Options traders are convinced the “SaaS-pocalypse” is over. Whether that’s true will likely depend on the market’s reaction to Salesforce earnings after the bell Wednesday. Volume ratios in options trading on the iShares Expanded Tech-Software Sector ETF (IGV) have been increasingly bullish throughout this month, including on Tuesday — when more than twice as many…
CNBC’s Jim Cramer said that semiconductor stocks have become the market’s new center of gravity because they are the drivers of the artificial intelligence boom. “It’s a new era,” the “Mad Money” host said. “Semis are now in charge. Software is taking a back seat.” The comments came after Nvidia reported quarterly earnings Wednesday evening…
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company’s expected range. That values the chipmaker at over $100 billion. The company sold 30 million shares in its offering late Wednesday, raising $5.55 billion, the largest IPO for a U.S. tech company since Uber’s…
A view shows a logo at NXP semiconductors computer chip fabrication plant in Nijmegen, Netherlands March 14, 2024. Piroschka Van De Wouw | Reuters NXP Semiconductors shares rose 26% Wednesday, on track for its best day ever since the company went public in 2010. The semiconductor manufacturer reported first-quarter earnings Tuesday that blew away Wall…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 23, 2026. Jeenah Moon | Reuters Something interesting is happening in the options market. The S&P 500 touched record highs Thursday morning, but the Cboe Volatility Index (VIX) remained stuck near 20 and is up from…
Intel Xeon 6 processors are shown to CNBC at Intel’s advanced packaging facility in Chandler, Arizona, on November 17, 2025. Tony Puyol Semiconductors are a runaway train — up 17 of the past 18 sessions — and options traders are buying increasingly expensive call options to chase the rally higher. The VanEck Semiconductor ETF (SMH)…
Chipmaking stocks rallied to kick off 2026 as investors piled into the winning artificial intelligence-fueled sector following another big year of gains. Micron Technology and dutch chip equipment maker ASML jumped 10% and 9%, respectively, to start the new trading year. Lam Research and Intel rallied more than 6% each, while Marvell Technology rose 5%….
Trader Peter Tuchman wears “2026” glasses as traders work on the floor of the New York Stock Exchange at the opening bell on Dec. 31, 2025. Timothy A. Clary | Afp | Getty Images The new year is starting off looking a lot like the old one. The first trading day of 2026 kicked off…
Industrial and infrastructure stocks may soon share the spotlight with the artificial intelligence trade. According to ETF Action’s Mike Atkins, there’s a bullish setup taking shape due to both policy and consumer trends. His prediction comes during a volatile month for Big Tech and AI stocks. “You’re seeing kind of the old-school infrastructure, industrial products that have not done…
