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Corning GLW shares surged more than 10% on Monday, hitting a new 52-week high of $208.34, as investors reacted to a combination of bullish analyst actions, a major Nvidia partnership, and an upgraded long-term growth outlook tied to artificial intelligence infrastructure demand. The sharp rally came after Bank of America added Corning to its “US… Continue reading Corning surges to record high: is the AI boom just beginning?

Qualcomm (QCOM) stock surged on Monday as investors continued piling into semiconductor shares amid the ongoing artificial intelligence boom. Shares jumped as much as 12.7% to hit a record high of $247.90, making Qualcomm one of the strongest performers in the S&P 500 session. However, the stock had given up some of those gains at… Continue reading Qualcomm stock continues dream run: how high can it go?

Geopolitical risks reached a fever pitch on Monday after the US President Donald Trump said Iran ceasefire is “on life-support” as he rejected Tehran’s counter proposal for a peace treaty. With the Strait of Hormuz remaining a volatile flashpoint and energy prices threatening to squeeze corporate margins, the macro environment appears fraught with peril. However,… Continue reading Nasdaq seen hitting 30,000, S&P 500 exceeding 8,000 level

Western Digital WDC shares surged 7% on Monday as investors increased bets on companies positioned to benefit from the accelerating AI-driven memory and storage boom. The rally in Western Digital comes amid growing optimism around demand for high-capacity data center storage, with investors viewing the company as a key beneficiary of expanding AI infrastructure spending.… Continue reading Western Digital rallies 7% amid AI surge in Micron and Sandisk

Tesla (TSLA) stock climbed around 2.5% on Monday, extending last week’s strong rally as investors continued piling into the electric vehicle maker ahead of several potential catalysts tied to artificial intelligence and autonomous driving. The stock has already gained nearly 10% over the past week. The latest move came as Piper Sandler reiterated its Overweight… Continue reading Why Tesla stock is up around 2.5% on Monday

Everspin Technologies Inc (MRAM) has been in a sharp uptrend since late April, when it posted a massive Q1 earnings beat and announced a $40 million agreement with a US prime contractor. Yet, the company’s share price ripped higher – as much as 50% – on Monday morning. For novice investors, the price action may… Continue reading Q1 beat, $40M contract are old news – why is MRAM stock soaring today then?

Investors continue to cheer Intel Corp (NASDAQ: INTC) following reports of its preliminary chip manufacturing agreement with Apple Inc (NASDAQ: AAPL). This marks a seismic shift for Intel Foundry – suggesting the semiconductor giant is about to sign on a high-volume, high-profile mobile customer it has chased for years. However, Bank of America analysts led… Continue reading Apple deal fails to lift BofA’s view on Intel stock

Nvidia (NVDA) stock rose in early trading Monday as investors positioned ahead of the chipmaker’s upcoming earnings report, with shares approaching a fresh record close. Shares were up 2.07% at $219.76 in early trading after ending Friday at $215.20, just below the stock’s previous record close of $216.61 reached on April 27. The sharp move… Continue reading Why Nvidia stock is beating the broader market today

Moderna shares surged on Monday as investors rushed into vaccine and biotech stocks following reports of a hantavirus outbreak linked to a cruise ship, despite health authorities maintaining that the overall public health risk remains low. The stock rose 9.43% to $59.48, its intraday high after a US national tested mildly positive for the Andes… Continue reading Moderna stock soars as hantavirus fears spark outbreak trade