News

From fast food to fine dining, restaurants play a vital societal role. It also feels like demand is strong as consumers always seem to be chasing the next hot place or viral fast food creation on social media (the Bloomin' Onion? That's FIVE BIG BOOMS!). No surprise the industry has returned 24.6% over the past six months, beating the S&P 500 by 7.7 percentage points.

By breaking down physical barriers, consumer internet businesses are reshaping how people shop, connect, learn, and play. These themes have enabled rapid growth for the industry, which has posted a 50.4% gain over the past six months compared to 16.9% for the S&P 500.

The performance of consumer discretionary businesses is closely linked to economic cycles. This volatility leads to big swings in stock prices that have worked in their favor recently - over the past six months, the industry has returned 22.7% and beat the S&P 500 by 5.8 percentage points.

Semiconductors are the core infrastructure powering the Information Age. Still, they’re subject to swings in the broader economy because customers often stockpile chips ahead of demand. Some investors seem to be debating where we are in the cycle as the industry’s six-month return of 8.5% has fallen short of the S&P 500’s 16.9% rise.

Software is rapidly reducing operating expenses for businesses. Companies bringing it to life have been rewarded with explosive earnings growth, and the upward trend shows no signs of stopping as the industry has posted a 42.2% gain over the past six months, beating the S&P 500 by 25.3 percentage points.

Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid current quarter outlook. Monitor these key post-earnings chart levels.

Bitcoin is holding steady under $100K despite recent market swings, with Bitdeer’s Jeff LaBerge dismissing crash concerns.