Stock Research

SpaceX (SPCX) shares fell more than 1% in trading on Thursday, extending a recent pullback after closing at $154.54 in the previous session, their lowest close since the company’s mid-month IPO. The stock briefly dipped below its $150 IPO price earlier this week but remains slightly above its initial trading level of June 12. After… Continue reading SpaceX stock continues to dip ahead of Russell 1000 inclusion

Micron Technology stock is soaring this morning after the company posted blockbuster Q3 results, featuring a nearly 350% year-over-year increase in revenue to $41.46 billion. Still, the broader semiconductor complex is not following Micron’s lead – with Intel (INTC), Advanced Micro Devices Inc, and even Nvidia failing to participate in the rally on Jun. 25.… Continue reading Why Micron earnings aren’t driving Intel, AMD shares higher?

Nvidia (NVDA) stock fell on Thursday, giving up premarket gains as investors weighed growing competition in the artificial intelligence chip market despite another wave of enthusiasm across the broader AI sector. The stock was down 1.3% at $196.76 in early trading after closing 0.5% lower in the previous session. The decline came even as memory-chip… Continue reading Why Nvidia stock isn’t joining the Micron-led surge today

Shares of BlackBerry (BB) traded higher on Thursday morning after the company reported stronger-than-expected first-quarter results and raised its financial outlook for fiscal 2027. At the time of writing, BB stock was up more than 22% on the NYSE following the earnings release. The company said it achieved operating cash flow of $4.6 million in… Continue reading Why is Blackberry stock surging over 20% today?

Apple shares fell nearly 5% on Wednesday after the company raised prices of several Mac and iPad models, becoming one of the latest consumer technology companies to pass on soaring memory and storage costs driven by the artificial intelligence boom. The AAPL stock was down about 4.89% at the time of writing. The price increases… Continue reading Apple stock falls as memory shortage forces company to hike Mac and iPad prices

Micron Technology (MU) briefly moved ahead of Meta Platforms (META) and Tesla (TSLA) in market capitalization on Thursday, after a strong outlook from the memory chipmaker extended its rally driven by artificial intelligence demand. Micron’s shares had surged 18.4% at $1,236, giving the company a market value of $1.398 trillion. This compared with Meta’s $1.392… Continue reading Micron briefly overtakes Meta, Tesla on AI chip demand surge

Micron Technology’s latest earnings were not just another strong AI-chip result, but a warning that the next big shortage in artificial intelligence may be hiding in memory. The company reported record fiscal third-quarter revenue of $41.5 billion and adjusted profit of $25.11 per share, both comfortably ahead of Wall Street estimates. Its shares jumped 12%… Continue reading Micron’s record-breaking quarter reveals AI’s next trillion-dollar bottleneck

Wall Street looked ready to give the AI trade another chance on Thursday, but the recovery came with a warning label. Nasdaq futures jumped after Micron and Qualcomm delivered the kind of demand signals investors had been waiting for after a bruising selloff in chip shares. The message was simple: spending on AI infrastructure is… Continue reading Nasdaq futures skyrocket 650 points: 5 things to know before Wall Street opens

International Consolidated Airlines Group (IAG) and Rolls-Royce (RR) shares have gone parabolic this month. IAG jumped to 488p, its highest point since 1997, bringing its year-to-date gains to 14.5%.  Rolls-Royce share price jumped to a record high of 1,532p before pulling back to 1,426p. It has jumped by 23% this year, beating the FTSE 100… Continue reading Why IAG and Rolls-Royce shares are surging this month