After its 35% Run Is Meta Still a Buy?
Taking a close look at the Big Tech giant amid massive AI spending and a stock price surge.
Taking a close look at the Big Tech giant amid massive AI spending and a stock price surge.
A sixth day of gains for semiconductors drives the Nasdaq-100 to its first record since June while a fifth day of losses for crude boosted small caps
Tech’s continued rebound along with falling oil prices and Treasury yields drove a powerful rally to start the week.
August’s Chicago Fed National Activity Index matched expectations, with the three-month average — the report’s key signal — signaling slightly above trend growth.
Pending home sales rose slightly in August but are down nearly 5% from a year ago and remain just above record lows.
Continued gains in AI beneficiaries lead a broader rally Monday morning.
“The Fed is behind us, growth has been upgraded, and positioning and sentiment have reset as investors have reembraced the Tech trade.”
Tech stocks did the heavy lifting as rising yields and the first factory-output drop of the year keep the rest of the market on its heels
Manufacturing production slipped 0.3% in August — its first drop of the year and biggest since October 2025.
U.S equities are mixed Friday morning with Tech names providing some boost while other names lagged as bond yields rebounded.