Micron Technology MU shares fell more than 1.8% on Friday as investors weighed fresh investment plans from South Korean memory chip maker SK Hynix alongside a more cautious outlook for memory pricing from Citi. The memory-chip maker has declined about 9% over the past month, although the stock remains up more than 660% over the
Wall Street ended lower on Thursday as investors paused after this week’s record-setting rally, weighing a fresh round of corporate earnings alongside renewed uncertainty over developments in the Middle East. The Dow Jones Industrial Average dropped 454 points, or 0.83%, while the S&P 500 slipped 0.18%. The Nasdaq Composite edged 0.04% lower as weakness in
World Chain has announced the launch of full block access lists, becoming the first production Layer-2 blockchain network to stream EIP-7928 block access lists within every flashblock. The feature is scheduled to go live on World Chain Mainnet on Aug. 17 and is designed to improve transaction throughput without increasing hardware requirements for validators. According
Shares of Coherent COHR surged on Tuesday after a report said the Trump administration is drafting restrictions on imports of new Chinese data center components, a move that could benefit US optical networking suppliers as cloud providers seek alternative vendors. Coherent shares climbed as much as 12% in trading following the Reuters report. Fellow optical
Wix (NASDAQ: WIX) stock has come under intense pressure this year as investors grew concerned that the rise of AI-powered “vibe coding” could disrupt its website-building business. After peaking at $246 in January last year, the stock has tumbled 77% to around $55. Against this backdrop, the company will need to reassure investors that its
Jim Cramer’s favourite dip-buying rule starts with a margin decline, but it does not end there. Investors must decide whether profits are temporarily compressed by investment or permanently damaged by weak demand and competition. Meta Platforms, Alphabet and SoFi are the clearest tests after their shares were punished by spending increases or cautious guidance. Intel
When FIFA on Tuesday announced plans to create a $20 billion subsidiary to manage the commercial rights of the World Cup and other major tournaments, the proposal immediately became one of the most controversial ideas in modern football governance. What initially appeared to be a financial restructuring has quickly evolved into a debate over who
Palantir stock price remained under pressure this week as traders waited for the second-quarter earnings. PLTR was trading at $122.26, down by over 40% from its highest point this year, erasing some of the gains it made last year. This retreat will be put to the test as it publishes its financial results. Palantir Technologies
Nebius Group (NBIS) shares are soaring on Thursday morning after the company said a Vera Rubin compute rack has officially gone live at its data center facility in Mäntsälä, Finland. As investors cheer the announcement, NBIS is challenging its 20-day moving average (MA), with a decisive break above the $197 level expected to sustain bullish
Qualcomm (QCOM) shares are inching lower in extended hours after the company reported fiscal Q3 results that reflected persistent semiconductor supply constraints. The company based out of San Diego, CA earned $2.21 per share in its third financial quarter, less than $2.23 that analysts had called for, as net income tumbled 25% year-on-year to $2