Shares of Tesla (TSLA) rebounded sharply on Wednesday, climbing around 3% as investors quickly moved past the previous session’s selloff and refocused on the company’s autonomous driving ambitions. The recovery followed Tuesday’s roughly 3% decline and extended a broader rally that has lifted Tesla shares nearly 10% over the past week. The gains came despite… Continue reading Tesla stock climbs 3% as Musk heads to China amid FSD expansion push
stocktrader
Why Alphabet stock is outperforming broader market today?
Shares of Alphabet Inc. (GOOGL) rose 1.86% on Wednesday as investors responded to continued growth in the company’s Waymo autonomous vehicle business and reports that Google is exploring orbital artificial intelligence data centers alongside SpaceX. The benchmark index S&P 500 was up 0.04% while the Nasdaq Composite gained 0.44%. The stock traded near $395, extending… Continue reading Why Alphabet stock is outperforming broader market today?
Nvidia stock hits new ATH again: what’s fueling the golden run?
Shares of Nvidia (NVDA) climbed on Wednesday, extending gains for a sixth straight session and hitting another record high. The stock jumped around 2% to hit a new record high of $227.16. The company’s market cap stands around $5.4 trillion. Investors grew more optimistic about the company’s prospects in China ahead of high-level US-China meetings… Continue reading Nvidia stock hits new ATH again: what’s fueling the golden run?
Figma stock price just double-bottomed: will it surge after earnings?
Figma stock price has crashed and is hovering near its all-time low as concerns about its business growth and costs jump. After peaking at $142 following its initial public offering, FIG stock has tumbled to $21, erasing billions of dollars in value. Still, there are signs that the stock is a good buy ahead of… Continue reading Figma stock price just double-bottomed: will it surge after earnings?
AMAT stock on edge ahead of earnings: what’s next for Applied Materials?
Applied Materials stock price has been in a strong bull run and is trading near its record high. AMAT was trading at $431, a few points lower than the record high of $447. It has soared by 156% in the last 12 months and 275% in the last five years. Analysts are upbeat about AMAT… Continue reading AMAT stock on edge ahead of earnings: what’s next for Applied Materials?
Alibaba shares fall as AI spending dents earnings despite strong growth
Shares of Alibaba Group fell more than 2.5% in premarket trading on Wednesday after the Chinese technology giant reported mixed quarterly results, with revenue growth supported by artificial intelligence demand but profitability sharply hit by aggressive investment spending. Alibaba posted a 3% rise in fiscal fourth-quarter revenue, as its cloud and AI businesses continued to… Continue reading Alibaba shares fall as AI spending dents earnings despite strong growth
Dow falls 230 points as hot inflation data rattles Wall Street
US stocks opened subdued on Wednesday after another stronger-than-expected inflation report reinforced expectations that the Federal Reserve may keep interest rates elevated throughout the year, while a rebound in semiconductor stocks helped support technology-heavy indexes. The Dow Jones Industrial Average fell 230 points, or 0.46%, while the S&P 500 slipped 0.04%. Nasdaq Composite outperformed, gaining… Continue reading Dow falls 230 points as hot inflation data rattles Wall Street
Concordium named AI partner of Denmark’s National Ice Hockey team
Danmarks Ishockey Union (DIU) has named Concordium as the Official AI Partner of the Danish National Ice Hockey Team. The partnership will launch during the 2026 IIHF Ice Hockey World Championship in Switzerland. The collaboration will focus on two joint initiatives built on Concordium’s AI infrastructure. The first is a Verified Fan Programme, which will… Continue reading Concordium named AI partner of Denmark’s National Ice Hockey team
Solana AI PreStocks crash after OpenAI and Anthropic stock transfer warnings
Solana-based PreStocks tied to Anthropic and OpenAI have plunged this week after both artificial intelligence firms warned that unauthorised share transfers conducted through tokenized structures and special-purpose vehicles may be invalid and carry no shareholder rights. According to statements published by Anthropic and OpenAI earlier this week, the companies do not recognise transfers of their… Continue reading Solana AI PreStocks crash after OpenAI and Anthropic stock transfer warnings