markets

Nia Warfield7/1/25

Target pops as poster child of a massive stock market vibe shift to start Q3

Target is the best example of how the third quarter of 2025 is starting with a huge vibe shift in the stock market.

The retailer’s shares are surging as part of a massive factor rotation that’s seeing traders dump high-flying stocks and bid up cheap companies.

The iShares MSCI USA Value Factor ETF is outperforming the iShares MSCI USA Momentum Factor ETF by nearly 3%, one of its best days of relative performance this year. Target traded at less than 13x its expected forward earnings, making it one of the cheaper consumer staple companies in the S&P 500 and a significant discount to the benchmark US stock index, at 22x forward earnings.

The stock is also being aided by a flurry of bullish bets. More than 51,000 call contracts had changed hands by 2:22 p.m. ET, already more than double the retailer’s 20-day average. Investors are betting on a bounce, with Target shares down 24% this year as it struggles with slowing demand and weak guidance.

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Credit markets have a “debt” problem, not a “risk” problem

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New York City Architecture And Monuments

Meet the newly public, Bezos-backed company that’s recreating the sun and stars

General Fusion CEO Greg Twinney spoke with Sherwood News from the Nasdaq during the stock’s first day of trading.

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markets

J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

US job growth falls far short of estimates in June; unemployment rate unexpectedly dips to 4.2%

Job growth was 57,000. Analysts foresaw job growth of 113,000; prediction markets were more optimistic, looking for job growth above 125,000 but below 150,000.

Floridians Seek Employment Opportunities At Job Fair In Sunrise

Meta surges on report it’s starting a cloud business to sell excess AI compute

The story of the hyperscalers in 2026 has largely been “the beatings will continue until the cash flow outlook improves;” this could help change the story for Meta. Or not.

Meta CEO Mark Zuckerberg visits U.S. Capitol for Senate meetings

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