Why is AMD stock falling ahead of Lisa Su’s high-stakes Korea trip?

Advanced Micro Devices (NASDAQ: AMD stock) slipped nearly 3% on Thursday as investors looked past an important overseas trip by Chief Executive Lisa Su and focused instead on a more immediate problem. The plunge on Thursday came amid broader market weakness as the oil prices continue to rise and the Iran-US conflict is escalating with… Continue reading Why is AMD stock falling ahead of Lisa Su’s high-stakes Korea trip?

UiPath stock: why sell-off makes sense despite Q4 beat and buyback

UiPath Inc (NYSE: PATH) opened in the red this morning after the firm’s muted full-year outlook tempered its Q4 beat and announcement of a new $500 million share repurchase programme. To some, the sell-off may look like an overreaction, especially given that the software company posted its first-ever profit on a GAAP basis on March… Continue reading UiPath stock: why sell-off makes sense despite Q4 beat and buyback

Analysts see these US chemical stocks gaining as Middle East conflict deepens

Shares of US chemical producers moved higher as investors assessed the impact of escalating tensions in the Middle East on global supply chains. Companies with significant production along the US Gulf Coast, including Dow and LyondellBasell Industries, have emerged as potential beneficiaries of disruptions to petrochemical exports from the region. Analysts at Citi upgraded both… Continue reading Analysts see these US chemical stocks gaining as Middle East conflict deepens

Palantir still uses Anthropic’s Claude despite Pentagon blacklist

Palantir Technologies Inc (PLTR) is in focus today after CEO Alex Karp confirmed the company still uses Anthropic’s Claude AI, despite the Pentagon’s recent branding of the startup as “supply chain risk.” While the Department of Defense (DOD) plans on moving away from Anthropic, the integration remains active for now, he revealed at the “AIPcon… Continue reading Palantir still uses Anthropic’s Claude despite Pentagon blacklist

Nvidia stock down over 2% today: why investors are booking profits

Nvidia stock (NASDAQ: NVDA) slipped 2% on Thursday to hover near the $182 mark amid geopolitical headwinds and macroeconomic anxiety. The plunge came after few days of healthy gains as Nvidia stock battered the broader market weakness on the back of strong bullish factors. But Thursday’s pullback should not be seen as a doubt around… Continue reading Nvidia stock down over 2% today: why investors are booking profits

Nutrien stock slowly forms cup & handle as fertilizer prices rise

Nutrien stock price has staged a strong comeback, reaching its highest point since September 2022. It jumped to $82, up by 100% from its lowest point during the pandemic, with the rally accelerating amid the ongoing Iran war. This surge has pushed its market capitalization to over $38 billion. It may continue rising after forming… Continue reading Nutrien stock slowly forms cup & handle as fertilizer prices rise

BlackRock doubles down on crypto with Ethereum staking ETF launch

BlackRock is widening its presence in digital asset markets with the launch of a new exchange traded product tied to Ethereum staking. The asset manager on Thursday introduced the iShares Staked Ethereum Trust ETF, listed on Nasdaq, giving investors exposure to spot Ether while also generating income through staking rewards. The product, called ETHB, adds… Continue reading BlackRock doubles down on crypto with Ethereum staking ETF launch

US stocks crash at open: Dow slips 500 points, S&P down 1%

US stocks declined Thursday as oil prices extended their rally amid escalating conflict involving Iran and growing concerns about disruptions to global energy supplies. The Dow Jones Industrial Average dropped 547 points, or 1.2%. The S&P 500 fell around 1%, while the Nasdaq Composite declined 0.9%. The market weakness came as crude oil continued to… Continue reading US stocks crash at open: Dow slips 500 points, S&P down 1%