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BlackBerry Ltd (BB) has undergone a massive fundamental transformation, culminating in its Q1 earnings beat on June 24th. Driven by a 26% year-on-year increase in the QNX software division and the first positive operating cash flow in nine years, BB shares hit a new 52-week high of $12.15 on Monday morning. However, following a nearly… Continue reading BlackBerry stock hits 52-week high: take profit or let it run?

Micron Technology (MU) shares fell on Monday after South Korea unveiled plans for a massive new semiconductor investment program. Shares of Micron were down about 1% at $1,117.19 after declining 6.7% on Friday. The pullback came as South Korea’s industry minister said Samsung Electronics and SK Hynix plan to spend a combined 800 trillion won,… Continue reading Why Micron stock is under pressure on Monday

US telecom stocks Verizon (VZ), T-Mobile (TMUS), and AT&T (T) are slipping this morning after Comcast (CMCSA) announced plans of splitting itself into two independent, public companies. The corporate overhaul will decouple CMCSA’s core telecom infrastructure from its huge media and entertainment segments through a tax-free spin-off to existing shareholders. Here’s why Comcast’s announcement is… Continue reading VZ, TMUS, T: why telecom stocks are crashing on Comcast’s split announcement

Rocket Lab (RKLB) shares surged in trading on Monday after the company announced an $8 billion cash-and-stock acquisition of satellite communications provider Iridium Communications (IRDM), one of the biggest consolidation moves in the commercial space industry. Rocket Lab stock climbed 12% at the time of writing, while Iridium shares jumped about 21%. The rally in… Continue reading Rocket Lab stock jumps 12%, Iridium soars 21% on $8B merger deal

Chip stocks including Intel (INTC), Advanced Micro Devices (AMD), and Arm Holdings (ARM) opened in the red this morning mostly due to technical quarter-end positioning.   Amidst a lack of fresh positive catalysts, lingering earnings pressure and macroeconomic caution are also adding to the weakness in these semiconductor names on Jun. 29. That said, INTC,… Continue reading Why are Intel, AMD, ARM stocks selling off today?

Alphabet GOOG shares rose 4.1% in trading on Monday as the Google parent began its first trading session as a member of the Dow Jones Industrial Average, replacing Verizon Communications in the 30-stock benchmark. The index change, announced last week, marks a milestone for Alphabet. However, because the Dow is a price-weighted index rather than… Continue reading Why is Alphabet stock rising 4% today?

Marvell Technology could have more room to run after its sharp rally this year. UBS became the latest brokerage to turn more bullish on the semiconductor company as artificial intelligence infrastructure spending accelerates demand for next-generation connectivity products. The brokerage raised its price target on Marvell to $340 from $230, implying roughly 27.5% upside from… Continue reading Marvell stock gets fresh boost as UBS raises price target on AI-driven CXL demand

Tesla stock (TSLA) jumped on Monday as investors looked ahead to the company’s second-quarter delivery report later this week, while fresh comments from Chief Executive Elon Musk provided an additional boost to sentiment. The stock rose around 4% in early trading to $396.64, recovering some ground after a difficult week for the electric vehicle maker.… Continue reading Why Tesla stock is climbing over 4% on Monday

The explosive growth in artificial intelligence (AI) is triggering a massive data center investment cycle and fundamentally reshaping infrastructure design. Nvidia (NVDA) anchors this shift, accelerating a transition toward next-gen 800-volt direct current (VDC) data centers slated for commercial rollout in 2027. This redesign supports ultra-dense 576-GPU architectures, a quantum leap from today’s 72-GPU standard,… Continue reading Looking to benefit from next-gen AI data center build-out? Buy these 3 stocks