Finance

477 articles

Chip Stocks Rebound, Driving Major Indexes Higher — But the Market's Dependence on a Few Names Is the Real Story

Semiconductor stocks rebounded in late July 2026, driving major U.S. indexes higher despite geopolitical tensions. The rally follows a volatile stretch for chip stocks, whose outsized weighting means a handful of AI-focused companies now move the entire market. With earnings season underway and Wall Street banks split on the sector's outlook, the coming weeks will test whether the rebound holds.

Marcus Sterling·6 min read·28m ago·14 sources

Chip Stocks Rebound, Driving Major Indexes Higher — But the Market's Dependence on a Few Names Is the Real Story

Chip Stocks Bounced Back From Bear Territory — But the Story Beneath the Rebound Is More Complicated

The Philadelphia Semiconductor Index rebounded 5% on July 21, 2026, after entering bear market territory. The sell-off followed a period of strong demand forecasts and continued capital investment, raising questions about whether the decline reflects fundamentals or investor positioning.

Marcus Sterling·6 min read·53m ago·11 sources

Chip Stocks Bounced Back From Bear Territory — But the Story Beneath the Rebound Is More Complicated

The Section 122 Tariff Surcharge Expires July 24 — Here's What Happens Next

The Section 122 temporary import surcharge expires automatically on July 24, 2026, after a 150-day statutory window. The expiration closes a chapter of tariff escalation, court rulings, and executive pivots — but the broader tariff regime remains elevated through other legal mechanisms.

Marcus Sterling·7 min read·3h ago·15 sources

The Section 122 Tariff Surcharge Expires July 24 — Here's What Happens Next

Kalshi Asks CFTC to Approve Perpetual Futures on Gold, Silver, and Platinum

Kalshi has asked the CFTC to approve never-expiring futures contracts on gold, silver, and platinum. The regulator has 45 days to decide, with the outcome carrying implications for both regulated derivatives and crypto-style trading structures.

Marcus Sterling·5 min read·3h ago·3 sources

Kalshi Asks CFTC to Approve Perpetual Futures on Gold, Silver, and Platinum

SpaceX's First Month as a Public Company: From $2 Trillion Debut to a Dip Below Its IPO Price

SpaceX went public on June 12, 2026 at $135 per share, surged to a $2 trillion market cap, peaked at $225.64 intraday, then fell back below its IPO price within a month amid profit-taking and a broader tech sell-off.

Marcus Sterling·6 min read·4h ago·17 sources

SpaceX's First Month as a Public Company: From $2 Trillion Debut to a Dip Below Its IPO Price

Software Sector ETF Down 12%: What the Numbers Say About Tech's Rough 2026

The iShares Expanded Tech-Software Sector ETF (IGV) fell 12% through mid-July 2026 as software stocks underperformed the broader market by 24 percentage points. Distressed software leveraged loans quadrupled to a record $40.5 billion, signaling stress spreading from equities into credit. The sector's elevated valuations and near-zero yields leave returns entirely dependent on stock price movement.

Marcus Sterling·6 min read·5h ago·12 sources

Software Sector ETF Down 12%: What the Numbers Say About Tech's Rough 2026

S&P 500 Earnings Estimates Have Soared to 26% for 2026 — Here's What's Behind the Surge

S&P 500 earnings growth estimates have surged from roughly 15% in February to over 26% by June 2026, driven largely by AI-related capital expenditure. The concentration of growth expectations in technology raises questions about crowding and whether the gains are already priced in.

Marcus Sterling·6 min read·8h ago·6 sources

S&P 500 Earnings Estimates Have Soared to 26% for 2026 — Here's What's Behind the Surge

Norway's Oil Fund Discloses Stakes in Two Major Logistics REITs

Norway's sovereign wealth fund disclosed stakes of 1.3% in Prologis and 8.3% in Segro as of June 2026, extending its long-standing thesis on logistics real estate from unlisted joint ventures into listed equity.

Marcus Sterling·5 min read·8h ago·3 sources

Norway's Oil Fund Discloses Stakes in Two Major Logistics REITs

Alphabet's $35.7 Billion Quarter: Inside the AI Infrastructure Build-Out

Alphabet more than doubled its quarterly capital expenditures to $35.7 billion in Q1 2026, with roughly 60% directed at data center construction. An $84.75 billion equity raise and the planned Intersect acquisition reinforce a multi-year infrastructure build-out tied to AI, even as revenue growth lags capex growth, creating tension for investors ahead of Q2 results.

Marcus Sterling·6 min read·9h ago·10 sources

Alphabet's $35.7 Billion Quarter: Inside the AI Infrastructure Build-Out

GM's $48 Billion Quarter: What the Revenue Number Tells Us — and What It Doesn't

GM reported $48.0 billion in Q2 2026 revenue. The headline figure is large but lacks segment detail and year-over-year comparison, making it a starting point rather than a verdict on the company's health.

Marcus Sterling·5 min read·9h ago·1 source

GM's $48 Billion Quarter: What the Revenue Number Tells Us — and What It Doesn't