From ServiceNow to Salesforce: why are software stocks rallying today?
Software stocks rallied sharply on Tuesday, extending a rebound in a sector that had come under intense pressure this year amid concerns that artificial-intelligence agents could threaten traditional enterprise software…
India’s scorching summer likely to push power demand even higher
India’s power demand has surged to fresh records this week as a brutal heatwave grips much of the country, pushing electricity consumption to levels never seen before. Bloomberg reported that peak…
Tesla stock slumps over 3% to sink below $400: what happened?
Shares of Tesla (TSLA) continued to decline Tuesday, falling below the $400 mark as investors reassessed the company’s pricing strategy and broader growth outlook.The stock dropped 3.5% to around $395.25…
SanDisk stock slips: why this analyst still sees a 50% upside
Shares of Sandisk (SNDK) fell 1.5% on Tuesday even as Citi Research sharply raised its price target on the flash memory company, citing accelerating demand for NAND storage tied to…
Europe’s AI future at risk as soaring power costs push data centers abroad
Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere,…
Intel stock dips again: Why analysts are still bullish
Shares of Intel (INTC) fell 2% on Monday, extending the stock’s losing streak to a fifth consecutive session after a sharp pullback late last week. However, the stock recovered and was…
Berkshire just loaded up on Macy’s stock: should you too?
Macy’s Inc (M) is in focus on Monday morning after Berkshire Hathaway’s latest filing disclosed a new position worth roughly $55 million in the iconic retail chain.The strategic buy-in from…
Why Tesla stock is down around 2% on Monday
Shares of Tesla (TSLA) fell around 2% early Monday as investors reacted negatively to the company’s surprise decision to raise prices on some of its top-selling vehicles.The stock dropped to…
The ‘Thucydides Trap’: why a 2,500-year-old war loomed over the Trump-Xi summit
In 2015, Chinese President Xi Jinping used the term “Thucydides Trap” in Seattle before an audience that included former Secretary of State Henry Kissinger.“There is no such thing as the…
SpaceX eyes June 12 IPO debut on Nasdaq: report
Elon Musk’s rocket and satellite maker SpaceX is preparing for one of the most closely watched stock market debuts in recent years, with the company targeting an initial public offering…