Pharmaceutical stocks have recently separated themselves from the broader market, and the group has become an increasingly important source of leadership within healthcare. Eli Lilly is the bellwether in the space and has already broken out to all-time highs, and that strength is showing up in sector-level proxies like the iShares U.S. Pharmaceuticals ETF (IHE) . With pharma momentum shifting posi...
Pharmaceutical stocks have recently separated themselves from the broader market, and the group has become an increasingly important source of leadership within healthcare. Eli Lilly is the bellwether in the space and has already broken out to all-time highs, and that strength is showing up in sector-level proxies like the iShares U.S. Pharmaceuticals ETF (IHE) . With pharma momentum shifting positive in absolute and relative terms, we see a favorable setup developing for other large names to follow, including Johnson & Johnson . IHE is extending its cyclical uptrend with a push to new highs, and the move is being confirmed by a weekly moving average convergence/divergence, or MACD, crossover that reflects renewed intermediate-term momentum. Lilly is roughly 25% of IHE, so its breakout is a meaningful tailwind for the ETF, but IHE's strength suggests leadership is broadening beyond a single name. On the relative front, the ratio of IHE to the SPX is rebounding off support from its 200-day (40-week) MA, suggesting that pharma is positioned for additional outperformance in the weeks ahead. The ratio is also well positioned in the long-term based on the rising slope of the 40-week MA. Johnson & Johnson is also improving, and the charts suggest it has the potential to reassert leadership within pharma after a period of consolidation. The weekly stochastics have flashed an oversold upturn, a constructive development that often coincides with an intermediate-term low. Momentum is also improving, as JNJ continues to see consecutive upticks in the weekly MACD histogram. From a key levels perspective, initial support is defined by the rising 200-day MA (~$213), while the highs near $249 act as resistance. The daily chart adds an important near-term catalyst. JNJ has an active countertrend "buy" signal from the DeMARK Indicators®, and the daily MACD is back on a "buy" signal, reinforcing the likelihood of upside continuation in the near term. With JNJ breaking back above its ...
Carolina Milanesi, Creative Strategies president and principal analyst, joins Ed Ludlow in Cupertino, California to discuss what happens next after Apple rolls out an overhauled version of the Siri digital assistant, and the importance of having the AI embedded into the consumer's devices. She joins on "Bloomberg Tech." (Source: Bloomberg)
Carolina Milanesi, Creative Strategies president and principal analyst, joins Ed Ludlow in Cupertino, California to discuss what happens next after Apple rolls out an overhauled version of the Siri digital assistant, and the importance of having the AI embedded into the consumer's devices. She joins on "Bloomberg Tech." (Source: Bloomberg)
watch now VIDEO 7:20 07:20 The AI rollup: Silicon Valley’s new buyout playbook is hitting Wall Street Tech Venture capital is buying its way into the artificial intelligence transformation that enterprise software hasn't delivered. Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside. The bet puts VCs on offense ...
watch now VIDEO 7:20 07:20 The AI rollup: Silicon Valley’s new buyout playbook is hitting Wall Street Tech Venture capital is buying its way into the artificial intelligence transformation that enterprise software hasn't delivered. Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside. The bet puts VCs on offense and leaves traditional private equity, which spent the last cycle buying enterprise software at peak prices, on defense. In Silicon Valley, the strategy is known as the AI rollup. Over the past six months it's crossed into public markets twice: General Catalyst and Trian's $7.6 billion take-private of Janus Henderson (JHG) in December, and Long Lake Management's $6.3 billion agreement in May to take American Express Global Business Travel (GBTG) private at a 65% premium. General Catalyst managing director Madhu Namburi calls it "service as software." It's a take on software-as-a-service, or SaaS, which made software companies highly profitable because growth didn't require growing costs. AI rollups apply the same logic to services businesses. Venture firms have been running the playbook since 2023, mostly inside the private market. General Catalyst — which backs Long Lake alongside Alpha Wave – has co-created roughly a dozen of these rollup vehicles. Joshua Kushner's Thrive Capital runs Thrive Holdings with the same model and more than $1 billion in capital. It's put that money to work, recently backing an AI rollup of regional accounting firms. Lightspeed and Andreessen Horowitz are in the mix too, though it's early for them. The targets share a common feature. They're in industries where software adoption has lagged: healthcare, accounting, insurance, customer service, property management, construction. That also changes who can do these deals. Traditional private equity is built around financial engineering — taking a fixed cash flow, leveraging it, squeezing margins. Th...
While Wall Street keeps hunting for the next artificial intelligence winner, Bank of America’s top chip analyst says the best AI trade remains the market’s most obvious one. The next Nvidia Corp. is still Nvidia. Why Bank Of America Remains...
While Wall Street keeps hunting for the next artificial intelligence winner, Bank of America’s top chip analyst says the best AI trade remains the market’s most obvious one. The next Nvidia Corp. is still Nvidia. Why Bank Of America Remains...
A dollar in First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) on the last trading day of 2025 was worth about $1.22 by the close on June 5, 2026, while the same dollar in the S&P 500 was worth about $1.08. That is the headline making the rounds, and the shorthand version of it (cybersecurity beat the ... Cybersecurity Goes Vertical: CIBR Just Crushed the S&P 500 by Three to One
A dollar in First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) on the last trading day of 2025 was worth about $1.22 by the close on June 5, 2026, while the same dollar in the S&P 500 was worth about $1.08. That is the headline making the rounds, and the shorthand version of it (cybersecurity beat the ... Cybersecurity Goes Vertical: CIBR Just Crushed the S&P 500 by Three to One
The following companies are expected to report earnings after hours on 06/08/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Vail Resorts, Inc. (MTN)is reporting for the quarter ending April 30, 2026. The leisure (recreational) company's consensus
The following companies are expected to report earnings after hours on 06/08/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Vail Resorts, Inc. (MTN)is reporting for the quarter ending April 30, 2026. The leisure (recreational) company's consensus
Bitcoin (CRYPTO: BTC) is a volatile investment, and that's something long-term investors have become accustomed to. While it's up around 90% in five years, the path it's taken to achieve those returns has been anything but steady or predictable. In 2022, with inflation on the rise, the cryptocurrency crashed and fell out of favor with investors, only to end up rising in the years afterward. This y...
Bitcoin (CRYPTO: BTC) is a volatile investment, and that's something long-term investors have become accustomed to. While it's up around 90% in five years, the path it's taken to achieve those returns has been anything but steady or predictable. In 2022, with inflation on the rise, the cryptocurrency crashed and fell out of favor with investors, only to end up rising in the years afterward. This year has started incredibly bearish for the leading cryptocurrency , as it's down close to 30%, recently hitting lows of around $60,000. That's a far cry from the heights it reached last year when it was traded at more than double that amount at one point. Given the bearishness around Bitcoin these days, could it fall to $50,000 this year, or is a rally overdue? Image source: Getty Images. Continue reading
Rising gas prices have made a lot of people's budgets tighter over the last few months. You may have had to make some tough calls about what you'll spend your money on, and you might have even paused your retirement contributions while you figure out what to do. Sometimes, temporarily halting retirement savings is your best option if you need every dollar you're earning to pay your bills. But if y...
Rising gas prices have made a lot of people's budgets tighter over the last few months. You may have had to make some tough calls about what you'll spend your money on, and you might have even paused your retirement contributions while you figure out what to do. Sometimes, temporarily halting retirement savings is your best option if you need every dollar you're earning to pay your bills. But if you have a little wiggle room in your budget or your schedule, one of these three strategies might work better for you. Image source: Getty Images. Continue reading
Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom The Department of Defense has filed a major update to its official list of "Chinese military companies" operating in the United States , formally naming or reaffirming high-profile firms including Alibaba , Baidu , BYD , BGI Group , and Autel as companies linked to Beijing's military-civi...
Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom The Department of Defense has filed a major update to its official list of "Chinese military companies" operating in the United States , formally naming or reaffirming high-profile firms including Alibaba , Baidu , BYD , BGI Group , and Autel as companies linked to Beijing's military-civil fusion strategy. The notice, filed on Monday and scheduled for Federal Register publication on June 10, comes just weeks before new restrictions on Department of Defense contracting with listed entities take effect on June 30. The companies are alleged to have ownership or ties to SASAC (State-owned Assets Supervision and Administration Commission), affiliations with MIIT (Ministry of Industry and Information Technology), PLA connections , support from China's "Little Giant" industrial program, or a presence in military-civil fusion zones. Section 1260H requires the Pentagon to identify Chinese companies that conduct commercial business while also supporting or being affiliated with the People's Liberation Army or China's defense-industrial base. The list has existed for years, but the consequences are now becoming more significant. Effective June 30, the DoD will be barred from entering into, renewing, or extending contracts directly with listed companies or entities they control. A broader indirect ban - covering goods or services that incorporate products from these firms - follows in June 2027. Additional rules restrict DoD contractors from working with entities that lobby on behalf of listed companies. In short, the Pentagon is putting major Chinese companies on notice that it views them as potential extensions of China's military and defense ecosystem, even if those companies are better known globally for consumer products, cloud services, electric vehicles, drones, or biotech. Key Companies Designated Several globally significant names stand out in the update: Alib...
On June 1, 2026, Amplitude (NASDAQ:AMPL) Chief Technology Officer Curtis Liu executed an open-market sale of 22,201 shares, as disclosed in a SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($8.03); post-transaction value based on June 1, 2026 market close ($8.78). * 1-year performance calculated using June 1, 2026 as the reference date. Continue reading
On June 1, 2026, Amplitude (NASDAQ:AMPL) Chief Technology Officer Curtis Liu executed an open-market sale of 22,201 shares, as disclosed in a SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($8.03); post-transaction value based on June 1, 2026 market close ($8.78). * 1-year performance calculated using June 1, 2026 as the reference date. Continue reading
After Friday's tech wreck sent the Nasdaq Composite (NASDAQINDEX: ^IXIC) index tumbling 4% and vaporizing over $1 trillion from semiconductor stocks, Monday's market looks a lot friendlier. Chip stocks are back in the driver's seat, and investors are largely pretending last week's panic never happened. The Nasdaq Composite has gained 1.5% as of 12:46 p.m. ET, clawing back some of Friday's painful ...
After Friday's tech wreck sent the Nasdaq Composite (NASDAQINDEX: ^IXIC) index tumbling 4% and vaporizing over $1 trillion from semiconductor stocks, Monday's market looks a lot friendlier. Chip stocks are back in the driver's seat, and investors are largely pretending last week's panic never happened. The Nasdaq Composite has gained 1.5% as of 12:46 p.m. ET, clawing back some of Friday's painful losses. The S&P 500 (SNPINDEX: ^GSPC) is up 0.8%, while the Dow Jones Industrial Average (DJINDICES: ^DJI) is barely in the green at 0.2%. Trillion-dollar tech giants are doing the heavy lifting here. The equal-weighted Invesco S&P 500 Equal Weight ETF (NYSEMKT: RSP) is only up 0.2%, far behind the cap-weighted versions of the same stock list. In other words, megacap stocks are having a party on an otherwise quiet market day. Continue reading