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The Santa Claus rally typically begins at the end of December, but Wall Street is already showing signs of holiday cheer, potentially leading up to another big year for stocks in 2026. During the Thanksgiving-shortened week, the Dow Jones Industrial Average jumped more than 3%, the S&P 500 surged nearly 4%, and the Nasdaq leapt … Read more
The market woke up fast last night as Bitcoin price bounced sharply from its recent bottom that had been forming for days, pulling back above $90,000 while ETH USD finally cracked the $3,000 level again. This jump surprised almost no one. ETF flow data has been turning green for two straight days, with both BlackRock … Read more
Key Takeaways Alphabet shares surged over 6% to record highs after Berkshire Hathaway disclosed a $4.9 billion stake. Berkshire reduced its Apple stake while pivoting toward AI and cloud infrastructure through Alphabet. Share this article Alphabet stock surged more than 6% today to a record high above $293, following news that Warren Buffett’s Berkshire Hathaway … Read more
The one area outside of AI where investors are still enthusiastic is expense management fintech, at least if Ramp’s 2025 is anything to judge by. Every few months, Ramp has raised another large sum at another giant new valuation. On Monday, the fintech announced it had raised $300 million led by Lightspeed, which also included … Read more
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon, UPS and Target are about a lot more than just the advance … Read more
A shortage of air traffic controllers caused more flight disruptions Monday around the country as controllers braced for their first full missing paycheck during the federal government shutdown. The Federal Aviation Administration reported staffing-related delays on Monday afternoon averaging about 20 minutes at the airport in Dallas and about 40 minutes at both Newark Liberty International Airport and Austin-Bergstrom … Read more
Bank of America Research has issued a fresh warning for equity investors: the S&P 500, now hovering near historic highs, is demonstrating elevated risk levels with 60% of the firm’s proprietary “bear market signposts” flashing red—just shy of the point that has historically heralded a market peak. The bank’s S&P 500 Relative Value Cheat Sheet, … Read more
Folks, if you’re glued to the markets like I am, you’ve probably got your eyes popping out of your head right now. GSI Technology (GSIT), this scrappy little semiconductor player out of Sunnyvale, California, just lit the tape on fire. As of this writing, shares are up a jaw-dropping 176% to around $14.10, and that’s … Read more
When Shohei Ohtani’s third home run rocketed off his bat and streaked toward the left-field bleachers, the few fans still sitting at Dodger Stadium rose frantically, as if every single seat in the sold-out building had received a shock. At the plate and on the mound, Ohtani was simply electrifying in Game 4 of the … Read more
It’s been a whirlwind year for the vibe-coding world’s database of choice: Supabase. On Friday, Supabase announced that it raised a fresh $100 million Series E at a $5 billion valuation, led by Accel and Peak XV. This is just four months after closing its $200 million Series D at a $2 billion valuation, led … Read more
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