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The semiconductor landscape is witnessing a structural shift in retail capital allocation as the DRAM memory chip exchange-traded fund (ETF) emerges as a primary vehicle for AI infrastructure plays. Launched by Roundhill Investments on April 2nd, the fund has rapidly ascended to “darling” status among retail investors seeking targeted exposure to the memory chips supply… Continue reading Retail investors are flooding into this recently launched AI-themed ETF

US stocks closed mixed on Tuesday as a selloff in semiconductor shares and rising oil prices pressured technology-heavy indexes following a hotter-than-expected inflation report for April. The S&P 500 slipped 0.16% to close at 7,400.96, while the Nasdaq Composite fell 0.71% to 26,088.20. The Dow Jones Industrial Average outperformed, rising 56.09 points, or 0.11%, to… Continue reading Dow ends 50 points higher as Nasdaq slides on inflation, chip selloff

US President Donald Trump said trade would dominate discussions during his upcoming summit with Chinese President Xi Jinping, even as tensions surrounding the Iran conflict continue to pressure global energy markets.  Oil prices surged above $100 per barrel as hopes for a peace agreement between the US and Iran weakened further. Meanwhile, the US Senate… Continue reading Evening digest: Oil stays above $100, Warsh moves closer to leading Fed

Shares of Boeing fell on Tuesday after the aerospace manufacturer reported April aircraft deliveries that came in slightly below investor expectations, while the company also faced renewed legal scrutiny tied to its 737 MAX aircraft program. Boeing (BA) shares declined 2.98% to $231.11, putting the stock on track to snap a five-session winning streak. The… Continue reading Boeing stock slips as April deliveries miss expectations, lawsuit looms

Shares of Broadcom fell sharply on Tuesday as investors took profits following a massive rally tied to artificial intelligence infrastructure demand, even as analysts continued raising price targets ahead of the company’s upcoming quarterly earnings report. Broadcom (AVGO) shares dropped as much as 4.67% during the session to $408.41 before recovering to around $414.04. Despite… Continue reading Why analysts are bullish on Broadcom stock despite a 4% fall today?

Shares of memory and storage companies fell sharply on Tuesday as investors took profits following a massive rally tied to artificial intelligence infrastructure demand, triggering a broad selloff across the semiconductor memory sector. Shares of SanDisk (SNDK) dropped 9.39% to around $1,402 during midday trading, while Micron Technology fell more than 8.19% to roughly $730.… Continue reading Why Sandisk, Micron stock are plunging upto 9% on Tuesday

In a landmark interview with CNBC this morning, billionaire investor Ron Baron said SpaceX is on a trajectory to become the “largest company” on planet Earth. Over the past six months, Baron Capital has grown its assets under management (AUMs) by an incredible $14 billion, a surge the market mogul attributed to his early and… Continue reading SpaceX IPO: Ron Baron says the space exploration firm will be bigger than Nvidia

Shares of major semiconductor companies retreated sharply on Tuesday as investors locked in gains following a powerful rally driven by optimism around artificial intelligence infrastructure and next-generation chip demand. Intel (INTC) fell about 10% in trading after the stock more than doubled over the past month through Monday’s close. Qualcomm dropped over 13%, while Advanced… Continue reading Why are Intel, Qualcomm, AMD stocks falling today?

Tesla stock tumbled roughly 4% on Tuesday as a hotter-than-expected US inflation reading triggered a broad selloff across technology and growth stocks. The decline followed a strong stretch for Tesla shares. The stock had surged nearly 10% over the previous week and added another 3.8% on Monday as investors increasingly focused on the company’s artificial… Continue reading Tesla stock is crashing around 4% today: here’s why