Here’s why IREN, CoreWeave, and Nebius stocks are in free fall
Top neocloud stocks are in a freefall, erasing billions of dollars in value as concerns about AI spending emerge. IREN stock dropped to $33.61, its lowest level since April 7,…
Category
Category: Stock
Dow sinks 480 points as AI selloff deepens, chip stocks extend losses
Wall Street’s main indexes opened lower on Friday as investors continued to pull back from semiconductor stocks, extending a broader reassessment of the artificial intelligence-driven rally that had powered markets…
Dell stock has stalled since May: will it pop or crash?
Dell Technologies stock has moved sideways since May, when it peaked at a record high of $469.60. It retreated to $412 as investors remained jittery about the AI sector and…
The world’s most valuable IPO, SPCX, is now Wall Street’s most shorted new stock
SpaceX has become one of Wall Street’s biggest targets for short sellers just weeks after completing the largest initial public offering in history, as investors increasingly bet that the Elon…
Salesforce stock has slumped amid SaaSpocalypse concerns: what next?
Salesforce stock has plunged by more than 50% from its December 2024 peak as concerns about its growth outlook have intensified. Its market capitalization has fallen from more than $347…
Buy GE Vernova, Lam Research, United Airlines stocks: Morgan Stanley
Morgan Stanley has identified three stocks that could outperform as the second-quarter earnings season gets underway. The Wall Street bank highlighted GE Vernova (NYSE: GEV), Lam Research (NASDAQ: LRCX), and…
Lucid Group stock has crashed amid bankruptcy fears: Is it safe to buy the dip?
Lucid Group stock is attempting to rebound today, July 15, after plunging more than 40% in the previous session. LCID rose by about 2% in premarket trading to $4.73, recovering…
Dow rises 140 points as softer inflation, BlackRock, PayPal lift US stocks
US stocks opened higher on Wednesday after investors responded to another softer-than-expected inflation report and a fresh round of corporate earnings. Chip stocks fell even after upbeat guidance from ASML.…
Oracle stock drops below crucial support as its bond yields jump: now what?
Oracle stock continued its strong freefall this week, reaching its lowest level since April last year. ORCL has slumped by over 62% from its all-time high, with Larry Ellison’s net…