The DAX Index slumped by over 2% on Thursday and is hovering at its lowest level this year as energy prices surged, making most companies in the index less competitive. It dropped to €23,000, its lowest level since March 9th, and nearly 10% below its highest point this year. German stocks plunge amid the ongoing… Continue reading Here’s why the DAX Index is on the cusp of a steeper crash soon
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BBAI stock down 34%: is this the buying opportunity of the year?
BigBear.ai’s (NYSE: BBAI stock) selloff has turned one of the market’s hotter defence-AI names into a much tougher debate. The stock has fallen sharply from its recent highs and was trading around $3.95 to $3.96 in recent market coverage. That’s nearly 34% down from this year-to-date (YTD) levels of around $5.88. The sharp volatility has… Continue reading BBAI stock down 34%: is this the buying opportunity of the year?
Are Microsoft systems exposed? US flags risks after Stryker breach
A cyberattack on medical device maker Stryker has prompted US authorities to warn companies about potential risks linked to Microsoft systems widely used across organisations. The breach, which began on March 11, disrupted Stryker’s global operations and drew attention to vulnerabilities in endpoint management tools that control access, devices, and applications. A Reuters report states… Continue reading Are Microsoft systems exposed? US flags risks after Stryker breach
Why Elon Musk is still buying Nvidia chips despite Tesla’s AI5 push
Elon Musk’s latest comments highlight a balancing act at the centre of his artificial intelligence strategy. Even as Tesla advances its own chip development and SpaceX deepens its AI ambitions, both companies are expected to continue buying Nvidia hardware at scale. The update comes at a time when Tesla is building its next generation AI… Continue reading Why Elon Musk is still buying Nvidia chips despite Tesla’s AI5 push
HSBC share price outlook as it eyes another round of layoffs
The HSBC share price has slumped and moved into a correction after falling by 12% from its highest point this year. It has dropped to 1,210p, mirroring the performance of other European banks. So, will it rebound as the company plans more job cuts amid its AI investment? HSBC plans massive job cuts HSBC, the… Continue reading HSBC share price outlook as it eyes another round of layoffs
HDFC Bank hits 52-week low: did Chairman’s exit signal trouble?
HDFC Bank’s boardroom shock has turned an already weak stock into one of the market’s biggest stress points. Shares of India’s largest private lender plunged over 8% on Thursday after part-time Chairman Atanu Chakraborty resigned with immediate effect. The market reaction was swift because the resignation did not come with a clear explanation. In his… Continue reading HDFC Bank hits 52-week low: did Chairman’s exit signal trouble?
Micron stock: why attack on Qatar’s energy facility is bearish for it
Micron Technology (MU) slipped notably after market close on March 18, even though the memory chips specialist posted a blowout quarter featuring a nearly 200% year-on-year increase in revenue to $23.86 billion. And while this weakness is being attributed primarily to the firm’s warning that capex will step up “meaningfully” this year, part of it… Continue reading Micron stock: why attack on Qatar’s energy facility is bearish for it
Asian markets tumble as Middle East strikes spark oil shock
Asian markets tumbled at the open on Thursday following the escalation of geopolitical tensions in the Middle East. Brent crude pushed above $110 a barrel after strikes on critical energy infrastructure deepened fears of a broader supply squeeze. The development came as Tehran hit a major energy facility in Qatar in a direct response to… Continue reading Asian markets tumble as Middle East strikes spark oil shock
Micron stock falls despite AI demand driving blowout earnings, outlook
Micron Technology delivered a blockbuster set of second-quarter results on Wednesday, underscoring the strength of demand for memory chips driven by artificial intelligence and data center expansion. The company reported adjusted earnings per share of $12.20, far exceeding Wall Street expectations of about $9.19. Revenue surged to roughly $23.9 billion, well above consensus estimates near… Continue reading Micron stock falls despite AI demand driving blowout earnings, outlook