Latest news with #MarketDomination
Yahoo
2 hours ago
- Business
- Yahoo
How to play software stocks now
Software stocks like Salesforce (CRM) and Microsoft (MSFT) were in big focus this earnings season. But technologies like AI are changing the game for these software vets. In the video above, Piper Sandler equity research analyst Brent Bracelin gives his take on the maturing software space. He also shares one of his top stock plays. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Yahoo
a day ago
- Business
- Yahoo
Jamie Dimon on the bond market, Palantir contract: Trending Tickers
JPMorgan Chase & Co. (JPM) CEO Jamie Dimon warned that "a crack" is beginning to form in the bond market (^TYX, ^TNX, ^FVX) — "It is going to happen" — at an economic forum on Friday The Trump administration has tapped Palantir Technologies (PLTR) for a new contract, according to the New York Times, to expand the government's tech infrastructure and databases. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Now time for some of today's trending tickers. We're looking at the 10 year treasury. JPMorgan Chase CEO Jamie Dimon saying we're going to see a crack in the bond market. Dimond making the comments an economic forum Friday, Josh, so Diamond saying issuing me this warning, there's going to be a crack in the bond market. You're gonna panic, he says. He says he's not gonna panic, but you're gonna panic. I might. Yeah, you might maybe everybody will. Uh, it is Jamie Dimon, and so obviously when he Speaks people do pay attention and he's right to say that you stay focused on the bond market, which was spooking folks and we can debate the reasons why it was maybe debts and deficits or was it recession fears and winding was the selling in in in Japanese government debt, but it was spooking folks. There's something about Jamie Dimon and always hitting exactly where kind of the market zeitgeist is, right? It's if we're talking about the Fed and the Fed should cut seems to be the narrative that's out there, it feels like he starts talking. About rates if it's recession, it's that bond markets definitely been the conversation, right? And I think to Diamond's point, higher yields have weighed on stocks, right? That's been the clear trade over the last month in the sense that a lot of the broader market has struggled as rates are going higher and it definitely feels like the biggest fear or one of the biggest fears in the market right now. City Stewart Kaiser laid out kind of three key risks to the bond or to the stock market, and he said simply that premium. Uh, that bond market premium continuing to move higher is one of the key risks he's concerned about right now. And you also hope that it does feel like things have perhaps right now calmed down a bit. I mean, I'm looking at the 10 year benchmark. We are back to 44. Well, what I find interesting, he also said in this conversation that this may be the wake up call that we need. I mean, I think with what we saw last two weeks, we got the wake up call already, so I'm not really sure what this really adds. I mean, of course. He's always going to make news with what he says, but you know, I, I think he's already to your point, talking about the zeitgeist, and we've been talking about it for a while. So, um, you know, to me it's, it's always nice to have a Jamie headline here and there, but I'm just really not sure what new things we're learning from his insights today. I mean, he's he's right. I mean debts and deficits, it's are a big challenge, and bond markets gonna have to navigate that. We are checking in on Palantirer, and by the way, those shares tacking on a nice 5%. In today's trade that's at the New York Times reported President Trump has expanded the software company's work across the federal government, tapping the company's technology which can easily organize, we know, and analyze data pulled from different agencies. So this was the Times report how the Trump administration has expanded Paltier's work, jobs for the government. They say the company has received more than $113 million in federal government spending since Trump took office. It does not, and that doesn't include, by the way. They see this nearly $800 million contract that the DOD awarded Alex Karp's company last week. This has not been a stock by what you want to bet against. It's been rough. No, short sellers have lost over $2 billion betting on this stock since April 8th. That's from, uh, S3 Partners, Josh. But you just zoom out on the stock like we're doing right now, right? You look over 6 months, things up 91%. Like stock is now trading at basically an all-time high, right around 470% over the past 12 months. Yeah, it's, it's it's crazy. Crazy crazy chart and I think I was when we were talking about this before the show, I was looking stock was only up 1% and I was like, OK, maybe we finally just maxed out on potential catalysts here because it is a good contract and the stock wasn't moving that much. Now interesting as we get the broader market rally that we're starting to see into the close. Palantirer is one of the key movers. Palantirer feels like it's been a little bit of a leader for the market. Palantirer kind of moves a little bit higher than the market's moving, but it's definitely one of those hype trades, right? Oh, what do you make of it? Pallanter and Nvidia, these are companies you don't bet against now. I think. Most fascinating to me is that there were some concerns that defense stocks were going to get hit as the Doge operation was well underway, and the fact that Palantirer has done better than most expected, but clearly still winning more contracts and that Trump is is very much leaning into Karp's business is is obviously another reason that you will not now bet against Palantirer. And by the way, what else happened this week? Fannie Mae told us they're launching this AI powered crime detection unit. Who did they partner with? Patienter.
Yahoo
2 days ago
- Business
- Yahoo
Trump tariffs: How much spice is behind the TACO trade
No, it's not burrito bowls on investors' minds after a whirlwind week for President Trump's tariff policies. The TACO trade — which stands for "Trump always chickens out" — is taking Wall Street by storm, characterized by the administration's constant back-and-forth on its import taxes levied against trade partners and other countries. Yahoo Finance senior columnist Rick Newman comes on Market Domination to talk more about this viral take. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. So the talk on Wall Street this week was all about the Taco trade, but Yahoo Finance senior columnist Rick Newman has his own take that the premise of the Taco trade isn't true. And Rick joins me now. How so, Rick? I'm sorry, guys. So if you said Trump sometimes chickens out, you'd be right. But you can but the Tisco trade it just I mean, it does not it doesn't work, right? I mean, look, I love the memes. I love the Trump in the chicken suit with the feathers, uh, the tacos on his gold jacket and stuff. But I mean, I'm He didn't look happy to be asked that question. He did not enjoy that question. He hated the question. He did not enjoy that question, which made it even more fun, to be honest. But look, I mean, I mean, I've been following every step of the way here. Um, Trump is, uh, at the end of the day, we're going to end up with tariffs on imports, taxes on imports that are going to be something like six times, eight eight times or 10 times higher than when Trump took office. So where we stand right now, worth reminding people, Trump took office with the average tariff on imports at 2.5%. It's now around 18%. That is with these emergency tariffs in place. We now know that there's some question legally about whether those will stand. The Supreme Court is going to decide that. But if the if the courts do end up shooting down all those emergency tariffs, Trump's got at least four other ways that he can impose these tariffs. He did some of them in 2018 and 2019. So we know they're likely to be more durable legally. And Trump is going to do it. I mean, people who know Trump, I mean, if you haven't been paying attention, Trump is a true believer in tariffs despite all the evidence that's going to make the economy worse off on it. He is going to do it. He's going to find a way to do it. So Trump sometimes chickens out, but he does not always chicken out. What do you make of the market response to all this? In essence, we're about to wrap up what was a solid month for stocks, right? And a big rebound off the April low. Even the bond market, we were talking earlier, it's taken a deep breath. It's calmed a bit. The benchmark benchmark tenure is back to 44. What do you make of that? Uh, Trump lowered the chair the type China tariffs from 145% to 30%. That's the answer, right? He he didn't. He he didn't. Because if he if he if he didn't completely chicken out, if he would if he did, he would have he would have taken it from 145% back to no additional tariffs. But so that's where we are. We went from started with no there were already tariffs on Chinese imports, but the new ones are 30% right now. Trump went from 145% to 30%. So that is that is that represents the whole strategy, which is he starts out super high and ends up somewhere that's not as bad, but still somewhat uncomfortable. Rick, thank you. I always appreciate it. Bye, guys. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Trump tariffs: How much spice is behind the TACO trade
No, it's not burrito bowls on investors' minds after a whirlwind week for President Trump's tariff policies. The TACO trade — which stands for "Trump always chickens out" — is taking Wall Street by storm, characterized by the administration's constant back-and-forth on its import taxes levied against trade partners and other countries. Yahoo Finance senior columnist Rick Newman comes on Market Domination to talk more about this viral take. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Yahoo
2 days ago
- Business
- Yahoo
Investor playbook: 'TACO' trade gains steam but isn't foolproof
US markets (^GSPC, ^IXIC, ^DJI) are swinging on shifting trade signals and tariff uncertainty tied to President Trump's latest comments and legal setbacks. Yahoo Finance Senior Reporter Allie Canal breaks down how the so-called "TACO" trade ("Trump Always Chickens Out") is shaping investor sentiment and what to watch ahead of jobs data next week. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Sign in to access your portfolio
