Qualcomm eyes modular AI deal as stock falls on tech selloff pressure
Qualcomm Inc. QCOM shares moved lower on Tuesday, falling about 6% in trading as a broader technology selloff…
Economy
Micron, Sandisk, other memory stocks tumble on high AI spending and rate hike fears
Memory chip stocks came under heavy pressure on Tuesday, extending a broad technology selloff on Wall Street. Investors…
IBM stock jumps after JPMorgan upgrade on AI and software growth
Shares of IBM climbed nearly 5% in premarket trading on Tuesday after JPMorgan upgraded the technology company, citing…
EU ramps up pressure on Meta over child safety concerns
Meta Platforms is facing fresh regulatory pressure in Europe as the European Union prepares to escalate its investigation…
Dow falls 320 points as Nasdaq slides 2.2% in AI tech selloff
US stocks opened lower on Tuesday as a technology-led selloff accelerated, with semiconductor and artificial intelligence-related stocks coming…
Elon Musk’s net worth plunges $300B as SpaceX stock crashes
SpaceX stock price has suffered a major crash a few days after it launched the biggest initial public…
Amazon Prime Day begins today: Here’s what AMZN investors should know
AMZN kicked off its 12th annual Prime Day event on Tuesday, launching a four-day shopping extravaganza featuring millions…
Meta to acquire 20% stake in CRED through $900M investment
Meta Platforms Inc. is making a significant move into India’s fintech ecosystem with a $900 million investment in…
Western Digital, Seagate, Sandisk stocks are bracing for a major Micron event
Sandisk, Western Digital, and Seagate stocks have been in a strong rally this year and are the top…
Dow rises as US-Iran talks progress; investors await key inflation data
US stocks opened slightly higher on Monday as investors reacted to signs of progress in the latest round…
Nio, XPeng, Li Auto, BYD, Polestar: Why are China EV stocks tumbling?
China EV stocks are in a strong freefall this year as investors remain pessimistic about their growth prospects.…
Chevron stock slips despite long-term Microsoft AI power agreement
Shares of Chevron Corporation CVX traded lower after the oil major announced a long-term agreement with Microsoft Corporation…
Fervo Energy stock jumps on Nvidia AI partnership despite wider-than-expected loss
Shares of Fervo Energy FRVO surged on Monday as investors looked past a wider-than-expected quarterly loss and instead…
Top 3 catalysts for the S&P 500 Index this week
The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest…
Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand?
Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the…
Top crypto price predictions: Aerodrome, Jupiter, Aster
The crypto market remained in a consolidation mode on Sunday as demand waned following last week’s hawkish Fed…
USD/JPY: Here’s why the Japanese yen has slumped to a 40-year low
The USD/JPY exchange rate continued its strong rally last week, reaching its highest point since 1986. It peaked…
Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand
Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the…