The stock market just got a fresh jolt of turbulence, and traders are buckling up for more. Monday’s rollercoaster session saw the S&P 500 index wipe out a staggering $1.5 trillion in value as trade war fears reignited. ETFs tracking the index closed lower: the SPDR S&P 500 ETF SPY closed lower by 1.75% while ...
Rigetti Computing Inc. RGTI missed its fourth-quarter estimates but equated its quantum computing progress with International Business Machines IBM and Alphabet Inc.‘s GOOG GOOGL Google with an ambitious target of scaling its chiplet strategy up to 100 qubits in 2025. What Happened: Quantum Computing race heats up as Rigetti’s president and CEO, Subodh Kulkarni, said ...
Lemonade’s (NYSE:) stock price has surged over 15% in the past five days following its strong Q4 2024 earnings report, continuing its upward trajectory with an 8% increase by midday on March 3, 2025. The artificial intelligence (AI)-driven insurtech company has been a topic of debate among investors, with rapid growth but elusive profitability. However, ...
Based in Santa Clara, California, Intel Corporation (INTC) is one of the world’s largest semiconductor companies that designs, develops, manufactures, markets, and sells computing and related products and services. Valued at a market cap of almost $98.5 billion, the company offers microprocessor and chipset, stand-alone SoC, multichip package and various other semiconductor products. Companies worth $10 ...
Nvidia stock (NASDAQ:NVDA) tumbled by close to 9% in Monday’s trading, with the broader Nasdaq index sliding by a little over 2%. While the broader market sell-off comes as U.S. President Donald Trump confirmed that his administration will enforce tariffs of 25% on imports from Canada and Mexico starting from Tuesday, Nvidia’s decline was compounded ...
Shares of Energy Fuels UUUU hit a new 52-week low of $3.78 during yesterday’s trading before finishing a tad higher at $3.80. The company reported fourth-quarter 2024 results on Feb. 27, and its shares have lost 14% since then. Despite delivering higher revenues, Energy Fuels incurred a loss of 19 cents in the quarter. It ...
Stocks struggled for direction this week as trade tensions, weak economic data, and profit-taking in tech kept Wall Street on edge. Early in the week, consumer confidence plunged, sending investors flocking to bonds and pushing the 10-year Treasury yield to its lowest level since December. Meanwhile, trade war fears escalated after President Trump reaffirmed tariffs ...
Ford Motor F has reported a drop of 8.9% in auto sales in the United States for February 2025, reflecting ongoing challenges as the company navigates shifting consumer demand, production adjustments and increasing competition. While Ford’s electrified models, including hybrids and EVs, saw double-digit growth, its core gasoline-powered vehicle sales, which still make up most ...
Annual program recognizes women’s achievements in the digital world for the Americas, EMEA and Asia Pacific and India regions Information Services Group (ISG) III, a global AI-centered technology research and advisory firm, today announced that nominations are open for the fourth annual ISG Women in Digital Awards program, recognizing exceptional leadership among women. “ISG is ...
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a ...
