Jensen Huang stood on a stage and pointed at Marvell. The most important man in artificial intelligence, the CEO of Nvidia, called it the next trillion-dollar company in front of a live crowd. The stock ripped 32% that day, its biggest single-day move ever. When the person building the engine of the AI economy tells…
Gold August (GC=F) futures opened at $4,025 this morning, Wednesday, July 1, 2026, down 0.3% compared to Tuesday’s closing price. The price of gold was firming this morning, moving up to $4,046.60 as of 8:03 a.m. ET. Last week we wrote, “Gold prices opened at their lowest level so far this week and are sliding…
The second quarter has come to a close, and it was a series of major ups and downs for the biggest names in tech. Chip stocks, outside of Nvidia (NVDA), had a blowout six months on euphoria around memory and storage sales and the need for traditional processors to power the AI build-out. Micron (MU)…
By Sarupya Ganguly BENGALURU, July 1 (Reuters) – The U.S. dollar’s recent rebound will fade in coming months as cooling oil prices temper inflation fears and Federal Reserve rate hike bets, a majority of FX strategists said in a Reuters poll, though a sizable minority say the strength is here to stay. A brief respite…
Samsung Electronics and SK Hynix, two of the largest makers of memory chips on the planet, will invest a combined $590 billion alongside the South Korean government to build a sprawling new manufacturing complex in an effort to relieve the AI-driven shortage that has sent the price of computer memory soaring worldwide. South Korean President…
Summary Stocks fended off fears of war, high oil prices, inflation, and tech bubbles to post a modest gain in 1H26. That said, the markets are now entering the poorest performing quarter of the year. By our calculations, 3Q performance has been underwhelming compared to 1Q, 2Q, and 4Q returns. Indeed, we analyzed data collected…
Summary The stock market ended June in recovery mode — and while the month showed mixed returns from a plethora of indices, it was an absolute slam-dunk of a quarter. The second quarter certainly benefited from some prescient timing, as the market bottomed on the second to last day of March following a four-week slide…
Summary Holding Pattern: Our Monthly Survey of the Economy, Interest Rates, and Stocks Stocks ended the month of June doing something they have not done much of lately, and that is doing not much. The S&P 500 reached its all-time closing high of 7,610 on the second day of June, following an outstanding series of…
This article was originally published on ETFTrends.com. At VettaFi, we’ve been talking a lot about bottlenecks as a concept. Some of the brightest equity market opportunities for capital growth are tied to bottlenecks in a supply chain-context. The AI theme is a prime example. For instance, look at the recent record-breaking results for Micron Technology…
By Supantha Mukherjee STOCKHOLM, July 1 (Reuters) – A Swedish court on Wednesday ordered Alphabet’s Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by payments platform Klarna, for favouring its own shopping service in search results. The award, equivalent to around 14.3 billion Swedish crowns, comes amid growing…
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