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Investors Just Can’t Get Enough of Stocks These Days
The Wall Street Journal77d agoneutral
Investors Just Can’t Get Enough of Stocks These Days

War in the Middle East, the largest energy shock in history and worries about artificial intelligence have done little to cool their ardor. U.S. corporations are wrapping up a blockbuster earnings season. Institutional investors are holding 50% more in stocks than their benchmarks, the highest figure since January 2022, according to Bank of America’s latest survey of global fund managers.

Wall Street rises as Middle East hopes lift sentiment
Reuters Videos77d agoneutralVIDEO
Wall Street rises as Middle East hopes lift sentiment

<body><p>STORY: U.S. stocks rose on Friday, with the Dow reaching an intraday record high, as investors cheered signs of progress in talks to end the Middle East conflict and a strong corporate earnings season.</p><p>The Dow added six tenths of one percent, the S&P 500 climbed four tenths and the Nasdaq two tenths.</p><p>The U.S. has made some progress toward a deal with Iran, though more work remains, Secretary of State Marco Rubio said on Friday.&nbsp;</p><p>Iran’s foreign ministry spokesman said differences between the two sides remained deep.</p><p>Shana Orczyk Sissel, founder and chief executive officer of Banríon Capital Management say investors should expect more bumps in the road as these talks continue.</p><p>"So in terms of what this means for the market, I think that for as long as we have this uncertainty around how long the tensions and the war will continue, global oil markets will be under pressure, which will continue to lead to higher volatility in the equity and the fixed income markets. And until we have some sort of resolution, I think investors can expect volatility and higher than average inflation.”</p><p>This will become a focus for Kevin Warsh who was sworn in as the new Federal Reserve chair Friday.</p><p>Semiconductor stocks, which have driven recent Wall Street gains, were mostly higher&nbsp;though Nvidia slipped about two percent.&nbsp;</p><p>Shares of U.S. computer makers surged following strong results from China's Lenovo Group with Dell surging nearly 17%.</p><p>:: Workday</p><p>And Workday rose 5% after the human resources software provider exceeded expectations for first-quarter revenue and profit.</p></body>

Are mega-IPOs like SpaceX huge opportunities for options trades?
Yahoo Finance Video77d agoneutralVIDEO
Are mega-IPOs like SpaceX huge opportunities for options trades?

As part of the latest installment of Yahoo Finance's Options Playbook, BayCrest managing director David Boole explains the influence that mega-IPOs, the likes of SpaceX (SPAX.PVT), Anthropic (ANTH.PVT), and OpenAI (OPAI.PVT), are having on markets (^DJI, ^IXIC, ^GSPC), possible options trades, and proxy trades on other stocks like Elon Musk's Tesla (TSLA).

Are there any warnings to glean from market's new record highs?
Yahoo Finance Video78d agobullishVIDEO
Are there any warnings to glean from market's new record highs?

US stocks (^DJI, ^IXIC, ^GSPC) tick higher at Friday's session open after bond yields (^TYX, ^TNX, ^FVX) surged this week, signaling renewed inflation worries amid market highs. Portfolio Wealth Advisors president and CIO Lee Munson and Yahoo Finance Markets and Data Editor Jared Blikre examine the growth and possible warning signs within the market.

Workday shares jump as AI demand eases investor concerns
Reuters78d agobullish
Workday shares jump as AI demand eases investor concerns

Workday shares jumped nearly 12% premarket on Friday after the enterprise software maker ‌beat first-quarter revenue and profit estimates, easing concerns ‌that AI rivals such as Anthropic could rapidly disrupt demand for ​traditional software vendors. Subscription revenue at the Pleasanton, California-based company jumped 14.3% to $2.35 billion, with net new business driving 40% of that growth, according to Chief Commercial Officer ‌Rob Enslin. Workday, however, retained ⁠its annual subscription revenue forecast.

UBS Global Wealth Management lifts S&P 500 target on strong consumer spending, AI demand
Reuters78d agoneutral
UBS Global Wealth Management lifts S&P 500 target on strong consumer spending, AI demand

UBS Global Wealth ‌Management raised its ‌2026 year-end target for ​the S&P 500 to 7,900 from 7,500 previously, citing ‌resilient ⁠consumer spending and seemingly insatiable ⁠demand for data center infrastructure. In ​a note ​dated ​May 21, ‌the brokerage said U.S. stocks have hit new highs despite ongoing uncertainty ‌over Middle ​East energy ​flows, ​driven by ‌hopes of an ​end ​to the conflict, strong first-quarter ​earnings, ‌and AI momentum. (Reporting ​by Akriti Shah ​in Bengaluru)

Vitesse Energy (VTS): Buy, Sell, or Hold Post Q1 Earnings?
StockStory78d agoneutral
Vitesse Energy (VTS): Buy, Sell, or Hold Post Q1 Earnings?

Over the past six months, Vitesse Energy’s shares (currently trading at $18.50) have posted a disappointing 10% loss, well below the S&P 500’s 13.2% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Dycom (DY): Buy, Sell, or Hold Post Q4 Earnings?
StockStory78d agoneutral
Dycom (DY): Buy, Sell, or Hold Post Q4 Earnings?

Dycom currently trades at $419.62 and has been a dream stock for shareholders. It’s returned 394% since May 2021, blowing past the S&P 500’s 77.9% gain. The company has also beaten the index over the past six months as its stock price is up 29.8% thanks to its solid quarterly results.

Morgan Stanley flags major Home Depot opportunity ahead
TheStreet78d agoneutral
Morgan Stanley flags major Home Depot opportunity ahead

I have been watching the housing market do something unusual for the better part of two years — stand completely still. Mortgage rates stay elevated. Existing homeowners won't sell. Buyers can't afford to buy. And yet Home Depot (HD), the retailer most directly wired to housing activity, keeps the ...