Tech stocks hit bear territory as US-Iran tensions rise, Nvidia remains strong
Six of the Magnificent Seven tech stocks have fallen into bear territory as U.S.-Iran tensions escalate, but the odds of NVIDIA becoming the largest company by market cap on June 30 hold at 92% YES, even as earnings season approaches alongside questions about a $600 billion AI-driven capital expenditure plan.
Market reaction
The market trades a daily volume of $16,712 in USDC,
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Read MoreWarren Buffett Once Said If Your Kids Read Your Will After You're Gone, You've Already Made A 'Terrible Mistake' — Here's Why
Legendary investor Warren Buffett has long warned that poor communication in estate planning can create confusion, conflict and lasting damage within families.
Why Buffett Calls It A ‘Terrible Mistake’
Speaking at the Berkshire Hathaway annual meeting in 2023, Buffett made it clear that secrecy around a will can backfire.
Read MoreAmazon or AMD: Cathie Wood Is Leaning Toward One High-Conviction AI Stock
Cathie Wood, the founder of ARK Invest, is known for spotting new tech trends early. While chipmakers like Nvidia (NVDA) and Advanced Micro Devices (AMD) led the AI market through 2025, Wood’s latest moves suggest she is shifting her focus. She is now leaning toward massive “platform” companies that can use AI to drive long-term profit.
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Read MoreWhy May Could Be a Turning Point for Palantir Stock
Key Points
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Palantir Technologies has slipped 19% this year.
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Investors have worried about the stock’s high valuation and the general AI revenue opportunity.
Palantir Technologies (NASDAQ: PLTR) soared during most of this artificial intelligence (AI) boom,
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Read MoreTrump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal
WASHINGTON (AP) — President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union next week to 25%, a move that could jolt the world economy at a fragile moment.
Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.
Read MoreThe Burst
Market Commentary: Champion Traders Key Rule To Win
When you win the US trading championships numerous times, you deserve closer scrutiny than the ordinary trader. And that’s why in today’s post we examine an absolutely crucial component of successful trading that just about every ordinary trader ignores, dismisses, or simply fails to adhere to in spite of knowing better.
To exemplify the rule,
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Read MoreThe Ivy
The ONLY Fund Buffett Recommends (hint, it’s not his own)
As probably the world’s best-regarded stock picker, Warren Buffett isn’t usually associated with ETFs. Nevertheless, the legendary value investor’s portfolio at Berkshire Hathaway contains two ETFs, both of which track the S&P 500 index.
These two funds, namely SPY and VOO, account for a little over $45 billion of Berkshire’s total holdings. Why does Buffett own the S&P 500,
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Read MoreThe Spotlight
1 Cybersecurity Stock To Hold For 10 Years
The sheer volume of sensitive information stored in digital format is mind-boggling. Everything from medical records to financial data has been moved from paper files to electronic alternatives, and most major organizations keep trade secrets and intellectual property on their networks.
In addition to consumer and business data, critical infrastructure relies on digital controls.
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