SanDisk stock (NASDAQ: SNDK) extended its decline after Thursday’s earnings announcement, despite the memory maker reporting a 378% jump in quarterly revenue and stronger profits than Wall Street expected. The…
-
-
Japan’s Nikkei 225 slumped nearly 3% on Friday as a renewed sell-off in global technology shares overwhelmed the Bank of Japan’s widely expected decision to leave interest rates unchanged. The…
-
South Korea’s KOSPI plunged more than 5% on Friday, triggering emergency trading curbs as Samsung Electronics and SK Hynix tumbled in a fresh rout of artificial intelligence-linked shares. The benchmark…
-
Amazon shares AMZN fell sharply in after-hours trading on Thursday after the company reported third-quarter revenue and earnings below Wall Street expectations, while its $220 billion capital expenditure plan renewed…
-
US stocks fell on Thursday as investors reassessed the scale of artificial intelligence spending by major technology companies and digested a fresh batch of corporate earnings and inflation data. The…
-
Intel shares plunged in after-hours trading on Thursday after the chipmaker issued a weaker-than-expected fourth-quarter outlook, overshadowing stronger earnings and rapid growth in its data-centre and artificial intelligence business. The…
-
Oracle stock ORCL fell 4% on Thursday as a broader sell-off in large-cap technology shares weighed on the company, despite analysts responding positively to its latest artificial intelligence infrastructure plans…
-
A clear Democratic victory in the November 3 midterms could put healthcare and retail stocks in the spotlight, according to Man Group’s election analysis. The investment firm sees both sectors…
-
Palantir Technologies shares have delivered relatively modest gains this year despite strong revenue growth, but analysts expect the artificial intelligence software company to maintain its momentum ahead of its third-quarter…
-
Nvidia is facing renewed scrutiny over its relationships with a Singapore-based data centre company after US intelligence agencies reportedly concluded that one of the company’s executives was collecting information for…