Dow closes 270 pts lower as strong jobs report lifts September Fed rate-hike bets
US stocks ended lower on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting.The Dow Jones Industrial Average fell…
SpaceX stock rally meets another lockup expiry test on September 9: what to expect
SpaceX stock SPCX is heading toward another potentially volatile milestone next week, with hundreds of millions of additional shares set to become eligible for sale just as the company’s shares…
More details of the mega Anthropic IPO are coming out: here’s what we know
Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and…
SpaceX stock rally meets another lockup expiry test on September 9: what to expect
SpaceX stock SPCX is heading toward another potentially volatile milestone next week, with hundreds of millions of additional shares set to become eligible for sale just as the company’s shares…
GoPro stock soars 200% after Markiplier stake, $285M Starman deal
GoPro stock GPRO has surged in recent sessions after the struggling action-camera maker announced a $285 million cash merger with Starman Optical, a privately held photonics company.Earlier, YouTube creator Mark…
Software stocks are back from the dead as AI fuels growth: can the rally continue?
Earlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off.Anthropic’s launch of new plugins for…
Blue Owl stock may short squeeze as golden cross emerges amid turnaround
Blue Owl stock has staged a strong comeback in recent months, climbing from a low of $7.60 in April to around $11.85 currently. The rally could have further room to…
Adobe stock falls 7% as company announces new CEO amid leadership shakeup
Adobe shares ADBE fell nearly 7% on Friday after the software company announced a leadership transition on Thursday. Anil Chakravarthy, president of Adobe’s Customer Experience Orchestration business, will become president…
AMD stock forecast: why this Nvidia rival is on the cusp of a breakout
AMD stock has pulled back over the past few months, falling from a high of $584.90 in June to around $456 currently. During this correction, the stock has gradually formed…
Tesla stock surges 6% ahead of Cybercab launch: what are investors expecting
Tesla stock TSLA gained 6.2% on Thursday as investors looked ahead to the company’s planned unveiling of its two-seater Cybercab in Texas, putting its autonomous vehicle ambitions back in focus.The…