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Investing.com61d agobullish
Cerebras jumps 4% as analysts launch bullish coverage

Investing.com -- Shares of Cerebras Systems (NASDAQ: CBRS) jumped 4% on Monday, driven by a massive wave of bullish sentiment from Wall Street. As the company’s post-IPO quiet period officially expired, nine major brokerages initiated coverage on the AI chipmaker—all issuing the equivalent of a "Buy" rating. Analysts across the board are hailing Cerebras as the most formidable and uniquely positioned challenger to NVIDIA’s market dominance, pointing to its radical "wafer-scale" architecture and

Oil surges on Mideast war escalation, tech stocks slide
AFP61d agobullish
Oil surges on Mideast war escalation, tech stocks slide

Oil prices surged Monday after Iran and Israel resumed strikes against one another despite a purported ceasefire, while technology stocks slumped following heavy pre-weekend losses on Wall Street.Wall Street had tumbled Friday, led by a four-percent drop for the tech-heavy Nasdaq.

Stocks tumble, oil jumps amid tech rout, Iran tensions
Reuters Videos61d agobullishVIDEO
Stocks tumble, oil jumps amid tech rout, Iran tensions

<body><p>STORY: Asian stocks plunged on Monday morning as investors hit the brakes on the red-hot AI rally.</p><p>South Korea’s tech-heavy KOSPI index took the heaviest beating.</p><p>It was down around 6% by late-morning after volatile trade had earlier triggered a 20-minute halt.</p><p>Chip giant Samsung matched the overall decline.&nbsp;</p><p>Meanwhile, Japan’s Nikkei index was down around 4% by the same time.</p><p>That follows a similar drop for the Nasdaq on Wall Street at the end of last week.</p><p>One analyst told Reuters that doubts have crept in over tech earnings, partly following weaker-than-expected numbers from US chipmaker Broadcom.</p><p>Last week’s hotter-than-expected U.S. jobs data have also all but wiped out hopes for further rate cuts by the Federal Reserve this year.</p><p>Then there’s Iran.</p><p>Tensions in the Middle East have flared again, following Israel’s strikes on Lebanon, and Iran’s retaliatory strikes on Israel.</p><p>International benchmark Brent Crude was up around 3% on Monday morning, once again heading towards the $100 per barrel mark.</p><p>That’s despite weekend action by the OPEC+ oil exporters’ group&nbsp;to reassure markets with a further boost to output.</p><p>Later this week, all eyes turn to the potentially record breaking SpaceX share listing.</p><p>Elon Musk’s rocket firm is set to start trading on Friday, and is expected to debut with a valuation of around $1.75 trillion.</p><p>With so much money going to that, and more possible mega-listings such as OpenAI, some brokers have expressed concern about the impact on other assets.&nbsp;</p></body>

Morning Bid: Blistering AI rally turns ugly
Reuters61d agobullish
Morning Bid: Blistering AI rally turns ugly

A look at the day ahead in European and global markets from Rae Wee An ugly selloff in technology stocks swept across Asia on Monday as investors slammed the brakes on the red-hot AI rally, with a

1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle
24/7 Wall St.62d agobullish
1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle

President Trump’s second-term trade agenda has hardened into a structural policy regime, with U.S. steel imports sitting at their lowest levels since the global financial crisis. That backdrop has turned the under-$40 corner of the industrial market into one of the most asymmetric setups in the market, where a single multi-quarter pricing cycle can re-rate ... 1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle

Cathie Wood buys $99 million of popular megacap stock
TheStreet62d agobullish
Cathie Wood buys $99 million of popular megacap stock

Cathie Wood, chief of Ark Investment Management, has actively traded tech stocks as investors search for the biggest beneficiaries of the AI boom. Wood just made one of her biggest trades of the year in the past week, snapping up roughly $99 million worth of shares in Google’s parent company, ...

Investing.com63d agobullish
Citi lifts S&P 500 target to 8100 as AI boom fuels episodic earnings surge

Investing.com -- Wall Street is recalibrating its long-term equity projections even as macroeconomic turbulence shakes the broader market. Citigroup equity strategist Scott Chronert lifted the bank's year-end 2026 target for the S&P 500 to 8100, up from his previous forecast of 7700. This aggressive upward revision hinges on a massive acceleration in corporate profitability rather than expanding valuation multiples, according to Chronert. The strategist now projects index-level earnings to hit $

2-Year Yield Jumps to Highest Level in a Year
The Wall Street Journal63d agobullish
2-Year Yield Jumps to Highest Level in a Year

The inflation fears sparking Friday's selloff propelled the 2-year Treasury yield to its level since Feb. 2025. The 2-year note settled at 4.160%, while the 10-year Treasury yield rose to 4.537%. Investors dumped bonds after a hot jobs report rekindled the possibility of rate hikes this year.