Stock Research

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%

Adobe heads into its first-quarter earnings report later on Thursday with its stock down roughly 18% so far this year. Amid booming valuations in the AI space, Adobe’s stock below average performance has made the upcoming earnings a test of investor confidence. The company is scheduled to release results after the Wall Street closing bell,… Continue reading Adobe stock down 18% YTD before Q1 earnings: can AI spark rebound?

South Korea is preparing to strengthen oversight of cryptocurrency trading as authorities move closer to implementing a long-delayed tax on digital asset gains. The country’s tax authority plans to deploy artificial intelligence to analyse cryptocurrency transaction data, aiming to identify investment profits and detect possible tax evasion before the new tax regime takes effect. According… Continue reading South Korea turns to AI to track crypto profits ahead of digital asset tax

Shares of Bumble jumped sharply in premarket trading on Thursday after the dating app operator reported stronger-than-expected quarterly results and outlined an artificial intelligence-driven overhaul of its platform aimed at re-engaging younger users. The company’s stock rose about 23% before the opening bell, as investors welcomed signs that Bumble’s turnaround efforts could begin stabilising its… Continue reading Bumble stock jumps 23% after earnings beat, AI revamp plans

CoreWeave stock price remains in a technical bear market after falling from a record high of $186 in June last year to the current $81. This retreat may continue in the near term after forming the highly bearish head-and-shoulders pattern. CoreWeave stock price technical analysis  The daily timeframe chart shows that the CRWV stock price… Continue reading CoreWeave stock price forms dreadful patterns as key risks persist

US stock index futures moved lower on Thursday as a renewed surge in oil prices heightened inflation concerns and forced investors to reassess expectations for interest rate cuts from the Federal Reserve. The decline in futures came after reports of further attacks on oil tankers in the Middle East, which raised fears of escalating supply… Continue reading Dow futures fall as oil nears $100, Iran war fuels inflation fears

Tesla is expanding its presence in the British energy sector after receiving permission to supply electricity directly to homes and businesses across Great Britain. Approval from the UK energy regulator Ofgem allows the company to sell electricity to customers in England, Scotland and Wales. The move reflects a broader push by Elon Musk’s company to… Continue reading Tesla enters UK electricity market with Ofgem power supply approval

Nvidia has quietly transformed itself from the world’s dominant maker of artificial intelligence chips into one of the sector’s most powerful financiers, pouring tens of billions of dollars into startups across the AI ecosystem as it seeks to cement its role at the center of the technology boom. Until February, flush with cash from surging… Continue reading How Nvidia is funding the AI boom with billions in global startups

Fraud cases in the United Kingdom climbed to a record level last year as criminals increasingly used artificial intelligence to scale up scams and take over personal accounts, according to new data from fraud prevention organisation Cifas. Criminals are now operating on an industrial scale, using AI tools and large datasets to impersonate victims and… Continue reading AI-driven fraud surge puts UK mobile banking and online accounts at risk