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Shares of Nvidia (NVDA) fell sharply on Friday, pulling back after an explosive rally that had pushed the chipmaker close to another record valuation milestone. The stock dropped around 4% to $226.80 in early trading after gaining roughly 20% over the previous seven sessions. Thursday’s rally alone saw Nvidia rise 4.4% to close at $235.75,… Continue reading Why Nvidia stock is crashing around 4% on Friday

US stocks fell sharply on Friday as rising Treasury yields, persistent inflation concerns, and escalating energy prices pressured markets following another record-setting session for major indexes. The Dow Jones Industrial Average dropped roughly 402 points, or about 0.8%, while the S&P 500 fell 1.13%. Nasdaq Composite led declines, sliding about 1.58% as investors pulled back… Continue reading Dow slides 400 points as rising yields and oil prices hit tech stocks

Billionaire investor Bill Ackman revealed Friday that Pershing Square has built a new position in Microsoft. He argued that recent weakness in the software giant’s stock has created an attractive long-term investment opportunity despite growing concerns over artificial intelligence competition and heavy spending. Ackman disclosed the investment in a post on social media platform X,… Continue reading Why Bill Ackman is betting on Microsoft as AI fears hammer the stock

POET Technologies stock price has gone parabolic this year, making it one of the top gainers as the artificial intelligence boom continues. It jumped to $20 on Thursday, up by 315% from its lowest point this year. POET jumped after a major $500 million partnership  The stock soared on Thursday after the company inked a… Continue reading Here’s why POET Technologies stock is slumping today (May 15)

 Shares of Gemini Space Station surged more than 20% in premarket trading on Friday after the cryptocurrency exchange reported a smaller-than-expected quarterly loss and announced a $100 million investment from its founders. The New York-based company’s shares, which were priced at $28 during its initial public offering, closed at $5.26 on Thursday before rallying in… Continue reading Gemini stock surges despite lawsuit and restructuring concerns

UK shares fell on Friday as investors reacted to escalating political uncertainty over Prime Minister Keir Starmer’s leadership and renewed inflation risks from rising oil prices. The benchmark FTSE 100 fell 1.20% by 10:58 am GMT, while the midcap FTSE 250 dropped 1.22%. Investor sentiment weakened after Andy Burnham announced his intention to contest a… Continue reading UK stocks fall as political uncertainty and oil price fears weigh

Shares of Magnum Ice Cream Company (NYSE: MICC) surged 18% on Friday after a Reuters report said private equity firms, including Blackstone and Clayton, Dubilier & Rice, were in the early stages of exploring a potential bid for the recently spun-off ice cream maker. The rally comes only six months after the company separated from… Continue reading Magnum Ice Cream jumps 18% on report of private equity interest

Shares of Figma rose about 9% in premarket trading on Friday after the design software company raised its annual revenue forecast, signaling that growing adoption of its artificial intelligence tools is helping drive customer expansion and higher spending across its platform. The company said it now expects fiscal 2026 revenue between $1.42 billion and $1.43… Continue reading Figma stock jumps after AI-powered growth lifts annual revenue forecast