monsitj/iStock via Getty Images After falling 9.9% from its last all-time high in January to its low eleven trading days ago on March 30th, the S&P 500 closed at a new all-time high today. It's usually the case that asset prices "take the stairs up and elevator down," but for the S&P recently, it did the opposite by taking the stairs down and the elevator back up! The bull market that began on Oct...
monsitj/iStock via Getty Images After falling 9.9% from its last all-time high in January to its low eleven trading days ago on March 30th, the S&P 500 closed at a new all-time high today. It's usually the case that asset prices "take the stairs up and elevator down," but for the S&P recently, it did the opposite by taking the stairs down and the elevator back up! The bull market that began on October 12th, 2022 - which we've dubbed the "AI Bull" - had been on hold since the S&P made its last all-time closing high on 1/27. Today's new high reconfirms the current bull and extends its length to 1,281 calendar days. As shown in our table of historical bull and bear markets below, though, 1,000+ day bull markets are nothing new for investors. This is the 10th bull market that has lasted 1,000+ days, and it's also the 10th longest in history. To surpass the 1,324-day bull that ran from June 1962 to February 1966 and move into 9th place, this bull only needs to make it to May 29th. To move into first place for the longest bull market ever, this bull would need to make it all the way to February 1st, 2035. The 4,494 days we went from 12/4/87 to 3/24/00 without experiencing a 20% peak-to-trough decline (on a closing basis) may be a more untouchable record than Joe DiMaggio's 56-game hit streak! Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
Industry headwinds are weighing on the company's growth. *Stock prices used were the afternoon prices of April 13, 2026. The video was published on April 15, 2026. Continue reading
Industry headwinds are weighing on the company's growth. *Stock prices used were the afternoon prices of April 13, 2026. The video was published on April 15, 2026. Continue reading
The Australian dollar rose to its strongest level in more than three decades against the yen, underscoring a rebound in risk sentiment amid optimism around a longer-term US-Iran ceasefire. The pair climbed as high as 114.112 in New York trading on Wednesday, a level not seen since September 1990. The move comes alongside a broader rally in global equities, with the S&P 500 at record highs , as inv...
The Australian dollar rose to its strongest level in more than three decades against the yen, underscoring a rebound in risk sentiment amid optimism around a longer-term US-Iran ceasefire. The pair climbed as high as 114.112 in New York trading on Wednesday, a level not seen since September 1990. The move comes alongside a broader rally in global equities, with the S&P 500 at record highs , as investors bet tensions in the Middle East may ease on signs the US and Iran are close to extending a ceasefire and restarting talks. The Aussie’s strength across the board “suggests an improvement in risk sentiment,” said Carol Kong , a strategist at Commonwealth Bank of Australia. “The moves may extend a bit further while this optimism lasts, but we doubt they can sustain for long given the high risk of a breakdown in negotiations. The Strait is still largely closed which will put a floor under oil prices.” The Australian dollar has gained about 4% against the greenback this month, making it the best-performing Group-of-10 currency, supported by a more hawkish Reserve Bank of Australia outlook and its positive correlation with equities. Meanwhile, the yen has lagged its peers as expectations for a near-term Bank of Japan rate hike have eased following Governor Kazuo Ueda’s cautious remarks . What Bloomberg strategists say: A more hawkish RBA outlook is feeding directly through the rates channel, supporting front-end differentials and improving the appeal of the Aussie. At the same time, the currency’s positive correlation with the S&P 500 has pushed back toward its highest levels since the turn of the year, reinforcing its role as a high-beta expression of global risk. With US equities grinding higher alongside a softer dollar, that linkage is helping to support the bid. — Brendan Fagan , Macro Strategist. Read more on MLIV . Japanese authorities have ramped up their verbal warnings on currency moves. Finance Minister Satsuki Katayama said she had close discussions on foreign...
One balmy February evening in Bali, Nicholas Carlini stepped away between events at a wedding, opened his laptop, and set out to do some damage. Anthropic PBC had just made a new artificial intelligence model, called Mythos, available for internal review, and Carlini — a well-known AI researcher — intended to see what kind of trouble it could cause. Anthropic pays Carlini to stress-test its AI mod...
One balmy February evening in Bali, Nicholas Carlini stepped away between events at a wedding, opened his laptop, and set out to do some damage. Anthropic PBC had just made a new artificial intelligence model, called Mythos, available for internal review, and Carlini — a well-known AI researcher — intended to see what kind of trouble it could cause. Anthropic pays Carlini to stress-test its AI models to see whether hackers could leverage them for espionage, theft or sabotage. From Bali, where Carlini and his wife were attending an Indian wedding, he was staggered at what the model could do. Within hours Carlini found numerous techniques to infiltrate systems used around the world. Once Carlini was back in Anthropic’s downtown San Francisco office, he discovered Mythos was able to autonomously create powerful break-in tools, including against Linux, the open-source code that underpins most of modern computing. Mythos orchestrated the digital equivalent of a bank robbery: getting past security protocols and through the front door of networks, and breaking into digital vaults that gave it access to online treasures. AI had picked locks, but now it could pull off an entire heist. Carlini and some of his colleagues began alerting staff to what they’d found. And each day they continued to discover high-severity and critical bugs in the systems Mythos probed, the kind of flaws normally uncovered by the world’s best hackers. Meanwhile, Anthropic’s Frontier Red Team — a group of 15 “Ants,” or Anthropic employees — was experimenting in much the same way. The lab aims to ensure that Anthropic’s models can’t be used to harm humanity. They’ll ship in robotic dogs and place them in a warehouse with engineers to test whether Claude could be used to control them maliciously. Or consult with biologists to understand whether the chatbot could be used to create biological weapons. Now, they were realizing that the biggest risk Mythos posed was to cybersecurity. “Within hours of gettin...
A number of stocks jumped in the afternoon session after markets benefited from a "risk-on" sentiment fueled by potential peace negotiations between the U.S. and Iran.
A number of stocks jumped in the afternoon session after markets benefited from a "risk-on" sentiment fueled by potential peace negotiations between the U.S. and Iran.
China’s onshore foreign exchange buying rose to a record high in March amid global market jitters triggered by the war in the Middle East. Local banks sold $257.64 billion of foreign currencies last month, the highest in State Administration of Foreign Exchange data going back to 2010. Demand increased under both goods-trade related deals and those for securities investment purposes, the data rele...
China’s onshore foreign exchange buying rose to a record high in March amid global market jitters triggered by the war in the Middle East. Local banks sold $257.64 billion of foreign currencies last month, the highest in State Administration of Foreign Exchange data going back to 2010. Demand increased under both goods-trade related deals and those for securities investment purposes, the data released late Wednesday show. The amount of cross-border payments by non-banking sectors surged to $855.9 billion in March, which was also a record high. The number aligns with a surge of Chinese imports last month driven by purchases of high-tech products such as chips. Meanwhile, foreign inflows into Chinese assets may have been tepid, which could have been offset by outbound investments in securities. “FX conversion ratio jumped, suggesting that exporters’ dollar selling may have helped stabilize dollar-yuan spot amid higher energy prices,” Xinquan Chen , an economist at Goldman Sachs Group Inc, writes in a note. Foreign institutions’ holdings of Chinese bonds in the interbank market dropped for a 11th month in March to 3.19 trillion yuan ($468 billion), the lowest since Sept. 2023, according to another set of data published by the People’s Bank of China.
As AI models are becoming more powerful, software stocks are selling off. *Stock prices used were the afternoon prices of April 13, 2026. The video was published on April 15, 2026. Continue reading
As AI models are becoming more powerful, software stocks are selling off. *Stock prices used were the afternoon prices of April 13, 2026. The video was published on April 15, 2026. Continue reading