US Stocks Pull Back From Record Highs as Oil Prices Climb, Retail Earnings Loom
The S&P 500 slipped 0.4% and the Dow fell 284 points as oil prices rose, with major retailer earnings this week set to signal how consumers handle inflation.
Power Semiconductor Stocks Surge as Wolfspeed, ON Semi, STMicro Ride Vera Rubin Ramp
Wolfspeed jumped 6% and ON Semiconductor rose 3% after a Mizuho note flagged a faster NVIDIA Vera Rubin ramp anchored by xAI and Meta starting Q4 2026.
Dollar Wobbles Near Multi-Month Lows as Fed Bets Fade, Iran Risk Builds
The US dollar hovers near multi-month lows as traders scale back Fed rate hike bets while Middle East tensions push oil higher and rattle Asian currency markets.
Pentagon Awards $22.9B Tomahawk Contract After Iran Conflict Drain
RTX’s Raytheon lands a $22.9 billion Pentagon deal to triple Tomahawk missile output after US forces burned through over 1,000 units fighting Iran. Here’s what it means for defense stocks and your portfolio.
Wall Street Set for Flat Open as Anthropic’s Revenue Rockets 14-Fold
US futures point to a choppy open after Friday’s pullback, while Bloomberg reports Anthropic’s Q2 revenue jumped to $11.5 billion from $787 million a year earlier.
Sensex, Nifty Slide for Fifth Day as Crude Oil Nears $90
Sensex dropped over 300 points and Nifty slipped below 24,300 as oil prices climbed near $90 a barrel, dragging IT and PSU stocks lower amid West Asia tensions.
AI Investment Debate Shifts From Spending to Picking Winners
After strong Microsoft and Amazon earnings, investors are pivoting from questioning AI spending to identifying which chipmakers and hyperscalers will capture long-term profits.
Wall Street Eyes ‘Compute Bonds’ Backed by NVIDIA AI Chips
Jim Cramer highlights a proposed new asset class: securitized ‘compute bonds’ backed by data center hardware, echoing auto-loan and mortgage-backed securities.
Why the 10-Year Treasury’s 5% Level Could Break Markets’ Trading Range
Treasury yields have climbed across the curve in 2026, with the 2-year up 70 basis points, as stretched equity valuations raise the odds of an earnings disappointment.
Fed’s Silence Under Warsh Called ‘Serious Mistake’ as Bond Yields Climb
Moody’s Analytics economist Mark Zandi warns the Fed’s lack of forward guidance under Chair Kevin Warsh is driving up long-term rates and market volatility.