Nio stock price dropped below a crucial support level as demand for Chinese electric vehicle shares fell. It dropped to a multi-month low of $4.88 in New York, down by 40% from its highest point this year despite its strong delivery numbers. Nio’s vehicle deliveries are soaring Nio has emerged as one of the fastest-growing… Continue reading Nio stock crashes on weak outlook despite EV delivery surge: now what?
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Nvidia stock hits key support, forms bullish pattern as key valuation metric dips
Nvidia stock remains under pressure this week as the recent sell-off continues. It dropped to $189, down by 18% from its highest point this year, with its valuation falling by nearly $1 trillion. Still, the stock has formed a highly bullish pattern and has landed at a core support, suggesting a rebound is possible. Nvidia… Continue reading Nvidia stock hits key support, forms bullish pattern as key valuation metric dips
This memory stock may be a better pick than Micron or SanDisk
The ongoing artificial intelligence (AI) infrastructure boom has sparked an unprecedented memory supercycle, lifting chipmakers to historic heights. While Micron and SanDisk have captured massive headlines in recent months with exceptional triple- and quadruple-digit returns, a more dominant powerhouse may actually be a better pick to play the memory market upside. South Korean semiconductor giant… Continue reading This memory stock may be a better pick than Micron or SanDisk
OpenAI expands AI lineup with GPT-5.6 after delayed public launch
OpenAI will publicly launch its most capable artificial intelligence model, GPT-5.6, on Thursday after delaying the release last month at the request of the US government, as concerns grow over the potential misuse of advanced AI systems for national security purposes. The delay came amid heightened scrutiny of frontier AI models by US authorities, who… Continue reading OpenAI expands AI lineup with GPT-5.6 after delayed public launch
Dow futures crash over 500 points: 5 things to know before Wall Street opens
Wall Street’s rally is facing a fresh Middle East test before the opening bell. US stock futures slid on Wednesday after President Donald Trump said the Iran peace memorandum was “over”, sending oil prices higher and putting renewed pressure on technology shares. Nasdaq 100 futures touched a four-week low as investors moved away from risk,… Continue reading Dow futures crash over 500 points: 5 things to know before Wall Street opens
Navitas stock is falling 9% today: what’s spooking investors?
Navitas Semiconductor stock (NASDAQ: NVTS) fell sharply in pre-market trading on Wednesday after Wolfspeed accused the company of infringing patents across several core power-chip product lines. The development adds a legal overhang to one of the market’s more volatile AI-linked semiconductor trades. NVTS was trading around $13.99, down about 8.2%, while some live feeds showed… Continue reading Navitas stock is falling 9% today: what’s spooking investors?
MediaFuse launches TechnologyWire for tech-focused press release distribution
MediaFuse, the company behind PR distribution platforms including Chainwire, CyberNewsWire, GamingWire, and FinanceWire, has announced the launch of TechnologyWire, a press release distribution platform focused on technology companies and startups. TechnologyWire distributes press releases to a network of technology-focused publications, where content is published on the homepage or category pages. According to MediaFuse, the platform… Continue reading MediaFuse launches TechnologyWire for tech-focused press release distribution
Oracle’s record backlog is booming, so why is the stock down 50%?
Oracle has the kind of AI backlog most software companies would envy, but Wall Street is no longer rewarding backlog alone. ORCL is under pressure as investors are also focusing on customer concentration, required capital spending and the timeline for converting Oracle’s backlog into cash flow. That is why Oracle’s record $638 billion in remaining… Continue reading Oracle’s record backlog is booming, so why is the stock down 50%?
Apple price hikes unlikely to hurt demand, JPMorgan says as it raises PT
Recent price increases for Apple’s Mac and iPad devices and any potential hikes in iPhone prices are unlikely to significantly dampen consumer demand, according to JPMorgan, which has raised its price target on the iPhone maker and reiterated its Buy rating. Analyst Samik Chatterjee said several positive catalysts could help Apple’s revenue and earnings outperform… Continue reading Apple price hikes unlikely to hurt demand, JPMorgan says as it raises PT