JHVEPhoto/iStock Editorial via Getty Images We live in difficult times for investing in the stock market, a problem that was part of the conclusion in my recent article , "This 'Looney Tunes' Market Calls For Thinking At The Second Level: Here Are My Thoughts," June 13. The major problem is the combination of a market that keeps going up despite all evident obstacles and may well continue to do so...
JHVEPhoto/iStock Editorial via Getty Images We live in difficult times for investing in the stock market, a problem that was part of the conclusion in my recent article , "This 'Looney Tunes' Market Calls For Thinking At The Second Level: Here Are My Thoughts," June 13. The major problem is the combination of a market that keeps going up despite all evident obstacles and may well continue to do so for as much as a couple of years despite the fact that many market leaders are already wildly overpriced. This valuation problem presents serious risks at whatever future moment the market corrects and will likely inflict serious losses on many investors. What's the best strategy? Should I sell, hedge, or simply ride out a large market decline with stocks that are only moderately expensive and seem likely to have a solid future? Few investment decisions are more difficult and prone to unexpected curveballs. In this article I will use McKesson Corporation ( MCK ), a stock that I hold in several family portfolios, including my own. It's ranked third overall when family holdings are combined. It's tricky to find the right ranking - hold, sell, or strong sell—in Seeking Alpha rankings, given that a major correction is likely to pull MCK down initially along with most other stocks. This signals the need for some caution. This article on McKesson and perhaps one or two other stocks that will follow explains my approach to making these choices and maximizing likely results even if there's a bear growling somewhere in the nearby forest. What follows is an outline of this bear market strategy. Checking The Boxes Investors vary in the criteria they use to evaluate both safety and potential of an individual stock. The following list is mine, based on operating results as rendered by Seeking Alpha statistics over the past decade. I should add that I first evaluate an individual stock without careful comparison to any other stock. Persistent and growing revenues. In this very important...
Shares of Rocket Lab (NASDAQ:RKLB) have been on a wild ride lately, with the stock down 17.94% over the past week and 24.23% over the past month as the broader space complex has sold off hard since SpaceX’s June 2026 IPO. Even after the pullback, RKLB is still up 19.57% year to date, 114.53% over ... Rocket Lab Bull-Case Target Set at $293 by Morgan Stanley
Shares of Rocket Lab (NASDAQ:RKLB) have been on a wild ride lately, with the stock down 17.94% over the past week and 24.23% over the past month as the broader space complex has sold off hard since SpaceX’s June 2026 IPO. Even after the pullback, RKLB is still up 19.57% year to date, 114.53% over ... Rocket Lab Bull-Case Target Set at $293 by Morgan Stanley
Meta is adding a new safeguard to stop people from secretly recording others with its AI glasses. But the update comes as the company continues to expand how much personal data its AI products collect and use.
Meta is adding a new safeguard to stop people from secretly recording others with its AI glasses. But the update comes as the company continues to expand how much personal data its AI products collect and use.
In late June 2026, Marvell Technology announced an expanded AI infrastructure partnership with NVIDIA, including NVLink ecosystem integration and a US$2.00 billion strategic investment, while also affirming a US$0.06 quarterly dividend and reporting that data center revenue had risen to 76% of total sales. On June 27, 2026, Marvell was removed from several Russell value indexes, underscoring its s...
In late June 2026, Marvell Technology announced an expanded AI infrastructure partnership with NVIDIA, including NVLink ecosystem integration and a US$2.00 billion strategic investment, while also affirming a US$0.06 quarterly dividend and reporting that data center revenue had risen to 76% of total sales. On June 27, 2026, Marvell was removed from several Russell value indexes, underscoring its shift toward a growth-oriented AI data center profile, now trading at around 74x forward earnings...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.61%. September E-mini S&P futures (ESU26 ) are down -0.77%, and September E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.61%. September E-mini S&P futures (ESU26 ) are down -0.77%, and September E-mini Nasdaq futures...
This week, Microsoft took a huge ax to its Xbox business. The company announced that it would be laying off 1,600 workers now, 1,600 more over the next fiscal year, and that it would be shedding four studios. Xbox CEO Asha Sharma hasn't been shy about why she's making such dramatic cuts, saying in a memo that the business is "not healthy." Speaking to Fortune , she said that "we simply spread ours...
This week, Microsoft took a huge ax to its Xbox business. The company announced that it would be laying off 1,600 workers now, 1,600 more over the next fiscal year, and that it would be shedding four studios. Xbox CEO Asha Sharma hasn't been shy about why she's making such dramatic cuts, saying in a memo that the business is "not healthy." Speaking to Fortune , she said that "we simply spread ourselves too thin." Given the scale of the changes and Xbox's currently vague strategy of focusing only on big games , it's unclear just what the future of the platform is. As Microsoft invests much of its resources into everything AI, a struggling cons … Read the full story at The Verge.
Russia Bans Diesel Exports, Assuring Even Higher Prices As was widely speculated in recent days, Russia banned exports of diesel in order to avoid domestic shortages after a flurry of attacks by Ukrainian drones on the nation’s refineries. “Today we introduced ban on exports of diesel, ” Deputy Prime Minister Alexander Novak said at the government’s meeting with President Vladimir Putin. The decis...
Russia Bans Diesel Exports, Assuring Even Higher Prices As was widely speculated in recent days, Russia banned exports of diesel in order to avoid domestic shortages after a flurry of attacks by Ukrainian drones on the nation’s refineries. “Today we introduced ban on exports of diesel, ” Deputy Prime Minister Alexander Novak said at the government’s meeting with President Vladimir Putin. The decision will further squeeze global fuel markets, which are already under pressure due to the supply disruption caused by the Iran war. Russia's decision means that the recent surge in the diesel margins to record highs, which have completely disconnected with oil prices, are set to rise even more. Last year, Russia accounted for about 11% of global supplies of diesel, according to data compiled by Bloomberg from analytics firm Vortexa. The logical corollary is what the DOE reported earlier today, namely that US product exports - which include diesel and other refined products - surged to a record high. Exports of the fuel were previously banned only for traders and other sellers in Russia that don’t make their own fuel. The diesel ban comes on top of existing restrictions on most shipments of gasoline and jet fuel. Russia has been struggling to ensure domestic oil-product supplies and to contain prices at the pump after drone attacks damaged several refineries. Ukraine’s intensified strikes pushed Russia’s crude-processing rates to multi-year lows. Many regions have been forced to impose some degree of fuel rationing because of the disruptions. Even before the ban, Russia’s diesel and gasoil exports were dropping significantly. During the first three weeks of June, its exports of diesel and gasoil averaged about 490,000 barrels a day, only slightly more than half of what the nation shipped to foreign markets in 2025, according to data compiled by Bloomberg from Vortexa. Tyler Durden Wed, 07/08/2026 - 13:10
The Pitt led all nominees with 25 in a dominant second season, while Hacks led all comedies with 24 for its final season as the Emmy nominations were announced on Wednesday. HBO Max’s emergency room series The Pitt was a rookie upstart last year with big wins including best drama series, best actor for Noah Wyle and best supporting actress for Katherine LaNasa. Already a beloved veteran show, it o...
The Pitt led all nominees with 25 in a dominant second season, while Hacks led all comedies with 24 for its final season as the Emmy nominations were announced on Wednesday. HBO Max’s emergency room series The Pitt was a rookie upstart last year with big wins including best drama series, best actor for Noah Wyle and best supporting actress for Katherine LaNasa. Already a beloved veteran show, it owned this year’s acting categories. Wyle was nominated again, as was LaNasa. Taylor Dearden, Fiona...
Twelve South’s AirFly Pro is just $5 more than the SE model. | Image: Twelve South If you’ve got a summer trip coming up, the last-gen Twelve South AirFly Pro is one of those gadgets that can make a long flight feel a little shorter. It lets you use your wireless headphones with in-flight entertainment systems, and right now it’s on sale for $39.99 ($15 off) at Amazon . That’s the best price we’ve...
Twelve South’s AirFly Pro is just $5 more than the SE model. | Image: Twelve South If you’ve got a summer trip coming up, the last-gen Twelve South AirFly Pro is one of those gadgets that can make a long flight feel a little shorter. It lets you use your wireless headphones with in-flight entertainment systems, and right now it’s on sale for $39.99 ($15 off) at Amazon . That’s the best price we’ve seen all year and just $7 shy of the all-time low we last saw in January 2025. Twelve South AirFly Pro Where to Buy: $54.99 $39.99 at Amazon For just $5 more than the AirFly SE , the Pro adds a handful of useful extras, one of which is support for both Bluetooth transmitter and receiver modes. That means you can use your wireless headphones with an airplane’s entertainment system during a flight, then stream music from your phone to compatible wired speakers and sound systems once you’ve landed. Unlike the SE, it also supports two pairs of Bluetooth headphones at once, so you can share a movie or podcast with a travel companion. Plus, its 25 hour battery life should be enough to last through even the longest international flights. The AirFly Pro is useful in other ways, too. During your vacation, you can use it to connect your preferred music streaming service to an older rental car stereo, or your ear buds to a Nintendo Switch. Once you’re back home, it can also connect your wireless headphones to compatible gym equipment and other devices with a standard 3.5mm audio jack.
(RTTNews) - The Treasury Department continued this week's series of announcements of the results of its long-term securities auctions on Wednesday, revealing this month's sale of $39 billion worth of ten-year notes attracted above average demand.
(RTTNews) - The Treasury Department continued this week's series of announcements of the results of its long-term securities auctions on Wednesday, revealing this month's sale of $39 billion worth of ten-year notes attracted above average demand.
Shares in FTAI Aviation (NASDAQ: FTAI) rose by 37.4% in the first half of 2026, according to the data from S&P Global Market Intelligence . It's an excellent performance, but it was anything but linear. Instead, FTAI has had a volatile year, with many of the year's topical issues: AI-linked investment, the conflict in Iran, and energy prices. Given that these factors remain highly dynamic, volatil...
Shares in FTAI Aviation (NASDAQ: FTAI) rose by 37.4% in the first half of 2026, according to the data from S&P Global Market Intelligence . It's an excellent performance, but it was anything but linear. Instead, FTAI has had a volatile year, with many of the year's topical issues: AI-linked investment, the conflict in Iran, and energy prices. Given that these factors remain highly dynamic, volatility is likely to continue. The company operates three businesses that are highly related but distinct. The core business is providing engine maintenance for airlines and airplane owners. The second is aviation leasing, where it takes assets (airplanes) on its books, raises third-party capital, and then owns and leases the airplanes to airlines, while ensuring the engines are maintained. The third, nascent, business is FTAI Power, which was launched at the end of 2025, and converts CFM56 engines (which power the legacy Airbus A320 family of planes as well as the legacy Boeing 737) into power turbines to provide energy to data centers globally. All three were impacted by events in 2026. Continue reading
Crude oil prices jumped and stock prices fell after President Trump declared an end to the cease fire with Iran, adding fresh uncertainty to an already shaky outlook for the global economy. (Image credit: Michael M. Santiago)
Crude oil prices jumped and stock prices fell after President Trump declared an end to the cease fire with Iran, adding fresh uncertainty to an already shaky outlook for the global economy. (Image credit: Michael M. Santiago)
The best defense is a good offense. That old sports adage seems to capture what Meta Platforms CEO Mark Zuckerberg hopes to accomplish by standing up a cloud business. Shares of the Facebook and Instagram parent company soared nearly 9% last Wednesday, the day the company confirmed to Jim Cramer that a long-talked-about cloud service was in the works. According to Bloomberg, which was first to rep...
The best defense is a good offense. That old sports adage seems to capture what Meta Platforms CEO Mark Zuckerberg hopes to accomplish by standing up a cloud business. Shares of the Facebook and Instagram parent company soared nearly 9% last Wednesday, the day the company confirmed to Jim Cramer that a long-talked-about cloud service was in the works. According to Bloomberg, which was first to report the news, Meta is debating whether to offer access to AI models hosted on its infrastructure or to sell access to raw computing power. A week later, there are few details on exactly what Meta is planning, and the stock is a few dollars per share lower than where it closed the day the news came out. The bull case for a Meta cloud business is that by going on the offensive and creating a new revenue stream, it also provides the defense needed to hedge against overbuilding on AI infrastructure. Those spending concerns were evident on the evening of April 29 when Meta's outstanding fiscal 2026 first quarter was met with heavy selling. The Street graded Meta's capital expenditure intentions more harshly relative to its hyperscaler peers ( Amazon , Microsoft , and Alphabet ), as monetization of that spend would depend almost entirely on internal demand for compute. The three biggest public clouds use only the compute they need and rent out any excess capacity. The bear case questions whether a Meta cloud signals excess compute because the company overshot what it needs. Let's explore each argument and where we come down. The bear case The bear case centers on whether Meta will see enough of a return on invested capital (ROIC) for its massive amounts of AI spending it has already made and the plan for between $125 billion and $145 billion of capital expenditures in fiscal 2026. That's a capex increase from the prior range of between $115 billion and $135 billion, and above the $122.64 billion expected, even on the low end, according to FactSet. Laura Martin, the longtime Needh...