Podcasts about Semis

In this episode, Ben and Jay analyze the latest developments in the semiconductor industry, focusing on TSMC, ASML, Air, and the broader market implications of AI and chip manufacturing advancements. They explore how these trends impact supply chains, CapEx, and future growth prospects.Key Topics:TSMC's CapEx increase and demand signalsASML's capacity expansion and high NA EUV technologyAir's role in semiconductor testing and optical advancementsMarket sentiment and investor rotation in semiconductorsThe impact of AI on chip demand and manufacturing

Crossmark Global CEO Bob Doll says the S&P 500's (SPX) recent calm masks significant rotation beneath the surface, particularly within technology stocks. He discusses taking profits in semiconductor names, finding opportunities in oversold software companies, and explains how rising yields, persistent inflation, and higher oil prices could create headwinds for equities.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Dave and Jon look at the semis and final action tomorrow on the ATP Tour Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks fell on Thursday as a sell-off in technology stocks overshadowed a raft of solid earnings reports.The S&P 500 lost 0.51% and ended at 7,533.77, while the Nasdaq Composite declined 1.47% to 25,881.95. The tech-heavy major averages struggled with weakness in semiconductors. The Dow Jones Industrial Average shed 105.67 points, or 0.20%, and closed at 52,552.97.Chip stocks slid after Taiwan Semiconductor posted an increase in its spending forecast, which overshadowed a better-than-expected second-quarter report. The company expects capital expenditures to clock in between $60 billion and $64 billion for the year, up from a prior guidance in the range of $52 billion to $56 billion. The stock lost more than 2%. The VanEck Semiconductor ETF (SMH) slid almost 4%, led by a more than 5% drop in Arm Holdings. Shares of Micron Technology and Advanced Micro Devices were also lower by more than 5% each. Broadcom was off 5%. The U.S.-listed shares of SK Hynix slid more than 13%.SPI down 15 - Gold drops - Oil flatMarcus Today – Daily Market InsightsMarcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise.If you'd like to go further:Start a free 14-day trial of Marcus Today http://bit.ly/mt-trial-podcastJoin Marcus Today Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offerMT20 – Managed ETF Portfolio A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcastPrinciples – How We Think About Investing A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast—Disclaimer This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.

In this electric live reaction episode of The Cooligans, Christian Polanco and Alexis Guerreros broadcast straight from Dallas, Texas, to break down Spain's masterclass 2-0 victory over France in the World Cup semifinals. The guys dissect an astonishingly clinical Spanish performance that completely neutralized the French powerhouse, restricting them to zero shots on target in the first half and a measly 0.3 XG over the entire match. They evaluate the major fallout of the result, including the end of Didier Deschamps' historic cycle as France manager, a devastating non-contact back injury to William Saliba, and how Lamine Yamal's unassuming brilliance consistently unhinged France's defense. Arsenal and England legend Ian Wright joins the show to share his emotional experiences traveling across America during the tournament and running his grassroots Airbnb training experiences. Wrighty delivers pure entertainment as he recounts a hilarious story of accidentally headbutting a broadcast trailer wall while passionately watching Arsenal. Transitioning to elite tactical analysis, the legendary forward provides an invaluable striker clinic for USMNT's Folarin Balogun, laying out the exact micro-adjustments needed to take fewer touches, tighten up movement inside the box, and reach a world-class international status. He also weighs in on the controversy surrounding Erling Haaland's disallowed goal for Norway and fiercely defends Jude Bellingham from out-of-context post-match media spin. Finally, the hosts pivot to the remaining blockbuster semifinal fixture: a highly anticipated, historically charged showdown between England and Argentina. Christian and Alexis debate England's heavy reliance on Bellingham and Harry Kane, look at how Tottenham's Cristian "Cuti" Romero transforms into an absolute beast when wearing his national team colors, and analyze whether Enzo Fernández can control the tempo of the midfield. The episode wraps up with official score predictions, debating whether Lionel Messi's veteran squad will succumb to exhaustion or if the Three Lions will march into the final. Timestamps: (00:00) — Spain Clamps Down France 2-0 in the Semifinals (04:00) — The Deschamps Era Ends: France's Shotless Collapse & Saliba's Back Injury (13:22) — Player of the Match & The Unassumingly Devastating Lamine Yamal (22:16) — Special Guest Ian Wright: Emotional US Fan Culture & Trailer Headbutts (31:45) — Striker Clinic: Ian Wright's Masterclass Advice for USMNT's Folarin Balogun (36:43) — The Haaland "Assault" Controversy & Protecting Jude Bellingham from Media (44:10) — Semifinal Powder Keg: England vs. Argentina Lineup Debates & Official Score Predictions Subscribe to The Cooligans on your favorite podcast app:

Our CIO and Chief U.S. Equity Strategist Mike Wilson discusses where investors may find opportunity beyond the AI sector and risks that could slow market gains.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll be discussing our broadening thesis and the near-term risks to monitor. It's Tuesday, July 14th at 11:30 am in New York. So, let's get after it. The broadening trade is now playing out. It's showing up in stock prices, relative performance and earnings revisions. It's also making investors question the sustainability of the most crowded areas of the market, and consider other near-term risks. I first made the broadening call late last year based on my view that the economy had entered a new expansion after completing the rolling recession in April of 2025. In a new expansion, earnings growth tends to be much better than expected because revenue growth returns to companies that have already become more cost efficient. That's classic operating leverage. The market began to anticipate that dynamic late last year, but then the Iran conflict interrupted the move. Oil surged, rate-cut expectations disappeared, and investors crowded back into the most obvious AI capex beneficiaries led by semiconductors and memory, in particular. Since mid May, that interruption has faded with oil prices falling sharply and the broadening trade has begun to work again. Importantly, the market is not abandoning AI. It is simply rotating within AI and beyond AI. And that distinction matters. Semiconductors have had a historic run, supported by earnings revisions. But even great stories get exhausted in the short term. When earnings revisions breadth is pressing against historical highs and the trade becomes one of the most crowded areas of the market, the bar for upside gets very high. At that point, the issue is not whether the story is good. The issue is whether the rate of change can keep improving. That is a very different question. The underperformance of the hyperscalers was probably the first warning sign. Semis depend on hyperscaler capex. So when the spenders start lagging the beneficiaries, that divergence usually resolves one way or another. And now we're starting to see it. Meta's decision to sell excess capacity to outside customers may not mean the AI capex cycle is over. But it does tell you the market is beginning to ask harder questions about the path and pace of that spending. Credit spreads and stock prices of these hyperscalers provide the feedback loop to managements that maybe they should curtail the pace of spend. We've had multiple corrections inside this AI cycle already. This looks like another one – not the end of the cycle, but a reset. That reset is what gives the rest of the market room to work. Our preferred ways to express the broadening remain Consumer Discretionary Goods, Transports, and Biotech. These are not the areas investors have been excited about. In fact, positioning and sentiment remain subdued. But that's exactly why I like them. The risks to the story in the short term are two-fold. First, uncertainty about the full re-opening of the strait remains high, with pivots on both sides. This is keeping oil prices volatile in the short term even if the primary trend remains lower. Second, interest rate volatility is picking up again with the entire curve shifting higher in both nominal and real terms. If this doesn't stabilize, it will have a negative impact on stocks both at the index level and even for stocks that should benefit from our broadening call. With the inflation data coming in today softer than expected, this should reduce some of the recent upward pressure on rates. However, the new Fed Chair and board remain resolute to make sure inflation doesn't rear its head again. In the end, dealing with this risk up front is a good thing in my view even if it means uncertainty for markets. Bottom line, equity markets have been consolidating and correcting for the past several months. This is the result of the peak rate of change in earnings revisions and a reaction function shift at the Fed to focus more on the inflation mandate than growth. With the recent rollover in semiconductors, heavy supply of equity and credit issuance, and a transition of leadership at the Fed, expect more volatility and corrective activity in stocks before the next leg of the bull market resumes. Don't chase momentum. Instead, add to risk on down days to areas that will benefit from a broadening in the economy and earnings growth. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

00:00 Reviví03:21 El principio del fin de la Copa del Mundo08:43 ¿Hasta cuándo veremos a la novena?16:14 La posible revancha20:59 El peso de la historia23:19 Son campeones, pero no siempre llegan hasta aquí25:45 El segundo mejor equipo de América en el Mundial27:44 Se fueron los países invictos del Mundial28:56 ¿A qué va a jugar Francia?37:22 ¿Cómo vamos con el podcast?

Dirt finds himself in the middle baby mania with his family...Sprague wonders about proper golf tournament etiquette...WC Semifinals all set, who's gonna win, who are we rooting for? and are the Blazers moving on from Yang?

Stephen Goldsmith and Richard Easterbrook bring you another close season chat as they discuss the new Sunderland AFC membership tier and what it could mean for supporters; we briefly discuss a transfer target of the club; then take a look at England's World Cup semi-final against Argentina. Hosted on Acast. See acast.com/privacy for more information.

This week's Madden Monday podcast looks at some declining Steelers defenisve players, the Pirates sweep of Milwaukee, the Jason Robertson chatter and the World Cup final four. Learn more about your ad choices. Visit megaphone.fm/adchoices

No Futebol No Mundo desta segunda-feira (13), nossos comentaristas repercutem as expectativas sobre as semifinais da Copa do Mundo, que acontecem nesta terça e quarta. Vem com a gente! Learn more about your ad choices. Visit podcastchoices.com/adchoices

No Linha de Passe deste domingo (12), nossos comentaristas analisaram tudo da reta final de Copa e avaliaram o peso das semifinais com quatro gigantes. Vem com a gente! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Max Rushden is joined by Barry Glendenning, John Brewin, Lars Sivertsen and Leander Schaerlackens as England beat Norway 2-1 in extra time to set up a semi-final against Argentina. Help support our independent journalism at theguardian.com/footballweeklypod. Watch us on YouTube: https://www.youtube.com/@FootballWeeklyPodcast

In this electric, late-night episode of The Cooligans After Dark, Christian Polanco and Alexis Guerreros fire up the microphones live from Miami to unpack a chaotic day of World Cup quarterfinal action. The guys kick off with Argentina's high-stakes 3-1 victory over Switzerland, a match far tighter than the final scoreline suggests. They dive headfirst into the massive refereeing controversy surrounding Breel Embolo's game-altering second yellow card for simulation. Spurred by the new "mistaken identity" VAR protocol, the hosts engage in a fierce debate over whether video review belongs anywhere near yellow cards, while praising a clutch, world-class brace from Julián Álvarez that saved an exhausted, human-looking Lionel Messi against a disciplined Swiss squad anchored by a legendary Granit Xhaka. The theater only intensifies as the guys shift focus to the watch party tour's very first extra-time thriller: England's dramatic 2-1 triumph over Norway. Alexis and Christian tackle a double dose of tournament controversy, starting with Erling Haaland's disallowed go-ahead goal that was nullified by a highly questionable, soft defensive flop. They then dissect Jude Bellingham's crucial equalizer, which was clouded by allegations that a Norwegian goal kick struck an overhead skycam cable—a claim the players explicitly pointed out but FIFA's advanced ball sensors conveniently denied. To close out the night, the hosts look down the bracket to preview the titanic semifinal matchups ahead. Christian and Alexis trade tactical blueprints and drop official score predictions for the highly anticipated Spain vs. France heavyweight bout. Finally, they map out the psychological warfare and massive historical narratives set to collide when the Three Lions meet Argentina with a spot in the World Cup Final on the line. Timestamps: (00:00) — Cooligans After Dark: Live from Miami & Tense Argentina vs. Switzerland Reactions (02:53) — The Embolo Red Card Controversy: Is VAR Ruining Yellow Cards? (17:38) — Julián Álvarez Saves Argentina: Player of the Match Breakdown (31:57) — England vs. Norway: The Soft Haaland Foul That Erased Norway's Lead (35:22) — The Cable of God: Jude Bellingham's Goal & The FIFA Sensor Conspiracy (41:34) — Midfield Royalty: Bellingham's Iconic Masterclass vs. Gassed Haaland (52:53) — Semifinal Previews & Predictions: Spain vs. France & The Argentina vs. England Powder Keg Subscribe to The Cooligans on your favorite podcast app:

England and Argentina to meet in semi-final. Norway and Switzerland out of the FIFA World Cup 2026™ tournament. England win after a 2-1 extra-time win against Norway, double from Jude Bellingham. Argentina beat Switzerland 3-1 in extra-time. A couple of controversial VAR reviews in both quarter final matches. A red card for Switzerland's Breel Embolo, who became the first player sent off under FIFA's new mistaken identity law, after a VAR review. Erling Haaland leaves the tournament with pride for the next generation. Join your host Haylena Krishnamoorthy for this episode of World Cup Daily | The 90+ Podcast, as she talks to former Central Coast Mariners coach and Sydney Football Club assistant Phil Moss, to break down the England-Argentina match. World Cup Daily | The 90+ Podcast is SBS's daily FIFA World Cup 2026™ podcast covering the biggest stories on and beyond the pitch.In this episode:England and Argentina to meet in semi-final. Norway and Switzerland out of the FIFA World Cup 2026™ tournamentEngland win after a 2-1 extra-time win against Norway, double from Jude BellinghamArgentina beat Switzerland 3-1 in extra-timeA couple of controversial VAR reviews in both quarter final matchesA red card for Switzerland's Breel Embolo, who became the first player sent off under FIFA's new mistaken identity law, after a VAR reviewErling Haaland leaves the tournament with pride for the next generationFrom unforgettable moments, match highlights, emerging stars, FIFA politics, major controversies and the stories shaping the tournament, The 90+ brings you the key talking points from the FIFA World Cup 2026™ every day.For more on this series, follow The 90+ Podcast.Get daily updates on the SBS News website and follow SBS Sport on YouTube, TikTok, X, Instagram and Facebook for all the latest from the FIFA World Cup 2026™.The FIFA World Cup 26ᵀᴹ kicks off on June 12 (AEST) - with coverage starting for the tournament opener between Mexico and South Africa from 4am (AEST) - and will be an exclusive broadcast on SBS in Australia.You can watch all 104 matches of the FIFA World Cup 2026™ live, free and exclusive on SBS, SBS VICELAND and SBS On Demand.

Sunday, July 12: World Cup Today Semis are set by FiredUp Network

Güiri Güiri al Aire, sábado 11 de julio del 2026

Max Rushden is joined by Barry Glendenning, John Brewin and Nicky Bandini as Spain win it late on against Belgium and to preview England v Norway.. Help support our independent journalism at theguardian.com/footballweeklypod. Watch us on YouTube: https://www.youtube.com/@FootballWeeklyPodcast

La selección española se mete en semifinales del Mundial 2026 después de vencer a Bélgica gracias a un gol de Mikel Merino. 

Alexi Lalas and David Mosse are back with a new episode of State of the Union! Today, we break down France's tidy 2-0 win over Morocco which saw Les Bleus advance back into the semifinals for the FIFA World Cup™. Alexi and Mosse discuss if we are seeing Kylian Mbappé become the greatest World Cup player ever before our very eyes and if France have established themselves as the predominant soccer nation in the world. After, we discuss the criticism that Christian Pulisic has been receiving in the wake of the USA's loss to Belgium and if it is fair or not before previewing Spain vs Belgium. We end the show with Alexi's Moment of the Day. Presented by Zillow #Zillow 2:16: France eliminate Morocco 2-0 15:50: Is the criticism of Christian Pulisic fair? 23:45: Steve Cherundolo named USA Men's U-23 team manager 28:51: Previewing Spain vs Belgium 31:45: Alexi's Moment of the Day Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this high-energy live reaction episode of The Cooligans, Christian Polanco and Alexis Guerreros broadcast live from a remarkably humid Miami to break down Spain's dramatic 2-1 victory over Belgium in the World Cup quarterfinals. The guys dissect an unpredictable game of two halves that saw a cagey opening explode into a chaotic, vibe-driven second period. They analyze Belgium's impressive defensive resilience and Charles De Ketelaere's shocking header that broke Spain's clean-sheet streak, all before a devastating gluteal injury forced world-class Belgian goalkeeper Thibaut Courtois out of the match. The hosts heap praise on Spanish midfielder Mikel Merino, dubbed the squad's ultimate closer, who stepped onto the pitch and scored the game-winning goal just three minutes later. They weigh the post-match fallout of the result, reflecting on the poignant international retirement of Belgian maestro Kevin De Bruyne. The conversation highlights a fiery "Stock Up" and "Stock Down" segment, evaluating Lamine Yamal's performance under constant double-teams against an erratic outing from Spanish goalkeeper Unai Simón and a disappointing shift from Jeremy Doku. Alexis also leverages Belgium's competitive display to launch a passionate critique of the structural flaws, pay-to-play dynamics, and developmental discrepancies holding back U.S. Soccer. Looking ahead to the next phase of the tournament bracket, the guys preview a monumental semifinal heavyweight clash between Spain and a relentless France team. They also cast their eyes toward the remaining high-stakes quarterfinal matchups. Christian and Alexis debate whether Erling Haaland and Martin Ødegaard can exploit an injury-hampered England backline, and map out tactical expectations for a highly physical battle between Switzerland—led by Granit Xhaka and Swiss-Dominican hero Ruben Vargas—and Lionel Messi's resilient Argentina squad. Timestamps: (00:00) — Live from Miami: Spain 2-1 Belgium & KDB's Final International Match (02:18) — Courtois' Butt Injury Chaos & Mikel Merino: The Ultimate Box Office Closer (05:06) — The Lamine Yamal Double-Team Tactics & De Ketelaere's Market Value Boost (16:41) — Stock Market: Ruiz & Yamal Trend Up, Unai Simón & Jeremy Doku Slide Down (22:20) — Semifinal Blockbuster Preview: Can Spain Outscore the French Freight Train? (27:11) — England's Heavy Favoritism vs. Haaland's Familiar Norway (37:01) — Argentina vs. Switzerland: Ruben Vargas' Dominican Hype, Granit Xhaka & Official Tournament Grades Subscribe to The Cooligans on your favorite podcast app:

Phil Egan is joined for Friday's World Cup Daily as France book their place in the semi-finals with a 2-0 win over Morocco in Boston, with Kylian Mbappé playing down talk of them being favourites.We look ahead to tonight's quarter-final as Spain face Belgium, with Thibaut Courtois embracing the underdog tag, and there's also the latest from England and Norway ahead of tomorrow's clash, including fitness concerns for Thomas Tuchel.Plus, a busy night for the League of Ireland in Europe: Bohemians take a 2-0 lead into their trip to St Joseph's, while Derry City still have plenty to play for in the Brandywell after a 3-2 defeat in Sofia.World Cup Daily on Off The Ball, brought to you by Lynx, “A Proud Sponsor of the FIFA World Cup 2026”. Smell Your Best When You Look Your Worst.Become a member and sign up at offtheball.com/join

Escuchamos a los protagonistas y comentamos la victoria de Francia sobre Marruecos con Álvaro Benito y el resto de nuestros analistas. 

Resumen de noticias de LA NACION de la mañana del viernes 10 de julio de 2026

Kris, Jez and Phil look back on thequarter-final win over Morocco. More golden touches from the forwards and a serene evening at the back!

Güiri Güiri al Aire, viernes 10 de julio del 2026

Welcome to the VRA Investing Podcast! In today's episode, Tyler Herriage breaks down the latest rebound in the markets after a volatile stretch, with a special focus on tech and semiconductor leadership. We'll explore what's driving the turnaround, why the so-called “AI bubble” is fundamentally different from the dot-com era, and how insider activity and major fund flows are shaping the market's next move. Plus, get insights on market internals, sector performance, commodity trends, and what to expect as we head into Q2 earnings season. Whether you're a seasoned investor or just getting started, Tyler Herriage brings you timely analysis and actionable takeaways to help you navigate today's fast-moving markets. Let's dive in!

Tapt Media's Tennis Correspondant Craig Gabriel reports from Wimbeldon where Jannik Sinner has shrugged off hot conditions to win his match in straight sets. See omnystudio.com/listener for privacy information.

Gene Zannetti talks with Utah sophomore state champion Uriah Anderson about how the biggest shift was taking the pressure off himself and stopping the need to prove something to his parents, using a double handshake as his reset button between periods, and beating a returning state finalist in the semis by staying loose and having fun in the match.Timestamps:1:17 - Reset button: double handshake between periods to refocus2:04 - Semis against a returning state finalist came down to wanting it more and having fun5:11 - Thought it was stupid at first but six months in started to fully trust his coach7:53 - Calisthenics over lifting, wants to control his body like Jack Forest

SUBSCRIBE to our newsletter: http://riskreversal.substack.com/ Dan Nathan, Guy Adami & special guest John Butters break down the top market headlines and bring you stock market trade ideas for Tuesday, July 7th. -- Learn more about FactSet: https://www.factset.com/lp/mrkt-callFollow us on Twitter @MRKTCallFollow @GuyAdami on TwitterFollow @CarterBWorth on TwitterFollow us on Instagram @RiskReversalMediaLike us on Facebook @RiskReversalWatch all of our videos on YouTube Learn more about your ad choices. Visit megaphone.fm/adchoices

Iran's IRGC fired at least two missiles at ships in the Strait of Hormuz, Axios reported, citing a US official. It was separately reported that one was a Qatari LNG tanker. Brent Sept'26 +1.2%.Fars reported that the Qatari tanker attempted to pass through the Omani route and ignored repeated warnings.Iranian Foreign Minister Araghchi said negotiations on a final deal will not commence if threats continue.Global tech stocks fall after Samsung Electronics (-6.9%) shares plummeted post-earnings; NQ -1%.DXY is incrementally firmer, JPY marginally outperforms after a Japanese official pushed back on reports that the government is urging the BoJ to lower interest rates.Looking ahead, highlights include US ADP Employment Change Weekly, Trade Balance (May), New York Fed SCE (Jun), Atlanta Fed GDP (Q2), Canadian Trade Balance (May), Ivey PMI (Jun), EIA STEO (Jul), NATO Ankara Summit. Supply from the US. Speakers include BoE's Mann.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

A changing macro backdrop is creating new opportunities across the equity market. Our CIO and Chief U.S. Equity Strategist Mike Wilson looks at what's driving the shift and where it may lead next.Read more insights from Morgan Stanley.----- Transcript ----- Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast I'll discuss why I think the broadening out in equity markets can continue. It's Monday, July 6th at 11:30 am in New York. So, let's get after it. Let's talk about a market dynamic that's becoming harder to ignore. The broadening trade is back, and it's gaining momentum partly because one of the most crowded areas of the market – Semiconductors – is finally starting to lose some of its own. To be clear, this doesn't mean the AI cycle is over. However, trends don't move in straight lines, and leadership can ebb and flow; especially if there are fundamental reasons supporting it. In fact, we've seen this happen several times already over the past couple of years with the hyperscalers and semiconductors ebbing and flowing. This is based on positioning, the rate of change on expectations for capex and the returns on that capex. Meanwhile, our broadening call goes back to last November. Back then, we argued the economy had entered a new expansion after the rolling recession ended in the April of 2025. That view was based on a classic early-cycle setup where revenue growth returns to companies that had become cost efficient. That is the definition of operating leverage and that always leads to better than expected earnings growth – the core differentiation to our original outlook this year. The market started to discount that broadening late last year and into early this year. Then, the Iran war interrupted it. Oil prices surged, and the bond market went from pricing Fed cuts to pricing hikes, and investors crowded back into the obvious AI capex winners – especially Semiconductors. That made sense for a while. The revisions in Semis were spectacular. But when earnings revisions breadth gets pressed against historical extremes, the question becomes less about whether the story is good and more about whether the rate of change can keep improving. That's a much higher bar. And over the past few weeks, the market seems to be asking that question with semiconductor stocks fading. The underperformance in the hyperscalers was probably the first signal. Semis depend on hyperscaler capex, so when the spenders start to lag the beneficiaries, that divergence can't last forever. It usually ends up reconciling with hyperscalers' tempering capex guidance or indicating they are more focused on getting a return on that investment. META's announcement last week that it would begin selling excess capacity to outside customers fits right into that discussion. It doesn't kill the AI buildout, but it does change the market's perception of how linear that buildout will be. What matters for investors is how they should trade it. First, the market should continue to broaden out. Second, we continue to favor Consumer Discretionary Goods, Transports, Regional Banks, and now Biotech as part of that rotation. Discretionary Goods remains the cleanest expression, in my view, because the wallet-share shift from services back to goods is underway, goods pricing is improving, oil prices have fallen, and earnings revisions are strengthening. Transports are also showing better revisions, and Regional Banks still benefit from the broader recovery, improving loan growth dynamics and our call for a re-steepening of the yield curve. Biotech deserves more attention here, too. It is also one of the most rate-sensitive areas of the market, and our work shows it has historically done very well in falling-rate regimes. If the market's policy expectations are too hawkish – and I think they are – then Biotech offers an attractive risk-reward setup, particularly with an M&A cycle that continues to build. The Fed is part of this story as well. Chair Warsh's comments last week that inflation risks have come down should matter, especially after the weaker labor data that came out Thursday. The market had become too hawkish on policy. If falling energy prices and contained core inflation allow the Fed to stay on hold rather than hike, that should help lower rate expectations and further support broader leadership in equity markets. Bottom line, the major averages may stay choppy because Semis are a large part of the index and crowded. But, the message is improving beneath the surface. The broader market performance indicates a broader economic and earnings recovery may just be beginning. The best news is that this view is still out of consensus, which means the opportunity for investors remains significant. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!

In this episode of Last Call, we look back at June 2026 and break down the biggest market stories shaping investors' outlook for the second half of the year. Matt Zeigler and Jack Forehand are joined by Andy Constan, Ben Hunt, Brent Kochuba and Eric Pachman to discuss the SpaceX IPO, AI and semiconductor cyclicality, Fed credibility, options flows, labor market quality, crack spreads and inflation risk.Follow Last Call on Spotify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow Last Call on Apple Podcasts⁠Main topics coveredWhy the SpaceX IPO became the biggest market story of the monthHow index flows, ETF buying and hedge fund positioning shaped SpaceX tradingAndy Constan on why future earnings growth may be oversubscribed across AI stocksWhy AI spending is benefiting semiconductors, memory and chip equipment companiesThe Fab Five companies behind semiconductor capacity and why they matterBen Hunt on Fed credibility, market narratives, gold, the dollar and trustBrent Kochuba on options flows, correlation risk and volatility spasms in tech stocksWhy short-term options volume may signal excess speculation in QQQ and AI stocksHow SpaceX options trading changed after the first wave of retail excitementEric Pachman on why headline job growth may hide weakness in wages and job qualityWhy crack spreads, refining constraints and oil logistics may matter more for inflation than crude prices aloneWhat investors should watch next in AI, semiconductors, memory, innovation and market cyclesTimestamps00:00 Intro01:02 Matt and Jack introduce Last Call and the June market review03:05 Why SpaceX dominated the month and how the IPO traded after opening07:33 Andy Constan on Fab Five Freddy eating the semis10:35 Why future earnings growth may be oversubscribed across the stock market13:35 How AI compute spending flows through chips, fabs and semiconductor equipment17:45 Are parts of the semiconductor market showing signs of an earnings bubble?20:12 Ben Hunt on the Fed credibility chart that surprised him23:50 Why Fed credibility, Sell America, gold and the dollar are connected29:48 Brent Kochuba on options flows behind AI stocks, semis and SpaceX33:36 Why semiconductor volatility may be warning of a short-term reset38:46 What SpaceX options trading says after the initial surge42:12 Eric Pachman on jobs, wages and what the Fed may be missing48:24 Why crack spreads matter for oil, refining, gas prices and inflation55:28 What to watch next in AI, semiconductors, memory demand and market cycles59:01 Why efficiency, competition and cyclical thinking matter for AI investors01:03:02 Matt and Jack close the episodeNo information on this podcast should be construed as investment advice. Securities discussed in the podcast may be holdings of the firms of the hosts or their clients.

Investors weigh cooling rate pressures, AI investment and sector rotation. Torsten Slok, Chief Economist at Apollo, argues AI remains the biggest long-term risk to the economy while a softer jobs report eases pressure on the Fed. The show also examines what the data could mean for Fed Chair Kevin Warsh and the path of interest rates. Brett Winton of ARK Venture Fund explores reports that the government could take a stake in OpenAI and discusses what greater public involvement would mean for the AI race. The episode also examines the political implications surrounding AI policy and regulation with CFR's Jonathan Hillman. Barbara Doran of BD8 Capital and Bob Elliott of Unlimited debate whether the market's rotation has staying power and where investors should position next. Plus, our Phil LeBeau breaks down the state of the electric vehicle market after Tesla's stock sold off following its latest delivery numbers. The episode closes with a look ahead at the next catalysts driving markets. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

https://garykaltbaum.com/ The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or BizTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing. 

The first half of the year ends with chips and semiconductors soaring and software sinking. How the Magnificent 7 can stay afloat after the major software losses, and if gains in the chip and semi space will continue in the second half. Then, Neuberger senior research analyst Kevin McCarthy lays out what's next for Nike after its fourth-quarter earnings results, and if investors are running to other discretionaries. Plus, Bitcoin on track for its lowest levels since 2024, the trillion-dollar defense industry, and telecom trading at near-two year lows. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Semis closing out their best quarter ever - and the Nasdaq's best in years: Carl Quintanilla, Leslie Picker, and David Faber broke down what comes next for the group with Citi's top equity strategist and talked regulation with Alex Stamos, former security chief at Facebook. Plus: details on more key decisions out of the Supreme Court on campaign finances and birthright citizenship... along with a live interview you don't want to miss spanning inflation, rates, and more - with FOMC voting member and Cleveland Fed president Beth Hammack.  Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

https://garykaltbaum.com/ The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or BizTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.

In today's episode, Tyler recaps a fantastic Q2 for our markets and gives a glimpse into what we can expect for the second half of 2026. He covers another round of all-time highs from the Dow, and dives into the latest on money supply, liquidity, and why this environment still favors owning inflationary assets. Tune into today's podcast to learn more.

Europe's equity rally has surprised many investors. Our Europe Head of Research Product Paul Walsh and Chief European Equity Strategist Marina Zavolock discuss potential outcomes of the broadening market.Read more insights from Morgan Stanley.----- Transcript -----Paul Walsh: Welcome to Thoughts on the Market. I'm Paul Walsh, Morgan Stanley's Head of Research Products here in Europe. Marina Zavolock: And I'm Marina Zavolock, Chief European Equity Strategist. Paul Walsh: And today, we're looking at whether European equities have more room to broaden – as markets assess the implications of a potential U.S.-Iran deal and a reopening of the Strait of Hormuz.It's Monday, June the 29th at 10am in London. Marina, it's always great having you on. And for our listeners out there, I think they'd be interested to hear that if we look at Europe's performance year-to-date, it's now on a par to the S&P. So, both indices are up somewhere between 7 and 8 percent year-to-date. So, Europe is starting to stage something of a comeback from the conflict lows. And so, what's driving this? And are we beginning to see inflows into Europe again? Marina Zavolock: So, I'm going to give a two-part answer to this. Firstly, Europe has a lot of the same exposure as the U.S., so that is part of the reason… I know that Europe has this kind of reputation for not having a lot of tech exposure; but we do have tech exposure… Paul Walsh: We do. Marina Zavolock: Not to the same degree as the U.S., but, let me just give you some numbers here. So, we have a number of sectors heavily exposed to the AI CapEx boom. These are led primarily by the semis sector in Europe, tech hardware, cap goods, and metals and mining; specifically, copper has a link to AI as well. And those sectors, let's say roughly they make up at this point about 15 percent weight of our index. And if you look at that year-to-date performance that's on par with the U.S., almost 90 percent of it is made up from these sectors.Paul Walsh: Yes. Marina Zavolock: So, these sectors have moved just as aggressively as many of the AI pockets within the U.S. That's the answer that's kind of similar to the U.S. The answer that's a bit different is that we get from time to time, over the years actually, but we had a very big one earlier this year. We get these waves of interest in Europe because investors start to think about diversification. So… Paul Walsh: That's right. The broadening. Marina Zavolock: Yes. So, they... And we've called for broadening recently on the back of this, Iran-U.S. MOU. But this broadening has other drivers as well. So when we felt this wave of interest in diversification, and we saw the flows coming into Europe earlier this year, the driver was initially because the Mag7 was kind of going choppy and sideways. So, that just drove diversification out of Mag7 and into equal-weighted S&P, but that also always benefits Europe. Or tends to benefit Europe. But also, we had this wave of interest in real assets earlier this year; and Europe has a higher share of real assets than the U.S. Now, at this moment, I am sensing that we are getting that pickup in broadening interest once again from my feedback with investors. You had this MOU, which was the initial trigger. You have oil prices, broadly, they're falling. That's helpful as well. But I think the biggest driver of what's driving this diversification interest at this moment is actually the volatility that we're seeing in the AI complex. Paul Walsh: Mm. Marina Zavolock: So, what a lot of the feedback I'm getting these days from investors that are coming back to Europe after focusing primarily on the U.S. is, ‘Look, I have a lot of AI in my portfolio. I like my AI exposure. I'm not looking to get rid of it or to sell it, but incrementally, I'm a little bit worried about this volatility. And I'm looking to broaden my exposure. What do you like in Europe to help me diversify away from this kind of volatility that we're seeing now?' Paul Walsh: And I think that's a great segue, Marina, to my second question, because with Europe having really kept pace with the S&P year-to-date, the question that really is going to be asked is the sustainability of that relative performance. And when we think about a backdrop here in Europe of pretty low economic growth, the market continues to be worried about rate hikes given recent inflationary dynamics. And as you've articulated there, tech has played a very significant role here in Europe as well in terms of driving markets higher. So, you've alluded to it in a few of your comments already, but how sustainable do we see this as being? Marina Zavolock: It depends on AI, to be honest with you. So, if AI starts to really move up at an aggressive pace like it was earlier this year, then it's hard for Europe to outperform given our exposure. But if that starts to move up at a more moderate pace, Europe has a chance to do very well. Paul Walsh: Mm. Marina Zavolock: I think there's a lot of misperceptions when it comes to European equities. And outside of AI, actually there's quite a lot of strength. So, misperception one, you've mentioned it, which is basically: Oh, look at our PMIs, look at our GDP growth. Why bother with European equities? I think this is maybe what some U.S. investors may think. But just like in the U.S., the equities market, and maybe even more so, the equities market in Europe – it is not the economy. Paul Walsh: Mm. Marina Zavolock: So, we just published our global exposure guide over this past weekend, which Morgan Stanley has been running 29 iterations of this guide. Europe's exposure to Europe is pretty much at historical lows over decades. Europe's exposure to Europe as a percent of revenues is now 45 percent of revenues … Paul Walsh: Yeah. Marina Zavolock: ... is European exposed. The rest is very global, including the U.S. Um, Europe, uh, Of that 45 percent domestic, a lot of that is banks, some defensive sectors. Only a very small sliver is actually consumer-oriented sectors that would see earnings downgrades on the back of ECB hiking, for example. So, I think people may also be surprised to know that consensus earnings growth for Europe this year is over 16 percent. Paul Walsh: Mm. Marina Zavolock: It's really healthy. Paul Walsh: It's pretty healthy. Marina Zavolock: I know the U.S. is over 20, but Europe is over 16 percent. These kinds of ideas of, you know – we have a shortage of energy and therefore our earnings are going to be down – they're misperceptions. Because actually, as long as oil doesn't spike to, I don't know, [$]150. If it stays within a healthy range, call it [$]70 to 90, that's actually a very good environment for Europe because we have a lot of real assets. We have the banks which benefit from higher inflation because they trade on the steepness of the curve. And we have some AI exposure. If you add up those three things, which all benefit from inflation, that's 60 percent of our earnings pie.Paul Walsh: Right. Marina Zavolock: Hence, Europe's actually doing really well. And I'll just mention one other thing. Earlier this year, we broke out of a structural downtrend discount; that range that we were trading in versus the U.S. So, for almost 10 years, Europe's discount was just going wider and wider and wider and wider. And as of January 1st, this year, on a like-for-like basis, so sector neutral excluding Mag7, we broke out of that structural downtrend, and we keep seeing a narrowing. Paul Walsh: Yeah. Marina Zavolock: So, if you're going to broaden, it actually makes a lot of sense to look at Europe, where we have these discounts, and we have value, and we have growth. Paul Walsh: Yeah. So, the point there being the relative valuation discount of Europe to the U.S. has been actually closing a little bit more recently. Final question from my side. You have obviously recently refreshed your sector model. We have talked about the broadening in our conversation today. What are you advocating to your clients out there in terms of relative sector preferences? Marina Zavolock: Yeah. So, we run a data-driven model. Just briefly, we look at things like earnings revisions breadth – works really well as a leading indicator in Europe; a leading indicator for future earnings as well. Consensus price target revisions breadth, balance sheet measures. We look at a number of different things, AI exposure. And basically, I'll just give you the top sectors in our model now. Semis number one, metals and mining number two, led by copper. Paul Walsh: Mm-hmm. Marina Zavolock: Banks number three. I think banks, for me, it's a key diversification play. Paul Walsh: Yes. Marina Zavolock: A big differentiator. And trading on 10 times PE with very high distributions, buybacks and dividends, low teens earnings growth upgrades. Front of the line on AI adoption and seeing that ROI coming through. Cap goods, number four, that's also led by AI exposure. Paul Walsh: Yeah. Marina Zavolock: And then I'll just mention lastly, utilities is an overweight as well. That's also a little bit AI linked, but very, very under-owned; lagging the trends we've seen in the U.S. And broader based in terms of the positives there because we also have this drive for renewables, which is coming back. Paul Walsh: Marina, always, we value your insights highly. Thanks as always for taking the time to talk. Marina Zavolock: Great speaking with you, Paul. Paul Walsh: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen. And please do share the podcast with a friend or colleague today.

In this episode of Must Read Research, we explore what happens when “too much of a good thing” begins to reshape markets. From a more hawkish Fed outlook to rotation beneath the surface of equities, shifting AI demand dynamics, and an intensifying battle in prediction markets. We break down the trends investors need to watch next.   "Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities. ©2026 Bank of America Corporation. All rights reserved.

Ben Stokes' departure as English captain and player has Corbin and Ed declaring it in many ways, a perfect encapsulation of the Bazball era. So a year out from the next Ashes, England are left with questions like who will captain, will McCullum stay on and what does this team represent?Our Aussie women have also made the World Cup semis by eliminating India and it's the T20 resurgence of Ellyse Perry and Sophie Molineux's form that's impressed most.Plus Ireland somehow beat India twice, James Hopes leaves the Sixers for QLD cricket before he's even begun and the listener emails are overflowing.To get in touch, email Corbin & Ed at abccricketpodcast@abc.net.auABC Grandstand cricket commentator Corbin Middlemas is joined by Ed Cowan to bring you all the highlights and match analysis to keep you up to speed. The pair discuss the key players and big issues that are dominating the cricket agenda, the latest in live fixtures with a hit of cricket banter.Catch every episode of ‘The ABC Cricket Podcast,' hosted by Corbin Middlemas on ABC listen or wherever you get your podcasts, and get in touch with them on social media via @abc_sport This podcast was formerly known as ‘The Grandstand Cricket Podcast'

Alexi Lalas and David Mosse are back with a LIVE episode of State of the Union! The Group Stage has concluded and the Round of 32 is upon us. The Group Stage went out with a bang with an insane Algeria-Austria finish, Lionel Messi scoring yet again, and Colombia and Portugal giving us one of the matches of the tournament. After breaking down all the action of the day, Alexi and Mosse give out their best of the Group Stage and look ahead to the Knockout stage and some of the thrilling matchups that await there. Presented by Zillow #Zillow 4:32: Group J: Insane Algeria-Austria end, Messi scores again10:23: Group K: Colombia draw Portugal, Congo advance14:48: Group L: England and Croatia get wins17:12: Group Stage superlatives20:06: Knockout Stage preview25:41: USA's knockout stage path28:30: Semis and Final predictions29:51: Alexi's Moment of the Group Stage Learn more about your ad choices. Visit podcastchoices.com/adchoices

A guy upgraded to a bigger bike this year because last time his fat ass couldn't make it up the mountain. Also on the agenda: the full LGBTQ+ taxonomy from twink to zaddy explained by people who are figuring it out in real time, Messi's birthday goals, and a Florida ballot amendment that will either save homeowners money or defund every fire department in Polk County.

Semis in focus as Broadcom unveils a new custom chip with OpenAI, Micron awaits earnings after the bell, and Cerebras shares slump on the company's first report as a public company. Cerebras' CEO joined the team with his first take on the stock move. Plus: a live look at the world's largest gas turbine engine factory - and what it means for stocks like GE Vernova - along with reaction from the head of one of the nation's biggest homebuilders to the President's surprise pivot on a key housing affordability bill.    Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Key Topics:AI infrastructure evolutionServer and rack engineering innovationsAnalog components and power managementSemiconductor industry growth and GPU impactEnterprise and hyperscaler strategies for differentiationCooling technologies and hybrid solutionsNetworking and infrastructure for AI workloadsMulti-cloud and on-prem AI deployment trends

Welcome back to FUT IN REVIEW | World Cup Daily #20. Milestone alert! We have officially hit 20 daily tournament episodes. Today, Shaq (wearing a punishment orange shirt after losing a bet to John) and John team up at 6:00 AM to break down a thrilling, high-scoring slate of Day 10 matches at the World Cup 2026.We break down all the matches, tactical masterclasses, and rants unfiltered:The Houston Masterclass: John completely predicted it! Ronald Koeman started Brian Brobbey as a physical number nine, and the Oranje completely dismantled Sweden 5-1. We analyze how the early hydration break forced Sweden to alter their 5-back system, paving the way for braces from both Brobbey and Cody Gakpo, capped off by a late Crysencio Summerville strike.Undav's Toronto Rescue: Germany secures their spot in the knockouts after a brutal, physical midfield war with Ivory Coast (2-1). Frank Kessié shocked the Germans early, but Julian Nagelsmann's ultimate super-sub weapon, Dennis Undav, struck a lethal winner in the 96th minute. We debate if Undav should finally start or remain the tournament's best tactical bench weapon.The 15-Save Miracle: Ecuador threw absolute everything at Curaçao, registering 15 shots on target and hitting the crossbar, but the match ended in a thrilling 0-0 deadlock. The headline? 37-year-old goalkeeper Eloy Room pulled off a historic, generational performance with the most saves recorded in a single World Cup match since 1966. Plus, we highlight former Man United winger Tahith Chong's brilliant performance.Japan Cruise, Tunisia Sinks: Sacking your manager 4 days before facing a fluid Japan team doesn't work. We track the live action as Japan completely outclasses Tunisia 3-0 through goals from Daichi Kamada and Ayase Ueda, securing their cruise to the top of Group F alongside the Dutch.We are recording at 6:00 AM completely sleep-deprived to bring you every single match breakdown live! If you want to support the crew one-time only without a monthly subscription, buy the boys a coffee lifeline here: