Memory chip and storage stocks staged a strong recovery on Thursday, with investors rushing back into the sector after a sharp selloff triggered by Samsung Electronics’ quarterly earnings earlier this week. Micron Technology climbed more…
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Alibaba (BABA) stock is printing its strongest single-day performance in about ten months on July 8th following a sneak peek into its fiscal Q1 results. Investors are loading up on the Chinese tech behemoth…
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Nvidia stock (NVDA) fell on Tuesday after a report that Chinese artificial intelligence startup DeepSeek is developing its own inference chip added to investor concerns that major AI customers are increasingly looking to reduce their…
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ZIM Integrated Shipping Services (ZIM) stock is under immense pressure this morning following a massive regulatory roadblock to its highly anticipated buyout. The sell-off even saw ZIM sink below its 20-day and 50-day moving averages…
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The satirical news site The Onion isn’t waiting to take possession of Infowars to launch a parody of Alex Jones ’ conspiracy platform. More than a year after first trying to buy Infowars, The Onion…
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The artificial intelligence boom has a people problem, and it is getting worse faster than most investors have noticed. While Wall Street has spent the better part of three years fixating on chip stocks, hyperscaler…
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US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally. Investors pulled $17.2 billion from US stock funds in the week through July 1, according…
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Europe’s benchmark STOXX 600 index climbed to a record high of 653.19 on Friday before easing to trade around 652.66, putting it on track for its biggest weekly gain in more than a month. European…
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Rivian Automotive (RIVN) shares are ripping higher on Thursday morning following a bullish Q2 deliveries update that shattered both internal and Wall Street expectations. Investors are cheering the EV stock after management revealed it produced…
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Nebius Group (NBIS) stock is under immense pressure this morning mostly because of aggressive new competitive threat from its biggest customer – Meta Platforms (META). As investors bailed on NBIS, the artificial intelligence (AI) infrastructure…