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Stocks & Wall Street

Stock market news, earnings reports, IPOs, index movements, analyst calls, and what drives daily market action.

Latest in Stocks & Wall Street

Stocks & Wall Street

Kevin Warsh’s first FOMC meeting opens June 16 — and Wall Street is pricing in under a 3% chance of any rate cut for the rest of 2026

Kevin Warsh has been Federal Reserve chairman for less than a month, and the bond market has already rendered its verdict on what he will...

Stocks & Wall Street

The S&P 500 closed at a fresh record 7,519 the first day back from Memorial Day — Wall Street brushed off Iran’s retaliation threats and a dip in consumer confidence

Stocks shrugged off airstrikes in Iran and a dip in consumer confidence on Tuesday, May 27, 2026, sending the S&P 500 to a fresh all-time...

Stocks & Wall Street

Nvidia is now a bigger slice of your index fund than the entire energy sector — just five tech stocks drove nearly half the S&P 500’s gains this year

Open your 401(k) statement and look at the largest holding in your S&P 500 index fund. Odds are it is not a bank, not a...

Stocks & Wall Street

Americans are now parked on a record $7 trillion in money-market funds — earning about 4% while the stock market keeps setting records without them

Americans are now parked on a record $7 trillion in money-market funds, earning about 4% while the stock market keeps setting records without them. Somewhere...

Stocks & Wall Street

Just five tech stocks have driven more than half the S&P 500’s gains this year — so your index fund is now a bet on a handful of companies

As of early June 2026, the S&P 500 has returned roughly 11% year to date. But strip away just five names and the picture changes...

Stocks & Wall Street

Goldman Sachs models $80 billion in Nvidia revenue Wednesday — $2 billion above consensus, and the data center number alone tops New Zealand’s entire GDP

Nvidia is expected to report fiscal first-quarter revenue of roughly $80 billion when it releases results on Wednesday, according to Goldman Sachs, a figure that...

Stocks & Wall Street

SpaceX is filing its IPO paperwork this week at a $1.75 trillion valuation — 10x the largest IPO ever, and every S&P 500 fund will own it soon

SpaceX has filed confidential paperwork with the Securities and Exchange Commission to go public at a valuation that would shatter every record in IPO history....

Stocks & Wall Street

Wall Street expects $78 billion in Nvidia revenue Tuesday — at 7% of the S&P 500, the chipmaker now moves every 401(k) and IRA holding an index fund

Nvidia will report first-quarter earnings after the closing bell on Tuesday, and the number that flashes across trading screens will land, within seconds, inside the...

Stocks & Wall Street

Friday wiped out stocks, bonds, gold, silver, and Bitcoin in the same session — the kind of synchronized everything-down day that hasn’t happened since 2022

By the time trading ended on a Friday in late May 2026, there was nowhere left to look for green. The S&P 500 dropped more...

Stocks & Wall Street

SpaceX is expected to file its S-1 between May 18 and May 22 — the roadshow starts June 8 for what could be a $2 trillion IPO, the largest in history

Somewhere between May 18 and May 22, SpaceX’s S-1 registration statement is expected to appear on the SEC’s public database, pulling back the curtain on...

Stocks & Wall Street

The Dow fell 537 points one day after hitting a record — bond yields drove the selloff because the 30-year Treasury crossed 5% for the first time in 18 years

The celebration lasted exactly one trading session. On May 14, 2026, the Dow Jones Industrial Average closed above 50,000 for the first time, finishing at...

Stocks & Wall Street

Cerebras dropped 10% on Day 2 after surging 68% on its IPO — the stock is still 51% above its $185 offering price

Cerebras Systems gave back a chunk of its blockbuster debut on its second day as a public company. Shares of the AI chipmaker fell roughly...

Stocks & Wall Street

The S&P 500 closed above 7,500 for the first time — Cisco’s 19% surge and Cerebras’s $5.5 billion IPO led the charge

The S&P 500 closed at 7,501.24 on Thursday, settling above 7,500 for the first time in the index’s history. The Associated Press confirmed the record,...

Stocks & Wall Street

Cerebras raised $5.5 billion in the biggest tech IPO since Uber — then the stock nearly doubled on Day 1 to a $95 billion valuation

When Cerebras Systems priced 30 million shares at $185 each on Wednesday evening, the AI chip startup had already secured its place in Wall Street...

Stocks & Wall Street

SpaceX is expected to file its public prospectus this week — at $2 trillion, it would be the largest IPO in history by a factor of 10

SpaceX is expected to make its S-1 registration statement public as early as this week, according to people familiar with the timeline and consistent with...

Stocks & Wall Street

The S&P 500 closed at a record 7,413 today — its seventh straight week of gains — while oil climbed back above $104 on the Iran deal collapse

The S&P 500 closed at a record 7,413 today, its seventh straight week of gains, while oil climbed back above $104 on the Iran deal...

Stocks & Wall Street

Nvidia pumped $40 billion into AI startups this year — $30 billion to OpenAI alone — and critics call it a circular deal where Nvidia funds its own chip customers

When Nvidia wired $30 billion to OpenAI earlier this year, it did not just write the largest check in its 33-year history. It tied its...

Stocks & Wall Street

The “Big Short” investor just bet $1.1 billion that AI stocks will crash — and he says Big Tech is hiding $176 billion in depreciation to inflate profits

Michael Burry does not make small bets. The Scion Asset Management founder, who turned a contrarian mortgage short into one of the most profitable trades...

Stocks & Wall Street

The S&P 500 crossed 7,400 for the first time and posted six straight winning weeks — traders on Kalshi give 59% odds it hits 8,000 this year

The S&P 500 touched 7,400 during trading on Friday, May 8, 2026, a level the index had never reached before. It pulled back slightly into...

Stocks & Wall Street

Uber’s stock surged 8% after trips grew 20% to 3.6 billion and gross bookings hit $53.7 billion — then the CEO called robotaxis a “$1 trillion opportunity”

Uber Technologies delivered first-quarter 2026 results on May 6 that beat Wall Street expectations across nearly every metric, and then CEO Dara Khosrowshahi went further:...

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