Alphabet hits 52-week high as AI, cloud growth fuel stock surge
Shares of Alphabet Inc. surged on Thursday after the company delivered a strong first-quarter earnings report, easing investor concerns over its rising capital expenditure tied to artificial intelligence infrastructure.The stock…
Microsoft stock slips 5% after earnings, but analysts are hiking targets
Shares of Microsoft fell sharply on Thursday, dropping around 5% to $402.37 in early trading, as investors reacted to the company’s elevated capital spending outlook despite strong cloud growth and…
Plug Power stock analysis: here’s why it may soar 42% this year
Plug Power stock retreated by over 10% on Thursday, erasing the gains made on Wednesday. It crashed to the important support level at $3 as investors started to book profits.…
Qualcomm stock jumps 18% as data center push sparks fresh optimism
Shares of Qualcomm surged on Thursday as investors looked past a modest earnings beat and focused instead on the company’s growing ambitions in data center chips and signs of a…
Nvidia stock slips 1% ahead of Big Tech results: why are investors worried?
Shares of Nvidia edged lower on Wednesday, as investors grew cautious about the outlook for artificial intelligence spending and awaited earnings from major technology companies.The stock fell around 1% to…
Norway wealth fund chief warns on AI job-cut backlash
The CEO of Norway’s $2.2 trillion sovereign wealth fund has urged companies to adopt artificial intelligence (AI) in a way that benefits society broadly, cautioning against using the technology primarily…
Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs
US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its momentum.The tech-heavy Nasdaq Composite fell more than…
Nvidia stock slides as OpenAI fears spark selloff in chip stocks
Semiconductor stocks declined sharply on Tuesday, with Nvidia and its peers coming under pressure after fresh concerns emerged about the financial trajectory of OpenAI.Nvidia shares fell about 1.5% in trading,…
Tesla stock down 1.2% today: what’s hurting the EV major today?
Shares of Tesla edged lower on Tuesday, falling 1.2% to $374.54, even as US regulators closed a safety investigation into the company’s vehicles without requiring a recall.The decline came alongside…
Nvidia stock wobbly after hitting record high, but analysts see more upside
Shares of Nvidia rose in early trading on Monday, extending a breakout rally that has pushed the stock to record highs.However, at the time of writing, shares of the chip…