Traders’ rotation out of tech names pulled the Nasdaq Composite down for a fifth session Tuesday. Tune in to CNBC Wednesday for DoubleLine’s Jeffrey Gundlach.
Microsoft short interest hits decade high ahead of Q2 earnings as AI spending raises new questions
There has been virtually no short covering ahead of Microsoft’s earnings report as bearish investors hold their positions.
Morgan Stanley says buy these quality stocks. They also pay dividends
Chief U.S. equity strategist Mike Wilson says the market rotation bodes well for quality stocks. The firm is overweight on these names.
44 states are aligned on one thing in their fight against prediction markets. It’s about sports wagering
The letter is part of the commission’s public comment period for the first draft of its proposed rule on regulating prediction markets.
Buy these durable stocks with better-than-expected earnings for a choppy stock market, says Wolfe
The stock market has been sailing through choppy waters in July, which could make stocks with stronger fundamentals more appealing for investors.
Chip stocks head for one of their worst months ever. Is it a blip or the end?
In the run up to its March 2000 peak, the leading chip stock index saw many months of percentage losses comparable to the current monthly pullback.
Meta likely to highlight smart glasses, avoid social media policy on upcoming earnings call, Kalshi traders say
The Facebook and Instagram owner is set to report earnings after the market close on Wednesday.
Tuesday’s move in Intuitive Surgical is probably more than short covering. How to play it using options
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BofA thinks ASML isn’t under threat from China, and that investors are overreacting
The bank said replacing the Dutch company’s presence in China is a high hurdle.
Elevated energy prices, AI capex binge puts the Fed and Kevin Warsh in a tough spot
Fed Chairman Kevin Warsh and many of his devotees have argued that some short-term price pain can be tolerated in anticipation of AI eventually suppressing inflation.