Stock Research

Nvidia (NVDA) shares edged lower on Thursday but held up considerably better than many semiconductor peers as investors digested a sharp sector-wide selloff triggered by Broadcom’s earnings report. Nvidia stock fell 0.8% to $214.75 in early trading. While the stock remained under pressure, the decline was modest compared with losses elsewhere in the semiconductor sector.… Continue reading Why Nvidia stock is outperforming AI peers today

US stocks opened lower on Thursday as a sharp selloff in semiconductor shares following Broadcom’s quarterly results weighed on investor sentiment. Markets were also closely watching rising geopolitical tensions in the Middle East and the release of fresh US economic data. The S&P 500 fell about 0.28%, while the Nasdaq Composite dropped roughly 1%. The… Continue reading Dow jumps 500 points as Broadcom selloff drags Nasdaq lower

Top space stocks are in a freefall this week, with Virgin Galactic (NYSE: SPCE) falling to $4.25, its lowest level since May 28. It has slumped by over 53% from its highest point last week.  Intuitive Machines (LUNR) stock has dropped by 30% from its highest point last week, while Rocket Lab (RKLB) has fallen… Continue reading Here’s why Intuitive Machines, Virgin Galactic, Rocket Lab stocks are falling

The UK’s benchmark FTSE 100 index fell to its lowest level in more than two weeks on Thursday, weighed down by sharp declines in Asia-focused lenders and miners after reports of tighter offshore banking restrictions in China. Lower crude oil prices also dragged energy stocks lower, adding to the market’s weakness. By 1144 GMT, the… Continue reading FTSE 100 drops amid China banking concerns and falling oil prices

CrowdStrike shares slumped 11% in premarket trading on Thursday despite the cybersecurity company delivering better-than-expected quarterly results, as investors appeared unimpressed by annual recurring revenue growth and likely opted to lock in gains following a blistering rally. The stock had been one of the strongest performers in the software sector, rising about 60% in May… Continue reading CrowdStrike shares drop on ARR shortfall despite strong quarterly results

China’s CATL, the world’s largest battery manufacturer, expects energy storage to account for half of its global sales by 2030, up from approximately 25% at present, according to a company executive. Kevin Tang, CATL’s Director of Energy Storage Systems for Europe, said the energy storage segment has grown significantly over the past five years. Speaking… Continue reading CATL expects energy storage to account for half of global sales by 2030

US stock futures were mixed on Thursday as a steep premarket drop in Broadcom dragged technology shares lower and interrupted Wall Street’s record-setting run. Nasdaq 100 futures led declines, while Dow contracts edged higher. The pullback followed a powerful advance to record highs and came as investors assessed fresh geopolitical risks, upcoming labour-market data and… Continue reading Wall Street futures remain mixed: 5 things to know before markets open

Elon Musk’s SpaceX is days away from what could become the largest initial public offering in history, giving the public its first opportunity to own shares in the rocket, satellite, and artificial intelligence company. The company has now disclosed its IPO price, launch timeline, and other details, answering some of the biggest questions investors have… Continue reading Before you invest in SpaceX: the IPO details most investors are missing

Universal Music shares fell on Thursday after billionaire investor Bill Ackman’s Pershing Square Capital Management sold its remaining stake in the world’s largest music company, ending a five-year investment that is expected to generate profit of at least $600 million. The disposal involved approximately 80.6 million Universal Music shares valued at more than $1.5 billion,… Continue reading Universal Music shares fall as Ackman sells $1.5B stake