Ondas (ONDS) is soaring on Thursday morning amidst a sector-wide rally on reports of the Trump administration considering funding domestic drone companies. According to The Wall Street Journal, the Defense Department is in discussions with several drone firms as Washington pushes to accelerate homegrown drone manufacturing capability. Despite today’s surge, Ondas stock is down nearly… Continue reading Why Ondas stock’s rally on Thursday is an opportunity to ‘sell’
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Why is Nvidia stock underperforming broader market today?
Shares of Nvidia were largely unchanged on Thursday, but the chipmaker continues facing questions from investors about whether it can maintain its dominance in artificial intelligence hardware as the market evolves beyond graphics processing units (GPUs). Nvidia stock (NVDA) fell 0.12% in trading to $212.35, underperforming the broader S&P 500 and the Nasdaq Composite indices,… Continue reading Why is Nvidia stock underperforming broader market today?
Unusual Machines stock is breaking out and it may have President Trump to thank
Unusual Machines (UMAC) is breaking out on May 28, following reports that the Trump administration is in active negotiations to funnel federal funding to multiple US drone companies. Investors are cheering UMAC, believing it’s among those the Pentagon has identified for potential backing, especially since Donald Trump Jr. sits on its advisory board. Including today’s… Continue reading Unusual Machines stock is breaking out and it may have President Trump to thank
S&P 500 rebounds on reports of US-Iran 60-day ceasefire MoU
Wall Street reversed a weak start and turned positive on Thursday after reports emerged that the United States and Iran had reached a preliminary agreement aimed at extending the current ceasefire and launching negotiations over Iran’s nuclear program. The S&P 500 and Nasdaq Composite both climbed to fresh record highs during the session following the… Continue reading S&P 500 rebounds on reports of US-Iran 60-day ceasefire MoU
Why are investors rushing back into Dollar Tree stock?
Shares of Dollar Tree DLTR surged on Thursday after the discount retailer reported stronger-than-expected fiscal first-quarter earnings, raised its full-year profit outlook, and announced a new delivery partnership with DoorDash. Dollar Tree stock jumped roughly 17% during trading, putting the shares on pace for their best single-day performance in nearly four years. The rally followed… Continue reading Why are investors rushing back into Dollar Tree stock?
DRAM: This ETF has a major SK Hynix, Micron Technology, and Samsung problem
The red-hot Roundhill Memory ETF (DRAM) is firing on all cylinders amid the rising demand for its constituent companies. It jumped to a record high of $62 this week, up by 120% from its all-time low. This surge, together with its robust inflows, have brought its assets under management (AUM) to $12.18 billion, making it… Continue reading DRAM: This ETF has a major SK Hynix, Micron Technology, and Samsung problem
Dow slips 190 points as oil jumps, inflation data eases Fed concerns
Wall Street traded mixed on Thursday as investors weighed softer-than-expected monthly inflation data against escalating geopolitical tensions between the United States and Iran, which pushed oil prices sharply higher. The Dow Jones Industrial Average fell 194 points, or 0.37%, while the S&P 500 and Nasdaq Composite fell 0.14% and 0.24%, respectively. Markets initially found some… Continue reading Dow slips 190 points as oil jumps, inflation data eases Fed concerns
BYD expands ‘God’s Eye’ rollout amid EV price war
BYD unveiled new service packages on Thursday aimed at accelerating adoption of its “God’s Eye” assisted-driving platform as the company intensifies its push into autonomous driving amid slowing domestic demand and mounting competitive pressure. Chairman Wang Chuanfu said the automaker’s long-term goal is to achieve “zero traffic accidents” through intelligent driving technology. As part of… Continue reading BYD expands ‘God’s Eye’ rollout amid EV price war
Snowflake stock is soaring and it may be entirely because of Q1 earnings
Snowflake (SNOW) is ripping higher this morning after the cloud-based data platform announced a surprise $6 billion infrastructure partnership with Amazon Web Services (AWS). Under this five-year strategic collaboration, SNOW is deeply committed to AWS custom Graviton processors and artificial intelligence (AI) infrastructure to drive enterprise agentic AI. Including recent gains, Snowflake stock is trading… Continue reading Snowflake stock is soaring and it may be entirely because of Q1 earnings