A flesh-eating parasite known as New World screwworm has been found in livestock in Texas, and traders are buzzing over potential winners in the stock market. Shares of Zoetis and Elanco Animal Health popped in Thursday’s trading, and typically dormant options markets on the stocks woke up with a heavy bullish bias. Zoetis was last … Read more
Michael Burry added to several beaten-down positions while doubling down on his warning that the market’s artificial intelligence boom is creating the kind of distortions last seen during the dot-com era. The investor, best known for predicting the housing crash and later profiled in The Big Short , disclosed fresh purchases in companies he sees … Read more
A sharp rally in semiconductor and artificial intelligence infrastructure stocks has pushed several names to historically stretched levels relative to their long-term trends. At the same time, many defensive and slower-growth areas of the market remain deeply out of favor. CNBC Pro screened the S & P 500 for stocks trading the furthest above or … Read more
Here are Wednesday’s biggest calls on Wall Street: Wells Fargo reiterates Apple as overweight Wells said it’s bullish ahead of earnings later this month. “We’re positive on AAPL i nto F2Q26 earnings (4/30) – iPhone demand holding up better-than-expected / share gains + iPhone 17e ramp; continued double-digit services growth. Reiterated Overweight; $300 PT.” Goldman … Read more