The just reminded everyone how fast things break when fear takes the wheel. Down nearly 2% on Wednesday. Down more than 4% on Friday, June 5, volatility has returned to the market in a big way. Sharp intraday swings, widening ranges, and rapidly changing sentiment have become the norm rather than the exception Most traders ...
The artificial intelligence buildout has created a new category of winners in enterprise software. One of the beneficiaries has been observability, the category of tools that tells companies what is happening inside their cloud environments in real time. More AI workloads mean more complexity, more failure points, and more need for platforms that can make ...
Key Points Intel’s foundry business has gained solid momentum lately, and a new deal with Google suggests its performance will improve further. Intel is trading at an expensive valuation right now, but the stock could keep rising as the company can keep delivering better-than-expected growth. 10 stocks we like better than Intel › Intel (NASDAQ: ...
A key reason why earnings reports mean so much is their ability to turn anecdotes into evidence. When a company performs well, it’s usually a sign that it’s growing and retaining its customer base. The opposite is true when a company underperforms. But the point is, earnings reports matter because they translate customer behavior into ...
Chewy is not without hurdles or headwinds, like any consumer retailer this year. However, market fears are clouding an otherwise bullish outlook, setting the stage for a massive stock price rebound over time. Critical factors include the company’s digital-first presence, its strength in dailies and consumables, and the visibility of cash flow. The digital-first presence ...
Key Points Apple dropped 3.8% after unveiling Siri AI at its developer conference, on track for its worst day since February. The iShares Semiconductor ETF fell 8.6%, erasing Monday’s rebound and then some. SpaceX goes public Friday in what’s expected to be the largest IPO ever, with OpenAI and Anthropic filings close behind. 10 stocks ...
The media hype surrounding ’s upcoming mid-June initial public offering (IPO) is immense. The company recently filed its S-1 with the SEC, targeting a valuation of $1.75 trillion and a capital raise of up to $75 billion. Some believe its valuation could rise to $2 trillion after the IPO. In its wake, Anthropic (Claude) and ...
Oracle will report fiscal fourth-quarter results after closing, with investors watching whether it can turn a large AI backlog into revenue while maintaining cloud infrastructure growth. The company guided for 19%–21% revenue growth and adjusted EPS of $1.96–$2.00 for the quarter, versus analysts’ expectations of $19.10 billion in revenue and $1.96 EPS. Key Highlights shares ...
Corning Incorporated GLW has signed a multibillion-dollar, long-term agreement with Amazon.com, Inc. AMZN to supply optical fiber, cable and connectivity solutions for Amazon’s growing U.S. data center network. The deal strengthens Corning’s position in the artificial intelligence (AI) and cloud infrastructure market while supporting the expansion of the country’s manufacturing and job creation. As part ...
Here’s a quick recap of the crypto landscape for Monday (June 8) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$63,444, trading 2.2 percent higher over the past 24 hours. Chart via TradingView. Bitcoin price performance, ...
