The AI ‘bottleneck trade’ has run its course, says this hedge-fund manager and early SpaceX investor

by News Feed Editor | Jun 16, 2026 | Stock Market

One hot AI trade that is starting to wind down is the “bottleneck trade,” says Altreides Management managing partner Gavin Baker Article Attribution | Read More at Article Source

Chip index’s climb is giving fund managers a fear of heights, Bank of America finds

by News Feed Editor | Jun 16, 2026 | Stock Market

Despite some warning signals from inflation and the direction of travel for Kevin Warsh, fund managers seem reluctant to reduce exposure but Michsael Hartnett expects some chips to be taken off the table over the quieter summer months ahead. Article Attribution | Read...

SpaceX set to overtake Amazon as the fifth-largest company in the world. Now it’s closing in on Microsoft.

by News Feed Editor | Jun 16, 2026 | Stock Market

The Elon Musk-led company announced that it plans to follow through on an option that allows it to purchase AI startup Cursor. Article Attribution | Read More at Article Source

Micron and Sandisk shares are phenomenally ‘overbought.’ Are memory stocks flying too close to the sun?

by News Feed Editor | Jun 16, 2026 | Stock Market

Booming AI demand has sent Micron and Sandisk shares far into overbought territory, but historic hardware backlogs are sustaining a rally. Article Attribution | Read More at Article Source

A veteran investor is kicking Tesla out of the ‘Magnificent Seven’ — replacing it with this tech giant

by News Feed Editor | Jun 16, 2026 | Stock Market

T. Rowe Price fund manager David Giroux says Big Tech isn’t in a bubble, but there’s value in healthcare and utilities. Article Attribution | Read More at Article Source

Robinhood is cutting 10% of its jobs to keep a ‘high performance culture’

by News Feed Editor | Jun 16, 2026 | Stock Market

Robinhood’s stock, already riding a four-session winning streak, looked to continue its climb. Article Attribution | Read More at Article Source