stocktrader

Samsung Electronics vaulted past the $1 trillion market capitalization mark on Wednesday after its shares surged by more than 10%. The move briefly put the company at about 1,500 trillion won, or roughly $1.03 trillion. That made Samsung only the second Asian company after Taiwan’s TSMC to cross the milestone, while South Korea’s KOSPI index… Continue reading Samsung hits $1 trillion: what’s behind the 10% surge in one day?

Shares of Strategy (previously known as Microstrategy) declined in extended trading on Tuesday after the bitcoin-focused firm reported a significantly wider first-quarter loss, reflecting the impact of falling cryptocurrency prices on its large digital asset holdings. The company, led by Michael Saylor, posted a net loss of $12.77 billion, or $38.25 per share, for the… Continue reading Strategy (MSTR) posts $12.7B loss as bitcoin slump hits crypto holdings

Advanced Micro Devices (NASDAQ: AMD) is pushing higher in extended hours after delivering a comprehensive “beat and raise” that underscores its growing dominance in the AI infrastructure trade. In Q1, the chipmaker earned $1.37 on a per-share basis and generated $10.25 billion in revenue – handily beating both Wall Street estimates and the last year’s… Continue reading AMD stock pops on Q1 earnings but HSBC recommends caution

US stocks closed higher on Tuesday, with all three major indexes advancing as easing oil prices and a strong earnings backdrop lifted investor sentiment despite ongoing geopolitical tensions in the Middle East. The Dow Jones Industrial Average rose 356 points, or 0.7%, while the S&P 500 gained 0.8% after hitting an all-time intraday high. The… Continue reading Dow jumps 356 pts as S&P 500, Nasdaq hit records

Digi Power X (NASDAQ: DGXX) soared nearly 40% on Tuesday morning after announcing a 10-year, $1.1 billion colocation agreement with an AI hardware developer, Cerebras Systems. Once a micro-cap player in energy infrastructure, DGXX seems to be making an aggressive pivot to seize the rising demand for high-density artificial intelligence data center capacity in 2026.… Continue reading Penny stock DGXX is soaring, and it has AI firm Cerebras to thank

Global markets saw mixed signals Tuesday as the US said its ceasefire with Iran remains intact despite fresh clashes near Hormuz, oil prices fell on easing escalation fears, Bitcoin climbed to $81,500 amid rising tokenization momentum, and Intel shares surged on optimism around potential foundry deals with Apple. US reaffirms Iran ceasefire despite fresh tensions… Continue reading Evening digest: Oil slips, Bitcoin rallies above $81k as geopolitics shift

Shares of Bullish (NYSE: BLSH) surged on Tuesday after the cryptocurrency exchange operator announced a $4.2 billion agreement to acquire Equiniti, marking a major step in its push to build infrastructure for tokenized securities. The all-stock transaction, which includes the assumption of $1.85 billion in debt, is expected to close in January 2027, subject to… Continue reading Bullish stock jumps 10%: Why Equiniti deal could be pivotal?

Shares of Duolingo (NASDAQ: DUOL) fell sharply, dropping as much as 8.7% on Tuesday, as investors focused on weaker-than-expected user growth despite a strong first-quarter revenue performance. The stock has declined 43% this year, with losses widening to 79% over the past 12 months. The sell-off underscores growing investor concern that the company’s growth strategy… Continue reading Duolingo stock sinks: Are weak user metrics the real concern?