Tesla (TSLA) reported second-quarter vehicle deliveries that comfortably exceeded Wall Street expectations on Thursday, signaling a significant rebound in demand as the electric-vehicle maker navigates an increasingly competitive global market. The company delivered 480,126 vehicles worldwide during the second quarter, according to a statement released Thursday. The result came in well above analyst expectations. FactSet
US stocks have been in sharp uptrend since late March and the momentum is unlikely to slowdown in the second half of 2026, says CFRA’s chief investment strategist Sam Stovall. In his latest report, Stovall maintained that the benchmark S&P 500 index will reach 7,730 by year-end, indicating potential upside of another 4% from current
Nvidia, AMD, and Micron still dominate the AI stock conversation, but one much smaller semiconductor name has quietly stolen the performance spotlight in 2026. Navitas Semiconductor (NASDAQ: NVTS), which trades under the ticker NVTS, recently changed hands near $17 and carried a market value of about $4.3 billion. That makes it tiny compared with the
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising jitters that the AI boom is ending. This article highlights some of the top catalysts for the index and its ETFs like VOO and SPY.
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade. After an explosive run-up in semiconductor and model‑development stocks from Seoul to Silicon Valley, several of Beijing’s money managers now argue the rally has detached from fundamentals – and that
Apple shares fell nearly 5% on Wednesday after the company raised prices of several Mac and iPad models, becoming one of the latest consumer technology companies to pass on soaring memory and storage costs driven by the artificial intelligence boom. The AAPL stock was down about 4.89% at the time of writing. The price increases
Wendy’s shares WEN surged more than 30% in early trading on Wednesday as retail investors piled into the fast-food chain, overshadowing the company’s latest executive appointment and reviving memories of the meme-stock frenzy. The rally came after Wendy’s announced the appointment of former Potbelly executive Steven Cirulis as chief financial officer and chief strategy officer.
Tesla shares fell sharply on Tuesday after US regulators opened an investigation into a fatal crash in Texas involving one of the company’s vehicles, adding fresh scrutiny to the automaker’s driver-assistance technology. The stock dropped about 5% in early trading as investors weighed the implications of the investigation against an already challenging backdrop for technology
Shares of Fervo Energy FRVO surged on Monday as investors looked past a wider-than-expected quarterly loss and instead focused on the geothermal company’s new artificial intelligence partnership with Nvidia. The Houston-based geothermal startup, backed by Bill Gates, was up about 15% after announcing an agreement with Nvidia and the Pacific Northwest National Laboratory (PNNL) to
The USD/JPY exchange rate continued its strong rally last week, reaching its highest point since 1986. It peaked at 161.81, up by 15% from its lowest level in May last year, putting investors on edge as they wait for the next actions by the Bank of Japan (BoJ). USD/JPY jumps after the hawkish Fed The