Micron stock (NASDAQ: MU) reports fiscal third-quarter earnings after the US market close on Wednesday, and the options market has already marked the event as a potential shock. The stock has been one of the…
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Wall Street’s Tuesday setup is no longer just about oil or geopolitics. Nasdaq futures were pointing to a sharp selloff before the bell as investors questioned whether the AI trade can keep absorbing higher borrowing…
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Shares of Reliance Industries Ltd rose on Monday after the conglomerate’s annual general meeting (AGM) unveiled a series of growth initiatives, including the proposed listing of Jio Platforms, artificial intelligence investments, and new energy projects.…
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US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary easing, with some now expecting…
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Indian IT shares fell sharply on Friday after Accenture’s weaker outlook revived concerns that global technology spending remains fragile despite strong investor enthusiasm around artificial intelligence. The Nifty IT index dropped as much as 5.8%,…
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MU, SNDK, STX, WDC stocks rise after Apple chief warns of memory-driven price hikes
by adminby adminShares of memory and storage companies climbed in premarket trading on Thursday after Apple Chief Executive Tim Cook warned that soaring memory and storage chip prices could force the iPhone maker to raise product prices.…
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SpaceX rally sparks tech-stock bubble concerns, fuels meme-stock comparisons
by adminby adminSpaceX’s blistering rally since its stock market debut is reigniting concerns that investor enthusiasm for artificial intelligence and technology stocks may be pushing valuations into bubble territory, with some market observers also drawing comparisons to…
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SpaceX (SPCX) has formally agreed to acquire artificial intelligence coding startup Cursor in a transaction that values the company at $60 billion. The acquisition advances Elon Musk’s efforts to strengthen his position in one of…
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SpaceX stock climbed in premarket trading on Monday after the Elon Musk-led company delivered a strong debut on the Nasdaq, with investors betting that upcoming index inclusions could provide another catalyst for gains. The stock…
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SpaceX (SPCX) made history on Friday – raising $75 billion in the largest IPO “ever” – promptly gaining 19% in its Nasdaq debut. The frenzy is real, the story is compelling, but the valuation, hovering…