Investors came into July expecting a familiar stock market setup leaning on resilient earnings and AI spending, along with a seasonal stretch favoring equities. Though Morgan Stanley doesn’t feel that setup has gone away, it warns of a much narrower margin for error. There’s a major $1.2 trillion question hanging over Big Tech’s AI buildout.
June was a brutal month for the Magnificent Seven. The group shed roughly $2.3 trillion in market value and is down more than 13% since mid-May. While memory chip makers and networking vendors supplying the AI buildout have outperformed, the hyperscalers writing the checks have taken the hit. Jim Cramer owns six of the seven
Advanced Micro Devices (AMD) bulls were expecting Wall Street to continue rewarding the stock following a momentous run spearheaded by AI demand, data-center expansion, and renewed confidence in the chipmaker’s roadmap. For perspective, according to Seeking Alpha, AMD has dramatically outperformed the broader market, surging 5.6% over the past week, 15% over the past month,
Short sellers usually do not receive much sympathy when stocks are climbing. And when the surge is linked to artificial intelligence, record highs, and a White House keen to take credit for investor gains, they make even easier targets. Which is what made U.S. President Donald Trump’s latest sally against gloomy investors more than just
Verizon has spent years arguing that its network quality is the one thing competitors cannot replicate. On July 9, it found another place to prove that point. BMW is giving it the keys, figuratively, to the connectivity layer running inside every new BMW, MINI, and BMW Group vehicle sold in the United States. The deal
Walmart and Sam’s Club revealed on July 6 that they are lowering their prices across the country to help shoppers save money on common products this summer. Walmart is cutting prices on thousands of products, including groceries, household essentials, toys, and clothes. At the same time, Sam’s Club is dropping prices on more than 250
JetBlue Airways was initially established out of New York’s JFK with the goal of expanding connectivity on the East Coast. The airline has, however, significantly reduced its presence out of airports such as Newark and LaGuardia over the last few months. Along with cuts to its seasonal routes between EWR and Los Angeles and Las
The risk that ends a rally is rarely the one on the front page. Investors fixate on the loud threat, the one with missiles and emergency meetings, while a quieter one compounds in the background. By the time the quiet one shows up in a brokerage statement, the front page has usually moved on. Right
Talk around Rocket Lab this summer keeps circling back to one idea: that the company is becoming the next SpaceX. It is an easy comparison to make and a hard one to justify. SpaceX is now a nearly $2 trillion public company after its record-breaking initial public offering in June, while Rocket Lab is worth
A single weak jobs report moved more money on Wall Street on Monday than any independent company’s earnings ever could. That is what played out on Monday, July 6, 2026, and Jim Cramer thinks it handed patient investors a rare opening. The CNBC host argues that big investment funds sold off shares in several strong