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US stocks closed mixed on Wednesday as investors navigated rising geopolitical tensions and higher Treasury yields. The Dow Jones Industrial Average fell 289 points to 47,417.21, while the S&P 500 slipped 0.08% to 6,775.75. The Nasdaq Composite bucked the broader weakness, edging up 0.08% to 22,716.14, supported by resilience in technology shares. Oil climbs despite… Continue reading US stocks close mixed as Dow drops 289 points despite tech resilience

Micron stock (NASDAQ: MU) surged nearly 5% on Wednesday as investors digested a fresh round of analyst upgrades. The fresh rally came in the backdrop of the artificial intelligence sector pulling demand in one direction, and the evidence shows that it is not slowing down. Micron’s rally on Wednesday was driven by multiple catalysts, including… Continue reading Why Micron stock is soaring nearly 5% today?

Papa John’s (NASDAQ: PZZA) is ripping higher on Wednesday after reports surfaced that a Qatari-backed fund – Irth Capital – has submitted a formal bid to take it private. According to sources familiar with the matter, the fund is willing to pay $47 per share for PZZA – an exciting 50% premium over its previous… Continue reading What’s happening with Papa John’s stock today?

Elon Musk on Wednesday unveiled a new artificial intelligence project developed jointly by Tesla and the startup xAI that he said could emulate the functions of software companies. In a post on social media platform X, Musk described the project as “Macrohard” or “Digital Optimus,” a system that pairs xAI’s Grok large language model with… Continue reading Musk unveils Tesla-xAI project ‘Macrohard’ to emulate software companies

Famed investor Jim Cramer says it’s hard to see Campbell’s (NASDAQ: CPB) Q2 earnings release and believe it’s still the great American company it once was. On Wednesday, the canned food specialist posted 51 cents a share of earnings on a 5% sales decline to $2.56 billion – both below consensus. Compounding the pain, its… Continue reading Cramer trashes Campbell stock: ‘not a great American company anymore’

Nvidia stock moved higher early Wednesday as investor concerns about disruptions to the company’s supply chain began to fade. Nvidia stock rose about 0.5% to $186.25 in early trading after gaining 1.2% in the previous session. The broader market also edged higher as investors assessed comments from Donald Trump suggesting that the conflict involving Iran… Continue reading Nvidia stock stuck below $190: can GTC event be a catalyst?

Tesla stock (NASDAQ: TSLA) rose 2.8% in intraday trading on Wednesday, climbing as high as $416.38 from Tuesday’s close of $399.24. The rally came as the investors reacted to a mix of supportive catalysts, including stronger China sales data, cooling US inflation, and renewed optimism around AI-related stocks. While the gains reflect improved sentiment around… Continue reading Tesla stock jumps nearly 3% today, but the rally may not last

Nebius Group (NASDAQ: NBIS) rallied nearly 15% on Wednesday after the artificial intelligence (AI) infrastructure company received a massive $2 billion follow-on investment from Nvidia. The agreement ostensibly accelerates NBIS’s goal to become the premier European “AI factory”, yet a closer look reveals a circular capital flow that may be inflating the firm’s valuation. A… Continue reading How Nvidia’s $2 billion investment may ‘backfire’ on Nebius stock

Shares of Oracle surged after the company reported stronger-than-expected fiscal third-quarter results. Oracle reported adjusted earnings per share of $1.79 for the quarter, beating Wall Street expectations of $1.70 and rising from $1.47 in the same period a year earlier. Revenue reached $17.2 billion, ahead of the consensus estimate of $16.9 billion and representing a… Continue reading Oracle stock up 10% after earnings: why analysts are cutting targets