Dow jumps 640 points as oil prices slide ahead of Nvidia earnings

Wall Street stocks rallied sharply on Wednesday, with the Dow Jones Industrial Average surging more than 640 points as falling oil prices and easing Treasury yields boosted investor sentiment ahead of Nvidia’s closely watched quarterly earnings report. The Dow climbed 1.3%, while the S&P 500 gained 1% and the Nasdaq Composite advanced 1.4%. The rally… Continue reading Dow jumps 640 points as oil prices slide ahead of Nvidia earnings

Why is Analog Devices stock falling despite strong earnings and AI deal?

Shares of Analog Devices (ADI) fell sharply on Wednesday despite the semiconductor company reporting stronger-than-expected fiscal second-quarter results and announcing a $1.5 billion acquisition aimed at expanding its artificial-intelligence power management business. The stock dropped more than 4% during the session after rallying roughly 53% so far in 2026 amid growing investor optimism around AI-related… Continue reading Why is Analog Devices stock falling despite strong earnings and AI deal?

Reddit stock: 3 reasons why it’s slipping today

Reddit Inc (RDDT) is facing intense selling pressure on Wednesday as investor actively recalibrate their exposure to high-multiple technology assets. Following today’s pullback, RDDT sits decisively below its major moving averages (MAs) – with an RSI in the early 40s indicating further downside room before the stock hits “oversold” territory. Versus its year-to-date, Reddit stock… Continue reading Reddit stock: 3 reasons why it’s slipping today

Why is AMC stock surging 12% today?

AMC Entertainment Holdings shares surged 17% on Wednesday after Chief Executive Officer and Chairman Adam Aron disclosed a substantial open-market purchase of the company’s stock, signaling renewed confidence in the theater chain’s outlook. According to a Form 4 filing with the US Securities and Exchange Commission dated May 19, Aron purchased 250,000 shares of AMC’s… Continue reading Why is AMC stock surging 12% today?

Why is Hasbro stock the worst S&P 500 performer today despite earnings beat?

Shares of Hasbro fell sharply on Wednesday even after the toy and gaming company reported stronger-than-expected first-quarter earnings and revenue, as investors focused on the company’s decision to maintain rather than raise its full-year outlook. Hasbro stock dropped roughly 8.32% to $89.09, making it the worst-performing stock in the S&P 500 during the session. The… Continue reading Why is Hasbro stock the worst S&P 500 performer today despite earnings beat?

Bernstein explains why it isn’t too late to invest in Arm stock

Investors are cheering Arm Holdings (ARM) on Wednesday after a senior Bernstein analyst, David Dai, issued a bullish note in favour of the British chip designer. Dai initiated coverage on Arm this morning with an “outperform” rating and an aggressive $300 price target, indicating potential upside of roughly 18% from current levels. Bernstein’s bullish call… Continue reading Bernstein explains why it isn’t too late to invest in Arm stock

Why Tesla stock is up around 2% today

Shares of Tesla (TSLA) staged a sharp rebound on Wednesday, rising roughly 2% and surging well above the psychologically important $400 level after several sessions of selling pressure. The recovery followed a difficult stretch in which Tesla shares had fallen sharply. The stock has been weighed down by concerns around recent vehicle price increases and… Continue reading Why Tesla stock is up around 2% today

Why Nvidia earnings are particularly significant for Intel, AMD stock

The global semiconductor landscape is bracing for impact as Nvidia (NVDA) prepares to report its fiscal first-quarter 2027 financial results tonight after the closing bell. Wall Street’s consensus is hovering at a breathtaking bar, with analysts projecting a non-GAAP profit of $1.78 per share on record revenue of $79.2 billion. Achieving these figures would represent… Continue reading Why Nvidia earnings are particularly significant for Intel, AMD stock

Marvell stock jumps on AI networking demand: Is more upside coming?

Shares of Marvell Technology (MRVL) surged on Wednesday as Wall Street analysts raised price targets ahead of the chipmaker’s upcoming quarterly earnings report, citing accelerating demand for artificial intelligence infrastructure and custom AI processors. Marvell stock climbed more than 6% in morning trading to around $193 after a series of bullish analyst notes highlighted the… Continue reading Marvell stock jumps on AI networking demand: Is more upside coming?