Wall Street Marks IMF “Urgent Email” as Spam… BlackRock Pulls the Plug on Jefferies

The IMF and Bank of England tried to wake the bears out of hibernation this morning… banging pots and pans, yelling about “disconnected valuations,” and warning that the AI rally could end in an “abrupt correction.” Read: two of the world’s most boring institutions stood outside Wall Street’s cave screaming, “You’re in a bubble, idiots!”

But the S&P 500 and Nasdaq channeled their inner Stephen A. Smith and said, “Let me tell you something right now… we do NOT care,” as they hit fresh intraday records today.

The S&P climbed 0.6%, powered by tech and utilities (because who doesn’t love a weird duo) and the Nasdaq tacked on another 1%. The Dow, meanwhile, stayed flat, in its truest form. Fed minutes dropped too, showing a divided central bank on how many more cuts to make this year, but investors brushed it off. When you’re high on AI, rate cuts are just background noise.

After tanking in Oracle’s shadow a day earlier, Nvidia bounced 2% as CEO Jensen Huang appeared on CNBC to deliver his usual sermon. Demand for computing, he said, has “gone up substantially.” He even confirmed the company helped fund Elon Musk’s xAI, and took a quick swipe at AMD for offering OpenAI 10% of itself in a chip deal. His response? “Surprising… clever, I guess.” Which is CEO-speak for “good luck with that.”

And while the IMF was warning about bubbles, the market decided to make them bigger. Analysts compared it to the dot-com era, but strategists like Baird’s Ross Mayfield said there’s still gas in the tank: “Even in the late ’90s we had multiple corrections before hitting the top.” Needless to say: nobody’s leaving the party until someone turns off the lights (and calls the cops).

Over in Donnie’s world, Washington’s still dark… day eight of the government shutdown and Congress is out here speed-running incompetence like it’s a team sport. The lights are off, the bills aren’t paid, and somewhere a park ranger is explaining to tourists why the Grand Canyon is “closed for budgetary reasons.”

Arguably the most vanilla computer stock in history (Dell, I’m talking about Dell) ripped 8% after raising its long-term growth forecast through 2030… proof that sometimes boring pays. 

Meanwhile, Jefferies dropped 7% after BlackRock reportedly threatened to pull cash from one of its funds tied to a bankruptcy. 

After blowing through their house, their mom’s life savings, and half the U.S. ad budget chasing 5G dreams that never quite landed, Verizon’s finally trying something new… space. The company’s partnering with AST SpaceMobile to beam cell service straight from orbit. AST’s stock soared 11% on the news, while Verizon did absolutely nothing. 

If you’ve been glued to the Stock Prophet Watchlist today, you probably noticed… yeah, not much to write home about. Other than BFRG sneaking in a 6% pop, it’s been quieter than a Fed press conference on mute. But that’s the game… you don’t measure success by one slow trading day. Especially not when we’ve already nailed 2,531% in LONG opportunities this week.

So take the win, stay patient, and keep your alerts on. We’ve just added aftermarket alerts, which means when the next big runner starts moving after hours, you’ll know before the herd. Get some rest, because tomorrow morning, we’re hunting again.

If you read all of this, congrats for having a 10 second attention span (better than me). As always, here’s our heatmap for today.

At the time of publishing this article, Stocks.News holds positions in Dell and Verizon as mentioned in the article.