Oil prices plunged nearly 9% as investors assessed the implications of the US midterm elections for the war in Iran and the outlook for energy supplies. Gold climbed more than…
Category:
Ideas
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IREN stock extended its sell-off, falling to its lowest level since August and mirroring the weakness across other neocloud names such as CoreWeave, Nebius, and Riot Platforms. The shares dropped…
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Novo Nordisk shares NVO rallied on Wednesday after the Danish drugmaker reported stronger-than-expected third-quarter results, driven by demand for its Wegovy weight-loss pill, and raised its full-year outlook for the…
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Adobe shares ADBE rose on Wednesday despite another downgrade from Wall Street, as investors weighed concerns about the software company’s growth outlook against expectations for its upcoming quarterly results. The…
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Nvidia shares NVDA fell on Wednesday as part of a broader sell-off in semiconductor stocks after Democratic victories in the US midterm elections raised concerns that data centre construction could…
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Cloudflare stock has reversed sharply since October, falling from its year-to-date high of $370 to $264 as investors worry about its hefty valuation ahead of earnings. Several notable analysts have…
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Shares of major cloud technology companies rose on Wednesday despite Democratic victories in the US midterm elections, raising the prospect of tighter restrictions on artificial intelligence data centres. Amazon stock…
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Apple shares AAPL rallied on Wednesday, hitting a record high as investors considered whether Democratic victories in the US midterm elections could benefit the iPhone maker by slowing data centre…
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Not every company tied to artificial intelligence (AI) is attracting capital equally. While investors have grown more “selective” toward software names after sharp selloffs in stocks such as Fortinet and…
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Block shares XYZ surged in trading on Wednesday after the fintech company reported third-quarter earnings and revenue above analyst expectations and raised its full-year profit outlook. The Jack Dorsey-led company…