The Nasdaq surged over 19% from its March 2026 lows as big tech stocks emerged as a new safe haven during geopolitical stress, outperforming traditional defensive assets like the U.S. dollar, Treasuries, gold, and the Japanese yen. This shift was driven by strong economic data, compressed tech valuations, and the failure of conventional safe havens to attract capital. CME Group plans to launch Single Stock futures this summer, offering investors a new tool to hedge tech positions efficiently without options decay or forced stock sales, potentially transforming tech trading strategies.
Billionaire investor David Tepper significantly reduced Appaloosa's holdings in Microsoft, signaling a shift in his portfolio strategy. He redirected funds to initiate a new position in an artificial intelligence (AI) memory company that has surged o...
Tesla CEO Elon Musk predicts that by the end of 2024, traditional human-readable coding will become obsolete as AI will directly create machine code. This shift could accelerate Tesla's autonomy and AI projects, including Optimus robots and AI proces...
Major AI and tech companies like Amazon, Microsoft, Google, and Meta plan to spend $725 billion on capital expenditures in 2026, requiring significant debt and equity raises. Additionally, upcoming large AI IPOs such as SpaceX and Anthropic will seek...
OpenAI is under significant pressure as Microsoft, its major backer, reduces reliance on OpenAI's models by developing its own AI systems and cutting internal licenses. This shift comes amid doubts about the return on investment in enterprise AI, hig...
ProShares UltraPro QQQ (TQQQ), a 3x leveraged ETF tracking the Nasdaq-100, fell 14.28% in one day following a 4.8% drop in the underlying QQQ. The selloff was triggered by Broadcom's weak AI semiconductor revenue guidance and a strong May jobs report...
