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This 2x Super Micro ETF Just Soared 175% in One Month. The YTD Number Is Wilder.
24/7 Wall St.74d agobullish
This 2x Super Micro ETF Just Soared 175% in One Month. The YTD Number Is Wilder.

If you put $10,000 into the Defiance Daily Target 2X Long SMCX ETF (NASDAQ:SMCX) on the morning of May 8, 2026, you were sitting on about $14,100 a month later. That is a 41% one-month run, not the triple-digit headline number floating around screenshots on social media, and the gap between those two figures is ... This 2x Super Micro ETF Just Soared 175% in One Month. The YTD Number Is Wilder.

Producer Price Inflation Hits 6.5%, But the Fed May Still Pause Rate Hikes — Here’s Why
24/7 Wall St.74d agoneutral
Producer Price Inflation Hits 6.5%, But the Fed May Still Pause Rate Hikes — Here’s Why

The inflation story just got another plot twist. Fresh data from the U.S. Bureau of Labor Statistics showed May producer price inflation (PPI) jumped 6.5% year over year, higher than expectations of 6.4% and marking the highest reading since November 2022. On the surface, that sounds like a flashing red warning sign for the Federal ... Producer Price Inflation Hits 6.5%, But the Fed May Still Pause Rate Hikes — Here’s Why

Wall Street Just Put a Monster Target on Micron. Is the Stock Still Too Cheap?
24/7 Wall St.74d agoneutral
Wall Street Just Put a Monster Target on Micron. Is the Stock Still Too Cheap?

Susquehanna analyst Mehdi Hosseini recently slapped a $1,750 price target on Micron (NASDAQ:MU). The stock is trading at below $900, which means the call implies the shares would have to roughly double from here. The number is conspicuous enough that we should treat it as a high-end outlier rather than a Street base case. The 3-month ... Wall Street Just Put a Monster Target on Micron. Is the Stock Still Too Cheap?

Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO
24/7 Wall St.74d agoneutral
Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO

The market is already treating tomorrow’s SpaceX IPO as one of the most important public offerings in decades. Investors are focused on valuation, demand, and whether the company can justify the excitement surrounding a business that spans launch services, Starlink internet, artificial intelligence, robotics, and advanced manufacturing. Yet the bigger story may be what happens ... Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO

SpaceX IPOs on Friday. The 55% rule says don’t chase it.
24/7 Wall St.74d agoneutral
SpaceX IPOs on Friday. The 55% rule says don’t chase it.

For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026. Retail investors have piled into the Destiny Tech100 vehicle, prediction markets have lit up, and r/wallstreetbets has turned a single post titled “$8 to ... SpaceX IPOs on Friday. The 55% rule says don’t chase it.

With Consumer Sentiment Near a Record Low, Investors Should Watch This in the Upcoming Reading
24/7 Wall St.74d agoneutral
With Consumer Sentiment Near a Record Low, Investors Should Watch This in the Upcoming Reading

The University of Michigan’s Index of Consumer Sentiment came in at 44.8 in its final May 2026 reading, the lowest print in the survey’s modern history and a touch below the June 2022 trough. The headline number fell 10.0% from April and 14.2% from a year earlier, the third consecutive monthly decline. Survey director Joanne ... With Consumer Sentiment Near a Record Low, Investors Should Watch This in the Upcoming Reading

Here Are Thursday’s Best Wall Street Analyst Research Calls: Callaway Golf, Chewy, CME Group, Danaher, General Dynamics, Intel, SpaceX, Rocket Lab, Toast, and More
24/7 Wall St.74d agoneutral
Here Are Thursday’s Best Wall Street Analyst Research Calls: Callaway Golf, Chewy, CME Group, Danaher, General Dynamics, Intel, SpaceX, Rocket Lab, Toast, and More

Pre-Market Stock Futures: Futures are trading higher after a dreadful day on Wall Street, when all the major indices traded lower, and we saw the same pattern that has developed over the last week. The “Buy the Dip” traders come in, briefly get an uptick, and a move higher, and the sellers swarm in to ... Here Are Thursday’s Best Wall Street Analyst Research Calls: Callaway Golf, Chewy, CME Group, Danaher, General Dynamics, Intel, SpaceX, Rocket Lab, Toast, and More

Jim Cramer found a real AI storage play, then told you not to buy it
24/7 Wall St.74d agobullish
Jim Cramer found a real AI storage play, then told you not to buy it

Jim Cramer used a recent Mad Money segment to dissect a small-cap cloud storage name that most generalist investors have never opened a tab for. His takeaway on Backblaze (NASDAQ:BLZE): a real business with a real AI angle, just not the right moment to step in. I have been watching the cloud infrastructure space for ... Jim Cramer found a real AI storage play, then told you not to buy it

Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by 2030
24/7 Wall St.74d agoneutral
Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by 2030

Although Wall Street has rewarded every hyperscaler willing to pledge more silicon, more concrete, and more megawatts over the past 24 months, the math behind the AI data center boom is finally drawing scrutiny. Combined 2026 capital expenditure guidance from Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) now sums to roughly $800 ... Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by

How XDTE Pays Friday Income on the S&P 500 With a 0DTE Covered Call Strategy
24/7 Wall St.74d agoneutral
How XDTE Pays Friday Income on the S&P 500 With a 0DTE Covered Call Strategy

Traditionally, investors seeking maximum income have sold at-the-money covered calls. The problem is that this caps much of the portfolio’s upside potential. Another approach has emerged in recent years. Instead of selling monthly options, investors can sell options every trading day that expire the same day. These are known as zero-days-to-expiration, or 0DTE, options. If ... How XDTE Pays Friday Income on the S&P 500 With a 0DTE Covered Call Strategy