In 2026, the Nasdaq Composite Index reached record highs, driven by a 46% year-over-year earnings growth in Q1, primarily fueled by AI hyperscalers but also expanding beyond big tech companies. Despite concerns over valuations, macroeconomic challenges, and geopolitical tensions, Nasdaq's earnings growth remains a key factor in its long-term outperformance compared to the S&P 500. Steven Cress, Head of Quantitative Strategies at Seeking Alpha, highlights five Nasdaq stocks with an average forward EPS growth of 272%, spanning AI infrastructure, biotech, and fintech sectors, signaling strong investment opportunities ahead.
The technology sector has moved from a pullback to an official correction, as the SPDR tech-sector ETF dropped significantly. This shift indicates a more sustained downturn than the previous five-month correction that ended less than two months ago. ...
Gold and silver prices fell significantly following the May inflation report and escalating US-Iran tensions. Spot gold dropped 4.26% to around $4,078 an ounce, and silver fell 2.66% to about $63.60. Inflation data showed a 0.5% rise in consumer pric...
In 2026, the iShares Semiconductor ETF (SOXX) has outperformed the VanEck Semiconductor ETF (SMH) by capturing a broader range of semiconductor stocks, especially equipment makers, resulting in an 86.78% gain versus SMH's 64.11%. SOXX's index favors ...
Last week, the Utilities Select Sector SPDR ETF (XLU), Consumer Staples Select Sector SPDR ETF (XLP), and Real Estate Select Sector SPDR ETF (XLRE) all recorded gains while the tech sector and Nasdaq-100 declined sharply. XLRE led with a 3.4% gain, d...
The S&P 500 index has increased by nearly 7% so far this year, with chip stocks like Micron, Intel, AMD, and SK Hynix more than doubling since January. This rapid rise in tech stocks highlights strong market enthusiasm but also raises concerns about ...
