The Wire
Jim Cramer's tech calls, like Micron and Intel, are missing far more than everything else
We pulled 23 of Jim Cramer's stock calls from late April through early July and checked the real numbers. His tech picks are down 7.2% on average with just 1 winner out of 10. His other calls are roughly flat, and just under half are green.
Hedge fund Point72 disclosed a stake in Freenome's SPAC merger, days before the vote got delayed (PCSC)
Point72's Steve Cohen disclosed a 5.7% stake in the SPAC merging with cancer-detection startup Freenome, right as the shareholder vote to close the deal got pushed back a week.
T1 Energy (TE) is down today while tech rallies. Here's why I added to my position anyway.
T1 Energy (TE) fell about 1% today while the Nasdaq and tech sector rallied. Short interest is high, a Fuzzy Panda short report is still unresolved, and there's unconfirmed chatter on X that Leopold Aschenbrenner sold his stake. I added to my position yesterday anyway. Here's why.
SK Hynix priced its Nasdaq debut 3.1% above Seoul, after demand ran 7 times oversubscribed.
SK Hynix guided its Nasdaq ADR offering to $149 each, a 3.1% premium to Seoul's close, after the book ran more than 7 times oversubscribed. Here's the math behind the premium and who anchored the deal.
A senator sold Apple and Nvidia in June. He bought Coherent and Micron instead.
Senator Sheldon Whitehouse's latest disclosure shows he sold Apple and Nvidia in late June, then bought Coherent and Micron the same week. Here's what the filing actually shows, and how each stock has moved since.
Chip stocks just had their best day in weeks. Meta and Amazon are both betting billions that AI compute demand isn't topping out (MU, WDC, META)
Micron, SanDisk, and Western Digital are having their best day in weeks. A week after a rumor said Meta had too much AI compute, Meta and Amazon both bet billions that demand is still growing, and Samsung's own record quarter couldn't shake investors until this week's data center news did.
What is an AI neocloud? CoreWeave (CRWV) and Nebius (NBIS), explained
Neoclouds like CoreWeave and Nebius buy GPUs with debt and rent out the computing power to AI companies. Here is how the business model works, and the risk built into it.
Meta said it had spare compute. Then it broke ground on a $9 billion data center in Canada (META, CRWV, NBIS)
A week after Meta's excess-compute cloud plan crushed the neoclouds, it broke ground on a C$13 billion, 1-gigawatt data center in Alberta, Canada. The demand is real.
China called Claude Code a security backdoor. Here's what it means for Anthropic's trillion-dollar IPO.
China's National Vulnerability Database called Anthropic's Claude Code a security backdoor, and Alibaba banned it. Amazon and Google's stakes in Anthropic already drive over half their quarterly profits, with a trillion-dollar IPO on the way.
Every trade a CEO makes in their own stock goes public within 2 days. Here's how to read a Form 4.
Corporate insiders must disclose their own stock trades within two days. Here's what a Form 4 actually shows, using two real filings, and why most insider selling isn't the warning sign it looks like.
The Nasdaq fell 8% when this war started, then blew past its old record high.
Iran escalated again today, and the Nasdaq is only down about 0.8%. This same war already showed the pattern once: an 8% drop in March, then a genuine record high by June.
Wall Street used to move the Kospi. This week, the Kospi moved Wall Street.
South Korea's Kospi tumbled into a bear market this week. Its relationship with Wall Street isn't a one-way street. It runs both directions, depending on where the shock starts.
TeraWulf, CoreWeave, and Nebius are having a big day. The stocks still mostly mining bitcoin are not.
TeraWulf, Nebius, IREN, CoreWeave, and five other AI infrastructure stocks are surging together Wednesday, while HIVE Digital and CleanSpark, the two names still mostly mining bitcoin, are red. The split isn't random.
Penguin Solutions (PENG) beat by 53%, dropped overnight on Iran news, then exploded 21% this morning
Penguin Solutions crushed Q3 earnings Tuesday night, then the stock faded, dropped below its pre-earnings price overnight as Iran ceasefire news hit futures market-wide, and finally broke out once regular trading opened Wednesday.
Oil spikes and stocks slide after new US strikes on Iran, but Nasdaq futures are already clawing back
New US strikes on Iran sent oil surging and helped drag the Dow, S&P 500 and Nasdaq lower on top of a Samsung-driven chip selloff. Hours later, Nasdaq futures were already recovering some of the loss.
What are stock futures, and what do they actually predict?
S&P and Nasdaq futures trade almost around the clock and set the tone before the opening bell. What a futures contract actually is, why tech futures swing harder, and how much you should trust them.
SharonAI (SHAZ) is down 13% today after a wild week. Here's what Leopold Aschenbrenner has disclosed since our last look
SharonAI (SHAZ) has moved from $85 to $68 to $80 to $70 in the week since our stake deep dive. A price update, plus a new filing showing Leopold Aschenbrenner's fund anchoring SK Hynix's Nasdaq debut.
IBM (IBM) is up almost 12% this week while chip stocks get hit. Here's why.
IBM has closed higher four straight sessions and is up again today, even as Samsung's earnings reaction and a broader chip selloff hit Micron, SanDisk, and Penguin Solutions. A BofA upgrade, a quantum computing milestone, and a new mainframe launch all landed within 48 hours.
Penguin Solutions (PENG) beat earnings for a seventh straight quarter and raised its outlook
Penguin Solutions (PENG) beat earnings for a seventh straight quarter, posting record $479 million in sales and $0.84 EPS, and raised its full-year outlook again. Shares fell in the regular session before jumping in after-hours trading on the beat.
What is the VIX? The market's fear gauge, explained
The VIX measures how much movement options traders expect in the S&P 500, not which direction it moves. Here is what counts as low or high, how investors actually use it, and the real risks in trying to trade volatility directly.
A week ago I called my SK Hynix (SKHY) trade. I sold the $190 spike and bought the $154 dip.
David Han laid out a specific SK Hynix (SKHY) trade theory on July 7: a debut spike, Micron riding the sympathy wave, then a memory selloff as the excitement drained out. A week later it mostly played out, and he sold SKHY near $190 and bought back at $154. The original call is left exactly as written.
SK Hynix's $28 billion Nasdaq debut names Leopold Aschenbrenner's fund as a cornerstone investor
SK Hynix's record roughly $28 billion Nasdaq listing (SKHY) drew a cornerstone commitment from Leopold Aschenbrenner's Situational Awareness fund. The twist: the fund's single biggest disclosed position is a bet against the chip sector, which makes an anchor check into a memory chipmaker the story worth watching.
Samsung's record beat couldn't stop a memory stock selloff, and Micron (MU) is caught in it
Samsung posted a record 89.4 trillion won ($58.5 billion) Q2 operating profit, up 18-fold year over year, and the stock still opened lower. Memory names like Micron, SanDisk, and Western Digital are down sharply while the broader Nasdaq 100 barely moved. This is still developing after-hours and can change fast.
TeraWulf (WULF) spiked 18%, then gave most of it back: sell the news, buy the rumor
TeraWulf (WULF) opened up 14% and spiked as high as $25.04 on a $19 billion Anthropic lease, then gave back nearly 70% of that gain by early afternoon. Here is how the short interest and the deal math explain the fade.