Tesla stock (TSLA) plunged 13% on Thursday after the electric vehicle maker reaffirmed plans to sharply increase spending on artificial intelligence infrastructure. The move overshadowed stronger-than-expected revenue and reinforced investor concerns over rising capital expenditure and weakening cash generation. The stock extended losses after closing 1.3% lower on Wednesday. The stock’s market cap is now… Continue reading Why Tesla stock is tanking over 13% after Q2 earnings
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Micron stock gains 3%: how is the company benefiting from Alphabet and Tesla earnings
Micron Technology Inc. (MU) and SK Hynix shares rose in trading on Thursday after Alphabet increased its capital expenditure guidance for 2026, easing investor concerns that spending on artificial intelligence infrastructure could slow. Micron shares gained 3.3% in the session, while SK Hynix’s American Depositary Receipts advanced 6.2%. The rally followed Alphabet’s quarterly earnings, during… Continue reading Micron stock gains 3%: how is the company benefiting from Alphabet and Tesla earnings
Dow tanks over 600 points as oil surge, Alphabet and Tesla earnings weigh on markets
US stocks fell sharply on Thursday as escalating tensions in the Middle East sent oil prices higher, while disappointing reactions to earnings from Alphabet and Tesla added pressure to the broader market. The Dow Jones Industrial Average lost 604 points, or 1.2%, while the S&P 500 declined 1.2%. The Nasdaq Composite underperformed with a 1.8%… Continue reading Dow tanks over 600 points as oil surge, Alphabet and Tesla earnings weigh on markets
SK Hynix stock gains: ADR conversion cap could keep US shares trading at a premium
SK Hynix’s US-listed shares rose in premarket trading on Thursday. A report said the South Korean memory chipmaker has capped the number of domestic shares that can be converted into American depositary receipts (ADRs). The move could keep the stock trading at a significant premium in New York. The company, which made its Nasdaq debut… Continue reading SK Hynix stock gains: ADR conversion cap could keep US shares trading at a premium
Here’s why the Texas Instruments stock is falling after solid earnings
Texas Instruments stock fell more than 5% in premarket trading, despite reporting strong quarterly earnings and raising its forward guidance. TXN dropped to $280, leaving the stock more than 16% below its highest level of the year. So, will the pullback continue, or is the stock poised for a rebound? Texas Instruments is doing well… Continue reading Here’s why the Texas Instruments stock is falling after solid earnings
DRAM ETF inflows rise as Micron, SanDisk, SK Hynix, Samsung lead rally amid risks
Investors are piling into the Roundhill Memory ETF (DRAM) as top stocks in the industry bounce back. DRAM jumped to $59.23, up by 20% from its lowest level this month. DRAM ETF inflows are soaring as top stocks jump The Roundhill Memory ETF jumped as top companies in the memory sector bounced back. In South… Continue reading DRAM ETF inflows rise as Micron, SanDisk, SK Hynix, Samsung lead rally amid risks
Morgan Stanley stock in focus as Goldman Sachs predicts an M&A boom
Morgan Stanley stock has wavered recently, evem as the Wall Street company published strong financial results. MS was trading at $218, a few points below its all-time high of $232. This consolidation may lead to a strong rebound after a major Goldman Sachs prediction. Key Goldman Sachs prediction may boost MS stock Morgan Stanley is… Continue reading Morgan Stanley stock in focus as Goldman Sachs predicts an M&A boom
FTSE 100 edges lower as oil rises and investors await ECB decision
Britain’s FTSE 100 was little changed on Thursday. Gains in energy shares were offset by weakness in precious metal miners. Investors also remained focused on corporate earnings and the European Central Bank’s latest policy decision. The blue-chip FTSE 100 index fell 0.04% to 10,712.83 points by 1050 GMT. The mid-cap FTSE 250 index also declined.… Continue reading FTSE 100 edges lower as oil rises and investors await ECB decision
Dow futures plunge 154 points: 5 things to know before Wall Street opens
US stock futures fell on Thursday as investors gave a cool reception to the first major technology results of the season and oil surged towards $100 a barrel. Alphabet’s strongest-ever cloud growth was overshadowed by a larger AI spending plan, while Tesla’s first negative free cash flow in more than two years sharpened questions about… Continue reading Dow futures plunge 154 points: 5 things to know before Wall Street opens