Investment strategy
Have defense stocks hit their ceiling? Citi’s downgrade offers clues
European defense stocks have soared this year amid a regional push toward ramping up defense spending – but according to investment bank Citi, the bull run may soon run out of steam. The Stoxx Europe Aerospace and Defense index has gained almost 50% since the beginning of the year, with a handful of stocks, including […]
Read More
Zohran Mamdani’s victory in NYC mayoral primary leaves Wall Street ‘alarmed’ and ‘depressed’
New York mayoral candidate, State Rep. Zohran Mamdani (D-NY) speaks to supporters during an election night gathering at The Greats of Craft LIC on June 24, 2025 in the Long Island City neighborhood of the Queens borough in New York City. Michael M. Santiago | Getty Images To say Wall Street isn’t a fan of […]
Read More
This chip stock that’s been hotter than Nvidia is set to report earnings. Here’s what analysts expect
Micron Technology is scheduled to post its fiscal third-quarter earnings Wednesday after the bell, and some analysts are taking a rather optimistic view. The semiconductor manufacturing company is expected to earn $1.60 per share on $8.872 billion in revenue, according to analysts surveyed by LSEG. That would mark a more than 158% gain in earnings […]
Read More
Blockchain-driven platform to mimic stock trading, allowing users to buy shares of SpaceX, other hot private companies
Artistgndphotography | E+ | Getty Images Republic, a New York-based investment startup, is offering users exposure to SpaceX by issuing a “tokenized” representation of its shares. The company will begin selling the digital tokens this week and eventually plans to expand the offering to other private companies like artificial intelligence darlings OpenAI and Anthropic, as […]
Read More
Defense stocks were already outperforming. How the Iran conflict changes their outlook
Defense stocks moved higher again on Monday as investors reacted to the continued escalation of the conflict in the Middle East, which brings with it the potential for long-term changes in military spending. Bernstein analyst Douglas Harned said in a note to clients that this could prove to be an inflection point for the defense […]
Read More
How high oil could go if Iran closes the Strait of Hormuz, according to Goldman Sachs and others
Investors should not ignore the risk that Iran could disrupt Middle East oil supplies and trigger a substantial price spike, energy analysts warned Monday, even as the market largely dismissed the threat. Surprisingly, oil prices tumbled Monday after Iran fired missiles at a U.S. airbase in Qatar in retaliation for strikes against its nuclear program […]
Read More
Fundstrat’s Tom Lee says he is not surprised by market’s resilience after U.S. attack on Iran
The market’s mild reaction to the U.S.’ bombing of Iran over the weekend isn’t all that unexpected, according to investor Tom Lee. The major averages were mostly steady on Monday, even after the U.S. entered Israel’s war against Iran by striking three Iranian nuclear sites. Stocks were last trading around the flatline. Oil prices were […]
Read More
U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows
Satellite image of the Strait of Hormuz, a strategic maritime choke point with Iran situated at the top with Qeshm Island and the United Arab Emirates to the South. Imaged 24 May 2017. Gallo Images | Getty Images U.S. Secretary of State Marco Rubio on Sunday called for China to prevent Iran from closing the […]
Read More
Gulf markets end higher, shielded from major turmoil after the U.S. strike on Iran
This picture taken December 12, 2019 shows a view of the sign showing the logo of Saudi Arabia’s Stock Exchange Market (Tadawul) bourse in the capital Riyadh. FAYEZ NURELDINE | AFP | Getty Images Markets across the Middle East ended mostly higher on Sunday after the United States entered the war between Israel and Iran […]
Read More