Rivian Automotive Inc (RIVN) is sliding on Tuesday morning after the electric vehicle (EV) maker announced a sizable public offering of about 75 million shares. As sudden dilution fears take center stage, RIVN is reversing much of its recent gains from a stellar quarterly delivery report, reminding investors that its expansion plans remain rather expensive.… Continue reading Rivian stock sinks as dilution fears take center stage
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Samsung’s earnings send a warning ahead of Big Tech results: brace for volatility
Samsung Electronics delivered blockbuster quarterly earnings, but its sharp share-price decline may have offered investors a more important message than the results themselves: in a market driven by artificial intelligence, strong numbers are no longer enough. The South Korean technology giant reported a near 20-fold increase in second-quarter operating profit and roughly doubled revenue from… Continue reading Samsung’s earnings send a warning ahead of Big Tech results: brace for volatility
KuCoin partners with UAE Team Emirates–XRG ahead of 2026 Tour de France
KuCoin, a cryptocurrency exchange, has announced a partnership with UAE Team Emirates–XRG, a professional cycling team. The partnership will make its public debut at the 2026 Tour de France, with KuCoin branding displayed on the team’s buses, support vehicles, and fleet cars throughout the three-week race. Under the agreement, KuCoin will become the team’s exclusive… Continue reading KuCoin partners with UAE Team Emirates–XRG ahead of 2026 Tour de France
SanDisk stock drops as Samsung-led chip selloff hits memory sector
Shares of SanDisk Inc. (SNDK) fell sharply in trading on Tuesday as a broad selloff in memory-chip stocks spread from South Korea to US markets despite strong preliminary earnings from Samsung Electronics. SanDisk shares declined 8% after falling 23% over the previous three trading sessions. The stock has been one of the strongest performers in… Continue reading SanDisk stock drops as Samsung-led chip selloff hits memory sector
Dow gains 160 points as chip selloff drags Nasdaq ahead of earnings season
Dow Jones opened higher on Tuesday even as the Nasdaq came under pressure from another broad selloff in semiconductor stocks, highlighting a divergence in US equity markets ahead of the second-quarter earnings season. The Dow Jones Industrial Average gained about 160 points, or 0.3%, while the Nasdaq Composite fell around 0.7%. The S&P 500 slipped… Continue reading Dow gains 160 points as chip selloff drags Nasdaq ahead of earnings season
Crinetics stocks surge after Vertex agrees to $10B cash buyout
Crinetics Pharmaceuticals shares surged after Vertex Pharmaceuticals announced an agreement to acquire the endocrinology-focused biotech companyin a deal valued at approximately $10 billion. The all-cash transaction values Crinetics at $85 per share and is expected to close during the current quarter, subject to customary conditions. The acquisition sparked a sharp rally in CRNX stock. CRNX… Continue reading Crinetics stocks surge after Vertex agrees to $10B cash buyout
Here’s the key risk facing the Palo Alto Networks stock today
Palo Alto Networks stock continues its strong uptrend this week and is now hovering at its all-time high. PANW jumped by 156% from its lowest point this year, with analysts expecting more gains. BNP Paribas predicts that PANW will jump from the current $357 to $380, while Wells Fargo sees it soaring to $420. Other… Continue reading Here’s the key risk facing the Palo Alto Networks stock today
Rivian stock has flagged an inverted H&S pattern: will the rally continue?
Rivian stock is doing well this month and beating its top rivals like Lucid and Tesla, helped by its strong vehicle delivery numbers. RIVN soared to $20.15 on Monday, its highest level since January 8. This rally may continue ahead of its earnings, which are coming out on July 30th. Rivian stock may have more… Continue reading Rivian stock has flagged an inverted H&S pattern: will the rally continue?
Top 5 reasons why S&P 500 Index and VOO ETF have more upside to go this year
The S&P 500 Index and the VOO ETF have largely stagnated over the past two months as some of their biggest constituents, including Nvidia and Meta Platforms, have pulled back. The index was trading at 7,537, up 20% from its lowest level this year, and several key technical and fundamental factors suggest it has further… Continue reading Top 5 reasons why S&P 500 Index and VOO ETF have more upside to go this year