Why SpaceX stock is down over 3% on Thursday

SpaceX (SPCX) shares fell more than 3% on Thursday as investors awaited the company’s delayed Starship test flight, a mission widely viewed as a key catalyst for the newly public space and artificial intelligence company. The stock traded around $111.35 in early trading after tumbling 6.7% on Wednesday, extending a volatile stretch following its record-setting… Continue reading Why SpaceX stock is down over 3% on Thursday

Why Tesla stock is tanking over 13% after Q2 earnings

Tesla stock (TSLA) plunged 13% on Thursday after the electric vehicle maker reaffirmed plans to sharply increase spending on artificial intelligence infrastructure. The move overshadowed stronger-than-expected revenue and reinforced investor concerns over rising capital expenditure and weakening cash generation. The stock extended losses after closing 1.3% lower on Wednesday. The stock’s market cap is now… Continue reading Why Tesla stock is tanking over 13% after Q2 earnings

Micron stock gains 3%: how is the company benefiting from Alphabet and Tesla earnings

Micron Technology Inc. (MU) and SK Hynix shares rose in trading on Thursday after Alphabet increased its capital expenditure guidance for 2026, easing investor concerns that spending on artificial intelligence infrastructure could slow. Micron shares gained 3.3% in the session, while SK Hynix’s American Depositary Receipts advanced 6.2%.  The rally followed Alphabet’s quarterly earnings, during… Continue reading Micron stock gains 3%: how is the company benefiting from Alphabet and Tesla earnings

Dow tanks over 600 points as oil surge, Alphabet and Tesla earnings weigh on markets

US stocks fell sharply on Thursday as escalating tensions in the Middle East sent oil prices higher, while disappointing reactions to earnings from Alphabet and Tesla added pressure to the broader market. The Dow Jones Industrial Average lost 604 points, or 1.2%, while the S&P 500 declined 1.2%. The Nasdaq Composite underperformed with a 1.8%… Continue reading Dow tanks over 600 points as oil surge, Alphabet and Tesla earnings weigh on markets

SK Hynix stock gains: ADR conversion cap could keep US shares trading at a premium

SK Hynix’s US-listed shares rose in premarket trading on Thursday. A report said the South Korean memory chipmaker has capped the number of domestic shares that can be converted into American depositary receipts (ADRs). The move could keep the stock trading at a significant premium in New York. The company, which made its Nasdaq debut… Continue reading SK Hynix stock gains: ADR conversion cap could keep US shares trading at a premium

DRAM ETF inflows rise as Micron, SanDisk, SK Hynix, Samsung lead rally amid risks

Investors are piling into the Roundhill Memory ETF (DRAM) as top stocks in the industry bounce back. DRAM jumped to $59.23, up by 20% from its lowest level this month.  DRAM ETF inflows are soaring as top stocks jump The Roundhill Memory ETF jumped as top companies in the memory sector bounced back. In South… Continue reading DRAM ETF inflows rise as Micron, SanDisk, SK Hynix, Samsung lead rally amid risks

FTSE 100 edges lower as oil rises and investors await ECB decision

Britain’s FTSE 100 was little changed on Thursday. Gains in energy shares were offset by weakness in precious metal miners. Investors also remained focused on corporate earnings and the European Central Bank’s latest policy decision. The blue-chip FTSE 100 index fell 0.04% to 10,712.83 points by 1050 GMT. The mid-cap FTSE 250 index also declined.… Continue reading FTSE 100 edges lower as oil rises and investors await ECB decision

Dow futures plunge 154 points: 5 things to know before Wall Street opens

US stock futures fell on Thursday as investors gave a cool reception to the first major technology results of the season and oil surged towards $100 a barrel. Alphabet’s strongest-ever cloud growth was overshadowed by a larger AI spending plan, while Tesla’s first negative free cash flow in more than two years sharpened questions about… Continue reading Dow futures plunge 154 points: 5 things to know before Wall Street opens

Google hit with $1B EU antitrust fine over search and play store practices

Alphabet’s Google has been fined a combined €890 million ($1 billion) by European Union regulators for violating landmark digital competition rules, even as Brussels acknowledged the company has made significant progress toward complying with the bloc’s new antitrust framework. The penalties, announced on Thursday under the Digital Markets Act, target GOOG treatment of rivals in… Continue reading Google hit with $1B EU antitrust fine over search and play store practices