Why Tesla stock is climbing over 4% on Monday
Tesla stock (TSLA) jumped on Monday as investors looked ahead to the company’s second-quarter delivery report later this week, while fresh comments from Chief Executive Elon Musk provided an additional…
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Category: Stock
Marvell stock gets fresh boost as UBS raises price target on AI-driven CXL demand
Marvell Technology could have more room to run after its sharp rally this year. UBS became the latest brokerage to turn more bullish on the semiconductor company as artificial intelligence…
Why is Alphabet stock rising 4% today?
Alphabet GOOG shares rose 4.1% in trading on Monday as the Google parent began its first trading session as a member of the Dow Jones Industrial Average, replacing Verizon Communications…
Here’s why the booming Kospi Index may suffer a harsh reversal soon
South Korean stocks have soared in the past few months, with the KOSPI Index doubling this year, helped by the strong performance of Samsung and SK Hynix. It peaked at…
Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising…
Dow ends lower as AI selloff drags Nasdaq, defensive stocks gain
The Dow Jones Industrial Average and the broader US stock market closed lower on Friday as investors continued rotating out of technology and semiconductor stocks while shifting into more defensive…
Apple and Microsoft hike prices due to memory: is AI becoming an inflation machine?
The artificial intelligence boom has long been pitched as a transformative force that would boost productivity and eventually lower costs across the economy. But this week, investors were confronted with…
Why China’s top money managers believe the AI bubble is about to pop
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade. After an explosive run-up in…
Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?
Figma’s stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with the realities of life as a publicly…