½...
Leave it to GameStop (GME) to drag meme stocks back into the conversation. The meme-stock poster child is back in the spotlight after chasing eBay (EBAY) with an eye-catching takeover bid. But the bοΏ½...
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