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Shares of Lumentum Holdings extended their strong run on Wednesday, climbing as much as 11.7% intraday as investor enthusiasm around artificial intelligence infrastructure continued to build. The stock was trading at $766.85, up 9.1% at the time of writing, putting it on track for its largest percentage gain since March 24, when it rose 10%,… Continue reading Lumentum stock surges as AI demand and hyperscaler spending soar

Shares of NVIDIA Corporation moved higher on Wednesday, rising as much as 1.67% before paring gains to trade about 0.6% higher. The advance came after the chipmaker closed the first quarter on a stronger note, even as it logged its second consecutive quarterly decline. The stock has fallen 6.5% over the past three months through… Continue reading Why Nvidia stock may rebound after recent losses

Shares of space and aerospace companies rallied on Wednesday after a Reuters report said SpaceX confidentially filed for a US initial public offering, fueling optimism that the sector could be entering a new phase of growth. The IPO, which could value the company at more than [MONEY value=”1,700,000,000,000″ currency=”usd” notation=”long” replace=”false”], has drawn significant attention… Continue reading Space stocks jump as SpaceX IPO buzz sparks sector-wide rally

Tilray Brands (NASDAQ: TLRY) is seeing pressure this morning even after reporting an 11% year on year increase in revenue to a record $207 million for its third financial quarter. The price action may be puzzling to some, given the release signalled improving profitability and strong international cannabis growth as well. But a deeper dive… Continue reading Deep dive: why Tilray stock sell-off despite record revenue makes sense

SpaceX, the private aerospace firm founded by Elon Musk, has confidentially filed for an initial public offering (IPO), according to a report by Bloomberg. The company submitted a draft IPO registration statement to the US Securities and Exchange Commission through a confidential filing. This process allows companies to receive feedback from the regulator and make… Continue reading Elon Musk’s SpaceX files confidentially for IPO: report

Tesla shares rose 2.6% to $381.52 in early trading on Wednesday, tracking a broader market rally. The S&P 500 advanced around 1%, while the Dow Jones Industrial Average gained 0.9%. The Nasdaq Composite rose 1.6%. Markets moved higher as oil prices declined and expectations grew that the US-Iran conflict could ease. Donald Trump said Iran’s… Continue reading Tesla stock is surging 2.5% ahead Q1 sales data: what to expect

US investment advisers are warning clients of a broadening set of risks heading into the second quarter, citing hotter inflation, mounting geopolitical tensions and emerging strains in the private credit market, after the S&P 500 posted its worst quarterly performance since 2022, Reuters reported. The index fell 4.6% in the first quarter, ending a period… Continue reading S&P 500 worst quarter since 2022 puts 60/40 portfolios under stress

Shares of ExxonMobil declined on Wednesday, tracking a pullback in crude prices as investor optimism grew that the conflict between the United States and Iran could ease in the coming weeks. Despite the near-term pressure, the broader outlook for the energy giant remains supported by strong fundamentals and elevated oil prices. The stock fell 4.7%… Continue reading ExxonMobil stock slips as oil falls, but rally may not be over yet

Shares of Oracle Corporation opened lower on April 1, 2026, even as investor sentiment remained supported by its expanding artificial intelligence (AI) strategy and planned cost-cutting measures. The stock was trading at $146.29, down 0.7%, in early market hours. The decline follows a strong prior session, where shares rose about 6%. Layoffs to support AI… Continue reading Oracle stock slips despite layoff reports: here’s why