Cathie Wood’s Ark Innovation Fund (ARKK) ETF stock has remained inside a narrow range in the past few months. ARKK has remained between the support and resistance levels at $72.68 and $82.35 since April. It has risen by 9% in the last 12 months, while the Nasdaq 100 Index has soared by 28%. ARKK has… Continue reading What’s the point of investing in Cathie Wood’s ARKK ETF anyway?
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Soaring Western Digital stock faces some major risks: is a reversal coming?
Western Digital stock has embarked on a major bull run this year, reaching its highest point on record on June 18. It has soared by 264% this year and 960% in the last 12 months, bringing its market capitalization to over $221 billion. While this rally may continue after the Micron earnings, WDC faces some… Continue reading Soaring Western Digital stock faces some major risks: is a reversal coming?
Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500
The S&P 500 Index has surged more than 21% over the past 12 months and is up 7% year to date, adding trillions of dollars in market value. The rally has been fueled by the ongoing artificial intelligence boom, which has driven corporate earnings growth to multi-year highs. Top software stocks are plunging this year… Continue reading Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500
Micron’s record-breaking quarter reveals AI’s next trillion-dollar bottleneck
Micron Technology’s latest earnings were not just another strong AI-chip result, but a warning that the next big shortage in artificial intelligence may be hiding in memory. The company reported record fiscal third-quarter revenue of $41.5 billion and adjusted profit of $25.11 per share, both comfortably ahead of Wall Street estimates. Its shares jumped 12%… Continue reading Micron’s record-breaking quarter reveals AI’s next trillion-dollar bottleneck
Nasdaq futures skyrocket 650 points: 5 things to know before Wall Street opens
Wall Street looked ready to give the AI trade another chance on Thursday, but the recovery came with a warning label. Nasdaq futures jumped after Micron and Qualcomm delivered the kind of demand signals investors had been waiting for after a bruising selloff in chip shares. The message was simple: spending on AI infrastructure is… Continue reading Nasdaq futures skyrocket 650 points: 5 things to know before Wall Street opens
Why IAG and Rolls-Royce shares are surging this month
International Consolidated Airlines Group (IAG) and Rolls-Royce (RR) shares have gone parabolic this month. IAG jumped to 488p, its highest point since 1997, bringing its year-to-date gains to 14.5%. Rolls-Royce share price jumped to a record high of 1,532p before pulling back to 1,426p. It has jumped by 23% this year, beating the FTSE 100… Continue reading Why IAG and Rolls-Royce shares are surging this month
FTSE edges higher as retail and financial stocks lift London markets
London’s main FTSE indexes moved higher on Thursday, supported by strong updates from financial and retail companies, while investor attention also turned to renewed takeover interest in easyJet. The blue-chip FTSE 100 rose 0.3% by 0901 GMT. The midcap FTSE 250 climbed 0.7%. Both indexes were on track to record one-week highs, reflecting improved sentiment… Continue reading FTSE edges higher as retail and financial stocks lift London markets
Micron rescues AI trade as blockbuster earnings spark global chip rally
A blockbuster earnings report from Micron Technology (NASDAQ: MU) breathed fresh life into the artificial intelligence trade on Thursday, sending semiconductor stocks surging globally and temporarily easing investor concerns over stretched valuations and the enormous costs associated with building AI infrastructure. Micron shares rose 16% in premarket trading after the company reported record quarterly revenue,… Continue reading Micron rescues AI trade as blockbuster earnings spark global chip rally
Amazon to invest $13B in India as AWS and AI demand accelerates
Amazon has announced plans to invest an additional $13 billion in India to expand its artificial intelligence and cloud infrastructure, taking its total planned investment in the country to $48 billion between 2026 and 2030. The fresh commitment builds on the company’s previously announced $35 billion investment across its India businesses in December 2025. The… Continue reading Amazon to invest $13B in India as AWS and AI demand accelerates