The stories moving many stocks at once
Know the theme, and you know which stocks the next headline will hit.
The AI spending bet
Big tech is spending hundreds of billions on AI data centers, and stocks swing on whether it pays off.
Helps NVIDIA, AMD, Broadcom, Taiwan Semiconductor Manufacturing +3 more
Hurts Meta Platforms, Alphabet Class A, Tesla
↑ heating up
Crypto stocks follow bitcoin
Coinbase and Robinhood rise and fall with bitcoin, which swings with interest-rate bets and crypto rules in Washington.
3 weeks moving markets · latest week of Oct 26
Helps Coinbase, Robinhood Markets
Wall Street plugs into Hyperliquid
The NYSE's owner will run a US exchange for Hyperliquid-style futures on stocks, oil and crypto, pending approval.
2 weeks moving markets · latest week of Oct 26
Helps Intercontinental Exchange (NYSE owner), Hyperliquid Strategies
Hurts CME Group, Coinbase
The war-driven defense buildup
The Iran war and a proposed $1.5 trillion budget are filling missile makers' order books, but their stocks have stalled.
−$38B winners since Jan 2026 · 3 weeks moving markets · latest week of Oct 19
Helps Lockheed, RTX, Northrop Grumman, General Dynamics +7 more
The Fed turns to hikes
With inflation stuck above 3%, the Fed under Kevin Warsh switched from cutting interest rates to raising them.
11 weeks moving markets · latest week of Oct 12
Hurts Lucid Group, Rivian Automotive, SoFi Technologies, Realty Income
Bond yields highest since 2002
Long-term Treasury yields climbed to their highest since 2002, making borrowing costlier and stocks less attractive next to bonds.
6 weeks moving markets · latest week of Oct 5
Hurts Intel, AMD, Qualcomm, Realty Income
The AI power crunch
AI data centers need more electricity than the grid can supply, lifting power producers and raising household bills.
+$90B winners since Mar 2024 · 1 week moving markets · latest week of Oct 5
Helps Vistra, Constellation Energy, GE Vernova, Talen Energy +3 more
Hurts Exelon
The memory chip shortage
AI data centers are bidding up memory chip prices: record profits for memory makers, higher costs for device makers.
+$2.8T winners since Sep 2025 · 4 weeks moving markets · latest week of Sep 28
Helps Micron Technology, SK hynix, Samsung Electronics, Sandisk Corporation +3 more
Hurts Apple, Qualcomm, Xiaomi, Nintendo
The prediction market boom
Brokers now sell bets on sports and news as federal contracts, lifting Robinhood and drawing fire from sportsbooks and states.
+$42B winners, −$36B losers since Mar 2025 · 3 weeks moving markets · latest week of Aug 31
Helps Robinhood Markets, Coinbase
Hurts DraftKings, Flutter Entertainment (FanDuel)
→ steady
Paying for the AI build-out
Worry that AI builders like Oracle, OpenAI and Meta are raising more than their data centers can earn back.
5 weeks moving markets · latest week of Oct 26
Helps Eli Lilly, Johnson & Johnson, AbbVie
Hurts Oracle, Meta Platforms, SpaceX, NVIDIA +1 more
The Iran war oil shock
The U.S.-Iran war and the closed Strait of Hormuz keep pushing oil prices, and energy and travel stocks, around.
9 weeks moving markets · latest week of Oct 12
Helps Chevron, ExxonMobil Holdings Corporation
Hurts American Airlines, Delta Air Lines, Carnival Corporation, Walmart
The weight-loss drug boom
Weight-loss drugs like Zepbound and Wegovy are changing how much Americans eat, lifting Lilly and hurting snack makers.
+$907B winners, −$168B losers since Aug 2023 · 3 weeks moving markets · latest week of Sep 28
Helps Eli Lilly, Hims & Hers Health, Coca-Cola
Hurts Novo Nordisk, WW International (WeightWatchers), PepsiCo
The robotaxi race
Driverless ride services from Waymo and Tesla threaten Uber and Lyft, and much of Tesla's value rides on them.
−$39B losers since Dec 2025 · 3 weeks moving markets · latest week of Aug 31
Helps Tesla, Alphabet Class A, NVIDIA
Hurts Uber, Lyft
Space stocks follow SpaceX
SpaceX's record IPO made space a popular trade, and smaller space stocks now swing with SpaceX's shares.
3 weeks moving markets · latest week of Jul 6
Helps SpaceX, Rocket Lab Corporation
Hurts SPCE
↓ cooling
Pot stocks chase rescheduling headlines
Cannabis stocks jump whenever Washington moves to ease marijuana rules, then give back the gains when the details arrive.
+$765M winners since Aug 2025 · 2 weeks moving markets · latest week of Sep 28
Helps Tilray Brands, Canopy Growth, SNDL, Trulieve Cannabis +3 more
The quantum computing bet
Investors pay billions for quantum computer makers with tiny sales, betting the machines will one day beat ordinary computers.
−$9B winners since Apr 2026 · 3 weeks moving markets · latest week of Sep 21
Helps IonQ, D-Wave Quantum, Rigetti Computing, Quantinuum +3 more
AI eats software
Fear that AI agents will do the work companies now pay software subscriptions for, shrinking software makers' sales.
3 weeks moving markets · latest week of Sep 14
Helps CrowdStrike Holdings
Hurts ServiceNow, Palantir Technologies