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GameStop (GME) shares rose on Wednesday after the video game retailer reported record quarterly earnings and unveiled a new $2 billion share repurchase program, even as its recent bid to acquire eBay failed to gain traction. The company’s stock climbed 6.12% to $22.21on Wednesday after it posted what it described as the highest quarterly net… Continue reading GameStop stock jumps after record profit, $2B buyback approval

Intel (INTC) stock climbed sharply on Wednesday, putting the chipmaker on track to snap a five-session losing streak. The stock rose 3% to $111.36, recovering some ground after a recent pullback. Intel had been one of the semiconductor sector’s strongest performers earlier this year, surging 214% between March 30 and May 11. However, that rally… Continue reading Why Intel stock is outperforming the broader market today

Laser Photonics (LASE) shares ripped higher this morning (Jun. 3) on a major $13.2 million follow-on order from the US Navy. The upward momentum drove LASE’s relative strength index (RSI) into the early 90s – indicating extremely “overbought” conditions that often attract profit-takers. At its intraday peak, Laser Photonics stock was seen trading at more… Continue reading LASE stock nearly doubles as US Navy shows more love

Shares of private market investment firms came under pressure on Wednesday after Switzerland-based Partners Group announced it was capping withdrawals from one of its flagship private equity funds, reviving investor concerns about liquidity across the alternative asset management industry. Partners Group shares fell 16% in Zurich trading after the company confirmed that redemption requests for… Continue reading KKR, Blackstone shares tumble as private equity jitters return

Palo Alto Networks (PANW) shares fell on Wednesday despite the cybersecurity company reporting fiscal third-quarter results that exceeded Wall Street expectations and raising its outlook. Investors appeared to focus on acquisition-driven growth and broader market pressures, sending the stock lower despite the earnings beat. The stock was down about 4% in trading on Wednesday after… Continue reading Palo Alto beats estimates, but stock slips despite AI security boom

Vanguard’s flagship S&P 500 exchange-traded fund has become the first ETF in history to surpass $1 trillion in assets. The milestone underscores the growing dominance of passive investing and its potential influence on a wave of massive stock market listings expected later this year. The fund, known by its ticker VOO, crossed the milestone on… Continue reading AI frenzy pushes Vanguard’s VOO past $1T in assets

Software stocks are staging a strong comeback after a bruising selloff earlier this year, as investors increasingly bet that artificial intelligence will become a growth catalyst for the industry rather than a disruptive threat. The turnaround has been swift. The iShares Expanded Tech-Software Sector ETF (IGV), a widely followed benchmark for software shares, has surged… Continue reading DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report

USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development of a domestic rare earth supply chain. The agreements formalize an earlier announcement that the Trump administration would support a $1.6 billion debt-and-equity funding package… Continue reading USA Rare Earth secures up to $1.6B CHIPS funding for US expansion