Tag: Wall Street
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Inflation peaked in May as energy prices fell in June, Kalshi traders think
Speculators on the prediction market platform give less than 30% odds to inflation peaking above 4.2% in 2026.
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‘Magnificent 7′ stocks’ rough June pushes them into the red for the year. What’s behind the decline
The group — which Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and Amazon — shaved off roughly $2 trillion in market cap during June.
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Nasdaq ends best quarter in 6 years as yen extends drop against dollar
NEW YORK: The tech-rich Nasdaq capped its best quarter in six years on Tuesday (Jun 30), rising with other US indices as bullishness over artificial intelligence overcame worries over geopolitics and inflation.The Nasdaq finished Tuesday’s session up 1.5 per cent at 26,213.72, taking its gains to
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Michael Burry says he’s shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026
“Caterpillar jumped out at me,” Burry said. “I have never shorted Caterpillar. It has always done great for me on the long side in the past.”
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Small-cap stocks enjoy their best first half in 35 years. Here’s what’s driving it
The advance marks a sharp turnaround after years of underperformance versus large-cap peers.
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Trading Day: Wall Street gains, Dow hits record closing high as fragile US-Iran truce holds
NEW YORK, June 29 : U.S. stocks followed their world counterparts higher on Monday, with the S&P 500 and the Nasdaq snapping five-day losing streaks and the blue-chip Dow notching an all-time closing high as the U.S. and Iran halted attacks and took steps toward de-escalation. I will go into more detail on to
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Tech rebound lifts Dow to record, yen hits 40-year low against dollar
Analysts said investors were “rotating back into tech.”
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SpaceX will join Nasdaq-100
Adding SpaceX this quickly would make the Elon Musk company one of the first beneficiaries of Nasdaq’s recently adopted fast-track inclusion framework.
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SpaceX to join the Nasdaq-100 in a fast-tracked process that will drive huge ETF buying demand
Adding SpaceX this quickly would make the Elon Musk company one of the first beneficiaries of Nasdaq’s recently adopted fast-track inclusion framework.
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Commentary: Micron’s huge AI windfall is bad news for most of us
Besides having to pay more for your next iPad or Nintendo Switch, soaring chip prices potentially come with other big downsides, says Chris Bryant for Bloomberg Opinion.
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