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US stocks advanced on Thursday, with the Dow Jones Industrial Average reclaiming the 50,000 level and the S&P 500 closing at another record high as investors reacted to strong technology earnings, improving semiconductor sentiment, and developments from the summit between President Donald Trump and Chinese President Xi Jinping in Beijing. The Dow rose about 375… Continue reading Dow closes above 50,000 as S&P 500 hits record on Cisco, Nvidia rally

Shares of Take-Two Interactive Software (TTWO) surged Thursday after reports suggested preorders for the highly anticipated video game Grand Theft Auto VI could begin later this month, reigniting investor enthusiasm around one of the most anticipated entertainment releases in years. Take-Two shares climbed about 6.7% to $242.21 during trading and were on pace for their… Continue reading Take-Two stock surges as GTA VI preorder rumors electrify investors

Shares of StubHub (STUB) surged Thursday after the ticketing marketplace reported stronger-than-expected first-quarter earnings, fueled by rising ticket demand and improving profitability that helped ease investor concerns following a prolonged stock decline. The stock jumped as much as 21% during the session and was recently trading around $9.64, putting shares on pace for their largest… Continue reading StubHub rallies after surprise profit: is the turnaround finally here?

Shares of Broadcom (AVGO) surged Thursday after a series of Wall Street analyst upgrades, and rising optimism surrounding artificial intelligence infrastructure spending boosted investor sentiment toward the semiconductor giant. Broadcom shares climbed as much as 5.5% during the session and were recently trading up about 4.3% at $434.7. The rally pushed the stock to its… Continue reading Broadcom stock surges 4% to 52-week high: can the rally continue?

Applied Materials (AMAT) will report fiscal second-quarter earnings after markets close Thursday, with investors closely watching whether booming artificial intelligence-related semiconductor spending can continue offsetting slowing growth from China. Shares of the semiconductor equipment maker have surged roughly 70% this year as investors bet the company will remain a major beneficiary of the global AI… Continue reading Can Applied Materials justify its massive stock rally in its Q2 earnings

Cerebras Systems is in the spotlight this morning as the AI chipmaker makes its long-awaited debut on Nasdaq under the ticker symbol CBRS. The company priced its IPO at a whopping $185 per share – well above its already-elevated range  – raising a staggering $5.55 billion and landing a fully diluted valuation of about $56… Continue reading Should you invest in Cerebras stock as it surges 100% on Nasdaq debut?

At the time of writing, President Trump, along with a clutch of top US corporate executives, is in China. Mr Trump and Chinese President Xi Jinping have already held a formal meeting in Beijing. But as things stand, there have been scant details over what has been discussed, let alone agreed. What is known so… Continue reading Column: All-time highs, hot inflation and a deal that isn’t done yet

Investors are cheering Ondas Inc (ONDS) this morning after the autonomous drone systems firm reported a more than 11x year-on-year increase in its Q1 revenue to about $50 million. The company also cited its strategic partnership with Palantir Technologies and recent acquisitions, Mistral and World View, as major growth catalysts in its earnings release. Yet,… Continue reading Ondas stock soars on 11x revenue growth, but the red flags are hard to ignore

Shares of USA Rare Earth (USAR) slipped Thursday even after the company reported first-quarter revenue that topped Wall Street expectations, as investors continued focusing more on the company’s long-term growth ambitions than near-term earnings results. The rare earths developer posted a first-quarter operating loss of $37 million on revenue of $5.7 million, compared with analyst… Continue reading USA Rare Earth stock dips: why analysts are still bullish on the stock