Dow ends lower as AI selloff drags Nasdaq, defensive stocks gain
The Dow Jones Industrial Average and the broader US stock market closed lower on Friday as investors continued…
Economy
Apple and Microsoft hike prices due to memory: is AI becoming an inflation machine?
The artificial intelligence boom has long been pitched as a transformative force that would boost productivity and eventually…
Why China’s top money managers believe the AI bubble is about to pop
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe…
Nvidia stock continues decline on Friday: what’s hurting the AI darling?
Nvidia stock (NVDA) fell again on Friday as a broader technology-sector selloff continued to pressure artificial intelligence stocks,…
Quantum Cyber jumps 24% on plans to acquire strategic stake in SpaceX
Shares of Quantum Cyber (NASDAQ: QUCY) surged 24% on Friday after the company announced that its board had…
VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal
The Vanguard S&P 500 ETF (VOO) stock has pulled back in the past seven consecutive days and is…
Dow falls 200 points as tech selloff deepens and chip stocks extend retreat
US stocks opened lower on Friday as investors continued to rotate out of technology stocks, with chipmakers facing…
Micron shares fall after AI-fuelled rally despite blowout earnings
Micron Technology’s MU shares fell sharply on Friday, giving up part of the gains recorded earlier in the…
Why is Jito price rising and how high can it climb?
Jito (JTO) extended its recent rally after recording another strong trading session, with the token climbing nearly 12%…
From SpaceX to Apple: how the tech-led AI rally suffered many blows this week and why
A bruising week for technology stocks has raised fresh questions about whether the artificial intelligence-fuelled market rally is…
WLFI holds amid political scrutiny as USD1 enters top 5 stablecoins
World Liberty Financial (WLFI) has continued to hold its ground despite facing heightened political scrutiny in the United…
Apple stock falls as memory shortage forces company to hike Mac and iPad prices
Apple shares fell nearly 5% on Wednesday after the company raised prices of several Mac and iPad models,…
Why is Blackberry stock surging over 20% today?
Shares of BlackBerry (BB) traded higher on Thursday morning after the company reported stronger-than-expected first-quarter results and raised…
Why Nvidia stock isn’t joining the Micron-led surge today
Nvidia (NVDA) stock fell on Thursday, giving up premarket gains as investors weighed growing competition in the artificial…
HYPE rebounds from $59, but weak leverage keeps bulls on a leash
HYPE has rebounded to around $63.5 after a June 24 selloff dragged the token to an intraday low…
Gold hits 7-month low: 3 ‘strong buy’ stocks with 100%+ upside potential
Gold has dropped below $4,000 an ounce, but Wall Street is not giving up on every corner of…
Qualcomm wants $15 billion from data centres as phone-chip era shifts
Qualcomm has set out an ambitious growth target for its data centre business, forecasting $15 billion in sales…
Forex markets stay cautious ahead of US inflation, GDP and jobs data
The US Dollar Index edged lower on Thursday after rising for three straight sessions and touching its highest…