Asia tech rout widens: SoftBank sheds 12%, SK Hynix, Samsung plunge 8%

Asian technology stocks fell sharply on Friday, as SoftBank Group tumbled more than 12% and chip-heavy markets from Tokyo to Seoul came under fresh pressure. The selloff followed a fourth straight decline on the Nasdaq, where Apple sank 6.1% after announcing price increases for iPads and MacBooks to offset surging memory and storage chip costs.… Continue reading Asia tech rout widens: SoftBank sheds 12%, SK Hynix, Samsung plunge 8%

Best small-cap stocks to buy as market rally broadens

Value investors have faced an uphill battle this year as the relentless AI trade continues to suck the oxygen out of Wall Street. Speaking recently with CNBC, Ariel Investments founder and chief investment officer John Rogers warned that the broad market has become excessively expensive, driven by an “AI craze” that he expects will mirror… Continue reading Best small-cap stocks to buy as market rally broadens

Dow hits record high as Nasdaq falls on tech weakness and inflation data

The Nasdaq Composite fell on Thursday as investors rotated out of major technology stocks, even after a strong earnings report from Micron Technology. The Dow Jones Industrial Average, meanwhile, hit a new intraday record, supported by gains in non-tech sectors. The Nasdaq declined 0.46%, while the S&P 500 hovered near the flatline. The Dow rose… Continue reading Dow hits record high as Nasdaq falls on tech weakness and inflation data

Qualcomm stock jumps on AI data center push, Meta and Microsoft deals

Qualcomm shares climbed on Thursday after the chipmaker outlined an expanded push into artificial intelligence data centers, raised its long-term revenue targets, and unveiled new partnerships with Meta Platforms and Microsoft. Shares rose 8% earlier in the trading session. It lost some of the gains, and at the time of writing, QCOM shares were up… Continue reading Qualcomm stock jumps on AI data center push, Meta and Microsoft deals

Stifel just lowered price target on Microsoft stock: find out more

Microsoft (MSFT) shares inched lower and printed a fresh 52-week low this morning after a senior Stifel analyst, Brad Reback, lowered his price target on the tech behemoth to $400. As sentiment shifts from blind AI enthusiasm to cold financial scrutiny, MSFT’s relative strength index (RSI) has crashed into the late 20s, indicating “oversold” conditions… Continue reading Stifel just lowered price target on Microsoft stock: find out more

Analyst explains what Strategy stock needs to stop the bleeding

A brutal multiweek cryptocurrency drawdown has sent Strategy Inc (MSTR) into a freefall – with the company’s share price having crashed below the critical $100 threshold for the first time since 2024. At the time of writing, MSTR stock is trading at a fresh 52-week low of about $87, while the firm’s flagship STRC preferred… Continue reading Analyst explains what Strategy stock needs to stop the bleeding

SpaceX stock continues to dip ahead of Russell 1000 inclusion

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

Why Micron earnings aren’t driving Intel, AMD shares higher?

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?