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Michael Burry sends loud signal to stock market investors
TheStreet11d agoneutral
Michael Burry sends loud signal to stock market investors

Wall Street hit a milestone on Aug. 4 that would normally silence the skeptics. The S&P 500 closed at a record high for the first time since June, and the Nasdaq Composite followed. Both were powered by stronger-than-expected corporate earnings and falling oil prices tied to hopes the Strait of ...

Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq
Reuters Videos11d agoneutralVIDEO
Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq

<body><p>STORY: U.S. stocks ended mixed on Wednesday, with the Dow adding about half a percent to notch another record high close, the S&P 500 slipping marginally and the tech-heavy Nasdaq dropping more than eight-tenths of a percent.</p><p>The Nasdaq saw its first decline in five sessions as AMD fell 7% and SpaceX stumbled nearly 14% following the release of its quarterly earnings.</p><p>SpaceX shares could face additional pressure from the expiration of the stock's post-IPO lock-up period starting on Thursday, said Shana Orczyk Sissel, founder and CEO of Banríon Capital Management.</p><p>"There will likely be a lot of folks looking to sell their positions that they've held for a long time, to monetize their investment, which they've had for a while since the company was private. That's going to put pressure on the stock.&nbsp;[FLASH] So I would not be a buyer of SpaceX until we have a better idea of what kind of float's going to be out there after these lockups expire."</p><p>:: Amgen</p><p>Outside of tech, shares of Amgen gained about four-and-a-half percent on a second-quarter sales boost for the drugmaker, helping to lift the blue-chip Dow.</p><p>Rival Eli Lilly jumped about 5% after the company raised its full-year revenue forecast.</p><p>And shares of Disney rose roughly three-and-a-half percent after the entertainment giant beat quarterly profit expectations.</p></body>

Joby Stock Falls Despite a Sales Beat
Barrons.com11d agobullish
Joby Stock Falls Despite a Sales Beat

Joby Aviation topped second-quarter sales estimates and raised its 2026 revenue outlook, but investors remain focused on certification and the launch of its electric air-taxi service.

Ferguson Enterprises (FERG) Is Up 10.1% After Joining The S&P 500 Index - What's Changed
Simply Wall St.11d agoneutral
Ferguson Enterprises (FERG) Is Up 10.1% After Joining The S&P 500 Index - What's Changed

Ferguson Enterprises Inc. (NYSE: FERG) was added to the S&P 500 and related sector, style, and equal-weight indices in early August 2026, while being removed from several Russell small-cap growth and value benchmarks. This shift moves Ferguson more firmly into the large-cap universe, potentially increasing its visibility with institutions that track or benchmark against S&P indices. Next, we’ll examine how Ferguson’s move into the S&P 500, alongside its existing growth initiatives, could...