Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United States and Iran prepared for critical talks aimed at stabilizing a fragile ceasefire. Oil prices remained volatile amid supply disruptions tied to the Strait of Hormuz, while Bitcoin surged past key resistance levels on improving risk… Continue reading Evening digest: Trump ups stakes before Iran talks, CoreWeave surges
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Coherent stock jumps 9% as SiC breakthrough powers AI data growth
Shares of Coherent Corp moved higher this week after the company unveiled advances in silicon carbide (SiC) epitaxy technology, reinforcing optimism around its role in powering next-generation AI data centers and industrial systems. The stock rose as much as 9% on April 10 following the announcement, with additional gains supported by broader strength in the… Continue reading Coherent stock jumps 9% as SiC breakthrough powers AI data growth
Burry maintains bearish Palantir bet despite Trump boost
Renowned investor Michael Burry has reaffirmed his bearish position on Palantir Technologies, even as a public endorsement from Donald Trump provided temporary support to the stock. In a Substack post published on Friday, Burry revealed that he continues to hold long-dated put options against the artificial intelligence software firm. The investor noted that he initially… Continue reading Burry maintains bearish Palantir bet despite Trump boost
AI infrastructure stocks sell-off: why NET and SNOW could be dip buys
The red sea washing over Wall Street today has spared few, but for the discerning investor, the “AI infrastructure bloodbath” is exposing a critical rift between hype and durability. As inflation data comes in hotter than a cooling server rack, the “speculative froth” is evaporating from the edge computing and data sectors. While the initial… Continue reading AI infrastructure stocks sell-off: why NET and SNOW could be dip buys
Sezzle stock crashes after director’s exit, but a bullish pattern is forming
Sezzle stock has remained inside a narrow range since August last year when it plunged after releasing its weak results. It was trading at $60.68 on Friday, down by 67% from its highest point last year. It dropped by over 12% on Friday after a board member resigned, citing differences with management. Still, it has… Continue reading Sezzle stock crashes after director’s exit, but a bullish pattern is forming
AI disruption fears may be overblown, but not for ServiceNow stock
ServiceNow (NYSE: NOW) plunged 6% on April 10 after senior UBS analyst Karl Keirstead issued a bearish note on the Santa Clara-headquartered software giant. Citing a material shift in enterprise spending priorities, Keirstead downgraded NOW this morning to “neutral” and slashed his price target sharply to $100. The dovish call comes as a major blow… Continue reading AI disruption fears may be overblown, but not for ServiceNow stock
FTSE 100 set for weekly gains as peace talks boost sentiment
The UK’s main stock indices moved higher on Friday, positioning themselves for weekly gains as investors turned their attention to an upcoming US inflation reading and geopolitical developments in the Middle East. The blue-chip FTSE 100 rose 0.3% by 1140 GMT, marking its third consecutive week of gains. Meanwhile, the midcap FTSE 250 outperformed with… Continue reading FTSE 100 set for weekly gains as peace talks boost sentiment
Will Cardano price rebound from an all-time low ahead of Leios testnet?
Cardano price has slumped to a record low this year despite the recent Midnight mainnet launch. ADA trades at $0.25 today, April 10, up slightly from the all-time low of $0.2168. So, will the token rebound ahead of the upcoming Leios upgrade launch in June? Cardano to Launch Leios Upgrade in June ADA price will… Continue reading Will Cardano price rebound from an all-time low ahead of Leios testnet?
Figma stock has crashed to a record low: is it a bargain or a value trap?
Figma stock price has crashed to a record low since its initial public offering (IPO), shedding billions of dollars in value as its valuation has dropped from over $55 billion to nearly $10 billion. This article explains why the FIG stock may rebound soon. Figma stock has plunged amid the SaaSpocalypse concerns Figma is a… Continue reading Figma stock has crashed to a record low: is it a bargain or a value trap?