Before SpaceX Rings the Bell: Bull and Bear ETFs Are Lining Up SpaceX prices on June 11 and debuts June 12 on Nasdaq under SPCX $Space Exploration Technologies Corp(SPCX)$ — targeting $135 per share (subject to pricing on June 11), with a ~$75B raise and ~$1.75T valuation that would mark the largest IPO on record. Behind the stock, a quieter ETF arms race has formed: a wave of 2x daily single-stock ETFs is queued up to amplify SPCX's debut — most on the bull side, fewer on the bear side, with additional filings still working through SEC review. Bulls lead. Bears in the wings. All of the ETFs covered here are 2x daily products — they aim to deliver twice SPCX's daily move, in either direction. Anticipated on June 15 (Monday): Multiple i
Oracle Beat Expectations. So Why Did the Stock Fall? $Oracle(ORCL)$ delivered a strong Q4, but the market reaction showed that the bar has changed. Investors are no longer questioning whether Oracle has AI demand. They are questioning how expensive it will be to capture that demand. Q4 revenue rose 21% year over year to $19.2 billion. Cloud revenue grew 47% to $9.9 billion, while OCI revenue surged 93% to $5.8 billion. Non-GAAP EPS rose 24% to $2.11. On the surface, this was a strong print. The problem is that Oracle is now being judged like a hyperscaler, not just an enterprise software company. RPO proves demand is real The best number in the report was RPO. Oracle's remaining performance obligations reached
Did The AI Chip Crash Break The Rally? Friday was brutal for chip stocks. The $Philadelphia Semiconductor Index(SOX)$ dropped 10.3%, its worst one-day decline since March 2020. U.S.-traded chip stocks lost more than $1 trillion in market value. But the crash came after a huge rally. AI chips had become one of the most crowded trades in the market. When a trade rises too far, too fast, it becomes vulnerable to any negative catalyst. Why did chips crash? – The first reason was positioning. Investors had crowded into GPUs, memory, ASICs, networking, optical names and semiconductor equipment. Once selling started, momentum strategies and leveraged ETFs likely made the move faster. – The second reason was expec
Solidion Technology Jumps 58% After Unveiling Extreme-Climate Battery Tech $Solidion Technology Inc.(STI)$ shares extended gains Friday after the company announced a patented extreme-climate battery platform designed for space operations, artificial intelligence data centers in low Earth orbit, and lunar infrastructure. The power storage system based on graphene actively manages cell temperatures, allowing the hardware to operate between -80 and 80 degrees Celsius, the company said Thursday, when its shares closed up 357% in regular trading. The company is also developing solid-state lithium-ion and lithium-sulfur batteries with non-flammable materials to provide higher energy-to-weight ratios for crewed spaceflights. The battery hardwa
Broadcom Sees Biggest Short Volume Amid $300 Billion Market Cap Wipeout $Broadcom(AVGO)$ shares slumped more than 7% Friday after attracting this year’s heaviest trading in borrowed shares that were sold short as bears took advantage of the chip giant’s disappointing AI sales outlook. The three-day stock selloff is on pace to wipe out more than $300 billion from the company’s market capital, shaving some of its 54% record-breaking rally over the past year that turned Broadcom into a $2.28 trillion company. If losses hold through the end of the trading day, the market could drop to $1.89 trillion. Short sellers piled onto the stock just as market makers are selling into weakness to manage their risk in the
AI Stocks Are Crashing, but Smart Money Is Buying Nvidia and TSM U.S. technology stocks came under heavy pressure on Friday as stronger-than-expected nonfarm payrolls data forced investors to reassess the Federal Reserve's policy outlook. Expectations for higher-for-longer interest rates intensified, sending growth stocks sharply lower. The $NASDAQ(.IXIC)$ fell over 4% intraday, while the $Philadelphia Semiconductor Index(SOX)$ plunged over 10%, making AI infrastructure names among the hardest-hit stocks in the market. As of publication, $NVIDIA(NVDA)$
Micron Hit an All-Time High, Then Fell. What Does Its Chart Say? $Micron Technology(MU)$ fell some 6% Thursday morning after rising nearly 1,000% over 12 months, taking the stock to an all-time intraday high earlier this week. Let's check out what its chart and fundamentals say could happen next. Micron's Fundamental Analysis MU fell Thursday is sympathy with a decline for $Broadcom(AVGO)$ on poorly received earnings. But prior to that, the stock rose almost 20% just on May 26 after UBS analyst Timothy Arcuri boosted his MU price target all the way up to $1,625 from a previous $535 (while reiterating the stock's "Buy" rati
Marvell Short Sellers Pile in as Stock's 250% Rally Tests Resistance $Marvell Technology(MRVL)$ short sellers piled onto the best performing semiconductor stock over the past five days as shares tested historical resistance levels after the company saw its market capital soar by $85 billion in the first three days of this week. Trading in borrowed Marvell shares that were sold short rose to 10.6 million shares Wednesday, from 9.49 million a day earlier. The latest short volume represented 9.1% of the shares that changed hands that day when the stock sealed its five-day 52% run. That surge came after $NVIDIA (NVDA.US)$ CEO Jensen Huang predicted Monday that Marvell could be the next trillion-dollar b
Broadcom Plunges 12%, but Smart Money Is Buying the Dip The AI infrastructure sector experienced a roller-coaster session on Thursday. After $Broadcom(AVGO)$ plunged more than 12% following its earnings report, semiconductor and AI hardware stocks came under heavy pressure in early trading, raising concerns that weakness in one of the industry's key AI infrastructure leaders could signal a broader cooling of the AI trade. However, sentiment improved rapidly as the session progressed. Several AI infrastructure names recovered their early losses, with $Marvell Technology(MRVL)$ and