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MT Newswires60d agoneutral
Sector Update: Energy

Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index falling 2% and the Stat

Can a $266 Million Defense Deal Help Rocket Lab Escape SpaceX’s Shadow?
Barrons.com60d agoneutral
Can a $266 Million Defense Deal Help Rocket Lab Escape SpaceX’s Shadow?

Rocket Lab stock jumped Monday after the company announced a new business win. Shares of the so-called mini- SpaceX which has launch and satellite services like Elon Musk’s larger rocket company, were up 2% at $65.18 in early afternoon trading, while the and were down 0.3% and up 0.2%, respectively. The move came after Rocket Lab announced it was awarded a $266 million launch services contract with the U.S. Space Force for missile defense.

Chip Stocks Sink on China Competition Concerns, Erasing Early Gains
Barrons.com60d agoneutral
Chip Stocks Sink on China Competition Concerns, Erasing Early Gains

The S&P 500 and the Nasdaq Composite reversed gains, wavering near the flatline after opening higher. The PHLX Semiconductor Index was down 4.3% after opening higher. Nvidia, AMD, Micron, and ASML are some of the chip maker stocks dragging the semi index and the broader market lower, thanks to the group's heavy impact on the major indexes.

This 100-Year-Old Theory Says the Stock Market Isn’t Done Climbing: Ed Yardeni
Benzinga61d agoneutral
This 100-Year-Old Theory Says the Stock Market Isn’t Done Climbing: Ed Yardeni

Artificial intelligence has dominated Wall Street’s attention this year. Investors have obsessed over capital spending, shrinking free cash flow and whether the hyperscalers are overspending on AI. Yet one of the market’s oldest indicators is quietly telling a very different story. According to Ed Yardeni, a theory developed more than 100 years ago still suggests the bull market has further to run. “Dow Theory remains bullish,” Yardeni said in his latest sector outlook. Why A Century-Old Theory