Why is Spotify stock soaring 8% today?
Spotify Technology shares SPOT rose on Thursday after the music streaming company forecast fourth-quarter operating income above Wall Street expectations, supported by subscriber growth and investments in artificial intelligence-powered features.The…
Why Intel, AMD stocks are falling on Thursday?
Intel INTC and AMD tumbled again on Thursday as surging oil prices and renewed concerns over the returns on artificial intelligence investments pushed investors toward a more cautious stance.AMD declined…
Nebius stock falls as $3.5B loan raises AI infrastructure debt concerns
Nebius Group shares NBIS fell on Thursday as investors assessed the company’s new $3.5 billion financing facility amid growing concerns about debt-funded expansion across the artificial intelligence infrastructure sector.The Nvidia-backed…
Why are CoreWeave and Nebius stocks falling on Wednesday?
CoreWeave CRWV and Nebius stocks fell about 3% on Wednesday, even after comments from SpaceX executives boosted sentiment in the pre-market session. The artificial intelligence infrastructure providers have come under…
Here’s how long it will take for quantum computing to become a reality
Quantum computers already exist, but the race to make them reliably useful for demanding commercial applications has a more specific deadline: 2029, according to Quantinuum CEO Rajeeb Hazra.Speaking with CNBC…
Netflix stock falls as analysts question growth despite earnings beat
Netflix shares NFLX fell in trading on Wednesday after its third-quarter earnings exceeded expectations, but a weaker revenue forecast and concerns about slowing engagement raised questions about its growth prospects.The…
Novo Nordisk stock rises as CagriSema delivers 25% weight loss in women
Novo Nordisk shares NVO rose on Tuesday after the Danish drugmaker reported that its experimental weight-loss drug CagriSema helped women with obesity or overweight lose an average of 25% of…
Figma stock has slumped amid SaaSpocalypse concerns: is it a contrarian buy?
Figma stock has slipped sharply this year and is hovering at its lowest level on record. It traded at $21.54 on Monday, down 85% from its all-time high. The retreat…
Salesforce stock falls as $5.7B Braze deal raises acquisition concerns
Salesforce CRM has agreed to acquire marketing software company Braze for approximately $5.7 billion in cash, expanding its artificial intelligence capabilities as the software company looks to strengthen its position…
Micron stock is stuck in a bear market: 4 reasons this crash is a gift
Micron Technology stock has slumped into a technical bear market after falling from the year-to-date high of $1,253 in June ro $878 today. This retreat has coincided with the ongoing…