Why Alphabet stock is tanking over 6% on Monday
Alphabet shares fell as investors assessed the departure of prominent AI researchers and broader concerns about AI spending. The stock dropped more than 6.6%, falling to $343.47 in morning trading,…
Category
Category: Stock
Intel stock hits a new all-time high on Monday: here’s why
Intel INTC shares rose 3.9% on Monday, extending gains from the previous session after President Trump said on Truth Social that Apple AAPL had agreed to work with Intel to…
Why is HIVE stock soaring today and what comes next?
HIVE Digital (HIVE) shares soared on Monday morning as investors reacted to the firm’s recently announced pivot from BTC mining into AI and high-performance computing (HPC) infrastructure. Late last week,…
AI rally lifts SK Hynix above Samsung in market capitalisation
SK Hynix on Monday overtook Samsung Electronics to become South Korea’s most valuable listed company, in a striking turnaround for a chipmaker that had once come close to collapse under…
Bank of America names Nvidia, Meta and three others top tech stocks for H2
Bank of America has identified a fresh set of technology stocks that it believes are well-positioned heading into the second half of the year, with artificial intelligence and enterprise software…
FTSE 100 Index outlook: top 3 catalysts for the Footsie this week
The FTSE 100 Index has wavered in the past few weeks and continued to underperform its top global peers like the S&P 500, Kospi, and the Nikkei 225. It has…
Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand
Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink…
Why a hawkish Fed isn’t scaring Wall Street
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…