In trading on Monday, the iShares Semiconductor ETF is outperforming other ETFs, up about 6.3% on the day. Components of that ETF showing particular strength include shares of Marvell Technology, up about 13.6% and shares of Intel, up about 12.4% on the day. And underperformin
In trading on Monday, the iShares Semiconductor ETF is outperforming other ETFs, up about 6.3% on the day. Components of that ETF showing particular strength include shares of Marvell Technology, up about 13.6% and shares of Intel, up about 12.4% on the day. And underperformin
July NY world sugar #11 (SBN26 ) today is up +0.02 (+0.14%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.30 (+0.07%). Sugar prices are slightly higher today amid strength in crude oil. WTI crude oil (CLN26 ) is up more than +1% today, boosting ethanol prices...
July NY world sugar #11 (SBN26 ) today is up +0.02 (+0.14%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.30 (+0.07%). Sugar prices are slightly higher today amid strength in crude oil. WTI crude oil (CLN26 ) is up more than +1% today, boosting ethanol prices...
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we
Most investors who pile into the S&P 500 in 2026 think they own the entire stock market. What they actually own is nothing more than a heavy bet on Big Tech — and right now, that bet has run its course.
Most investors who pile into the S&P 500 in 2026 think they own the entire stock market. What they actually own is nothing more than a heavy bet on Big Tech — and right now, that bet has run its course.
Key PointsWith a strong market position in all parts of the AI value chain, this tech enterprise might be the best way to invest behind this secular theme.
Key PointsWith a strong market position in all parts of the AI value chain, this tech enterprise might be the best way to invest behind this secular theme.
HUNG CHIN LIU/iStock via Getty Images Tesla: Latest Vehicle Sales Data My last analysis on Tesla, Inc. ( TSLA ) stock was published on April 27 under the title “ Tesla Q1 Earnings: Catalysts Galore. ” As stated in the title, the article provided a review for its Q1 earnings report (ER) and rated the stock as a strong buy. Since then, a few new material developments have motivated this revisit. The...
HUNG CHIN LIU/iStock via Getty Images Tesla: Latest Vehicle Sales Data My last analysis on Tesla, Inc. ( TSLA ) stock was published on April 27 under the title “ Tesla Q1 Earnings: Catalysts Galore. ” As stated in the title, the article provided a review for its Q1 earnings report (ER) and rated the stock as a strong buy. Since then, a few new material developments have motivated this revisit. The top ones on my list are the P/E changes, the latest EV (electric vehicle) delivery data, and also the implications of SpaceX’s ( SPCX ) incoming IPO. These developments have prompted me to reexamine the implications of its current valuation, which now hovers around a seemingly absurd FWD P/E of 190x. In the end, my takeaways are largely twofold. First, the current triple-digit P/E ratios likely overstated the valuation risks as the company’s accounting EPS underestimates its true economic earnings. Second, the valuation multiples can also shrink rapidly given the current growth catalysts, resulting in a large potential health return in the next few years. With this overview, let me start with the latest EV (electric vehicle) delivery data. Since my last writing, new data for TSLA EV sales have become available in key markets, including China and also the EU (European Union). In China, Tesla’s May performance was quite encouraging (see the chart and news release below for more specifics) and ended its retail slump in this crucial market. CNEV POST News: Tesla's retail sales in China reached 47,281 units in May, a 22.53% increase year-on-year. Exports from the Shanghai factory surged 67.73% year-on-year in May, continuing to play a key role in meeting global market demand according to data released Monday by the China Passenger Car Association (CPCA). As a broader context, the latest data also show a broader expansion trend in China's new energy vehicle (NEV) market. In the month of May 2026, China's NEV sales reached 950k units in May, translating into an 18.6% YOY growth. ...
The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund has declared a monthly distribution of $0.0283 per share payable on June 30, 2026, to shareholders of record on June 15, 2026. Zedge, a company that builds and operates creator c
The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund has declared a monthly distribution of $0.0283 per share payable on June 30, 2026, to shareholders of record on June 15, 2026. Zedge, a company that builds and operates creator c
Paul Hudson is a software developer and the creator of Hacking with Swift, a platform that trains people to develop on the Apple ecosystem. He joins Ed Ludlow on "Bloomberg Tech" from in Cupertino to discuss why he is hoping for some "great APIs" from Apple. (Source: Bloomberg)
Paul Hudson is a software developer and the creator of Hacking with Swift, a platform that trains people to develop on the Apple ecosystem. He joins Ed Ludlow on "Bloomberg Tech" from in Cupertino to discuss why he is hoping for some "great APIs" from Apple. (Source: Bloomberg)
Hundreds of tickets are still available for the U.S. and Canada opening matches for the World Cup on Friday. Even more are available in resale platforms — many at below face value. (Image credit: Patrick T. Fallon)
Hundreds of tickets are still available for the U.S. and Canada opening matches for the World Cup on Friday. Even more are available in resale platforms — many at below face value. (Image credit: Patrick T. Fallon)
Estonian vehicle sharing platform Bolt will launch its first autonomous mobility test program in Luxembourg in collaboration with carmaker Stellantis and Chinese robotaxi operator Pony.ai, the companies said on Monday. The announcement followed a joint declaration of intent signed by 18 European Union member states on large-scale cross-border tests for autonomous vehicles under the European ...
Estonian vehicle sharing platform Bolt will launch its first autonomous mobility test program in Luxembourg in collaboration with carmaker Stellantis and Chinese robotaxi operator Pony.ai, the companies said on Monday. The announcement followed a joint declaration of intent signed by 18 European Union member states on large-scale cross-border tests for autonomous vehicles under the European Automotive Action Plan. Their pilot program will focus on validating the safety, performance and regulatory readiness of Pony.ai's autonomous vehicles in Luxembourg's traffic environment, the companies said.
Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled on a first attempt.In the first quarter of this year, Apple iPhone sales grew by double digits in just about every country where it does business. arp/bgs
Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled on a first attempt.In the first quarter of this year, Apple iPhone sales grew by double digits in just about every country where it does business. arp/bgs
Zhenikeyev/iStock via Getty Images Bending Spoons, the parent company of AOL, Vimeo, and Eventbrite, has filed to go public in the U.S. with plans for an initial public offering this summer. The Milan-based tech company buys popular but financially stagnant digital businesses and software platforms. Once acquired, Bending Spoon recoups its acquisition costs by drastically cutting staff, eliminatin...
Zhenikeyev/iStock via Getty Images Bending Spoons, the parent company of AOL, Vimeo, and Eventbrite, has filed to go public in the U.S. with plans for an initial public offering this summer. The Milan-based tech company buys popular but financially stagnant digital businesses and software platforms. Once acquired, Bending Spoon recoups its acquisition costs by drastically cutting staff, eliminating or restricting free product tiers, and increasing subscription prices. According to a filing with the U.S. Securities and Exchange Commission, Bending Spoons ended 2025 with $1.31B in sales, with the majority of its revenue generated from subscriptions. It raised funding in 2025 valued at $11B, up ~300% from its 2024 valuation. According to Reuters, the company will likely seek a $20B valuation with the IPO. Early investors include Baillie Gifford, Cox Enterprises, Durable Capital Partners, and Fidelity. Goldman Sachs, J.P. Morgan, and Allen & Company are lead underwriters for the IPO. More on Cabaletta Bio, Inc. (CABA) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript Ondine Biomedical Inc. (OBIMF) Q4 2025 Earnings Call Transcript Corvus Pharmaceuticals, Inc. (CRVS) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript BlackRock Utilities Infrastructure & Power Oppty raises monthly dividend by 13.2% to $0.154/share Accenture to acquire creator marketing agency Whalar; shares fall
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)