Wall Street finished the trading session mixed on Monday, with the Nasdaq leading gains as investors bought back into the sector following Friday’s sharp downturn. The blue chip Dow ( DJI ) closed -0.1%, the benchmark S&P 500 ( SP500 ) finished +0.3%, and the tech focused Nasdaq Composite ( COMP:IND ) ended +0.8%. Now, here are three things for investors to watch on Tuesday : The National Associat...
Wall Street finished the trading session mixed on Monday, with the Nasdaq leading gains as investors bought back into the sector following Friday’s sharp downturn. The blue chip Dow ( DJI ) closed -0.1%, the benchmark S&P 500 ( SP500 ) finished +0.3%, and the tech focused Nasdaq Composite ( COMP:IND ) ended +0.8%. Now, here are three things for investors to watch on Tuesday : The National Association of Realtors will provide the latest update on the annualized pace of previously owned home transactions, with the May average economist estimate at 4.08M vs. 4.02M in the prior month. Borrowing costs are hovering at elevated levels, so investors will look to see if high mortgage rates are continuing to paralyze inventory by keeping would-be sellers locked into their current low-rate loans. The J.M. Smucker Co. ( SJM ) is set to report its FQ4 2026 results before market open. The Wall Street expects EPS of $2.64 on revenue of $2.26B. The company has exceeded EPS estimates in 6 of the past 8 quarters and revenue expectations just thrice in that span. Datadog ( DDOG ) will hold its annual flagship Datadog DASH conference for builders, engineers, and security teams, focused on observability, security, and AI in modern systems. ozgurdonmaz/E+ via Getty Images More on the Markets Concentration, AI Disruption, And Earnings: What's Behind Recent Market Volatility Markets Rebounding After Friday's Rout May 2026 Employment Report - Strong, Strong Jobs Wall Street closed on a mixed note, led by strength in tech SA analyst warns tech rebound may be short-lived as yields rise
Investors Should Know: AI infrastructure spending is driving a multi-year capacity expansion cycle in semiconductors. However, some stocks have already captured significant value from the trend, just one of the factors complicating the stock-picking picture going forward. ETFs offer a way to invest in the ongoing AI theme without having to choose individual winners. Background The buildout of AI d...
Investors Should Know: AI infrastructure spending is driving a multi-year capacity expansion cycle in semiconductors. However, some stocks have already captured significant value from the trend, just one of the factors complicating the stock-picking picture going forward. ETFs offer a way to invest in the ongoing AI theme without having to choose individual winners. Background The buildout of AI data centers has created sustained demand for advanced chips and the manufacturing capacity to produce them. Cloud service providers are now engaging foundries years in advance to secure capacity, signaling that this is not a short-term procurement cycle. The semiconductor ecosystem spans several distinct roles. Applied Materials ( AMAT ) and KLA Corporation ( KLAC ) are capital equipment suppliers that benefit when foundries expand capacity. NXP Semiconductors ( NXPI ) and ON Semiconductor ( ON ) serve edge, automotive, and industrial markets. Texas Instruments ( TXN ) rounds out the analog and embedded processing segment. While overall interest in AI infrastructure spending remains strong, numerous factors complicate the situation. Many stocks have already risen sharply on AI hype, with investors starting to question their further upside. Names like Nvidia ( NVDA ) and Broadcom ( AVGO ) have underperformed the S&P 500 at times this year, after posting gains in the 400% range over a three-year timeframe. Meanwhile, conditions like export controls and tariff policy add further complexity. As an example, Taiwan Semiconductor Manufacturing Company ( TSM ) acknowledged policy-related risks in its earnings call while still forecasting close to 30% full-year revenue growth and robust AI-driven industry expansion over the long term. This brings many investors to ETFs. Exchange-traded funds offer a way to avoid choosing individual stocks. A breakdown of potential ETFs tied to the space is featured below. Key Takeaways AI infrastructure spending remains robust, with companies across...
sitox/E+ via Getty Images J.P. Morgan is in talks with investors to refinance a nearly $1B loan for Sable Offshore ( SOC ) at a 15% coupon rate with 20% amortization payments, Bloomberg reported Monday. The company, which resumed selling crude in March for the first time in more than a decade, has a term loan from Exxon Mobil that expires on June 26. Sable Offshore ( SOC ) is pumping 46K bbl/day o...
sitox/E+ via Getty Images J.P. Morgan is in talks with investors to refinance a nearly $1B loan for Sable Offshore ( SOC ) at a 15% coupon rate with 20% amortization payments, Bloomberg reported Monday. The company, which resumed selling crude in March for the first time in more than a decade, has a term loan from Exxon Mobil that expires on June 26. Sable Offshore ( SOC ) is pumping 46K bbl/day of oil off the coast of Santa Barbara, California, after President Trump invoked Cold War-era powers to override state-level opposition to the project. " There's a lot of moving parts here, but we're confident with our bank, J.P. Morgan and the group they have together, as far as being able to execute on this plan with plenty of time to spare," Sable ( SOC ) CEO Jim Flores said on an investor call last week. Sable Offshore ( SOC ) shares gained 7% on Monday following a Politico report that the Trump administration is in " active dialogue " with the company on creating a petroleum reserve in California. More on Sable Offshore Sable Offshore Investor Call: Negative Reaction Overdone Sable Offshore: The Surge Offers A Great Exit Point (Downgrade) Sable Offshore: The Tides Have Shifted In Favor Of Production Start (Rating Upgrade)
Perth Tolle, founder of Life + Liberty Indexes, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the rising costs in the ETF industry for investors as Fidelity's fees come into focus. (Source: Bloomberg)
Perth Tolle, founder of Life + Liberty Indexes, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the rising costs in the ETF industry for investors as Fidelity's fees come into focus. (Source: Bloomberg)
Apple Inc. , which just unveiled a revamped artificial intelligence platform built in part with Google technology, said the new approach will still preserve the company’s privacy safeguards. Though Apple relies on Google AI models, they’re different than the ones that company uses, software chief Craig Federighi said Monday at the Worldwide Developers Conference. “We use none of the models that Go...
Apple Inc. , which just unveiled a revamped artificial intelligence platform built in part with Google technology, said the new approach will still preserve the company’s privacy safeguards. Though Apple relies on Google AI models, they’re different than the ones that company uses, software chief Craig Federighi said Monday at the Worldwide Developers Conference. “We use none of the models that Google deploys to its customers,” he said during a WWDC media event in Cupertino, California. “Your requests are completely private to you. They’re never stored. They’re never accessible to anyone.” When customers make queries about current events, the information will pass through Apple’s in-house system, Federighi added. The privacy issue is a balancing act for Apple, which aims to show that it can offer powerful AI features without compromising users’ security. The company also is playing catch-up with its AI strategy, which has been plagued by delays and subpar features. “Every model is a significant leap both in quality and capability compared to our previous generation,” Amar Subramanya, Apple’s vice president of AI, said at the event. “Our goal is to match every user request to the model that provides the best response at the lowest latency.” The most powerful of these models, known as AFM Cloud Pro, offers quality that’s “similar” to Google’s Gemini frontier models, Subramanya said. The technology was developed under the company’s Private Cloud Compute philosophy, which now extends to third-party cloud partners including Google. That approach is designed to protect privacy even when data is in the cloud. “Apple devices are only allowed to talk to software that’s been signed by Apple,” said Sebastien Marineau-Mes, another senior executive on the company’s AI team. Mike Rockwell , who leads engineering for Apple’s Siri assistant, acknowledged that the technology has suffered from delays. Past attempts to revamp Siri didn’t meet Apple’s standards, he said. The new Siri, ...
Reborn Coffee ( REBN ) announced on Monday the appointment of Jung Jae Lim as CEO, following a planned leadership transition. Jay Kim stepped down as Co-CEO, while the company said operations, expansion plans, and reporting will remain unchanged. Source: Press Release More on Reborn Coffee Historical earnings data for Reborn Coffee Financial information for Reborn Coffee
Reborn Coffee ( REBN ) announced on Monday the appointment of Jung Jae Lim as CEO, following a planned leadership transition. Jay Kim stepped down as Co-CEO, while the company said operations, expansion plans, and reporting will remain unchanged. Source: Press Release More on Reborn Coffee Historical earnings data for Reborn Coffee Financial information for Reborn Coffee
NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- GraniteShares has announced it will execute forward shares split for the several funds (the “Funds”). The total market value of the shares outstanding will not be affected as a result of these splits. After the close of the markets on June 24, 2026 (the “Payable Date”), each Fund will effect a forward split of its issued and outstanding shares as follows...
NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- GraniteShares has announced it will execute forward shares split for the several funds (the “Funds”). The total market value of the shares outstanding will not be affected as a result of these splits. After the close of the markets on June 24, 2026 (the “Payable Date”), each Fund will effect a forward split of its issued and outstanding shares as follows: Fund Name Ticker CUSIP Forward Split Ratio Approximate increase in total number of outstanding sha
EschCollection/DigitalVision via Getty Images Shares of Dycom Industries ( DY ) have been among the pick-and-shovel beneficiaries of the current AI boom, which has already seen massive gains. This is driven by accelerating sales growth, margin expansion, M&A and valuation multiple inflation, and while this is to be applauded, and more and sound M&A moves are made, expectations have run quite a bit...
EschCollection/DigitalVision via Getty Images Shares of Dycom Industries ( DY ) have been among the pick-and-shovel beneficiaries of the current AI boom, which has already seen massive gains. This is driven by accelerating sales growth, margin expansion, M&A and valuation multiple inflation, and while this is to be applauded, and more and sound M&A moves are made, expectations have run quite a bit higher. That creates a difficult setup to get involved as the outlook is good, performance is good, and while multiple inflations have been seen, they remain within reasonable boundaries. This makes timing this moment rather hard, certainly after a recent leg higher again, making me keen to maintain coverage in anticipation and hope for a better entry point. A Solid Start To 2027 At the end of May, Dycom reported a very impressive 56% increase in first quarter sales for the fiscal year 2027 to $1.96 billion, as organic growth was reported at 25%, complemented by M&A efforts. These organic achievements are seen in the $1.57 billion communications business, with Dycom having created a new $395 million building systems segment following last year's M&A move. The composition of these business activities has boosted EBITDA margins by one and a half points to 13.4% of sales. This came in part as communication margins rose by forty basis points to 12.3% of sales, with building systems margins reported at 17.7%. Operating income was reported at $142 million, up from $92 million in the year before. Factoring in interest expenses and taxes, GAAP net income of $91 million came in at $3.00 per share, up nearly a dollar from the year before. Adjusted earnings rose in a more pronounced fashion, up more than 80% to $4.42 per share, with this number being fair, as it adjusts for amortization charges. More good news was seen for the quarter, with the total backlog up 46% to $11.91 billion, that number being equal to about 1.5 years of current revenues. Moreover, the backlog rose by $2.4 bi...
Ukraine’s president, Volodymyr Zelenskyy, says Vladimir Putin’s days are numbered. As the Russian president’s influence wanes and his war machine crumbles, Zelenskyy says it is important for Europe and the world to stick together. In an interview with the Guardian after talks with Keir Starmer, Emmanuel Macron and Friedrich Merz in London to discuss the next steps in the conflict, he said Ukraine’...
Ukraine’s president, Volodymyr Zelenskyy, says Vladimir Putin’s days are numbered. As the Russian president’s influence wanes and his war machine crumbles, Zelenskyy says it is important for Europe and the world to stick together. In an interview with the Guardian after talks with Keir Starmer, Emmanuel Macron and Friedrich Merz in London to discuss the next steps in the conflict, he said Ukraine’s military position was the strongest it had been for more than two years. ‘Russia is not winning,’ he declared. Continue reading...
From The City Of Angels To The City Of Zombies... Authored by James Howard Kunstler, The Jungle Drums Speak! "Love that the crack heads on Skid Row are up on the issues, know the candidates, and are able to Make Their Voices Heard in between hits of meth." - Peachy Keenan on X Whaddaya know? Looks like the charismatic Nithya Raman has overtaken maverick candidate Spencer Pratt in the Los Angeles m...
From The City Of Angels To The City Of Zombies... Authored by James Howard Kunstler, The Jungle Drums Speak! "Love that the crack heads on Skid Row are up on the issues, know the candidates, and are able to Make Their Voices Heard in between hits of meth." - Peachy Keenan on X Whaddaya know? Looks like the charismatic Nithya Raman has overtaken maverick candidate Spencer Pratt in the Los Angeles mayoral “jungle” primary because. . . jungle reasons. That is, the denizens of LA’s vast homeless encampments — once known as “hobo jungles” — apparently voted overwhelmingly by mail for the Harvard-credentialed champion of street-junkies in the Silver Lake, Echo Park, Los Feliz, Atwater, and Hollywood neighborhoods (SELAH) she represents on the LA City Council. LA Mayoral Candidate, Nithya Ramen, Champion of the Down-and-Out So, it will be a November runoff between the super-duper “progressive” incumbent Karen Bass, and merely super-progressive Ms. Ramen. Better reserve your U-Haul trailer ASAP, as the City of Angels completes its transformation to the City of Zombies . And no complaining, please. This is what you voted for. By the way, what does “progressive” actually mean these days? Progress towards. . . what? The culminating disintegration of a civil polity? The concerted failure to govern a large, urban organism? Unconditional surrender to the forces of entropy? One might suspect a soupçon of racial animus in the mix, too, something of a middle-finger to this thing called white supremacy we hear so much about. It must be rooted out at all costs, including the cost of a place that a productive population once loved — the very people renting all those U-Hauls, dispersing out into the USA gloaming. Of course, this “progressive” Democratic Party has transformed itself in a decade or so into an out-and-out racketeering operation, that is, to a criminal enterprise dedicated to the misappropriation of taxpayer money among its rank and file, many of whom are not citizens. The ...
In trading on Monday, shares of Samsara Inc (Symbol: IOT) crossed below their 200 day moving average of $34.16, changing hands as low as $33.46 per share. Samsara Inc shares are currently trading down about 3.1% on the day. The chart below shows the one year performance of IOT
In trading on Monday, shares of Samsara Inc (Symbol: IOT) crossed below their 200 day moving average of $34.16, changing hands as low as $33.46 per share. Samsara Inc shares are currently trading down about 3.1% on the day. The chart below shows the one year performance of IOT