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What’s likely to move the market in the next trading session
Published
7 months agoon
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Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Monday and what’s on the radar for Tuesday’s session. Big deal and Big Tech We will keep focusing on Big Tech tomorrow after the OpenAI- AMD deal, which sent the chip designer’s stock to a fresh intraday high. Ultimately, shares closed nearly 24% higher. The popular VanEck Semiconductor ETF (SMH) was up 2% on Monday, hitting a new high. Applied Materials was also a big winner. The stock gained 3%, and is up 38% in a month. Nvidia fell 1% on Monday. The stock is about 3% from last week’s high. Noted Bernstein chip analyst Stacy Rasgon told CNBC that OpenAI “can either crash the global economy or take us to the promised land.” We’ll stay on that. McCormick in the morning The spice company, based in the great state of Maryland, reports earnings tomorrow morning. Among their many products is Old Bay, which goes well on meat, fish, chicken, vegetables, potatoes, french fries … really almost anything. McCormick shares are down 9% since last reporting three months ago. The stock is 21% from its March 10 high. MKC 6M mountain McCormick shares over the past six months Bitcoin’s new record Bitcoin passed the $125,000 mark on Monday. It is exactly double where the cryptocurrency stood one year ago today. On the crypto stock side of the ledger, Riot Platforms was today’s biggest winner up 11%, hitting a new record. It is up 201% in six months. CleanSpark was up 9%. The stock is 3% from its November high, and up 140% in six months. Coinbase gained 1.6% today. It is 13% from the July high. Shares are up 140% in six months. BTC.CM= 6M mountain Bitcoin performance over the past six months ‘Oh Canada! Our home and native land…’ Prime Minister Mark Carney will meet with President Donald Trump on Tuesday. The iShares MSCI Canada ETF (EWC) hit a new record high on Monday. The ETF is up 27% in 2025. French prime minister resigns After French Prime Minister Sébastien Lecornu resigned today, the iShares MSCI France ETF (EWQ) fell 1.6%, as some analysts predicted more political, and perhaps economic, uncertainty in the Fifth Republic. The EWQ is up 23% so far this year and is just 1.6% from the high hit last week. Israel Amid a possible political breakthrough that could end the two-year war between Hamas and Israel, the iShares MSCI Israel ETF (EIS) was up 0.8% today, enough to hit a new all-time high. The EIS is up 31% year to date. In the two years since the war began, the EIS is up 86%.
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