Nikkei 225 Index dips as Brent crude oil price jumps to $100

The Nikkei 225 Index slipped by over 2.2% on Thursday morning as the crisis in energy accelerated. The index, which tracks the top companies in Japan, dropped to ¥53,855, down by 10% from the all-time high. Japan stocks crash as crude oil prices surge  The Nikkei 225 Index remained on edge as energy prices continued… Continue reading Nikkei 225 Index dips as Brent crude oil price jumps to $100

US stocks close mixed as Dow drops 289 points despite tech resilience

US stocks closed mixed on Wednesday as investors navigated rising geopolitical tensions and higher Treasury yields. The Dow Jones Industrial Average fell 289 points to 47,417.21, while the S&P 500 slipped 0.08% to 6,775.75. The Nasdaq Composite bucked the broader weakness, edging up 0.08% to 22,716.14, supported by resilience in technology shares. Oil climbs despite… Continue reading US stocks close mixed as Dow drops 289 points despite tech resilience

Why Micron stock is soaring nearly 5% today?

Micron stock (NASDAQ: MU) surged nearly 5% on Wednesday as investors digested a fresh round of analyst upgrades. The fresh rally came in the backdrop of the artificial intelligence sector pulling demand in one direction, and the evidence shows that it is not slowing down. Micron’s rally on Wednesday was driven by multiple catalysts, including… Continue reading Why Micron stock is soaring nearly 5% today?

Musk unveils Tesla-xAI project ‘Macrohard’ to emulate software companies

Elon Musk on Wednesday unveiled a new artificial intelligence project developed jointly by Tesla and the startup xAI that he said could emulate the functions of software companies. In a post on social media platform X, Musk described the project as “Macrohard” or “Digital Optimus,” a system that pairs xAI’s Grok large language model with… Continue reading Musk unveils Tesla-xAI project ‘Macrohard’ to emulate software companies

Cramer trashes Campbell stock: ‘not a great American company anymore’

Famed investor Jim Cramer says it’s hard to see Campbell’s (NASDAQ: CPB) Q2 earnings release and believe it’s still the great American company it once was. On Wednesday, the canned food specialist posted 51 cents a share of earnings on a 5% sales decline to $2.56 billion – both below consensus. Compounding the pain, its… Continue reading Cramer trashes Campbell stock: ‘not a great American company anymore’

Nvidia stock stuck below $190: can GTC event be a catalyst?

Nvidia stock moved higher early Wednesday as investor concerns about disruptions to the company’s supply chain began to fade. Nvidia stock rose about 0.5% to $186.25 in early trading after gaining 1.2% in the previous session. The broader market also edged higher as investors assessed comments from Donald Trump suggesting that the conflict involving Iran… Continue reading Nvidia stock stuck below $190: can GTC event be a catalyst?

Tesla stock jumps nearly 3% today, but the rally may not last

Tesla stock (NASDAQ: TSLA) rose 2.8% in intraday trading on Wednesday, climbing as high as $416.38 from Tuesday’s close of $399.24. The rally came as the investors reacted to a mix of supportive catalysts, including stronger China sales data, cooling US inflation, and renewed optimism around AI-related stocks. While the gains reflect improved sentiment around… Continue reading Tesla stock jumps nearly 3% today, but the rally may not last

How Nvidia’s $2 billion investment may ‘backfire’ on Nebius stock

Nebius Group (NASDAQ: NBIS) rallied nearly 15% on Wednesday after the artificial intelligence (AI) infrastructure company received a massive $2 billion follow-on investment from Nvidia. The agreement ostensibly accelerates NBIS’s goal to become the premier European “AI factory”, yet a closer look reveals a circular capital flow that may be inflating the firm’s valuation. A… Continue reading How Nvidia’s $2 billion investment may ‘backfire’ on Nebius stock