Cerebras Systems (CBRS) shares are extending losses on October 12th as investors continue to reassess the artificial intelligence (AI) infrastructure company’s future prospects. CBRS is now trading at about half…
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Strategy (formerly known as MicroStrategy) stock MSTR was in the red on Monday, reversing an early gain as Bitcoin retreated from a session high of $84,227 to $82,788. The decline…
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Nvidia NVDA shares fell on Monday after Microsoft announced plans to ramp up production of its own artificial intelligence chip, calling the initiative its “biggest bet yet” on custom silicon.…
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C3.ai Inc (AI) stock is pushing higher on Monday morning after Northland Capital issued a bullish note in favour of the enterprise artificial intelligence software company. In his research note,…
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Bears are broadly in control of JPMorgan (JPM) stock heading into the bank’s Q3 earnings on Oct. 13 (before market opens), but the derivatives market believes the dynamic will shift…
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Micron Technology MU and SK Hynix shares traded lower on Monday as investors assessed the competitive implications of progress by China’s ChangXin Memory Technologies (CXMT) in developing a new memory-chip…
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Lockheed Martin stock has come under pressure and is underperforming the broader market this year. It was trading at $509 on Friday, down by 26% from its highest point this…
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US stocks gained on Monday as investors assessed rising oil prices and geopolitical tensions ahead of a busy week of corporate earnings and inflation data that could influence the Federal…
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Salesforce stock CRM gained more than 2% on Monday after Bank of America upgraded the shares to Buy from Underperform, citing the potential for artificial intelligence to strengthen demand for…
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Bank of America is telling investors to buy BWX Technologies, DraftKings and Grocery Outlet Holdings before they report third-quarter results, backing each name with a different argument. The companies span…