Nasdaq plunges 2.8% as Intel and Amazon results deepen AI stock sell-off
US stocks fell sharply on Friday, with the Nasdaq Composite recording its largest one-day percentage decline since June 5 as disappointing results from Intel and Amazon intensified concerns about the…
BofA’s Michael Hartnett prefers Mag7 bonds over AI shares after selloff
The artificial intelligence (AI) boom still offers an investment opportunity, but Bank of America’s senior strategist Michael Hartnett believes the better deal now lies in lending to technology giants rather…
News Corp stock analysis as judge tosses Trump’s WSJ lawsuit ahead of earnings
News Corp’s stock price has pulled back over the past few months, falling from a high of $31.59 in August to the current $29.12. The retreat has coincided with broader…
BofA’s Michael Hartnett prefers Mag7 bonds over AI shares after selloff
The artificial intelligence (AI) boom still offers an investment opportunity, but Bank of America’s senior strategist Michael Hartnett believes the better deal now lies in lending to technology giants rather…
Big Tech’s AI bill meets a ‘Big Cash Burn’ issue: are investors’ fears justified?
Cash burn emerged as a key metric for investors assessing Big Tech earnings this season, as companies ramp up spending on artificial intelligence infrastructure while borrowing costs remain elevated.Results from…
As the AI model race heats up, who will come out on top?
Companies are spending hundreds of billions of dollars to develop artificial intelligence models, hoping to establish technological advantages that could translate into lasting commercial returns. But as competitors release increasingly capable…
Binance reveals a $1B SpaceX stake: what happens if it sells its stake?
SpaceX (SPCX) shares fell roughly 5% in trading Friday as tech stocks fell after Amazon and Intel’s disappointing earnings. Binance’s response to a massive cryptocurrency theft put its investment in…
Why are Micron, SK Hynix, and SanDisk stocks falling on Friday?
Memory stocks including Micron Technology, SK Hynix and SanDisk fell sharply on Friday as disappointing earnings from Amazon and Intel triggered a broader sell-off in technology and semiconductor shares.Micron MU…
Exxon earnings: $19B cash haul comes with a catch
ExxonMobil’s (XOM) latest earnings give investors something more useful than another headline about soaring oil profits: a test of how much cash the business can generate – and how much…
Apple stock rises as new macbook launch draws analyst support
Apple stock AAPL gained 1.66% on Thursday, outperforming broader US markets as investors assessed the company’s latest hardware announcements and analysts’ views on its growth prospects.The Nasdaq Composite fell 1.24%,…