Luke Kawa7/14/25

More tariff threats can’t keep stocks down for long

US stocks shook off early losses tied to fresh tariff announcements from President Donald Trump to finish positive.

The S&P 500 inched up 0.1%, the Nasdaq 100 rose 0.3%, and the Russell 2000 advanced by 0.7%.

Communication services and financials were the best-performing S&P sector ETFs, while energy posted a loss of more than 1%.

Momentum stocks, a source of relative (though meager) weakness so far in the third quarter, had a particularly solid day, with the iShares Momentum ETF’s 1.3% gain propelling it back to near the top of its recent range.

Palantir was one of the top stocks in the S&P 500, hitting an intraday all-time high and closing at a fresh record peak.

Rocket Lab jumped doubled digits after Citi hiked its price target on the stock to $50 from $33.

Nvidia-backed Nebius soared after Goldman Sachs initiated coverage on the data center startup with a “buy” rating.

Mark Zuckerberg’s announcement that Meta was committing to hundreds of billions of dollar in spending on AI data centers provided only a short-lived jolt for the company’s shares.

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J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

US job growth falls far short of estimates in June; unemployment rate unexpectedly dips to 4.2%

Job growth was 57,000. Analysts foresaw job growth of 113,000; prediction markets were more optimistic, looking for job growth above 125,000 but below 150,000.

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Meta surges on report it’s starting a cloud business to sell excess AI compute

The story of the hyperscalers in 2026 has largely been “the beatings will continue until the cash flow outlook improves;” this could help change the story for Meta. Or not.

Meta CEO Mark Zuckerberg visits U.S. Capitol for Senate meetings

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