U.S. President Donald Trump speaks during an event in the Oval Office of the White House on June 3, 2026 in Washington, DC. Kevin Dietsch | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to the latest edition of the Daily Open newsletter. Traders in Asia are evaluating another round … Read more
CEO Satya Nadella speaks during Microsoft Build 2026. Courtesy: Microsoft Microsoft has been a major player in the artificial intelligence boom, providing key cloud infrastructure and services and taking multibillion-dollar equity stakes in OpenAI and Anthropic. Now the company is making a concerted effort to compete with proprietary models. At its Build developer conference in … Read more
Could it be “SaaSpocalypse Never?” Software stocks are surging back from an artificial intelligence-driven sell-off that saw the group shed almost 40% from highs last year, rallying about 6% Monday in a surge that brought the year-to-date performance in the iShares Expanded Tech-Software Sector ETF (IGV) into positive territory for the first time. The fund … Read more
Semiconductor stocks have delivered outsized gains in recent weeks, and the most common question we are getting now is when to take profits. In steep uptrends, our approach is to monitor short-term trend-following gauges rather than trying to pick a top. For stocks like Micron (MU) , the slope of the 20-day moving average (MA) … Read more
These are the stocks posting the largest moves midday. Source link
Software stocks spiked ahead of Monday’s opening bell after Nvidia CEO Jensen Huang unveiled plans for a new chip that will power personal computers. Investors are piling into a range of computer-related names on the first trading day of June, with ServiceNow leading the premarket rise after soaring 14.4% ahead of the opening bell. IBM … Read more
Sridhar Ramaswamy, CEO of Snowflake, helps ring The Closing Bell at the New York Stock Exchange on Sept. 30, 2025. NYSE The “SaaSpocalypse” may not be over. But for now at least, fears of software’s demise have cooled. Software stocks soared this week, driven by strong results from Snowflake and Okta, signaling that some companies … Read more
Check out the companies making the biggest moves midday: Energy stocks — The group fell for a fourth straight day after President Donald Trump said he was close to making ” a final determination ” on a deal to end the U.S.-Iran war. OneOK led the S & P 500 energy sector lower, losing more … Read more
Palantir Technologies (a Mango Growth ETF (GARY) holding) has spent the past few months coiling in a rangebound trade between $130 and $160. While high-beta investor “love” has pushed other names ( DELL , SNOW , MU , INTC ) and the broader software landscape is still recovering from the “software apocalypse,” Palantir has quietly … Read more
President Donald Trump takes questions from reporters during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win Mcnamee | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to today’s edition of the Daily Open newsletter. After weeks of paused action … Read more