Cathie Wood is cutting exposure to two high-profile growth trades while adding to a defence stock that Wall Street increasingly thinks has fallen too far. ARK Invest sold 29,048 SpaceX…
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Adobe and Microsoft were hit by the same US immigration crackdown on Thursday, but Wall Street treated their shares very differently. Adobe stock (NASDAQ: ADBE) jumped 3.56% to $241.05 on…
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Firmus’ collapse at the final hurdle shows that even Nvidia’s backing cannot make public investors accept any price for an artificial intelligence story. The Australian data-centre operator abandoned its roughly…
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Japan’s Nikkei 225 fell more than 1% on Friday as a fresh sell-off in AI-linked shares collided with $100-plus oil and still-elevated global bond yields, leaving Tokyo at the centre…
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US stocks ended mixed on Thursday, with the Nasdaq Composite posting its steepest decline among the major indexes as artificial intelligence stocks came under pressure and rising oil prices added…
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OpenAI’s annualised revenue is approaching $50 billion, the Financial Times reported, citing financial documents shared with investors, falling about $20 billion short of previously reported figures. The discrepancy could temper…
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Intel and AMD shares traded lower on Thursday as a broader selloff in US equities intensified, with surging oil prices and Treasury yields raising concerns about inflation and interest rates.…
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Apple is preparing to expand its presence in the smart home market, with the company set to unveil a new range of devices at an event in New York City…
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Wall Street was rocked on Thursday following a Financial Times report revealing that Starbucks (SBUX) has spent recent months working with advisers to explore a potential takeover of Chipotle Mexican…
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Needham analyst John Todaro trimmed his price target on Applied Digital (APLD) on October 8th even though the AI infrastructure firm reported a blockbuster Q1 last evening. The company more…