Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off

Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off



Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street.



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CoreWeave is the first cloud provider to deploy Nvidia’s latest AI chips
Technology

CoreWeave is the first cloud provider to deploy Nvidia’s latest AI chips

Nvidia CEO Jensen Huang in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia’s Blackwell Ultra chips, the company’s next-generation graphics processor for artificial intelligence, have been commercially deployed at CoreWeave, the companies announced on Thursday. CoreWeave has received shipments of Dell-built shipments based around Nvidia’s GB300 NVL72 AI systems, Dell said on […]

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IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending
Technology

IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending

Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company’s IPO, in New York City, U.S., June 5, 2025. NYSE For over three years, venture capital firms […]

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Tripadvisor stock surges 10% as Starboard Value builds sizable stake in online travel company
Technology

Tripadvisor stock surges 10% as Starboard Value builds sizable stake in online travel company

The Tripadvisor logo is displayed on a tablet. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Tripadvisor stock jumped 10% Thursday after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing. The position was valued at about $160 million as of Wednesday’s close. Tripadvisor […]

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