Shares of Regeneron Pharmaceuticals (REGN) fell about 12% on Monday, making the biotech company the worst-performing stock in the S&P 500 after its experimental melanoma treatment failed a pivotal late-stage…
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Shares of Seagate Technology (STX) fell sharply on Monday after comments from CEO Dave Mosley raised investor concerns that the company may struggle to keep pace with surging artificial-intelligence-related demand…
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US stocks ended mixed on Monday as investors monitored rising oil prices, elevated Treasury yields, and escalating tensions in the Middle East, while technology stocks extended their recent pullback after…
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Shares of Micron Technology (MU) fell sharply on Monday as investors weighed the impact of potential labor disruptions at rival Samsung Electronics and broader questions surrounding the future of memory-chip…
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US rare earth miners are seeing immense pressure today (May 18) due to a combination of cooling global commodity prices, geopolitical headline shifts, and company-specific supply-side risks. MP Materials (MP)…
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A California court delivered a major legal setback to Elon Musk after a jury rejected his claims against Sam Altman and OpenAI, dealing a blow to the billionaire’s effort to…
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Shares of Nvidia (NVDA) slipped Monday as investors paused following the stock’s recent rally and turned their attention to the chipmaker’s earnings report later this week. The stock fell roughly…
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HIVE Digital (HIVE) ripped higher on Monday after announcing a plan to set up a C$3.5 billion ($2.55 billion) artificial intelligence (AI) gigafactory in Toronto. This mega-facility will draw roughly…
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Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere,…
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Shares of Intel (INTC) fell 2% on Monday, extending the stock’s losing streak to a fifth consecutive session after a sharp pullback late last week. However, the stock recovered and…