Corning stock surges 20% on Nvidia deal to expand AI optical manufacturing
Shares of Corning surged about 20% in premarket trading on Wednesday after the company announced a multiyear partnership with Nvidia to expand optical manufacturing capacity in the United States.The collaboration…
Dow jumps 448 points on Iran deal hopes, AI rally lifts stocks
Wall Street’s main indexes opened higher on Wednesday, extending a strong run fueled by optimism over a potential US-Iran peace agreement and continued enthusiasm around artificial intelligence-driven growth.Stock indices advanced…
Arm stock jumps 9% ahead of earnings: can AI bets justify valuation?
Arm Holdings is set to report its fourth-quarter earnings on Wednesday afternoon, with investor attention focused on its strategic shift into designing its own data center CPU and the implications…
AMD stock drives chip sector into a territory last seen 25 years ago
Advanced Micro Devices (AMD) is ripping higher on May 6 on the back of a blowout Q1 earnings release – featuring not only a beat on the top and bottom…
Dow jumps 190 pts as oil prices fall, despite Middle East tensions
Wall Street’s main indexes recovered on Tuesday, as easing oil prices provided relief to equity markets despite renewed tensions in the Middle East that continue to cloud the global outlook.Dow…
FTSE 100 Index slips as UK bond yields surge and HSBC earnings miss
The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report. It dropped to £10,225 on Tuesday, down…
AB InBev stock jumps 9% as earnings beat and beer volumes defy slump
Shares of Anheuser-Busch InBev rose sharply on Tuesday after the world’s largest brewer reported first-quarter results that exceeded analyst expectations, supported by resilient beer demand and a return to volume…
Intel stock jumps 15% as Apple foundry talks spark chip demand hopes
Shares of Intel (NASDAQ: INTC) surged on Tuesday, driven by renewed optimism that the chipmaker could secure a major external customer for its manufacturing business. The stock climbed about 15%…
Tesla stock is rising, but are bulls missing the bigger risk?
Tesla stock (NASDAQ: TSLA) beat Wall Street in the first quarter, but the muted reaction is telling a different story.The company reported adjusted EPS of $0.41 on revenue of $22.39…
Invezz was right about Xanadu Quantum stock: what comes next?
The chickens have officially come home to roost for Xanadu Quantum (NASDAQ: XNDU).Back in mid-April, when the stock was riding a wave of speculative euphoria, Invezz issued a stern warning,…