Evening digest: Moonshot causes AI selloff, Apple retakes top market cap crown
On Friday, Chinese AI startup Moonshot sparked a fresh selloff in global semiconductor stocks after unveiling its latest Kimi K3 model. Apple…
Microsoft stock falls, analysts trim price targets ahead of Q4 earnings
Microsoft (NASDAQ: MSFT) shares fell 1.5% on Friday, extending a difficult year for the software giant as investors continued to weigh heavy…
Dow falls nearly 400 points as chip selloff deepens, Wall Street posts weekly loss
US stocks closed lower on Friday, capping a weak week for Wall Street as a deepening selloff in semiconductor stocks and renewed…
Nvidia, Micron lead 4 cash-rich stocks with rising profit forecasts
Some of Wall Street’s fastest-growing companies are turning expansion into something more tangible: cash. Nvidia, Micron Technology, CrowdStrike and Palo Alto Networks…
The $55B quarter: how trading, AI, and dealmaking drove record earnings for Big Banks
Wall Street’s biggest banks are proving that even geopolitical uncertainty and volatile markets can be highly profitable when trading desks stay busy…
Markets are trying to define direction after weak inflation…
The week of July 14–18 was notable due a first disinflationary CPI print for the long time. Kevin Warsh’s first congressional testimony,…
SpaceX stock: $800 bull vs $115 bear after Starship abort
The comforting story about SpaceX stock is that Thursday’s aborted Starship launch was just an engineering hiccup and the dip is a…
Here’s why Tokyo Electron, Advantest, and Kioxia stocks are plunging today
The Nikkei 225 Index slumped by over 5% today, July 17, as the rout in Asian technology companies accelerated. It has now…
Tesla stock tumbles: why a SpaceX takeover may be impossible to pull off
Tesla stock (NASDAQ: TSLA) extended its decline heading into Friday as investors questioned whether SpaceX could realistically finance a takeover of Elon…
Top FTSE 100 Index shares to watch next week: Airtel, BT Group, Compass Group
The FTSE 100 Index has remained in a narrow range this week as traders reacted to the rising tensions between the US…
Burberry share price has dipped after earnings: what next?
Burberry Group share price slipped by over 3% today as the luxury goods company published a strong trading statement that came out…
SpaceX stock slips further after Starship test flight scrub: Is the 19% dip a buy?
SpaceX shares fell in after-hours trading after closing below their IPO price for the first time on Thursday. The decline came after…