US stocks fell on Tuesday as a technology-led sell-off extended into a second session, with semiconductor and artificial intelligence-related shares leading losses amid global market weakness. The S&P 500 declined 1.43%, while the Nasdaq Composite dropped 2.21%. The Dow Jones Industrial Average ended slightly below the flatline, down by 45 points after earlier intraday weakness.… Continue reading Dow slips 45 points as tech sell-off deepens on AI and chip stock weakness
Stock Research
Strategy (MSTR) stock slumps as Bitcoin bet and preferred shares under pressure
Shares of Strategy (previously known as Microstrategy), the bitcoin-accumulation firm founded by Michael Saylor, fell sharply on Tuesday and were on track for their lowest close in more than two years. MSTR stock dropped 4.8% in afternoon trading and is now down more than 30% this year, reflecting renewed pressure across both its equity and… Continue reading Strategy (MSTR) stock slumps as Bitcoin bet and preferred shares under pressure
Netflix needs a new growth story to halt its stock decline
Netflix shares have come under pressure in recent months as investors question what will drive the company’s next phase of growth following the collapse of its proposed acquisition of Warner Bros. Discovery. The streaming giant’s stock has fallen 14% since Feb. 26, when Netflix declined to match Paramount Skydance’s $81 billion bid for Warner Bros.… Continue reading Netflix needs a new growth story to halt its stock decline
AST SpaceMobile stock rises as BlueBird launch, Rakuten JV plans emerge
AST SpaceMobile ASTS shares rose more than 4% on Tuesday after the company outlined the launch timeline for its next batch of BlueBird satellites and disclosed plans to expand into Japan through a joint venture with Rakuten Group. The stock’s gains came after recent weakness across the space sector, which has been under pressure following… Continue reading AST SpaceMobile stock rises as BlueBird launch, Rakuten JV plans emerge
Cerebras stock: options pricing suggests Q1 earnings won’t salvage it
A broader semiconductor sell-off is weighing on Cerebras Systems (CBRS) shares as the company warms up to report its quarterly earnings later today (after market close). While the Nasdaq-listed firm is widely regarded as “The Nvidia Challenger”, options traders aren’t entirely convinced that the Q1 print will help it reclaim some of its year-to-date losses… Continue reading Cerebras stock: options pricing suggests Q1 earnings won’t salvage it
Backblaze jumps 30% on $335M CoreWeave AI storage deal
Backblaze shares BLZE surged in trading on Tuesday after the company announced a $335 million, five-year storage agreement with AI-focused cloud provider CoreWeave. The deal underscores rising demand for large-scale data infrastructure tied to artificial intelligence workloads. The stock rose as much as 31% in the session, after the company said it will provide large-scale… Continue reading Backblaze jumps 30% on $335M CoreWeave AI storage deal
What’s helping Infleqtion stock defy a broader tech rout today?
Infleqtion (INFQ) shares are ripping higher, defying a broader tech rout that’s hurting the likes of Intel, SanDisk, Micron, AMD, and even Nvidia this morning (Jun. 23). The INFQ rally on Tuesday is being driven by a perfect storm of landmark federal policy updates and a massive new strategic initiative launched by the company. Despite… Continue reading What’s helping Infleqtion stock defy a broader tech rout today?
Fund manager names 3 non-AI stocks to own as Intel, AMD sink amid broader tech rout
The tech sector is experiencing a sharp global sell-off today, dragging down chipmakers like Intel, AMD, Micron, and even the artificial intelligence (AI) darling – Nvidia. What’s driving this weakness is a combination of a global market contagion (KOSPI crashed over 10% prompting a trading halt), resurgent fears of the US rate hike, and a… Continue reading Fund manager names 3 non-AI stocks to own as Intel, AMD sink amid broader tech rout
Tesla stock is sliding over 5% today: here’s why
Tesla shares fell sharply on Tuesday after US regulators opened an investigation into a fatal crash in Texas involving one of the company’s vehicles, adding fresh scrutiny to the automaker’s driver-assistance technology. The stock dropped about 5% in early trading as investors weighed the implications of the investigation against an already challenging backdrop for technology… Continue reading Tesla stock is sliding over 5% today: here’s why
