Advanced Micro Devices Inc
Stocks making the biggest moves premarket: Coursera, WW International, DexCom, Deckers and more
Check out the companies making headlines before the bell. CrowdStrike — Shares of CrowdStrike were up nearly 2% after CEO George Kurtz said that more than 97% of Window sensors were back online after last week’s global IT outage. However, the stock is on pace for a 17% week-to-date decline. Semiconductor stocks — Nvidia , […]
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AI startup Cohere cuts staff after $500 million funding round
Cohere, the artificial intelligence startup founded by ex-Google AI researchers and backed by Nvidia, cut about 20 roles on Tuesday, CNBC confirmed. The layoffs at Cohere, which had about 400 employees according to the company, follow the completion of a $500 million funding round from investors including AMD, Salesforce, Oracle and Nvidia that valued the company at […]
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The ‘Trump trade’ is on pause. Political uncertainty is now in the driver’s seat
It didn’t take long to remember what a second Donald Trump presidential term would mean for the stock market, did it? Unpredictability. Random attacks. No one safe. Mercurial positions. The only difference? Former Vice President Mike Pence meant nothing. He was supposed to mean nothing. Now the Republican candidate’s new running mate, Sen. JD Vance […]
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After a volatile week for tech stocks, here are the top analyst calls on Nvidia, Netflix and more
Tech stocks continued to sell off this week, as investors dumped more megacap tech names on Thursday. The tech-heavy Nasdaq Composite lost 0.7% Thursday after suffering its worst session since 2022 the day before. Chip stocks drove much of the volatility, moving lower Wednesday on reports of tougher export restrictions from the U.S. Investor-favorites Nvidia and U.S.-listed […]
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Nvidia rebounds after TSMC says AI chip demand remains strong
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. […]
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Stocks making the biggest moves midday: Nvidia, Johnson & Johnson, Sweetgreen, GitLab and more
Check out the companies making headlines in midday trading. Chip stocks — Several large chip stocks fell after Bloomberg News reported that said the Biden Administration is considering clamping down on companies that are exporting their chipmaking equipment to China. Nvidia fell 6%, while ASML slid 11%. AMD slipped 8%. Taiwan Semiconductor Manufacturing Company tumbled […]
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Stocks making the biggest moves premarket: Nvidia, GitLab, Five Below, J.B. Hunt and more
Check out the companies making headlines in premarket trading. Chip stocks —Some of the largest semiconductor stocks were lower following a Bloomberg News report that said the Biden Administration is contemplating stiffer trade restrictions over concern that U.S. companies are giving China too much access to domestic semiconductor technology. Nvidia pulled back 4.4%, while Taiwan […]
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Stocks making the biggest moves midday: Charles Schwab, Match Group, Bank of America and more
Check out the companies making headlines in midday trading. Charles Schwab – The financial services giant slid close to9% following its second quarter results. The firm reported adjusted earnings of 73 cents per share and revenue of $4.69 billion. These just barely beat estimates, as analysts polled by LSEG were expecting 72 cents earnings per […]
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With AI-associated shares in the spotlight, listed here are the leading analyst phone calls this week
Immediately after the Nasdaq Composite missing pretty much 2% on Thursda y, synthetic intelligence-related stocks are again in the highlight, with investors questioning whether their recent rally will keep on. The decline in tech and AI stocks will come immediately after a seemingly unstoppable rise as the buzz close to the opportunity for AI continued […]
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Stocks making the biggest moves midday: Delta Air Lines, SoundHound AI, WD-40, Tesla and more
Check out the companies making headlines in midday trading: Delta Air Lines — The stock fell almost 5% after the airline issued a sales growth forecast for the third quarter that came in below expectations. The company also reported an almost 30% decrease in net income for the second quarter compared to a year ago. […]
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