On Friday, Chinese AI startup Moonshot sparked a fresh selloff in global semiconductor stocks after unveiling its latest Kimi K3 model. Apple reclaimed its position as the world’s most valuable publicly traded company briefly before Nvidia went back to the top place. Meanwhile, oil prices surged as the US and Iran intensified military attacks… Continue reading Evening digest: Moonshot causes AI selloff, Apple retakes top market cap crown
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Why Wall Street is looking ahead to this major event for AMD stock
Advanced Micro Devices (NASDAQ: AMD) shares fell 1.19% on Friday even as investors looked ahead to the chipmaker’s Advancing AI 2026 event next week in San Francisco. Analysts expect the company to unveil new artificial intelligence products, customer wins, and long-term growth plans in the event. The event marks AMD’s first dedicated AI showcase since… Continue reading Why Wall Street is looking ahead to this major event for AMD stock
Meta could soon lease computing power to Anthropic
Meta Platforms (META) shares are in the spotlight on July 17th following reports that the tech giant is in preliminary discussions to lease out its computing infrastructure to AI research lab Anthropic. The blockbuster deal rumoured to be worth up to $10 billion arrives at a time when Meta sits firmly above its major moving… Continue reading Meta could soon lease computing power to Anthropic
Alphabet stocks falls 2%: why is Wall Street still bullish on the stock
Alphabet shares fell on Friday, extending losses from the previous session after a report suggested Google’s flagship Gemini 3.5 Pro artificial intelligence model is running behind schedule. Alphabet GOOGL stock declined about 2% on Friday after falling roughly 4% on Thursday following the report. The weakness came despite continued bullish views from several Wall Street… Continue reading Alphabet stocks falls 2%: why is Wall Street still bullish on the stock
Is SpaceX stock warming up to become the next meme stock?
SpaceX (SPCX) stock is tumbling further this morning after the firm’s 13th Starship test flight was aborted right before liftoff as several engines failed to start properly. The development adds fuel to the bearish fire that has already assembled a $25 billion wall against billionaire Elon Musk’s space infrastructure and artificial intelligence (AI) behemoth. As… Continue reading Is SpaceX stock warming up to become the next meme stock?
Netflix stock gets punished as company gets more secretive about viewer data
Netflix NFLX shares tumbled on Friday after the streaming giant delivered mixed second-quarter results and announced plans to provide less frequent disclosure of viewer engagement data. This has increased concerns among investors who were already worried about slowing growth and rising competition. The stock fell 8% on Friday, extending its decline for 2026. Shares had… Continue reading Netflix stock gets punished as company gets more secretive about viewer data
Apple reclaims title as world’s most valuable company, overtaking Nvidia
Apple (AAPL) reclaimed its position as the world’s most valuable publicly traded company on Friday after its market capitalization surpassed Nvidia’s. Apple shares climbed to an all-time high of $334.99, lifting the company’s market value to approximately $4.88 trillion. Nvidia shares fell more than 3% in early trading, reducing the AI chipmaker’s market capitalization to… Continue reading Apple reclaims title as world’s most valuable company, overtaking Nvidia
Bloom Energy stock has suffered a $40 billion wipeout: what next?
Bloom Energy stock is moving from bad to worse as it crashed to $206, its lowest level since April last year. BE has slumped by over 40% from its all-time high as concerns about its valuation and the data center industry remained. This retreat has seen its market capitalization fall from $98.7 billion to $58… Continue reading Bloom Energy stock has suffered a $40 billion wipeout: what next?
Here’s why IREN, CoreWeave, and Nebius stocks are in free fall
Top neocloud stocks are in a freefall, erasing billions of dollars in value as concerns about AI spending emerge. IREN stock dropped to $33.61, its lowest level since April 7, and 52% below its highest point this year. Its valuation has fallen from $24 billion to $12.4 billion. CoreWeave, the biggest player in the industry,… Continue reading Here’s why IREN, CoreWeave, and Nebius stocks are in free fall