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Is Today’s Tech Rally the Beginning of a Powerful Stock Market “Summer Melt-Up” That Will See Stocks Soar?
24/7 Wall St.72d agobullish
Is Today’s Tech Rally the Beginning of a Powerful Stock Market “Summer Melt-Up” That Will See Stocks Soar?

Friday’s session broke a nine-week winning streak in the NASDAQ 100, with the index plunging hard enough to make investors wonder whether the AI-led rally in names like NVIDIA (NASDAQ:NVDA) and Microsoft (NASDAQ:MSFT) had finally rolled over. Today, the bid is back. The NASDAQ 100 is up 2% to 29,589.50 and the Invesco QQQ Trust ... Is Today’s Tech Rally the Beginning of a Powerful Stock Market “Summer Melt-Up” That Will See Stocks Soar?

Microsoft (MSFT) Signals Ambitions to Join the Top Tier of AI Labs
Insider Monkey72d agoneutral
Microsoft (MSFT) Signals Ambitions to Join the Top Tier of AI Labs

Microsoft Corporation (NASDAQ:MSFT) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio. On June 3, 2026, at Microsoft’s annual Build conference, Microsoft Corporation (NASDAQ:MSFT)’s AI chief, Mustafa Suleyman, revealed that the company intends to establish itself as one of the top four artificial intelligence labs globally. Suleyman noted that the sector […]

Is Broadcom (AVGO) the Best Stock in Chase Coleman’s Tiger Global?
Insider Monkey72d agoneutral
Is Broadcom (AVGO) the Best Stock in Chase Coleman’s Tiger Global?

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio. On June 4, 2026, Bank of America raised the price target on Broadcom Inc. (NASDAQ:AVGO) from $450 to $530 while keeping a Buy rating on the company’s stock. The fiscal second-quarter results and third-quarter guidance modestly beat consensus; however, […]

Here is why Alphabet Inc. (GOOGL) Is Among the Best Chase Coleman Stocks to Invest In
Insider Monkey72d agoneutral
Here is why Alphabet Inc. (GOOGL) Is Among the Best Chase Coleman Stocks to Invest In

Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio. On June 4, 2026, IBM (IBM), together with Alphabet Inc. (NASDAQ:GOOGL)’s Google Cloud, launched a new Google Cloud Practice to enhance enterprise AI scaling alongside core system modernization. The new practice integrates IBM Consulting Advantage with Google Cloud’s Gemini […]

If This Wall Street Call is Right, Broadcom Stock Just Became a Historic Buy Opportunity
24/7 Wall St.72d agoneutral
If This Wall Street Call is Right, Broadcom Stock Just Became a Historic Buy Opportunity

Wall Street periodically hands retail investors moments that separate patient capital from the crowd. Broadcom (NASDAQ:AVGO) delivered solid Q2 fiscal 2026 results last week — revenue of $22.2 billion, up 48% year-over-year, with AI semiconductor revenue hitting a record $10.8 billion, up 143%. Yet shares fell sharply afterward, now down roughly 20% from recent highs ... If This Wall Street Call is Right, Broadcom Stock Just Became a Historic Buy Opportunity

As Apple's WWDC conference kicks off, investors want to know if AI will save Siri
Reuters72d agoneutral
As Apple's WWDC conference kicks off, investors want to know if AI will save Siri

Apple on Monday will test its standing in the AI race, with analysts expecting the iPhone maker to open its developer conference with a long-awaited Siri overhaul and tools to ‌tap the computing power of its 2.5 billion devices. Apple has been seeking to close a gap with rivals such as Microsoft ‌and Alphabet's Google, which have moved faster to embed “agentic” AI — software that can carry out complex tasks — into everyday computing. The question is how far Apple is willing to go.

Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth
24/7 Wall St.72d agobearish
Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

Jim Cramer used his June 8, 2026, Squawk on the Street appearance to deliver a direct warning to anyone riding the AI chip rally. His line, after a brutal Friday that saw the Philadelphia semiconductor index post its fourth-worst decline ever: “Unless you have accelerated earnings, your stock is pretty much done. Got to go ... Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

Elon Musk: Coding Was a Top Job for Decades. It Will Be Dead By the End of the Year.
24/7 Wall St.72d agoneutral
Elon Musk: Coding Was a Top Job for Decades. It Will Be Dead By the End of the Year.

Tesla (NASDAQ:TSLA) CEO Elon Musk has made yet another sweeping prediction about the future of work, this time aimed squarely at software engineers. Speaking at a recent conference, the Tesla chief argued that the entire practice of writing code in human-readable programming languages is about to become obsolete. In a clip circulated on X by @Bitcoin_Teddy, ... Elon Musk: Coding Was a Top Job for Decades. It Will Be Dead By the End of the Year.

Bloomberg72d agoneutral
SpaceX IPO Is Said to Be Well Oversubscribed, Orders Close Wednesday

(Bloomberg) -- SpaceX’s initial public offering is well oversubscribed, according to people familiar with the matter, as demand builds for a potentially record-setting debut.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imper

Apple At The Bottom Of The Big Tech Barrel
24/7 Wall St.72d agoneutral
Apple At The Bottom Of The Big Tech Barrel

The Wall Street Journal publishes a widely followed list each year called “The Best Companies For the Future.” Compiled with Bendable Labs, it uses’AI readiness, innovation, talent readiness, financial fitness, resilience, and agility.’ The major megacap tech companies are at the very top. Apple (NASDAQ: AAPL) is down the list, barely above S&P Global, which ... Apple At The Bottom Of The Big Tech Barrel

Jim Cramer Explains the Recent Shift in Alphabet Stock Strategy
Insider Monkey72d agoneutral
Jim Cramer Explains the Recent Shift in Alphabet Stock Strategy

Alphabet Inc. (NASDAQ:GOOGL) was among the stocks Jim Cramer highlighted on Mad Money as he noted that the market has an appetite for stocks. Cramer highlighted the company’s stock repurchases, as he said: Something may be going on with the underwriting process that we haven’t seen very often. We just had a phenomenally successful Alphabet […]

AI is 'not existential' to Apple as it is for rest of Silicon Valley
Yahoo Finance Video72d agoneutralVIDEO
AI is 'not existential' to Apple as it is for rest of Silicon Valley

Apple (AAPL) is kicking off its annual Worldwide Developers Conference on Monday in Cupertino, CA. While investors and iPhone customers will be tuning in this week to hear the newest features for Apple devices, will AI be one of them? Morning Brief Host Julie Hyman and Barron's Investor Circle Newsletter editor Josh Schafer discuss Apple's lack of an "AI problem" as its Big Tech peers rush to adopt the technology.

Investing.com72d agobullish
Buy the dip in this chip stock, Mizuho urges

Investing.com -- Mizuho said investor concerns about one key semiconductor name losing ground to competitors in the custom chip market are overblown and urged clients to buy the recent pullback, citing a massive potential opportunity from Google's accelerating TPU buildout.

Is Alphabet Inc. (GOOGL) A Good Stock To Buy Now?
Insider Monkey72d agobullish
Is Alphabet Inc. (GOOGL) A Good Stock To Buy Now?

Is GOOGL a good stock to buy? We came across a bullish thesis on Alphabet Inc. on r/ValueInvesting by JoLagoni. In this article, we will summarize the bulls’ thesis on GOOGL. Alphabet Inc.’s share was trading at $368.53 as of June 5th. GOOGL’s trailing and forward P/E were 28.11 and 26.11 respectively according to Yahoo Finance. Alphabet […]

Intel Surges 12% as Hitachi Pact, Google-NVIDIA Foundry Buzz Fuel an AI Comeback
24/7 Wall St.72d agobullish
Intel Surges 12% as Hitachi Pact, Google-NVIDIA Foundry Buzz Fuel an AI Comeback

Shares of Intel (NASDAQ:INTC) are up 12% in early Monday trading, climbing to $111. Investors are reacting to a newly announced strategic collaboration with Japan’s Hitachi alongside a wave of reports suggesting that Alphabet‘s (NASDAQ:GOOGL) Google and NVIDIA (NASDAQ:NVDA) could lean on Intel’s foundry as a backup AI chip supplier. The move extends a remarkable ... Intel Surges 12% as Hitachi Pact, Google-NVIDIA Foundry Buzz Fuel an AI Comeback

Australia, Canada, Japan trade bodies fret over being left out in made-in-Europe drive
Reuters72d agoneutral
Australia, Canada, Japan trade bodies fret over being left out in made-in-Europe drive

Europe's push to cut its reliance on U.S. Big Tech with EU-made technologies and chips ‌could shut out other non-EU players from the European market, trade ‌bodies representing tech companies in Australia, Canada and Japan warned on Monday. The warning by the Tech ​Council of Australia, the Canada EU Trade and Investment Association, the Japan Association of New Economy and tech lobbying group CCIA came a week after the European Commission proposed laws to boost homegrown cloud, AI and chip industries and ‌cut dependence on U.S. tech ⁠giants such as Google and Microsoft.