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(PRO Views, exclusive to PRO subscribers, gives you insight into the day’s news straight from real investment pros. See the full discussion above.) With earnings in the spotlight this week, NYSE Insider Jay Woods is paying particular attention to Microsoft, as about a third of the S&P 500 index is reporting. The Magnificent Seven giant is scheduled to release its latest financial results on Wednesday afternoon, but Woods noted that the stock is “stuck” between its 50-day and 200-day moving averages. “Look at the 50-day moving average of support, around 420, around 400, and resistance. The 200-day moving average is…
CNBC’s Jim Cramer said one of the biggest overlooked risks to the market is a wave of large initial public offerings that could drain liquidity from stocks.”Bull markets can be killed by oversupply. Too many big IPOs and they collapse under their own weight,” the “Mad Money” host said Monday.Investors are looking forward to potential IPOs later this year from OpenAI, SpaceX, and Anthropic, which are expected to draw huge institutional and retail demand. With the hype around artificial intelligence still growing, Kramer said these products could attract a disproportionate share of investor capital and pull money out of society.…
Channing Tatum reveals cryptic message as Zoe Kravitz and Harry Styles engagement rumors emergeChanning Taum is talking about his feelings. Amid rumors that her ex-fiancée Zoe Kravitz is engaged to Harry Styles, whom she started dating last year after splitting from the Magic Mike alum in 2024, Channing shared with her followers a poem that resonated with her. “I read it,” the 46-year-old wrote on his Instagram Story on April 27, alongside a poem he shared four days earlier by poet John Rodel. The poem was, “My brain and heart got divorced/Ten years ago/Who was to blame for how bad…
“They’re sucking the cash out of this market, and it looks like every new dollar that’s available is going to this group.” Jim Cramer’s problem at the moment is with stocks related to the data center boom. He said this on CNBC Monday morning to emphasize a point he made in his latest column. “Even the most irrelevant ‘stories’ in data center, such as warehouse REITs and machinery stocks like Cummins and Dover, can manage to survive with healthy data center orders, but not much else,” Jim wrote on Sunday. Dover stock rose again on Monday, nearing all-time highs after…
CNBC’s Jim Cramer said the ferocious rally in semiconductor and AI stocks may be sending a warning signal to the broader market. “Recently, we’ve been seeing some parabolic movement across the market,” the “Mad Money” host said. “That’s worrying.” It was after his historic run that he became cautious. Philadelphia Semiconductor Indexoften referred to as SOX, rose for 18 consecutive sessions before collapsing on Monday, the longest winning streak in history. The index rose more than 47% during this winning streak. Kramer believes such moves are rare and potentially problematic. Despite Monday’s drop, the index rose 37% in April. If…
Barbie Ferreira reveals the surprising truth behind her departure from ‘Euphoria’ following rumors of feud with Sam LevinsonIt looks like a set of euphoria It was pure bliss. season 3 actress jessica blair herman recently denied rumors of tension between the cast of the series, emphasizing that all the actors got along well. “They really did,” Jessica said. good day new york host Rosanna Scott above April 27th episode. “And I’m not just saying that.” The 39-year-old plays the judge’s neighbor. sidney sweeney and Jacob Elordicharacter — continued to deny that there was a rift between Sydney and her co-stars.…
Nvidia’s stock soared Monday to its highest since October of last year, but the semiconductor giant’s results this year have lagged those of its peers. Still, some think the stock is poised to catch up significantly, with one analyst noting that Nvidia could soon shift its focus to shareholder returns through share buybacks and dividends. The Philadelphia Semiconductor Index rose more than 36% in April and is trading nearly 50% above its 200-day moving average. This is “a distance not seen since the peak of the dot-com bubble,” Goldman Sachs traders observed over the weekend. Nvidia has risen over the…
Verity is based on Colleen Huber’s best-selling novel of the same name.In the 2018 romantic thriller, struggling writer Rowen Ashley is hired by Jeremy Crawford to complete a popular series written by Verity Crawford, the famous author’s wife, after Verity Crawford, the famous author’s wife, is unable to complete the project due to an accident.Rowen moves in with the Crawfords and begins digging through a pile of notes about Verity’s book. But in the process, she discovers Verity’s unfinished autobiography, which contains a shocking confession. Rowen initially decides not to reveal the manuscript to Jeremy, but changes her mind when…
Wall Street is touting one of our long-held views: AI is a tailwind, not a headwind, for CrowdStrike and cybersecurity stocks. CrowdStrike stock rose 1.6% on Monday following bullish calls from analysts. While Mizuho rates the stock from neutral to outperform, it raised its price target from $490 to $520, saying recent channel checks showed “very healthy demand” across its platforms and that CrowdStrike has “arguably the strongest product set” in AI security. Separately, JPMorgan highlighted CrowdStrike and Palo Alto Networks as “clear beneficiaries” of the accelerating threat landscape tied to underlying models and agent AI. The company said platform…
A combined image shows OpenAI CEO Sam Altman during the Asia Pacific Economic Cooperation (APEC) CEO Summit in San Francisco on November 16, 2023, and SpaceX and Tesla CEO Elon Musk during the Viva Technology conference at Porte de Versailles Exhibition Center in Paris on June 16, 2023.Carlos Barria | Gonzalo Fuentes | ReutersNine jurors were seated Monday in a federal courthouse in Oakland, California, in the high-stakes legal battle between longtime friends-turned-rivals Elon Musk and Sam Altman.Judge Yvonne Gonzalez Rogers is overseeing the case between the world’s richest man and the CEO of OpenAI. Initial arguments are scheduled to…