Arm stock jumps 7% as CEO signals confidence in $2B CPU demand
Arm Holdings stock gained 7% on Thursday after CEO Rene Haas said he was increasingly confident the company could meet Wall Street’s higher revenue expectations for its new data-centre chip,…
Why are Micron, SK Hynix, and SanDisk stocks jumping on Thursday?
Shares of major memory-chip companies jumped on Thursday as easing oil prices and Treasury yields improved broader sentiment toward technology stocks, helping the sector recover some of the losses suffered…
Fluence Energy stock is now deeply oversold: time to buy?
Fluence Energy (FLNC) stock crashed on Thursday morning after management lowered its outlook for the financial year.It now sees revenue coming in at about $2.4 billion, down meaningfully from its…
Nasdaq opens higher as markets await Fed decision
US stocks opened higher on Wednesday as investors awaited a Federal Reserve interest-rate decision that could shape expectations for monetary policy in the coming months.The Nasdaq Composite advanced 0.46%, and…
Anthropic IPO will benefit these two mega-cap stocks
Anthropic’s confidential June S-1 filing has set up what could be the year’s defining public offering, with Reuters reporting a target listing window in mid-October.Goldman Sachs, Morgan Stanley, and JPMorgan…
TELUS stock analysis: here’s why it is crashing and what next
TELUS stock remains in a strong freefall this year, and is hovering at its lowest level since April 2017. It has dropped from the record high of $25.6, which it…
Coinbase stock on edge as CLARITY Act odds of passing dip despite Trump concessions
Coinbase stock jumped by nearly 10% on Monday after President Donald Trump made a major concession on the CLARITY Act and as Bitcoin and other tokens held steady. COIN jumped…
Tilray stock has slumped 55% this year: is it a golden opportunity to buy?
Tilray Brands stock has remained under pressure and is underperforming the market this year. TLRY was trading at $4.15 after falling by 55% since January and by 62% in the…
IREN, Nebius, CoreWeave: Here’s why these neocloud stocks are falling
Top neocloud companies have dropped sharply this year, even as their revenue growth continues. CoreWeave, the pioneer of the industry, slipped to $87, down sharply from its all-time high of…
Dow opens 153 pts lower as AI selloff and oil surge hit US stocks
Wall Street’s main indexes opened lower on Monday as a selloff in major AI and semiconductor stocks added to pressure on US equities. The decline followed calls from senior artificial…