Shares of Nvidia (NVDA) recovered from early losses Tuesday as investors positioned ahead of the chipmaker’s closely watched earnings report later this week. The stock initially fell as much as 2% before trimming losses and trading roughly flat by midday. Wall Street remains broadly optimistic that Nvidia’s earnings could reignite the stock’s rally and reinforce… Continue reading Nvidia stock erases early losses ahead of earnings: what to expect
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Oklo plunges 6%: why this analyst is cautious on the stock
Shares of Oklo (OKLO) fell sharply on Tuesday after Wolfe Research initiated coverage on the advanced nuclear reactor company with a cautious “Peer Perform” (hold) rating, raising fresh concerns about valuation, execution risks, and the company’s long path toward commercialization. Oklo stock dropped more than 6% in morning trading after Wolfe analyst Steve Fleishman outlined… Continue reading Oklo plunges 6%: why this analyst is cautious on the stock
SanDisk stock slips: why this analyst still sees a 50% upside
Shares of Sandisk (SNDK) fell 1.5% on Tuesday even as Citi Research sharply raised its price target on the flash memory company, citing accelerating demand for NAND storage tied to artificial intelligence infrastructure and hyperscale data center expansion. Citi lifted its target price on Sandisk shares to $2,025 from $1,300 while maintaining a “Buy” rating… Continue reading SanDisk stock slips: why this analyst still sees a 50% upside
Tesla stock slumps over 3% to sink below $400: what happened?
Shares of Tesla (TSLA) continued to decline Tuesday, falling below the $400 mark as investors reassessed the company’s pricing strategy and broader growth outlook. The stock dropped 3.5% to around $395.25 in early trading, extending Monday’s 2.9% decline and marking a sharp reversal from Tesla’s recent rally tied to optimism around autonomous driving and expansion… Continue reading Tesla stock slumps over 3% to sink below $400: what happened?
India’s scorching summer likely to push power demand even higher
India’s power demand has surged to fresh records this week as a brutal heatwave grips much of the country, pushing electricity consumption to levels never seen before. Bloomberg reported that peak demand hit 260.45 gigawatts (GW) on Tuesday, May 19, surpassing the previous day’s record of 257.4 GW. The back‑to‑back milestones highlight both the intensity… Continue reading India’s scorching summer likely to push power demand even higher
From ServiceNow to Salesforce: why are software stocks rallying today?
Software stocks rallied sharply on Tuesday, extending a rebound in a sector that had come under intense pressure this year amid concerns that artificial-intelligence agents could threaten traditional enterprise software providers. In US, shares of enterprise software companies moved broadly higher, with ServiceNow (NOW) leading gains after a strong rally in the previous session. The… Continue reading From ServiceNow to Salesforce: why are software stocks rallying today?
SCHD, JEPI, or bonds: better buy as 10-year bond yield surges?
Income-focused investors are in a real dilemma as government bond yields surge amid the rising inflation rate in the United States. Do they invest in the blue-chip Schwab US Dividend Equity ETF (SCHD) or invest in the higher-yielding JPMorgan Premium Income ETF (JEPI). JEPI, SCHD, and 10-year government bonds Bond investors argue that yields are… Continue reading SCHD, JEPI, or bonds: better buy as 10-year bond yield surges?
Here’s why Plug Power stock may jump to $5 soon
Plug Power, a company that was on the verge of bankruptcy, has staged a strong comeback this year and is beating the broader market. It has jumped by 51% this year and by over 330% in the last 12 months. This surge has brought its market cap to over $5.3 billion, even as the short… Continue reading Here’s why Plug Power stock may jump to $5 soon
CoreWeave stock falls 4%: why Google Blackstone deal is bad for the stock?
Shares of CoreWeave (CRWV) fell in Tuesday premarket trading after Google and Blackstone unveiled a major artificial intelligence cloud infrastructure partnership that investors viewed as a potential competitive threat to the fast-growing neocloud sector. CoreWeave stock dropped 4.3% in early trading alongside shares of Nebius Group as markets assessed the implications of the new joint… Continue reading CoreWeave stock falls 4%: why Google Blackstone deal is bad for the stock?