TazaPulse

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Chip stocks notched record rallies in second quarter start Q3 with dud

TazaPulseJuly 2, 2026

Igor Golovniov | Lightrocket | Getty Images A day after closing out a blockbuster three months on Wall Street, high-flying chip stocks suffered steep declines to open the third quarter. Memory maker Micron dropped 11%, wiping out $138 billion of market cap. Intel fell 9% and rival chipmaker Advanced Micro Devices dropped 7%. Those three...

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World Cup could boost the June jobs report by 40,000, Goldman estimates

TazaPulseJuly 2, 2026

A shopper wears a limited-edition New York City FIFA World Cup-themed jersey in New York, US, on Friday, June 12, 2026. Bing Guan | Bloomberg | Getty Images The June jobs report on Thursday could be more robust than expected due to a strong kick from the World Cup, according to Goldman Sachs. Nonfarm payrolls...

100+ prominent India, Pakistan voices appeal for ‘confidence building measures’ | India News

TazaPulseJuly 2, 2026

NEW DELHI: Over 100 prominent citizens from India and Pakistan have urged PMs of both countries to take meaningful and sustained steps towards restoring peace, normalcy, dialogue and cooperation.In an open letter, they have listed a slew of “confidence building measures”, including restoring full diplomatic relations and reinstating high commissioners in New Delhi and Islamabad,...

Tech analyst Dan Ives is exiting Wedbush for a new venture

TazaPulseJuly 2, 2026

Dan Ives, Wedbush Securities analyst. Scott Mlyn | CNBC Dan Ives, one of Wall Street’s most recognizable technology analysts, is leaving his longtime role at Wedbush Securities to launch a merchant bank aimed at combining research, advisory, capital raising and investing under one roof. Ives, who has spent the past eight years at Wedbush and...

J&K: Heavy rains trigger flash floods in Doda’s Bhalessa | India News

TazaPulseJuly 2, 2026

JAMMU: Heavy rains triggered flash floods in Kalalgisar area of Bhalessa, in J&K’s Doda district, Wednesday. Mud and debris flows blocked several interior link roads, severing connectivity to multiple villages in the belt. Restoration work began after the situation improved later in the day, officials said.Meanwhile, inclement weather forced authorities to suspend the ongoing annual...

‘Magnificent 7′ stocks’ rough June pushes them into the red for the year. What’s behind the decline

TazaPulseJuly 2, 2026

The “Magnificent Seven” have dominated the U.S. market for years and sat on a combined valuation of $21.7 trillion as of Tuesday’s close. That number, however, masks how much they lost in June. The group — which Microsoft , Nvidia , Alphabet , Apple , Meta , Tesla and Amazon — shaved off roughly $2...

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Warsh faces multiple alternative inflation signs as Fed charts new course

TazaPulseJuly 2, 2026

Kevin Warsh, Chairman of the Federal Reserve, speaking at the ECB Forum in Sintra, Portugal on July 1st, 2026. CNBC Federal Reserve Chairman Kevin Warsh has said that inflation is a “choice.” The same could also be true of how inflation is measured. While the central bank has its own favorite metric courtesy of the...

Farooq, Mehbooba join call for India-Pak dialogue, BJP says terror and talks can’t go together | India News

TazaPulseJuly 1, 2026

SRINAGAR: Former Jammu and Kashmir chief ministers Farooq Abdullah and Mehbooba Mufti joined nearly 60 signatories from across India in calling for renewed dialogue between India and Pakistan, inviting a stinging criticism from BJP. The party accused them of “once again choosing to echo Pakistan’s narrative instead of standing with the victims of Pakistan-sponsored terrorism”.In...

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Inflation peaked in May as energy prices fell in June, Kalshi traders think

TazaPulseJuly 1, 2026

Red meat is displayed at a grocery store in Brooklyn on May 12, 2026, in New York City. Spencer Platt | Getty Images With oil and gas prices falling in the wake of the detente between the U.S. and Iran, prediction market traders now think inflation has peaked. Speculators on prediction market platform Kalshi think...

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We thought these 5 stocks could make a 2026 comeback. Here’s our midyear scorecard

TazaPulseJuly 1, 2026

It was a strong yet erratic first half of the year for stocks. Some of our Club holdings staged brilliant comebacks from their 2025 lows. Others fell even further, ultimately forcing us to exit one frustrating position. Despite Iran war volatility, resurgent inflation, and AI disruption concerns, the S & P 500 still managed to...