Q2 Was Absolutely Bonkers for Stocks—Here’s What Actually Happened
Remember when everyone was freaking out about the Iran war in March? Yeah, well, the market decided to just... price in a resolution on March 31st and never looked back. It was like the financial equivalent of flipping a switch. That day marked the bottom, and what followed was one of the most ridiculous quarters for stocks in recent memory. Here's the receipts. The Big Indexes Went Full Send The S&P 500 and Nasdaq 100 just had their best quarter since 2020, ...
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Fed’s Hammack Warns AI Boom Could Reignite Inflation — And Force Rate Hikes
A top Federal Reserve official is sounding an alarm that Wall Street has largely shrugged off: the AI infrastructure boom may not just be a growth story — it could become an inflation problem that forces the Fed to hike rates. Cleveland Fed President Beth Hammack said Tuesday that insatiable demand for AI-related hardware and data center components is putting upward pressure on prices. If that pressure persists, she said, the central bank may need to raise benchmark interest rates ...
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SpaceX Joins the Nasdaq-100 on July 7 — Here’s What It Means for QQQ Investors
SpaceX is joining the Nasdaq-100 in one of the fastest index inclusions on record, triggering a wave of mandatory buying from the more than $800 billion in assets that track the benchmark index. Nasdaq announced the addition after the market close Friday, with index-tracking funds set to purchase shares after July 6's market close, and SpaceX officially entering the index when trading opens on July 7. The move comes less than a month after the company's blockbuster public debut on ...
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Magnificent 7 Loses $2.3 Trillion in June as AI Spending Scrutiny Mounts
The Magnificent 7 — the seven mega-cap tech stocks that powered the bull market — are heading into the second half of 2026 with a bruising month behind them. Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla, and Amazon have collectively shed approximately $2.3 trillion in market value during June alone, with the CNBC Magnificent 7 Index down roughly 10% for the month. The trigger is a growing investor debate over whether the staggering AI infrastructure spend these companies are undertaking will ...
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Fed’s Hammack Warns AI Boom Could Reignite Inflation — And Force Rate Hikes
A top Federal Reserve official is sounding an alarm that Wall Street has largely shrugged off: the AI infrastructure boom may not just be a growth story — it could become an inflation problem that forces the Fed to hike rates. Cleveland Fed President Beth Hammack said Tuesday that "insatiable" demand for AI-related hardware and data center components is putting upward pressure on prices. If that pressure persists, she said, the central bank may need to raise benchmark interest rates ...
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SpaceX Joins the Nasdaq-100 on July 7 — Here’s What It Means for QQQ Investors
SpaceX is joining the Nasdaq-100 in one of the fastest index inclusions on record, and it's triggering a wave of mandatory buying from the more than $800 billion in assets that track the benchmark index. Nasdaq announced the addition after the market close Friday, with index-tracking funds set to purchase shares after July 6's market close, and SpaceX officially entering the index when trading opens on July 7. The move comes less than a month after the company's blockbuster public ...
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Magnificent 7 Loses $2.3 Trillion in June as AI Spending Scrutiny Mounts
The Magnificent 7 — the seven mega-cap tech stocks that powered the bull market — are heading into the second half of 2026 with a bruising month behind them. Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla, and Amazon have collectively shed approximately $2.3 trillion in market value during June alone, with the CNBC Magnificent 7 Index down roughly 10% for the month. The trigger is a growing investor debate over whether the staggering AI infrastructure spend these companies are undertaking will ...
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When the Rocket Hype Crashes Back to Earth: Why SpaceX’s IPO Taught Us a Lesson About Following the Money
Remember when SpaceX went public and everyone lost their minds? The stock priced at $150, rocketed to $200 in two days, then came crashing back down like a failed Starship test. Classic. Here's the thing: a great company doesn't always make a great stock, especially at IPO. SpaceX is genuinely impressive—Starlink changed how we think about internet access. But when a hot private company finally hits the public market, the early investors have already had their feast. Wall Street bankers have ...
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