Qualcomm eyes modular AI deal as stock falls on tech selloff pressure

Qualcomm Inc. QCOM shares moved lower on Tuesday, falling about 6% in trading as a broader technology selloff weighed on sentiment, even as fresh reports pointed to an expansion of its artificial intelligence ambitions. The decline came despite Bloomberg reporting that Qualcomm is in advanced talks to acquire AI infrastructure software company Modular Inc. in… Continue reading Qualcomm eyes modular AI deal as stock falls on tech selloff pressure

Amazon Prime Day begins today: Here’s what AMZN investors should know

AMZN kicked off its 12th annual Prime Day event on Tuesday, launching a four-day shopping extravaganza featuring millions of deals across more than 35 countries. For the e-commerce giant, Prime Day has become one of the most important events on the retail calendar, driving a surge in online spending and offering insights into consumer behaviour.… Continue reading Amazon Prime Day begins today: Here’s what AMZN investors should know

Dow falls 320 points as Nasdaq slides 2.2% in AI tech selloff

US stocks opened lower on Tuesday as a technology-led selloff accelerated, with semiconductor and artificial intelligence-related stocks coming under renewed pressure. The Dow Jones Industrial Average fell 326 points. The Nasdaq Composite dropped 2.2% while the S&P 500 was down 1.5%. The weakness followed Monday’s session, when the Nasdaq Composite fell 1.3%, weighed heavily by… Continue reading Dow falls 320 points as Nasdaq slides 2.2% in AI tech selloff

EU ramps up pressure on Meta over child safety concerns

Meta Platforms is facing fresh regulatory pressure in Europe as the European Union prepares to escalate its investigation into whether Facebook and Instagram use design features that are addictive to children. The developments place Meta at the centre of two major stories at once. In Europe, the company is facing closer scrutiny over the impact… Continue reading EU ramps up pressure on Meta over child safety concerns

IBM stock jumps after JPMorgan upgrade on AI and software growth

Shares of IBM climbed nearly 5% in premarket trading on Tuesday after JPMorgan upgraded the technology company, citing increasing confidence in its software business and potential benefits from growing artificial intelligence adoption. JPMorgan analyst Brian Essex upgraded IBM to Overweight from Neutral and raised his price target to $291 from $270. The analyst said expectations… Continue reading IBM stock jumps after JPMorgan upgrade on AI and software growth

Dow futures plunge 320 points: 5 things to know before Wall Street opens

Wall Street’s Tuesday setup is no longer just about oil or geopolitics. Nasdaq futures were pointing to a sharp selloff before the bell as investors questioned whether the AI trade can keep absorbing higher borrowing costs and debt-funded spending. The pressure followed a global equity slide, with Europe and Asia pulled lower after Monday’s tech-led… Continue reading Dow futures plunge 320 points: 5 things to know before Wall Street opens

London stocks slide as hawkish rate outlook and political uncertainty hit sentiment

London’s benchmark stock indexes fell to more than one-week lows on Tuesday, pressured by global market weakness, rising expectations of interest rate hikes, and renewed political uncertainty in Britain after Prime Minister Keir Starmer’s resignation. The blue-chip FTSE 100 dropped 0.7% by 0919 GMT to its lowest level since June 12, while the domestically focused… Continue reading London stocks slide as hawkish rate outlook and political uncertainty hit sentiment

SpaceX stock tanks 3%: are investors fleeing after Monday’s $400B rout?

SpaceX stock (NASDAQ: SPCX) fell again in premarket trading on Tuesday, extending a sharp post-IPO reversal that has raised some hard questions for investors. The stock slipped about 3.5% before the open to roughly $149, putting it close to the symbolic $150 level and only about 10% above its $135 IPO price. Monday’s 16.4% plunge… Continue reading SpaceX stock tanks 3%: are investors fleeing after Monday’s $400B rout?

This boring index fund could quietly turn $450 monthly into $905,200

A low-cost Vanguard index fund is drawing fresh attention for showing how ordinary monthly investing can turn into serious long-term wealth. The Vanguard Dividend Appreciation ETF, better known by its ticker VIG, is not the sort of fund that lights up social media. It does not promise the next AI winner. It does not chase… Continue reading This boring index fund could quietly turn $450 monthly into $905,200