US equities ended the week on a mixed note, with the S&P 500 and Nasdaq Composite closing at record highs on Friday, supported by optimism around potential US-Iran talks and a surge in semiconductor stocks led by Intel. The Dow Jones Industrial Average, however, lagged behind, ending the session slightly lower. The S&P 500 rose… Continue reading S&P 500, Nasdaq hit records; Dow slips as Intel fuels rally
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Evening digest: Google-Anthropic deal, DOJ drops probe against Powell
US President Donald Trump is dispatching envoys to Pakistan in a renewed push for talks with Iran, even as uncertainty persists over diplomatic progress. Google is deepening its artificial intelligence push with a multibillion-dollar investment in Anthropic, underscoring the intensifying race for computing infrastructure. Intel shares surged after stronger-than-expected earnings signaled improving momentum in its… Continue reading Evening digest: Google-Anthropic deal, DOJ drops probe against Powell
X-Energy surges 36% in debut as $1B IPO signals nuclear revival
Shares of X-Energy Inc. surged in their market debut on Friday, opening sharply above their initial public offering price after the company raised more than $1 billion in an upsized offering that drew strong investor demand. The Rockville, Maryland-based nuclear energy firm priced its IPO at $23 per share, above the marketed range of $16… Continue reading X-Energy surges 36% in debut as $1B IPO signals nuclear revival
Nvidia replaced Intel in the Dow — today, Intel earnings are lifting NVDA
Shares of Nvidia surged on Friday, putting the stock on track for a record closing high as renewed optimism around artificial intelligence demand rippled across the semiconductor sector. The rally was partly fuelled by strong earnings from Intel, which reassured investors about the durability of demand for advanced computing hardware. Nvidia’s stock rose 4.8% to… Continue reading Nvidia replaced Intel in the Dow — today, Intel earnings are lifting NVDA
Lilly stock falls as Foundayo trails Novo’s Wegovy in early uptake
Shares of Eli Lilly came under pressure on Friday after early prescription data for its newly launched weight-loss pill suggested a slower rollout compared with rival Novo Nordisk’s competing product. According to data from healthcare analytics firm IQVIA, Lilly’s Foundayo recorded 3,707 prescriptions in the US during its second week on the market, up from… Continue reading Lilly stock falls as Foundayo trails Novo’s Wegovy in early uptake
Palantir stock: Wyckoff Theory points to a dive to $100 after earnings
Palantir stock price is stuck in a bear market after falling by over 32% from its highest point last year. PLTR was trading at $140 on Friday as investors wait for the upcoming earnings report, which will provide more color on its growth momentum and help to justify its valuation. The Wyckoff Theory suggests that… Continue reading Palantir stock: Wyckoff Theory points to a dive to $100 after earnings
Why is Skillz stock crashing despite major legal victory?
Investors are bailing on Skillz (NYSE: SKLZ) on Friday morning despite the company securing a monumental $420 million jury verdict in its high-stakes litigation against Papaya Gaming. The federal jury in Manhattan ruled that Papaya had engaged in systematic false advertising by using “bots” in its skill-based games, misleading players into thinking they were competing… Continue reading Why is Skillz stock crashing despite major legal victory?
Michael Burry just loaded up on Microsoft stock: should you too?
Microsoft (NASDAQ: MSFT) is extending gains on April 24 after “Big Short” investor Michael Burry revealed a new position in the tech titan amidst ongoing AI-driven pressure on tech stocks. This high-profile endorsement arrives only days before MSFT is scheduled to post its Q3 earnings. Consensus is for the behemoth to earn $4.07 a… Continue reading Michael Burry just loaded up on Microsoft stock: should you too?
Oracle stock falls 3%: why this analyst still sees upside
Shares of Oracle fell on Friday after reports that the company canceled a large hardware order, even as analysts maintained a bullish outlook on its long-term position in artificial intelligence infrastructure. The stock declined about 3.4% following reports that Oracle scrapped an order for 300 to 400 Nvidia GB300 NVL72 racks from Super Micro Computer,… Continue reading Oracle stock falls 3%: why this analyst still sees upside