Fermi stock plunges as CEO exits, but analysts see upside ahead

Shares of Fermi tumbled sharply on Monday after the company announced the departure of Chief Executive Toby Neugebauer, triggering investor concerns about leadership stability at a critical stage of its expansion. The stock fell as much as 23% to around $5.03, extending its year-to-date decline to roughly 18% as of last week’s close. The leadership… Continue reading Fermi stock plunges as CEO exits, but analysts see upside ahead

Two AI giants that could rival Apple’s market cap by 2028

The hierarchy of the tech world is undergoing a seismic shift. For years, Apple Inc (NASDAQ: AAPL) has reigned supreme as the ultimate titan of the consumer era, currently sitting on a staggering market capitalization of about $4 trillion. However, as the global economy pivots from mobile-first to AI-first, the spotlight is moving from the… Continue reading Two AI giants that could rival Apple’s market cap by 2028

Why POET stock is soaring despite short-seller report?

POET Technologies (NASDAQ: POET) is ripping higher this morning after responding swiftly to a short-seller report that alleged it’s an “obvious stock promote” designed to enrich insiders while leaving retail investors with a “tax nightmare.” According to Wolfpack Research – the firm behind the hit piece – POET’s financial structure will trigger severe IRS penalties… Continue reading Why POET stock is soaring despite short-seller report?

Why Nvidia stock slipped below $200 on Monday

Nvidia shares pulled back below the $200 mark in early Monday trading, giving up recent gains as competitive pressures in the artificial intelligence chip sector showed no signs of easing. The stock fell 1.5% to $198.51, declining more steeply than major benchmarks. The S&P 500 was down 0.4%, the Nasdaq Composite shed 0.7%, and the… Continue reading Why Nvidia stock slipped below $200 on Monday

ChatGPT outage hits globally as OpenAI probes access issues

OpenAI faced a widespread outage affecting its flagship chatbot ChatGPT and coding tool Codex, disrupting users across multiple regions even as the company announced a record-breaking funding round that underscores investor confidence in artificial intelligence. The outage began around 10:05 a.m. ET, with a sharp spike in user complaints logged on Downdetector. Reports indicated that… Continue reading ChatGPT outage hits globally as OpenAI probes access issues

Google news sends Marvell stock to a record high

Marvell Technology (NASDAQ: MRVL) opened comfortably in “green” this morning after reports surfaced that it’s in active discussions to co-develop two new custom AI chips for Alphabet Inc. The Wilmington-headquartered firm will reportedly help Google design both specialized memory processing unit (MPU) and an inference-optimized Tensor Processing Unit (TPU). Marvell stock has been a lucrative… Continue reading Google news sends Marvell stock to a record high

Tesla stock slips 2% on Monday after last week’s rally: here’s why

Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets. The move came as investors turned cautious ahead of the company’s first-quarter earnings report and awaited updates on its artificial intelligence strategy. The stock’s decline came even as the Dow Jones Industrial Average slipped just 0.1%, while the S&P 500 fell… Continue reading Tesla stock slips 2% on Monday after last week’s rally: here’s why

Adobe stock jumps as AI agent push aims to fend off rising competition

Shares of Adobe rose on Monday after the company unveiled a new artificial intelligence agent platform aimed at strengthening its position in an increasingly competitive software landscape. The stock climbed about 2.49% to $250.53, outperforming a broader market decline that saw the S&P 500 fall 0.14% and the Nasdaq Composite drop 0.34%. Despite the gain,… Continue reading Adobe stock jumps as AI agent push aims to fend off rising competition

Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip

Wall Street’s main indexes opened lower on Monday, as renewed tensions between the US and Iran weighed on investor sentiment following a record-setting rally last week. The Dow Jones Industrial Average gained 28 points, while the S&P 500 slipped 0.17% and the Nasdaq-100 declined about 0.13%. The pullback comes after a strong run that pushed… Continue reading Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip