Tag: Technology Select Sector SPDR Fund
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China’s 618 shopping festival growth slows sharply as consumer spending malaise persists
The latest consumer data reinforce how consumption in China remains subdued.
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Dan Niles says he’s backing away from hyperscalers, trimming chip stocks
‘I kind of see a speed bump coming,’ the investor said.
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Evercore ISI says landmark SpaceX IPO could reignite bull market, send S&P 500 to 9,000
Strategist Julian Emanuel likened the early enthusiasm around SpaceX to the Netscape IPO of 1995 that ushered in a period of optimism around the internet.
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Zhipu surges 33% as Wall Street raises bets on China AI after Anthropic curbs
Shares of Chinese AI model developer Zhipu surged as Wall Street banks raised bets on the company’s ability to capture global AI demand.
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A year after Meta tapped Alexandr Wang to build a new AI model, Zuckerberg has to sell it
Mark Zuckerberg’s mega spending spree began a year ago, when he lured Alexandr Wang to oversee a new AI strategy. The results so far are underwhelming.
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Investing in growth stocks isn’t like betting on horses. Here’s one new trade idea from Todd Gordon
In horse racing, once the thoroughbreds are in the gate, your bet is locked. There’s nothing you can do to manage risk from that point forward.
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Upstart chipmakers keep challenging Nvidia. This time it’s Microsoft-backed D-Matrix
Nvidia challenger D-Matrix is entering full production of an AI chip it says is 10 times faster than a GPU and bypasses the memory shortage.
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CNBC Daily Open: Tim Cook’s last WWDC, tech IPOs and Middle East tensions
Tensions in the Middle East still continue to simmer as Israeli Prime Minister Benjamin Netanyahu warned the war “has not yet ended”
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SpaceX top? Major IPOs don’t typically flag a bull market peak, history shows
Historical data suggest that major IPOs don’t usually flag a bull market peak in the year that follows.
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Bank of America says take profits: ‘Too many red flags’
The spread between the best and worst performing tech stocks is close to the February 2000 level — at the peak of the internet era’s dot.com bubble.
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