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JPMorgan strategists say some big hedge-fund groups took heavy hits in the July tech selloff, and they may be buying far less of those stocks going forward.
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Dow futures inch higher after blue-chip index posts new record close: Live updates CNBCUS stocks hold near records on hopes of an agreement with Iran AP NewsS&P 500 Churns After $3.7 Trillion Rally to Record: Markets Wrap Bloomberg.comStock Market News, August 5, 2026: Nasdaq Falls After Morning Rally, SpaceX Slumps WSJ
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Asian tech stocks drop with SK Hynix plunging 10% after Wall Street AI names fall CNBCAsia shares fall on tech pullback, oil stable as Iran talks stay in focus ReutersAsian shares are mostly lower as Kospi falls 4% and tech giants decline on Wall Street WRALOil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits Yahoo Finance
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Ken Griffin's hedge fund made billions last week after it bought the bulk of Situational Awareness's stock book
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Morgan Stanley expects $64 billion in capital spending from SpaceX this year. The company is dramatically ramping up AI investments.
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