Stocks have entered valuation waters last seen during the dot-com craze of the late 1990s.
The S&P 500 (^GSPC) has hit its second-most expensive valuation in history, as measured by the Shiller P/E Ratio, better known as the CAPE ratio.
This valuation metric measures the price of a stock index relative to its average inflation-adjusted earnings over the previous 10 years.
As it stands today, the CAPE ratio far surpasses the Crash of 1929 and is only slightly behind the levels seen during the dot-com bubble. The CAPE ratio peaked at about 44.19 in November 1999, at the height of the internet bubble, then went on to plunge to 21 by January 2003.
The S&P 500, pushing to a fresh record this month, has sent its dividend yield to the lowest level in history at 1.04%, per Yahoo Finance AlphaSpace ****** ysis.

#ratio

Despite a summer swoon for tech stocks as investors fret over capex spending at the likes of Meta (META), Alphabet (GOOG), and Amazon (AMZN), tech still looks to be the place to be when ******* yzing fund inflows.
Tech stocks are on track for a yearly inflow of $216 billion, according to new data from Bank of America Global Research (see chart below). The figure dwarfs the total annual inflows of each year dating back to 2015.
The Nasdaq Composite's (^IXIC) forward price-to-earnings ratio is about 26 times, compared to 20.4 times for the S&P 500 (^GSPC), per Yahoo Finance AlphaSpace ******* ysis. The relative premium for the Nasdaq underscores the sector's higher growth tendencies and helps explain why investors often overweight the sector in their portfolios.
BofA's tech fund inflows data sends a key message to investors: While volatility has entered the ******* e on AI overspending fears, confidence in the long term isn't being lost.
"AI monetization is increasingly visible through backlog and cloud revenues. As elevated backlogs convert into recognized revenue, cloud growth should remain well supported, helping validate rising AI capex, strengthen order coverage, and further ease return on invested capital concerns," JPMorgan strategist Dubravko Lakos-Bujas wrote in a note on Monday.

#fund #data #times

Good morning. Stocks were little changed on Monday morning as investors looked ahead to key inflation data and earnings later on in the week. Oil prices rose, with the US benchmark WTI crude oil futures (CL=F) trading above $80 per barrel.
Here's a check of the markets in early trading, as of 10:30 a.m. ET, based on a heat map powered by Yahoo Finance AlphaSpace data.
Energy (XLE) led sector gains, while Technology (XLK) traded roughly flat on balance. Within tech, hardware stocks gained, while shares of semiconductor makers and consumer electronics providers were under pressure.
Here are the top stocks Yahoo Finance readers viewed this morning: ******* eX (SPCX), Intel (INTC), Supermicro (SMCI), Arm (ARM), and CrowdStrike (CRWD).
The retail investor tide may be turning on ******* eX (SPCX) after 59 days in the public markets.

#SpaceX #trading #good

Good morning. Stocks wavered on Tuesday. Reports of progress on Middle East peace talks remained top of mind, as investors watched for swings in oil prices, which remained subdued in the first hour of trading.
Here's a check of the markets in early trading, as of 11:00 a.m. ET, based on a heat map powered by Yahoo Finance AlphaSpace data.
Industrial (XLI) stocks climbed, leading the major S&P 500 sectors, while consumer staples (XLP) were on the back foot. Within tech, semiconductor hardware companies continued to rally.
Here are the top stocks Yahoo Finance readers viewed this morning: Oracle (ORCL), Broadcom (AVGO), Cerebras (CBRS), Blackstone (BX), and SolarEdge (SEDG).
Two newly public quantum computing companies are about to report earnings. Their results will test the appetite for the budding technology that has captivated some corners on Wall Street.

#stocks #remained #Companies

Good morning. Stocks were little changed on Monday morning as investors looked ahead to key inflation data and earnings later on in the week. Oil prices rose, with the US benchmark WTI crude oil futures (CL=F) trading above $80 per barrel.
Here's a check of the markets in early trading, as of 10:30 a.m. ET, based on a heat map powered by Yahoo Finance AlphaSpace data.
Energy (XLE) led sector gains, while Technology (XLK) traded roughly flat on balance. Within tech, hardware stocks gained, while shares of semiconductor makers and consumer electronics providers were under pressure.
Here are the top stocks Yahoo Finance readers viewed this morning: **** eX (SPCX), Intel (INTC), Supermicro (SMCI), Arm (ARM), and CrowdStrike (CRWD).
The retail investor tide may be turning on **** eX (SPCX) after 59 days in the public markets.

#morning #finance #trading

The air keeps escaping from Nike's (NKE) stock price.
According to Yahoo Finance AlphaSpace, Nike stock is now underperforming the S&P 500 (^GSPC) by the largest margin in 25 years (see the chart below). The stock is down 35% year to date compared to a 13% advance for the S&P 500.
Since Nike CEO Elliott Hill officially took over as CEO on Oct. 14, 2024, the stock has shed about 49%.
The only thing Nike is "just doing" is serving up stretches of weak quarters and outlooks.

#nike #hill

AMD (AMD) stock is getting hammered today after reporting a very strong second quarter and outlook late Tuesday.
The reaction begs the question: Is Wall Street missing something? It sure looks like it!
Here are the stats to know about AMD's quarter, with help from Yahoo Finance AlphaSpace.
Impressive outlook: AMD projects second-half 2026 server CPU revenue to grow 80% year over year and 70% in 2027. It expects data center revenues to more than double in 2027, with AI GPUs growing well over 100%.
Strong momentum: Data Center sales up 16% sequentially, Data Center operating margins up three percentage points sequentially, and on-GAAP operating margins up two percentage points sequentially.

#data #center #year

SpaceX (SPCX) stock continues to lose altitude. But for this brief moment in time, the decline has nothing to do with a post-IPO hangover.
The stock is down 11% in early trading on Wednesday to $111 — light-years removed from the record high of about $225 — as investors were rattled by **** eX's planned capital expenditures.
The harsh reaction is not unlike the one afforded to other tech names this earnings season, such as Alphabet (GOOG, GOOGL), which promised that big-time money will be spent on advancing AI initiatives.
The Yahoo Finance AlphaSpace stat of the morning reflects a rough estimate of how much **** eX said it would spend in 2026.

#time

The air keeps escaping from Nike's (NKE) stock price.
According to Yahoo Finance AlphaSpace, Nike stock is now underperforming the S&P 500 (^GSPC) by the largest margin in 25 years (see the chart below). The stock is down 35% year to date compared to a 13% advance for the S&P 500.
Since Nike CEO Elliott Hill officially took over as CEO on Oct. 14, 2024, the stock has shed about 49%.
The only thing Nike is "just doing" is serving up stretches of weak quarters and outlooks.
In late June, Nike reported fiscal fourth quarter revenue of $11.0 billion, reflecting a 1% decline on a reported basis and a 4% drop on a currency-neutral basis.

#according #finance #alphaspace

SpaceX (SPCX) stock continues to lose altitude. But for this brief moment in time, the decline has nothing to do with a post-IPO hangover.
The stock is down 11% in early trading on Wednesday to $111 — light-years removed from the record high of about $225 — as investors were rattled by ******* eX's planned capital expenditures.
The harsh reaction is not unlike the one afforded to other tech names this earnings season, such as Alphabet (GOOG, GOOGL), which promised that big-time money will be spent on advancing AI initiatives.
The Yahoo Finance AlphaSpace stat of the morning reflects a rough estimate of how much ******* eX said it would spend in 2026.
Total capital expenditures for ******* eX in the second quarter were $18.4 billion, well above ******* yst estimates of around $6 billion. Commentary by executives on the earnings call indicated that third and fourth quarter capex could each remain at similar levels as that of the second quarter, implying full-year capex of about $65 billion. Wall Street was modeling for $50 billion in capital expenditures for ******* eX this year.

#Stock

AMD (AMD) stock is getting hammered today after reporting a very strong second quarter and outlook late Tuesday.
The reaction begs the question: Is Wall Street missing something? It sure looks like it!
Here are the stats to know about AMD's quarter, with help from Yahoo Finance AlphaSpace.
Impressive outlook: AMD projects second-half 2026 server CPU revenue to grow 80% year over year and 70% in 2027. It expects data center revenues to more than double in 2027, with AI GPUs growing well over 100%.
Strong momentum: Data Center sales up 16% sequentially, Data Center operating margins up three percentage points sequentially, and on-GAAP operating margins up two percentage points sequentially.

#sequentially #quarter

Intel's (INTC) stock price has been put to the test this summer alongside a wider sell-off in chip names.
But with the stock beginning to build a new base on the charts, Intel could be one to watch for traders looking for a bullish play.
Here's your Yahoo Finance AlphaSpace stat to know.
This is the 50-day moving average on Intel, which is ideally the next key test for the stock after it closed above the 100-day moving average on Aug. 4. That marked Intel's first close above the 100-day moving average since July 24.
Intel's record high came on June 22 at $140.94. The stock currently trades at $99.56.

#above #july

When Nvidia (NVDA) rival AMD (AMD) uncorks its earnings report later today, it's reasonable to expect a whole lot of bullishness.
That comes as no surprise. AMD has been knocking it out of the park for more than two years amid strong demand for its AI chips.
AMD has earned its rockstar status with investors, which a casual dive on Yahoo Finance AlphaSpace quickly uncovers.
Here are a couple of bullish call-outs on AMD's fundamentals:
Revenue growth accelerated from 8.9% in the quarter ended June 30, 2024, to 37.8% for the quarter ended March 31, 2026.

#NVIDIA #nvda

The market isn't hiding its feelings about Meta (META) as it heads to its earnings report after the close today.
Investors are selling first and asking questions later.
Meta stock has now declined for nine straight days, the longest losing streak in its history. The steady march lower has sent Meta shares below all key technical moving averages, per Yahoo Finance AlphaSpace data.
When Meta (META) reports its second quarter earnings, all eyes will be on its capital expenditures plan for the rest of the year and in 2027.
This area of Meta's cash flow statement garners the most attention — not just because Alphabet (GOOGL) spooked its investor base last week by warning it intends to spend way more than expected but also because Meta's stock price has been dead money for more than a year (as seen above).

#year #investors #market

Those beginning to worry about the renewed chip stock rout may find comfort in the fact that the broader markets are holding up very well.
The Dow Jones Industrial Average (^DJI) is still trading near record highs and above all key moving averages, per Yahoo Finance AlphaSpace data. The S&P 500 (^GSPC) is holding above its 100-day and 200-day moving averages, but late last week it slipped below the 50-day.
A few factors are preventing the chip stock pullback from harming the broader market, according to Charles Schwab strategist Kevin Gordon. However, investors should be on the lookout for whether these trends reverse.
'You've got essentially two-thirds of S&P 500 companies that are trading above their 200-day moving average. That's relatively healthy and still consistent with the market that is more rotational in nature and not necessarily one that is correctional," Gordon said on Yahoo Finance's Opening Bid.
The equal-weighted index and cyclical stocks have all signaled a strong economy, he explained. "And when you do look at the reaction of the market to some of these earnings beats, most of the pressure and most of the underperformance has been concentrated in the tech sector. Outside of that, when you look at financials or industrials or consumer discretionary, the reaction in the market has actually been positive."

#holding

A brutal year for Tesla (TSLA) investors is getting even more brutal.
Quick insight: The post-earnings slide in Tesla stock has made it the most oversold since March 2025, according to Yahoo Finance AlphaSpace data. Overbought and oversold levels for a stock are tracked by the relative strength index, or RSI (bottom red line in the chart below).
The RSI is a momentum indicator that measures the speed and magnitude of a stock's recent price movements on a scale from 0 to 100. An RSI reading above 70 is generally viewed as a sign that a stock has risen too fast and could be due for a pullback. A reading below 30 suggests a stock may be oversold and could be poised for a rebound.
Tesla's RSI currently stands at 14. Shares are down 30% this year compared to an 8% gain for the S&P 500 (^GSPC).
The why: The sell-off in Tesla has intensified after execs offered few concrete updates on the pace of its Robotaxi rollout or the commercialization timeline for its Optimus humanoid robot during its earnings call last week. This was on top of a brutal earnings miss versus Wall Street estimates,

#Stock #Tsla

With chip stocks extending their sell-off, investors have rotated back into safety in the Big Tech patch.
Believe it or not, that now includes Alphabet (GOOG, GOOGL), which is only a few days removed from its stock being hammered by fears of AI overspending.
Talk about a short memory.
Quick insight: Alphabet stock started Tuesday's session above the key 200-day moving average after closing above it on Monday, according to Yahoo Finance AlphaSpace data (chart below). The stock broke below the 200-day moving average for the first time in more than three years on July 23 as investors digested the company's second quarter numbers.
The 200-day moving average is one of the most widely followed technical indicators as it helps investors distinguish a stock's long-term trend from short-term market noise. A stock trading above its 200-day moving average is generally viewed as being in a long-term uptrend.

#Stock #average #short #long

Those beginning to worry about the renewed chip stock rout may find comfort in the fact that the broader markets are holding up very well.
The Dow Jones Industrial Average (^DJI) is still trading near record highs and above all key moving averages, per Yahoo Finance AlphaSpace data. The S&P 500 (^GSPC) is holding above its 100-day and 200-day moving averages, but late last week it slipped below the 50-day.
A few factors are preventing the chip stock pullback from harming the broader market, according to Charles Schwab strategist Kevin Gordon. However, investors should be on the lookout for whether these trends reverse.
'You've got essentially two-thirds of S&P 500 companies that are trading above their 200-day moving average. That's relatively healthy and still consistent with the market that is more rotational in nature and not necessarily one that is correctional," Gordon said on Yahoo Finance's Opening Bid.
The equal-weighted index and cyclical stocks have all signaled a strong economy, he explained. "And when you do look at the reaction of the market to some of these earnings beats, most of the pressure and most of the underperformance has been concentrated in the tech sector. Outside of that, when you look at financials or industrials or consumer discretionary, the reaction in the market has actually been positive."

#gordon

The bears may not be going anywhere on semiconductor stocks.
Quick insight: The VanEck Semiconductor ETF (SMH) — which counts Nvidia (NVDA), Taiwan Semiconductor (TSM), and Broadcom (AVGO) as its top three holdings — has begun to form a head-and-shoulders stock pattern, according to Yahoo Finance AlphaSpace chart ****** ysis (below).
The left shoulder took shape starting in mid-May, with the head forming in late June, and now the right shoulder has emerged. The pattern will be official if the ETF falls below the May 19 closing low of $543.
The head-and-shoulders pattern is widely considered bearish, as it suggests that buyers are gradually losing control of the market for a particular stock or ETF.
During the formation of the left shoulder and head, buyers can still push prices to new highs. But the inability to push higher on the right shoulder suggests that buyer demand is beginning to weaken.

#shoulder #pattern #Stock #suggests

Earnings season kicked into warp overdrive this past week. And it won't be any easier to navigate the market next week, with results from the likes of Amazon (AMZN), Meta (META), and Microsoft (MSFT).
Here are a few observations about last week's stock moves from Yahoo Finance AlphaSpace that may get your mind right heading into another frenzied week for investing.
So much for the many positives on the AI front from Alphabet's (GOOG, GOOGL) second quarter earnings report.
The market couldn't have cared less.
Alphabet's second quarter capital expenditures came in at $44.9 billion, slightly above Wall Street forecasts of $44.7 billion. Full-year capex guidance was raised to $195 billion to $205 billion from $180 billion to $190 billion, with a "significant" increase seen for 2027, executives said on the earnings call.

#market #second #quarter #Microsoft

Alphabet (GOOG, GOOGL) earnings out later today will likely mark a moment of truth for tech investors.
That is, whether to stick with a renewed "Magnificent Seven" bull trade or buy the steep sell-off in semiconductor stocks and perhaps load back up on both by the year's end.
Quick insight: Over the past month, the performance gap between semiconductor stocks and Magnificent Seven stocks has expanded, as seen in the Yahoo Finance AlphaSpace chart below.
The Magnificent Seven comprises Apple (AAPL), Alphabet, Microsoft (MSFT), Amazon (AMZN), Meta (META), Tesla (TSLA), and Nvidia (NVDA).
The divergence reflects investor indecision on whether the previously virtuous circular relationship between chips and hyperscaler capex is sustainable, given that hyperscaler forward free cash flow is likely to turn negative in this quarter, Evercore ISI strategist Julian Emanuel explained in a new note on Wednesday.

#semiconductor

Oracle's (ORCL) stock price may be catching a bid on Tuesday, but it has been obliterated in recent weeks.
AlphaSpace insight: With the nearly 4% decline in Oracle's stock price on Monday, shares are now down more than 50% since June 2, according to Yahoo Finance AlphaSpace data. This brings the year-to-date slide in Oracle's stock price to 36% versus a 9% gain for the S&P 500 (^GSPC).
AlphaSpace data shows Oracle's stock is trading at its lowest forward price-to-earnings ratio in more than four years at 15.5 times. The current forward P/E ratio for the S&P 500 is about 20 times.
What's behind the move: Investors are questioning whether Oracle's AI-fueled growth expectations have become too aggressive.

#Stock #price #forward #Monday

Battered Netflix (NFLX) investors may end up tuning in to another dose of bad news when the company reports earnings on July 16.
Quick insight: "Given currency movement and a lack of hit programs, we believe more investors are expecting Netflix to lower full year numbers," KeyBanc Capital Markets **** yst Justin Patterson warned in a note on Monday.
The Street may be surprised negatively if Netflix does cut its outlook. According to Yahoo Finance AlphaSpace data, **** yst profit estimates on Netflix for 2026 have remained steady over the past 60 days and have fallen slightly for 2027.
But Netflix stock is trading as if another guidance letdown is in the cards. The stock is down 11% in the past month, bringing its year-to-date slide to 22%. Shares have plunged 41% over the past year.
Don't forget: Investors were left frustrated in April when Netflix failed to raise its full-year 2026 revenue guidance range from $50.7 billion to $51.7 billion.

Intel's (INTC) blockbuster year is becoming even more notable.
Quick insight: Intel stock is trading above its 200-day moving average by the largest margin in history, surpassing the peak of the dot-com bubble, according to Yahoo Finance AlphaSpace data. The stock is up a sizzling 200% this year.
The 200-day moving average is widely considered the single most important technical indicator on Wall Street. It's calculated by averaging a stock's closing price over the past 200 trading days.
It ultimately represents the long-term trend line that institutional investors, hedge funds, and professional traders use as their north star when deciding whether a stock or index is fundamentally healthy or fundamentally broken. When a stock is trading above its average, it's generally considered to be in a long-term uptrend, which attracts institutional money.
The why: Intel stock has become one of the hottest trades on Wall Street as the chipmaker orchestrates a dramatic comeback.

Memory stocks are in a bear market. But the Magnificent Seven are back on offense — leading the market higher once again.
Since the late-June turn in growth stocks, the Roundhill Magnificent Seven ETF (MAGS) is up 8%, while the S&P 500 minus the Mag Seven — tracked by the Defiance Large Cap ex-Mag 7 ETF (XMAG) — is basically flat. Meanwhile, the PHLX Semiconductor Index (^SOX) is down 12%.
The chart below, built using Yahoo Finance's AlphaSpace, shows that same split over the past five trading days, with megacaps gaining ground while semiconductors break down.
That is a sharp reversal from late June, when the market's biggest AI stocks had just absorbed a $2.7 trillion wipeout and investors were questioning whether megacap leadership had finally cracked.
Instead, Big Tech is back in charge — and the rebound is not limited to seven stocks.

Nike (NKE) needs a slam dunk quarter on Tuesday to begin reversing one of the worst-looking stock charts in all of retail.
The insight: Nike stock is now trading at more than 11-year lows, per Yahoo Finance AlphaSpace data, taking the shares back to a price last seen during the presidency of basketball-loving Barack Obama. The stock is down a startling 36% this year and 43% over the past 12 months.
What's behind the stock move: To prevent further declines, Nike's quarter this week can't look any worse than the one shared three months ago.
The report was littered with red flags as it undergoes a restructuring under CEO Elliott Hill and tougher competition from the likes of Adidas (ADS.DE) and upstarts such as On Holding (ONON).
On top of that, Nike has faced continued pressure on its all-important China business. Sales in China fell 10% from the previous year, with digital sales down 21% and wholesale off by 13%.

Markets are facing an early summer swoon, and it's not even the July 4 weekend.
The insight: Amid a week of heightened volatility, especially for tech stocks, the S&P 500 (^GSPC) closed below its 50-day moving average for the first time in more than two months on Friday, according to Yahoo Finance AlphaSpace ****** ysis. The index appears set to start the week under this level based on premarket trading action on Monday.
The 50-day moving average is one of the most widely watched technical indicators on Wall Street, calculated simply by averaging a stock or market's closing price over the past 50 trading days and plotting it as a continuously updated line on a chart. It gives investors a real-time snapshot of a stock or market's medium-term price trend.
Read more: How to protect your money during turmoil, stock market volatility
When a stock or market is trading above the 50-day moving average, it is generally considered to be in a healthy uptrend, signaling that buying momentum is stronger than selling pressure. A stock or market trading below that line is often viewed as technically weak and vulnerable to further downside.