JPMorgan's traders are getting nervous about the state of the current stock market. Traders at the bank said Monday that they've turned "tactically cautious" on stocks, until volatility in the bond market and selling in technology stocks subside. Though they remain confident in the underlying fundamentals of the market, they said they expect choppier action over the near term. "The market setup po...
JPMorgan's traders are getting nervous about the state of the current stock market. Traders at the bank said Monday that they've turned "tactically cautious" on stocks, until volatility in the bond market and selling in technology stocks subside. Though they remain confident in the underlying fundamentals of the market, they said they expect choppier action over the near term. "The market setup points to an imminent pullback," read a note from the firm's trading desk on Monday. "Stocks may take a couple weeks to find their footing," after Friday's debacle, when the S & P 500 sank more than 2.6%. Recent trading sessions have been especially volatile. Stocks rebounded Monday, after a violent chip selloff Friday drove the Nasdaq Composite down 4% to its worst day in more than a year. Traders bought the dip Monday, with shares of Micron Technology , as an example, climbing 9%. The JPMorgan trading desk expects that the selling in tech could continue, especially ahead of this week's SpaceX IPO, which could drive investors to take profits in highflying sectors such as semiconductors in order to buy the rocket and satellite maker. But there may not be enough support from other sectors to lift the entire market, in that scenario. On Friday, for example, the major market averages all suffered severe pullbacks, even though roughly half of the S & P 500 sectors were actually positive. Bond concern The bond market is another area of concern. The yield on the 10-year Treasury continues to remain above 4.5%, and any indications of higher inflation in the May consumer or producer price indexes due out on Wednesday and Thursday this week could drive rates higher still. To be sure, the bank's traders remain confident that the forces underpinning the stock market continue to be healthy, thanks to strong corporate earnings and an improving macroeconomy. Friday's jobs report, for example, confirmed the labor market is keeping up a surprisingly robust pace of hiring. But the near-term s...
While the market obsesses over every NVIDIA earnings whisper, an unglamorous parts retailer in Memphis has quietly become one of the most interesting contrarian setups of 2026. On a recent Barron’s Streetwise episode, host Jack Hough and D.A. Davidson analyst Michael Baker laid out a thesis that cuts against the current AI mania: AutoZone is ... Wall Street Slept on This Amazon-Proof Business Mode...
While the market obsesses over every NVIDIA earnings whisper, an unglamorous parts retailer in Memphis has quietly become one of the most interesting contrarian setups of 2026. On a recent Barron’s Streetwise episode, host Jack Hough and D.A. Davidson analyst Michael Baker laid out a thesis that cuts against the current AI mania: AutoZone is ... Wall Street Slept on This Amazon-Proof Business Model. It’s Now at a 5-Year Discount.
Chipotle Mexican Grill ( CMG ) discussed the fast-casual chain's international growth plans in an interview with CFO Dive. Notably, CFO Adam Rymer said Chipotle ( CMG ) could have as many restaurants outside the U.S. as it does in the U.S. some day in the future. "There’s just so much space for us to grow, whether it’s in our company operated makeup when it comes to Western Europe, as well as many...
Chipotle Mexican Grill ( CMG ) discussed the fast-casual chain's international growth plans in an interview with CFO Dive. Notably, CFO Adam Rymer said Chipotle ( CMG ) could have as many restaurants outside the U.S. as it does in the U.S. some day in the future. "There’s just so much space for us to grow, whether it’s in our company operated makeup when it comes to Western Europe, as well as many partner-operated restaurants outside Western Europe," updated Rymer told CFO Dive in an interview. Chipotle ( CMG ) is in the process of ramping up international growth, including several partnerships with brand franchise operators and food groups to open new locations in areas including Dubai, Kuwait, Mexico, Singapore, and South Korea. Chipotle ( CMG ) currently operates restaurants outside the U.S. in Canada, the United Kingdom, France, Germany, Kuwait, and the United Arab Emirates. Shares of Chipotle ( CMG ) slipped 0.9% in Monday action and traded near the bottom of the 52-week range of $28.04 to $58.42. Wall Street analysts and Seeking Alpha analysts both have a consensus Buy rating on the restaurant stock. More on Chipotle Mexican Grill Chipotle Mexican Grill: Too Expensive, In Light Of Weak Comps Growth And Macro Headwinds Chipotle: The Trough Is Not The Trend Chipotle Mexican Grill, Inc. (CMG) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Notable analyst calls this week: Rio Tinto, UnitedHealth and Intuit among top picks Chipotle Mexican Grill on track to reverse losses after JPMorgan upgrades to Overweight
You know that feeling when a friend aces every exam, lands a dream job offer, and somehow still can't catch a break? That's the market handing CrowdStrike Holdings (CRWD) and Broadcom Inc. (AVGO) their report cards right now. Both companies just delivered earnings that would make most CEOs weep ...
You know that feeling when a friend aces every exam, lands a dream job offer, and somehow still can't catch a break? That's the market handing CrowdStrike Holdings (CRWD) and Broadcom Inc. (AVGO) their report cards right now. Both companies just delivered earnings that would make most CEOs weep ...
In this article .SOX QQQ Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:20 03:20 How options traders can protect themselves from a prolonged drawdown Options Action Chip stocks are bounding back Monday, but the rebound doesn't mean tech investors are in the clear. The PHLX Semiconductor Index (SOX) suffered its fifth-largest single-day decline in history. When a sector that has ...
In this article .SOX QQQ Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:20 03:20 How options traders can protect themselves from a prolonged drawdown Options Action Chip stocks are bounding back Monday, but the rebound doesn't mean tech investors are in the clear. The PHLX Semiconductor Index (SOX) suffered its fifth-largest single-day decline in history. When a sector that has effectively anchored the entire macro tech narrative moves with that kind of violence, we shouldn't treat it as routine noise. To understand the gravity of Friday's move, you have to look at the other four instances on this infamous leaderboard: The Tech Wreck (March 2000): The top spot belongs to the opening bell of the dot-com bear market. Within that multi-year unwinding, the SOX suffered two more gut punches of more than 10% on a single day in October 2000 and July 2002. The Pandemic Plunges (March 2020): The index shed nearly 11% on March 12th and a staggering 16% on March 16th as global liquidity evaporated. And now, we add last Friday to the list. The defining characteristic of the current market regime is speed. Whether this history-making drop marks the inception of a structural cyclical correction, as it did in 2000 and in the period that immediately followed, or simply an aggressive liquidity flush, the path forward will not be a straight line down. I distinctly remember late-stage tech bubble volatility going higher even as equity prices hit new highs. Pullbacks are healthy, but this kind of price action isn't particularly. The whole saga reminds me of the age old adage: buy protection when you can, not when you need to. The Strategy: Hedging for the Next Move I don't necessarily advocate dumping stocks, for one thing, that can have meaningfully unpleasant tax implications, but that has to be balanced against the need to preserve against immediate downside. We recommend utilizing liquid index options to establish a definitive risk ceiling without selling stock. ...
Synopsys (SNPS) CEO and President Sassine Ghazi joins Julie Hyman on Market Catalysts to discuss the outlook for the semiconductor industry and explain how Synopsys' strategic partnership with Nvidia (NVDA) is shaping the future of AI chip development.
Synopsys (SNPS) CEO and President Sassine Ghazi joins Julie Hyman on Market Catalysts to discuss the outlook for the semiconductor industry and explain how Synopsys' strategic partnership with Nvidia (NVDA) is shaping the future of AI chip development.
The Procure Space ETF (NYSEARCA:UFO) has gone from a sleepy thematic vehicle to one of the sharpest risers in the market, with UFO shares up about 32% in the past month and 165% over the past year. That move is being powered by a re-rating of small commercial space names like Virgin Galactic (NYSE:SPCE), which ... UFO ETF Faces a Concentration Crisis as Virgin Galactic Surge Becomes Unsustainable
The Procure Space ETF (NYSEARCA:UFO) has gone from a sleepy thematic vehicle to one of the sharpest risers in the market, with UFO shares up about 32% in the past month and 165% over the past year. That move is being powered by a re-rating of small commercial space names like Virgin Galactic (NYSE:SPCE), which ... UFO ETF Faces a Concentration Crisis as Virgin Galactic Surge Becomes Unsustainable
The Hiive Co. , an online platform for trading shares in pre-public companies, recently held talks with investors about a secondary stock sale that would have valued the firm at about $780 million, according to a document seen by Bloomberg. A share sale would capitalize on interest ahead of a bonanza of huge initial public offerings, led by SpaceX , OpenAI and Anthropic . Each of those companies i...
The Hiive Co. , an online platform for trading shares in pre-public companies, recently held talks with investors about a secondary stock sale that would have valued the firm at about $780 million, according to a document seen by Bloomberg. A share sale would capitalize on interest ahead of a bonanza of huge initial public offerings, led by SpaceX , OpenAI and Anthropic . Each of those companies is expected to target post-IPO valuations of hundreds of billions or more than $1 trillion. The potential sale of existing shares of Vancouver-based Hiive comes after it did a primary capital raise late last year, which targeted a pre-money valuation of $650 million. That raise was unusual because it was handled through Hiive’s own platform. Hiive invited investors to put money into an internally-managed fund for purchasing and holding preferred stock in the company. Sim Desai, Hiive’s founder and chief executive officer, said in a January LinkedIn post that an initial tranche for that Series B financing closed in late December after six weeks. “We now have the flexibility to conduct a larger institutional raise leveraging the validation and price discovery that we obtained through this process,” he wrote at the time. Hiive declined to comment on the potential secondary transaction. But Desai said in an emailed statement that the platform has seen record sign-ups, transaction and trading volume. The first quarter typically sees a seasonal dip but this year it hasn’t, he added. SpaceX IPO Is Said to Draw More Orders Than Shares Available SpaceX and Other Mega IPOs May Wait Years to Join the S&P 500 Anthropic Said to Pick Morgan Stanley, Goldman Sachs to Lead IPO Bloomberg News reported last year that Hiive was hoping to raise as much as $100 million to fund its growth, an ambitious step up from its C$5.7 million ($4.1 million) round in 2023. The platform was founded in 2021. Fast-growing technology companies such as Anthropic are tapping into growth capital and staying privat...
Yahoo Finance Tech Editor Dan Howley joins Market Catalysts from Apple's (AAPL) annual Worldwide Developers Conference (WWDC) at its Cupertino, Calif., headquarters as the 2026 event kicks off.
Yahoo Finance Tech Editor Dan Howley joins Market Catalysts from Apple's (AAPL) annual Worldwide Developers Conference (WWDC) at its Cupertino, Calif., headquarters as the 2026 event kicks off.
UBI is gaining attention as a potential response to AI-driven job loss. Guaranteed income pilot programs are showing benefits—yet critics question their cost and long-term effects.
UBI is gaining attention as a potential response to AI-driven job loss. Guaranteed income pilot programs are showing benefits—yet critics question their cost and long-term effects.
[The content of this article has been produced by our advertising partner.] Across the Asia Pacific region, the economics of office occupancy have changed materially. Fit-out costs in Sydney, Tokyo, Hong Kong, and Singapore have surged past US$270 per square foot at mid-specification. Grade A rents are rising in most markets outside mainland China as quality supply tightens. Meanwhile, competition...
[The content of this article has been produced by our advertising partner.] Across the Asia Pacific region, the economics of office occupancy have changed materially. Fit-out costs in Sydney, Tokyo, Hong Kong, and Singapore have surged past US$270 per square foot at mid-specification. Grade A rents are rising in most markets outside mainland China as quality supply tightens. Meanwhile, competition for skilled talent is at its most intense since 2019, with regional unemployment at just 4.7%. The...