Traders are getting worried the chip stock bull market is cracking. How to protect yourself
Options traders were buying a lot of protection on the iShares Semiconductor ETF (SOXX) on Tuesday. Puts traded 1.5x the 20-day average volume, 74,468 contracts. Options markets are echoing what you are already seeing in the charts. This rally is a roller-coaster. The South Korean KOSPI Index, as good a proxy as exists for the…
NJ teacher Ashley Fisler indicted on child sexual abuse material charges
NEWYou can now listen to Fox News articles! A former New Jersey middle school teacher accused of having a sexual relationship with a student was indicted Wednesday on new charges, including manufacturing child sexual abuse material, prosecutors said. Ashley Fisler, 36, of Washington Township, now faces a 12-count indictment that also includes sexual assault of…
Mamdani-backed socialist candidates sweep NYC Democratic primaries
NEWYou can now listen to Fox News articles! NEW YORK CITY – New York City’s primary night produced clear political winners and losers as Mayor Zohran Mamdani’s slate of socialist candidates swept establishment-backed Democrats. WINNER: MAMDANI Mamdani, sworn into office in January of this year, flexed his political might in the city after three congressional…
Kalshi CEO says company thinking about IPO, but not for this year
Prediction market platform Kalshi’s CEO Tarek Mansour confirmed the company is in the early stages of planning a potential IPO in an appearance on CNBC’s “Squawk Box.” Mansour said a public markets debut of the company won’t come this year, but that it makes sense for Kalshi at this stage of its growth to begin…
NNSA to debut AI-designed nuclear test vehicle at Great American State Fair
NEWYou can now listen to Fox News articles! FIRST ON FOX: The Trump administration announced that it has successfully developed and tested a new nuclear-weapons-related flight vehicle using artificial intelligence, advanced supercomputing and 3D printing technology, marking a milestone National Nuclear Security Administrator Brandon Williams compared to the Manhattan Project. As the Great American State…
Justice Department threatens to sue California over Glock ban set to take effect
Supreme Court sides with marijuana user in gun case, protecting Second Amendment rights The Supreme Court delivered a unanimous ruling siding with a marijuana user in a gun case, asserting that the government cannot prosecute individuals for firearm possession simply due to cannabis use. Fox News contributor Joey Jones highlights the ruling’s importance for Second…
There are two competing chart patterns in the S&P 500 right now. One’s bullish, the other is bearish
June has been a roller coaster for both market bulls and bears. This stat tells us all we need to know: The SPX has now logged seven absolute 1% moves for the month, with five trading days still remaining in the month. That may not sound like a lot, but it represents roughly one-quarter of the month still to go,…