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Peace Deal Reignites Tech Stock Rally
Barrons.com55d agobullish
Peace Deal Reignites Tech Stock Rally

The Nasdaq had its best day since March after Wall Street used the U.S.-Iran peace deal as just another excuse to pile into technology stocks. The Dow rose 469 points, or 0.9%. Market breadth was actually mediocre, but everything from Big Tech to software and chips were on the rise, along with other risk assets like crypto firms.

AI Stocks Are Rallying on Iran Peace Deal News, but the Risks Just Got a Lot Bigger
Barrons.com55d agobullish
AI Stocks Are Rallying on Iran Peace Deal News, but the Risks Just Got a Lot Bigger

The stock market was overlooking Anthropic’s latest feud with the U.S. government on Monday, which highlights what could be an ongoing problem for tech stocks: government intervention. Anthropic announced on Friday that it had suspended all access to its newest and most capable models, Fable 5 and Mythos 5. This came after the government issued an export control directive to suspend access to the models by any foreign national, citing national security concerns.

Why the Dow Is Lagging the Nasdaq Again
Barrons.com55d agoneutral
Why the Dow Is Lagging the Nasdaq Again

The Dow may be on track for a fresh closing high, but it’s still lagging behind the Nasdaq today. The blue-chip index was up 607 points, or 1.2%. The Nasdaq rose 3%. The S&P 500 rose 1.8%. The Nasdaq was on track for its second-best day of the year after the U.

Wall Street Is Drifting Away From This Unstoppable Digital Monopoly: Here Is the 1 Stock I’m Loading Up on Over and Over
24/7 Wall St.55d agoneutral
Wall Street Is Drifting Away From This Unstoppable Digital Monopoly: Here Is the 1 Stock I’m Loading Up on Over and Over

I keep buying Netflix (NASDAQ:NFLX) every time the market hands me a worse price for the same business, and the market has been generous lately. The stock closed at $81.27 on June 11, down 13.32% year to date while the Nasdaq 100 ETF is up 16.74% over the same window. That gap is the whole ... Wall Street Is Drifting Away From This Unstoppable Digital Monopoly: Here Is the 1 Stock I’m Loading Up on Over and Over

The Nasdaq Is Up 3%. It's Had a Lot of Big Moves Recently.
Barrons.com55d agoneutral
The Nasdaq Is Up 3%. It's Had a Lot of Big Moves Recently.

The Nasdaq Composite is having its second-best day of the year. The tech-heavy index is up 3%, which has only been topped one time this year: on March 31, according to Dow Jones Market Data. Software, chips, and Mag 7 stocks were all in on the action on Monday.

SpaceX's trading debut puts the market on notice
Yahoo Finance Video55d agoneutralVIDEO
SpaceX's trading debut puts the market on notice

Yahoo Finance Senior Reporter Brooke DiPalma discusses Opening Bid's Stock of the Day," SpaceX (SPCX) as the company begins to reshape the space industry. Joined by B. Riley Wealth Chief Market Strategist Art Hogan, Yahoo Finance Senior Business Reporter Ines Ferré, and Markets & Data Editor Jared Blikre.

Oil plunges, stocks jump on US-Iran peace deal
AFP55d agobearish
Oil plunges, stocks jump on US-Iran peace deal

Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a deal to end the Middle East war and reopen the Strait of Hormuz, sending a wave of relief through global markets.The strait, through which roughly 20 percent of the world's crude oil supply normally transits, was effectively closed by Tehran after the US and Israeli strikes on Iran in late February, sending energy prices soaring.

Tech Stocks Set to Start the Week Higher
The Wall Street Journal55d agobullish
Tech Stocks Set to Start the Week Higher

Tech stocks have driven the market in recent weeks, and shares in companies tied to the AI-buildout are among the biggest premarket winners this morning. Shares of Micron Technology, Super Micro Computer and Marvell Technology all rose ahead of the open, with Nasdaq futures up about 2%.