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Will the Federal Reserve Crush the Small-Cap Stock Revival?
24/7 Wall St.88d agoneutral
Will the Federal Reserve Crush the Small-Cap Stock Revival?

The stock market has broadened in a way many investors have been waiting years to see. While artificial intelligence has helped create more than a dozen trillion-dollar companies and kept mega-cap technology stocks in the spotlight, smaller companies have quietly staged an even stronger comeback. Over the past 12 months, the Russell 2000 has gained ... Will the Federal Reserve Crush the Small-Cap Stock Revival?

Bloomberg88d agoneutral
AI Legal Startup Norm Valued at $1.2 Billion in Funding Round

(Bloomberg) -- Norm Ai has raised $120 million from investors in a new funding round to help automate legal services and rethink how the industry bills for its work. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million

Bloomberg88d agoneutral
Tech Volatility Hits Highest Since Dot-Com Bust Next to S&P 500

(Bloomberg) -- The higher the rally in technology high-flyers, the louder the anxiety around a new wave of turbulence in the group.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesThe Cboe NDX Volatility I

Investing.com88d agoneutral
Tesla stock target lifted at RBC on potential SpaceX merger

Investing.com -- RBC Capital lifted its price target on Tesla to $500 from $475 in a note on Tuesday, incorporating a premium tied to a potential combination with SpaceX, while also updating its standalone intrinsic valuation of the electric vehicle maker.

Insulet launches Omnipod 5 in Spain
MedTech Dive88d agoneutral
Insulet launches Omnipod 5 in Spain

A high rate of continuous glucose monitor adoption and low level of automated insulin delivery system penetration make Spain an attractive market for Insulet.

Exclusive-China's DeepSeek developing its own AI chip, sources say
Reuters88d agoneutral
Exclusive-China's DeepSeek developing its own AI chip, sources say

July 7 () - Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce its reliance on Nvidia and Huawei chips, which it has depended on to train and run its globally popular models. The chip is designed for ‌inference — the stage of AI computing in which a trained model generates responses for users — rather than for training new models, the sources said.

💬 Money Quote: Chip Stocks Are Priced for Perfection
The Wall Street Journal88d agoneutral
💬 Money Quote: Chip Stocks Are Priced for Perfection

📣 "Investors are not walking away from the AI story, but they are asking whether a sector priced for perfection can keep delivering perfection into earnings season." —Tickmill Group analyst Patrick Munnelly, on a global chip-stock slide triggered by a robust earnings update from Samsung Electronics.

Bloomberg88d agoneutral
FIFA Emerges Even Richer From a World Cup of Controversies

(Bloomberg) -- With the dust settling on another World Cup squabble, one thing is already clear: FIFA boss Gianni Infantino is looking stronger than ever. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesT

Bloomberg88d agoneutral
Mag 7 Loses Market Swagger as AI Trade Spreads Beyond Behemoths

(Bloomberg) -- For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and determining which way the overall stock market was headed. Those days are over.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentenc

Value Investing’s Comeback Is Just a Quirk (for Now)
The Wall Street Journal88d agoneutral
Value Investing’s Comeback Is Just a Quirk (for Now)

MARKETS AM NEWSLETTER Blowout results from Korean chip maker Samsung fell flat as investors got cold feet about sky-high prices for memory stocks. Tech stocks look set to open lower on the very day that SpaceX will appear in the most popular vehicle U.

US futures edge lower as investors assess Samsung results and Fed outlook: Dow Jones, S&P, Nasdaq, Wall Street
InvestorsHub88d agoneutral
US futures edge lower as investors assess Samsung results and Fed outlook: Dow Jones, S&P, Nasdaq, Wall Street

US stock index futures traded cautiously on Tuesday after the Dow Jones Industrial Average reached a record high in the previous session, while investors weighed another strong earnings update from Samsung Electronics (USOTC:SSNHZ) alongside fresh comments from Federal Reserve Governor Christopher Waller. Futures pause after Wall Street recordsBy 03:02 ET (07:02 GMT), futures linked to the Dow Jones Industrial Average were little changed.

What to Know as SpaceX Joins the Nasdaq-100
The Wall Street Journal88d agoneutral
What to Know as SpaceX Joins the Nasdaq-100

SpaceX officially joins the Nasdaq-100 today, and investors holding some funds tied to the index will end up exposed, whether they like it or not. Mutual and exchange-traded funds with $800 billion in assets under management are expected to buy SpaceX shares in order to mirror the index’s performance. SpaceX will be a small component in the Nasdaq-100, for now.

Reuters88d agoneutral
China-based Apple supplier Luxshare sets Hong Kong listing at top of range, raises over $3 billion

China-headquartered Luxshare Precision Industry said on Tuesday it had priced its Hong ‌Kong listing at the top end of ‌its marketed range, raising about HK$24.27 billion ($3.09 billion). Here are some of ​the details: • The Shenzhen-listed Apple supplier said the offer price was determined at HK$63.28 per H-share, and would sell 383.5 million shares. Luxshare wrote in its ‌prospectus that the proceeds ⁠would be used to expand manufacturing capacity in automotive and consumer electronics, fund ⁠AI-driven factory upgrades, pursue acquisitions, repay debt and support working capital.

Bloomberg88d agoneutral
Michaels Crafts an Unlikely Comeback Under Apollo

(Bloomberg) -- When Michaels Cos. tapped a new CEO in early 2025, the company’s chairman, 25-year Apollo Global Management Inc. veteran Andrew Jhawar heralded the moment as “an exciting period of opportunity” for the retailer.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Mar

Will Someone Finally Blink in the AI Spending War?
The Wall Street Journal88d agoneutral
Will Someone Finally Blink in the AI Spending War?

Big tech reining in its AI spending may be a tantalizing prospect for some. Second-quarter reports coming later this month will likely show another period of blowout AI investments. Wall Street analysts estimate that combined capital spending by Google, Microsoft Amazon com and Meta Platforms surged 74% year over year to hit $168 billion in the June-ending quarter, according to consensus estimates from Visible Alpha.