US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate hikes, weighing on technology shares and other rate-sensitive investments. The S&P 500…
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Bending Spoons shares (BSP) surged on Wednesday after Berkshire Hathaway invested another $330 million in the Italian technology company, bringing its total investment to $930 million and increasing its stake…
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Affirm’s stock fell more than 11.5% on Wednesday to its lowest level since October 1, leaving it down 25% from its high for the year. The selloff extended after strong…
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Skydance (SKYD) shares are seemingly crashing on Wednesday morning, but this headline decline needs careful interpretation. The sell-off largely reflects the separation of shareholder warrants from the firm’s common stock,…
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SpaceX SPCX shares fell on Wednesday as a broader sell-off across US equities weighed on the space technology and artificial intelligence company, overshadowing the successful launch of its latest NASA…
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GE Vernova’s stock has slipped into a bear market this year, falling from its year-to-date high of $1,193 to $938. The retreat has erased part of the gains made earlier…
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Meta Platforms faced mixed analyst assessments on Wednesday as Goldman Sachs lowered its price target over concerns about rising operating expenses, while UBS and Guggenheim raised their targets on expectations…
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Nebius stock price retreated sharply today, October 14, reaching its lowest level since August 11 this year. NBIS dropped to $185.63, down by nearly 40% from the year-to-date high. This…
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Nvidia NVDA shares fell more than 2% on Wednesday as hotter-than-expected US inflation data triggered a broader market sell-off, adding to pressure on semiconductor stocks that have struggled throughout the…
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Memory stocks, including Micron Technology MU, SK Hynix and SanDisk, traded lower on Wednesday as hotter-than-expected US inflation and persisting concerns about Chinese semiconductor manufacturer CXMT pressured the sector. Micron…