Trump’s deal for Venezuelan oil unpacked, AI spending bubble fears, and more news to start your day
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Intel stock is rising but software names such as ServiceNow trade lower. Energy stocks are jumping as oil prices rises after U.S. strikes against Iran.
The fear of missing out has undoubtedly played a big role in the red-hot artificial-intelligence trade in recent years, whether investors would admit it or not. It’s also spread to the corporate world.
Stocks often fall in sympathy after a rival or peer’s disappointing earnings. It’s got to stop.
Stock markets brace for the Fed’s Warsh to speak at Jackson Hole as inflation fears grow, Warren Buffett praised for his role as Berkshire’s chairman, and more news to start your day.
The tech sector looks set for an everything rally Thursday. Well, almost everything.
Nvidia, Salesforce, and CrowdStrike prove it pays to bet on the AI veterans, stock futures jump, and AMD partner Nutanix’s earnings beat.
Meta Platforms agrees to pay $18 billion to settle a lawsuit over its social media practices.
The software sector’s artificial-intelligence pain is starting to look chronic.
The company’s earnings could help boost the AI trade, but software stocks need even more help.
Stocks rose Tuesday as the tech sector and chip stocks rebounded.
The carrier unveiled the largest international expansion in its history, added 10 new cities to its 2027 schedule.
The world’s largest cryptocurrency has had a dramatic rise, jumping 23% in the past week.
Highflying artificial-intelligence stocks, such as memory storage company Sandisk, trade lower.
Strategy raised $2 billion through stock sales last week, boosting its cash reserves and creating a new liquidity pool as Bitcoin rallied.
Trump Media shares are finally on the up after a bad run.
Robots have been around for decades, but Unitree, Tesla, and others are using AI to train a new generation. It’s more C-3PO and R2-D2 and less robot welders.
Chip stocks spent just 21 days in bear market territory. But that’s where the good news ends on Tuesday.
Adjusted earnings per share (EPS) of $4.92 beat analysts’ estimates of $4.73, while sales rose 5.6% to $47.9 billion—topping expectations of $47.2 billion.
The memory storage company’s shares are on a five-day winning streak and on track to make that six.
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