📊 Midday Market Take

Happy Juneteenth, and yes, markets are taking the day off to observe the federal holiday. When they last closed on Thursday, the S&P 500 finished at 7,500.58, up over one percent, with tech leading the charge as the Nasdaq jumped nearly two percent.

When trading resumes Monday, keep your eyes on the tech sector, which drove most of Thursday's gains and could set the tone for the week ahead. If you are sitting on cash, this long weekend is a good moment to review your watchlist and decide where you want to be positioned before the opening bell.

Butterfly Network, Inc.

Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. The company offers Butterfly iQ+ and iQ3 ultrasound devices that can perform whole-body imaging on a single handheld probe integrated with the clinical workflow, and accessible on a user's smartphone, tablet, and almost any hospital computer system; Butterfly Move, merging the mobility of a handheld with the stability of a full cart system; and iQ+ Bladder, a specialty product for bladder scanning market.

3 Reasons to Watch BFLY

• A 55% Single-Day Pop Demands Explanation. When markets reopen after the Juneteenth holiday, BFLY will be under the microscope after closing up nearly 56% in its last session, a move tied to buzz around Midjourney Medical's full body ultrasound scanner announcement. Butterfly Network itself put out official commentary on that news, which means this wasn't just speculative chatter — management felt compelled to respond publicly.
• FDA and Reimbursement Questions Could Cool the Rally. The surge came with an asterisk, as reporting flagged real concerns around FDA approval pathways and reimbursement hurdles that still hang over the ultrasound space. When traders return Tuesday, watch whether that institutional skepticism starts to weigh on the stock or whether momentum buyers keep the bid alive.
• 327% Gain Over One Year Is Impossible to Ignore. Even before Friday's explosion, BFLY was already up over 161% in the past 90 days and more than 327% over the last year, a run that puts it in rare company among medical device names. The TD Cowen emerging growth call series appearance this week gives management a fresh stage to either justify that valuation or raise more questions about what comes next.

Top Market Headlines

Buy 5 Non-Tech Wide Moat Stocks for a Stable Portfolio in 2H 2026

CAT, V, SBUX, KO and EL are five non-tech wide-moat stocks positioned for stable returns in 2H 2026.

Satellite Confirms: Elon Musk Activating Strange 'Dark Energy' Across U.S. South (Ad)

Confirmed by satellites 300 miles above the Earth's surface... Elon Musk is rolling out a breakthrough technology that could replace our need for foreign oil and ignite a $10 trillion boom a small group of stocks.

3 Stocks Doing the Heavy Lifting in Healthcare's Rebound

Until recently, it had been a lackluster year for the healthcare sector.

Are Construction Stocks Lagging EMCOR Group (EME) This Year?

Here is how Emcor Group (EME) and Knife River (KNF) have performed compared to their sector so far this year.

'Dark Energy': Elon Musk's Next Potential $10 Trillion Move (Ad)

A highly secure site in West Texas now houses an emerging potential $10 trillion technology backed by Elon Musk and Sam Altman. This breakthrough could completely replace our need for foreign oil - and send one small group of stocks soaring in the process.

Buy 5 Small

Small-cap retail apparel and shoes stocks are rallying in 2026. Five stocks, GCO, DBI, SFIX, TLYS and FOSL, stand out for a stable portfolio.

Flood Into Gold (Ad)

An innovation in gold investing is about to unleash trillions in fresh demand - giving ordinary savers the ability to move their money into gold instantly, without storage fees. When this system goes live in 2026, the ripple effects could send four specific gold stocks soaring 100X over the next decade.