James Mackintosh

The slow-but-steady dividends that some investors prefer are getting left behind in a market where companies are rewarded for focusing on the future of artificial intelligence and plowing profits back into capital spending rather than paying them out to shareholders.

Plus, the SpaceX monopoly and the memory rally.

Read this exciting story from The Wall Street Journal May 28, 2026 issue. Rising Treasury yields this year have been explained as markets finally recognizing various potential disasters: Soaring inflation! Loss of trust in the Fed! Insane government borrowing!

For the first time since the 2008 global financial crisis, a stock has jumped straight from the small-cap ranks to the mega-capitalization segment of Russell indexes—driven by excitement about artificial intelligence. Bloom Energy, a fuel-cell producer now harnessing its units to power data centers

In AI, money talks. The ability to tap stock market capital is important again, after a quarter of a century of being all but irrelevant.

Read this exciting story from The Wall Street Journal June 03, 2026 issue. Alphabet’s $80 billion stock-based fundraising should be taken as a rebuke to those salivating over the forthcoming initial public offerings of SpaceX, OpenAI and Anthropic.

When speculative small stocks win big, often it’s because investors aren’t thinking straight.

Speculative small stocks - microcaps - are winning big. Have investors lost their minds?

Read this exciting story from The Wall Street Journal June 06, 2026 issue. When speculative small stocks win big, often it’s because investors aren't thinking straight

There used to be a reliable additional bump from admission to indexes, but it has become less certain recently.