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Abercrombie & Fitch (NYSE:ANF) has had a turbulent 2026. Shares are down 26% year-to-date, pulling back from a 52-week high of $133.11, though the stock has recovered 2.65% over the past week and sits nearly 21% above where it traded one year ago.
By MICHAEL HILL
The average Wall Street bonus rose to a record $246,900 in 2025 amid a surge in profits, New York state’s comptroller reported Thursday.
The average bonus rose 6% — or almost $15,000 higher — from the previous year. Wall Street’s bonus pool reached a record $49.2 billion in 2025,
Wall Street has a very short memory. That’s both good and bad, since remembering the emotional and financial pain of deep bear markets would likely keep most people from ever investing again. But forgetting history means you are doomed to repeat it. With technology stocks losing so much value so far in 2026, a little historical review can help you decide if it’s time to jump into tech stocks or not.
Oil prices rallied as traders reacted to recent developments in the Middle East. WTI oil climbed above the $94.00 level, while Brent oil rallied towards $108.00. The rally will continue in case of an additional escalation in the Middle East, which will be bearish for stocks.
Treasury yields moved higher as bond traders bet that Fed may be forced to raise rates to fight inflation,
» Read more about: NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Retreats As Meta Dives 8% »
Nvidia is partnering with Coupang to build an artificial intelligence (AI) factory to enhance e-commerce efficiencies.
The technology provider should see long-term margins increase because of these investments.
Coupang stock looks very cheap right now.
Another technology company is getting in on the artificial intelligence (AI) hype train.
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Casey’s General Stores (NASDAQ:CASY) has been a standout performer, with shares up 6.22% over the past week, 3.82% over the past month and 27.35% year-to-date. Over the trailing 12 months, the stock climbed 66.29%,
» Read more about: Wall Street Pro Thinks Casey’s General Stores Stock Will Continue to Soar »
Serve Robotics significantly expanded its fleet of delivery robots last year.
It could grow much larger over the next decade.
Serve Robotics (NASDAQ: SERV), a producer of AI-powered sidewalk delivery robots,
» Read more about: This Robotics Stock Could Be the Next 10-Bagger on Wall Street »
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The effects of higher oil prices could cut slash 10,000 jobs a month, Goldman Sachs says.
The bank said it expects the unemployment rate to rise to 4.6% by the end of the year.
Geopolitical tensions are rising, and with the Strait of Hormuz still closed to most ships, energy prices have remained elevated. Oil is now above $100 a barrel as of this writing and will likely go up even further if the strait is closed for longer.
If the prices of oil and natural gas remain elevated,
» Read more about: Protect Your Portfolio From Inflation: Buy These 2 Energy Stocks »
