Cerebras jumps 17% as Wall Street backs the Nvidia challenger's AI strategy

Why Sandisk, Micron stock are plunging upto 9% on Tuesday

Shares of memory and storage companies fell sharply on Tuesday as investors took profits following a massive rally tied to artificial intelligence infrastructure demand, triggering a broad selloff across the…

Why analysts are bullish on Broadcom stock despite a 4% fall today?

Shares of Broadcom fell sharply on Tuesday as investors took profits following a massive rally tied to artificial intelligence infrastructure demand, even as analysts continued raising price targets ahead of…

Boeing stock slips as April deliveries miss expectations, lawsuit looms

Shares of Boeing fell on Tuesday after the aerospace manufacturer reported April aircraft deliveries that came in slightly below investor expectations, while the company also faced renewed legal scrutiny tied…

Evening digest: Oil stays above $100, Warsh moves closer to leading Fed

US President Donald Trump said trade would dominate discussions during his upcoming summit with Chinese President Xi Jinping, even as tensions surrounding the Iran conflict continue to pressure global energy…

Dow ends 50 points higher as Nasdaq slides on inflation, chip selloff

US stocks closed mixed on Tuesday as a selloff in semiconductor shares and rising oil prices pressured technology-heavy indexes following a hotter-than-expected inflation report for April. The S&P 500 slipped…

Retail investors are flooding into this recently launched AI-themed ETF

The semiconductor landscape is witnessing a structural shift in retail capital allocation as the DRAM memory chip exchange-traded fund (ETF) emerges as a primary vehicle for AI infrastructure plays. Launched…

What wiped $66 billion off Samsung’s market value in hours?

Samsung Electronics was expected to benefit from the AI boom, but is now facing a growing labor dispute. The world’s biggest memory-chip maker found itself at the center of a…

Asian stocks drop as inflation fears rise and Samsung leads Korea losses

Asian equities fell on Wednesday after a stronger-than-expected US inflation reading and stalled talks between Washington and Tehran undermined risk appetite, prompting investors to cut exposure to regional stocks and…

Travel stocks under pressure as India signals push to curb overseas travel

Indian travel stocks came under pressure after Prime Minister Narendra Modi urged citizens to avoid unnecessary foreign travel, cut fuel consumption and defer gold jewellery purchases for a year, as…

Energy and banks lift European earnings despite Middle East war concerns

 European companies are on track to report their strongest quarterly earnings growth in three years, driven largely by gains in the energy and financial sectors, even as concerns over the…

Siemens Q2 profit misses estimates as geopolitical pressures persist

Siemens reported weaker-than-expectedsecond-quarter earnings on Wednesday. The German engineering group posted strong order growth and maintained its full-year outlook despite what it described as a “very demanding” geopolitical environment. The…