Oil prices recovered on Thursday as renewed attacks on tankers in the Middle East raised concerns about supply disruptions, while gold climbed to a more than two-week high amid a…
Ideas
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Nvidia shares NVDA plunged on Thursday as a broad technology selloff and concerns about the future of artificial intelligence (AI) infrastructure spending weighed on semiconductor stocks. The stock fell as…
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Intel and Advanced Micro Devices shares fell sharply on Thursday as a broader technology selloff weighed on semiconductor stocks. Intel declined around 7%, while AMD plunged 14%. The Dow Jones…
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Arm Holdings shares fell on Thursday as investors focused on weaker-than-expected smartphone-related royalty revenue, despite the chip designer reporting higher quarterly sales and earnings. The stock declined around 12% in…
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Memory stocks extended their losses on Thursday as investors continued to reduce exposure to artificial intelligence (AI)-linked semiconductor companies following the US midterm elections. Micron Technology MU shares fell nearly…
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AppLovin (APP) shares surged on Thursday after the company delivered another quarter of “eye-catching” growth, but the real story extends far beyond a revenue or earnings beat. Record results, stronger-than-expected…
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Wendy’s (WEN) is back in the spotlight after rejecting a $1.4 billion take-private offer from a consortium led by activist investor Nelson Peltz’s Trian Fund Management. The proposal offered shareholders…
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Joby Aviation (JOBY) stock rallied on Thursday after the electric air taxi developer posted a strong Q3 release – topping revenue expectations, narrowing losses, and raising its full-year sales outlook.…
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US stocks opened lower on Thursday, with the Nasdaq under pressure as chipmakers and data centre-related stocks extended their declines for a second session. Investors continued to assess the potential…
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Snap shares SNAP fell more than 10% in premarket trading on Thursday after the social media company reported third-quarter revenue and user numbers that missed Wall Street expectations, raising questions…