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Memory stocks, including Micron Technology MU, SK Hynix and SanDisk, traded lower on Wednesday as hotter-than-expected US inflation and persisting concerns about Chinese semiconductor manufacturer CXMT pressured the sector. Micron…
Bears are broadly in control of JPMorgan (JPM) stock heading into the bank’s Q3 earnings on Oct. 13 (before market opens), but the derivatives market believes the dynamic will shift…
Micron Technology MU and SK Hynix shares traded lower on Monday as investors assessed the competitive implications of progress by China’s ChangXin Memory Technologies (CXMT) in developing a new memory-chip…
Cerebras Systems (CBRS) shares are extending losses on October 12th as investors continue to reassess the artificial intelligence (AI) infrastructure company’s future prospects. CBRS is now trading at about half…
Nvidia stock has pulled back in the past four consecutive days. It has slumped from the all-time high of $243 to the current $230 as investors have remained cautious about…
Oil prices fell as US President Donald Trump signalled a pause in potential strikes against Iran before next month’s midterm elections, easing concerns about supply disruptions. Treasury yields remained elevated…
US stocks rose on Friday as technology shares rebounded from a sell-off earlier in the week, helping Wall Street recover amid elevated Treasury yields, volatile oil prices, and concerns about…
SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped to a low of $5.38 on Friday, down…
US stocks opened higher on Friday as oil prices retreated following easing concerns about further escalation in the Middle East, while investors assessed the outlook for artificial intelligence stocks and…
