Category: Uncategorized
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Historic IBM stock crash sets up unique options strategy
On July 14, 1789, the people of Paris stormed the Bastille, signaling a violent end to the absolute authority of the ancien régime. Today, on that very same date, (albeit 237 years later) the stock market staged its own financial revolution against the ancien régime of technology: International Business Machines. IBM shares fell just over $73 to ~$217…
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In 7 Words, Fed Chair Kevin Warsh May Have Just Confirmed the Stock Market's Biggest Fear
Key Points Fed Chair Kevin Warsh hinted that an interest rate increase could be coming. Higher interest rates tend to have an adverse impact on the stock market. With tech stocks dominating right now, it could lead to more significant volatility. Major market indexes have been surging lately, with the S&P 500(SNPINDEX: ^GSPC) and Nasdaq…
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Stock market today: Dow, S&P 500, Nasdaq seesaw as semiconductor stocks sell off
US stocks trimmed gains on Wednesday as chip stocks sold off despite strong earnings from chip equipment maker ASML (ASML) and a softer-than-expected wholesale inflation reading. The Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) rose 0.1%. The Nasdaq Composite (^IXIC) rose 0.4% following gains from the day before. On Wednesday morning, ASML raised…
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Buffett says Gates' Epstein ties are 'distasteful' but didn't drive Buffett's charitable decisions
OMAHA, Neb. — Billionaire Warren Buffett said Wednesday that his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates ‘ ties to convicted sex offender Jeffrey Epstein. Buffett told CNBC that…
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Warren Buffett says he might be one of the 10 luckiest people on Earth
Warren Buffett got lucky — or at least that’s what he says. The legendary investor and Berkshire Hathaway chairman underlined just how fortunate he’s been during a rare interview aired by CNBC on Wednesday. Buffett said that “out of eight billion people, I may be one of the 10 luckiest in the world.” He’s lucky…
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Wall Street Takes In Record Haul, Projecting US Economic Health
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. It’s only July, but Tuesday made a case for bears to go into hibernation. Five of the largest US banks reported a combined $49 billion in second-quarter profits, led by a record $21 billion at…
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Why Did Eos Energy Stock Jump Today?
Key Points Eos Energy expects to report record quarterly revenue and a record backlog. Sales in the first half of 2026 have already surpassed full-year 2025 revenue. Eos Energy Enterprises (NASDAQ: EOSE) provided preliminary second-quarter results today, and the market cheered. The battery energy storage company expects record revenue and will report a record backlog…
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National Energy Services Reunited (NESR) Is Up 2.58% in One Week: What You Should Know
Momentum investing is all about the idea of following a stock’s recent trend, which can be in either direction. In the “long context,” investors will essentially be “buying high, but hoping to sell even higher.” And for investors following this methodology, taking advantage of trends in a stock’s price is key; once a stock establishes…
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Move Over Nvidia, This Custom Chip Stock Could Be the Next Big Winner
Key Points Nvidia is facing increasing competition from custom AI processors. Marvell is a key player in the custom AI chip space, and it expects significant growth acceleration due to its solid clientele. Marvell stock could become a multibagger and outperform Nvidia. Nvidia (NASDAQ: NVDA) has been one of the biggest winners of the artificial…
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Asian stocks mostly sink as AI worries hammer tech
The won rose after the Bank of Korea hiked interest rates for the first time since 2023 (Jung Yeon-je) Most Asian stocks sank on Thursday as tech firms came under renewed pressure from worries over the AI boom, with Seoul again taking the brunt of the selling, while oil prices rose further as the US…
