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Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First
24/7 Wall St.44d agobearish
Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First

Fundstrat’s Tom Lee laid out a roadmap for where he saw the market going for the rest of the year on a CNBC Squawk Box interview on July 6, 2026, arguing the S&P 500 can grind to 8,000 by year-end, with upside to 8,400 to 8,800, but that would likely come only after surviving a ... Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First

JPMorgan Cuts Wix.com (WIX) Target to $62 in a Sector-Wide Recalibration
Insider Monkey44d agobearish
JPMorgan Cuts Wix.com (WIX) Target to $62 in a Sector-Wide Recalibration

Wix.com Ltd. (NASDAQ:WIX) is one of the best stocks to invest in according to Two Sigma Advisors with huge upside potential. On June 18, JPMorgan analyst Alexei Gogolev lowered his price target on Wix.com Ltd. (NASDAQ:WIX) to $62 from $86, and left the Underweight rating on the shares unchanged. The target cut was part of […]

EWZ Could Be 2026’s Sleeper Trade, If Brazil’s Rate Cuts Don’t Get Derailed
24/7 Wall St.44d agobearish
EWZ Could Be 2026’s Sleeper Trade, If Brazil’s Rate Cuts Don’t Get Derailed

The setup for iShares MSCI Brazil ETF (NYSEARCA:EWZ) in 2026 only looks obvious in hindsight. Brazil’s central bank spent much of last year holding the Selic at 15%, one of the highest real rates in the world, and has now started cutting with a cautious 25-basis-point move. EWZ is up roughly 11% year to date ... EWZ Could Be 2026’s Sleeper Trade, If Brazil’s Rate Cuts Don’t Get Derailed

Microsoft overhauls Xbox amid broader cuts
Axios44d agobearish
Microsoft overhauls Xbox amid broader cuts

Microsoft is cutting 3,200 Xbox gaming unit jobs, selling four game studios and reshaping the struggling business as part of a broader restructuring announced Monday.

Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back
24/7 Wall St.44d agobearish
Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back

Shares of space stocks are selling off across the board midday Monday, with the group’s leaders giving back a chunk of last week’s sharp gains. Rocket Lab (NASDAQ:RKLB) stock is leading the pullback, down 7% to $93.28. AST SpaceMobile (NASDAQ:ASTS) shares are down 5% to $80.61, while SpaceX (NASDAQ:SPCX) stock is off 3% to $157.43. ... Rocket Lab Falls 7%, AST SpaceMobile Drops 5%, Intuitive Machines and SpaceX Slip 3% as Space Stocks Pull Back

Honeywell (HON) Stock Looks Fairly Valued After Its 46% Fall
Simply Wall St.44d agobearish
Honeywell (HON) Stock Looks Fairly Valued After Its 46% Fall

Honeywell International stock has fallen sharply over the past month, yet the market-multiple checks still screen it as undervalued, while the broader valuation score suggests the shares are not an obvious bargain. Over the past month, Honeywell International is down 46.3%, which puts the recent sell off at the center of any valuation discussion. The push into AI enabled industrial software, highlighted by launches like Experion Cognition and research with MIT on digital energy efficiency,...

Zuckerberg’s Insane AI Spending Could Become a Windfall, If Meta Copies SpaceX’s Playbook
24/7 Wall St.44d agobearish
Zuckerberg’s Insane AI Spending Could Become a Windfall, If Meta Copies SpaceX’s Playbook

Meta Platforms (NASDAQ:META) has spent the year getting punished for the exact strategy that may end up minting money. Meta runs the largest advertising machine outside of Google, powered by Facebook, Instagram, WhatsApp, Threads, and Messenger, and has quietly become one of the most aggressive infrastructure builders on the planet. Full-year 2025 capex hit $69.7 ... Zuckerberg’s Insane AI Spending Could Become a Windfall, If Meta Copies SpaceX’s Playbook

T-Mobile stands to benefit as rival files Chapter 11 bankruptcy
TheStreet44d agobearish
T-Mobile stands to benefit as rival files Chapter 11 bankruptcy

Building a nationwide wireless network takes billions of dollars and years of patient investment. That reality has meant that the U.S. wireless market has been dominated by three players for more than a decade, no matter how many challengers have tried to break in. Dish Network was the latest ...

Wall Street Still Loves Applied Digital (APLD) Stock Despite The Selloff, Here’s Why
Insider Monkey44d agobearish
Wall Street Still Loves Applied Digital (APLD) Stock Despite The Selloff, Here’s Why

Applied Digital Corp (NASDAQ:APLD) is one of the 7 Underperforming Data Center Stocks to Buy According to Short Sellers. Over the last month, Applied Digital Corp (NASDAQ:APLD) lost approximately 31% of its value. Despite a short rebound in mid-June, it remained under pressure and resumed its downward trend. Even with the recent decline, analysts remain […]

Short Sellers and Underperformance Have Generated An Opportunity In Super Micro Computer (SMCI) Stock
Insider Monkey44d agobearish
Short Sellers and Underperformance Have Generated An Opportunity In Super Micro Computer (SMCI) Stock

Super Micro Computer Inc. (NASDAQ:SMCI) is one of the 7 Underperforming Data Center Stocks to Buy According to Short Sellers. On June 24, Super Micro Computer Inc. (NASDAQ:SMCI) announced two strategic partnerships to strengthen its position in the virtualization, edge computing, and AI infrastructure markets. The company partnered with StorMagic to provide bundled edge infrastructure […]

Investing.com44d agobearish
Nvidia underperforms peers as report sparks rack delay worries

Investing.com -- NVIDIA Corporation (NASDAQ:NVDA) shares ticked up just 0.8% on Monday, starkly trailing a 3.2% surge in the Philadelphia Semiconductor Index and lagging rivals Advanced Micro Devices Inc (NASDAQ:AMD), which gained 7.7%, and Broadcom Inc (NASDAQ:AVGO), which jumped 4.4%. The underperformance came as a broad rally for chipmakers collided with a boutique research report alleging significant delays in the AI giant’s next-generation server architectures. Supply chain research firm Se