Navitas stock is falling 9% today: what’s spooking investors?

Navitas Semiconductor stock (NASDAQ: NVTS) fell sharply in pre-market trading on Wednesday after Wolfspeed accused the company of infringing patents across several core power-chip product lines. The development adds a legal overhang to one of the market’s more volatile AI-linked semiconductor trades. NVTS was trading around $13.99, down about 8.2%, while some live feeds showed… Continue reading Navitas stock is falling 9% today: what’s spooking investors?

MediaFuse launches TechnologyWire for tech-focused press release distribution

MediaFuse, the company behind PR distribution platforms including Chainwire, CyberNewsWire, GamingWire, and FinanceWire, has announced the launch of TechnologyWire, a press release distribution platform focused on technology companies and startups. TechnologyWire distributes press releases to a network of technology-focused publications, where content is published on the homepage or category pages. According to MediaFuse, the platform… Continue reading MediaFuse launches TechnologyWire for tech-focused press release distribution

Oracle’s record backlog is booming, so why is the stock down 50%?

Oracle has the kind of AI backlog most software companies would envy, but Wall Street is no longer rewarding backlog alone. ORCL is under pressure as investors are also focusing on customer concentration, required capital spending and the timeline for converting Oracle’s backlog into cash flow. That is why Oracle’s record $638 billion in remaining… Continue reading Oracle’s record backlog is booming, so why is the stock down 50%?

Apple price hikes unlikely to hurt demand, JPMorgan says as it raises PT

Recent price increases for Apple’s Mac and iPad devices and any potential hikes in iPhone prices are unlikely to significantly dampen consumer demand, according to JPMorgan, which has raised its price target on the iPhone maker and reiterated its Buy rating. Analyst Samik Chatterjee said several positive catalysts could help Apple’s revenue and earnings outperform… Continue reading Apple price hikes unlikely to hurt demand, JPMorgan says as it raises PT

South Korean shares erase early gains, slump 5.2% as AI-driven chip selloff deepens

South Korean shares fell sharply for a third consecutive session on Wednesday, with heavy losses in semiconductor stocks and growing concerns over AI-related valuations dragging the benchmark index into bear market territory. The sharp decline followed an early rebound in the session. Samsung Electronics rose as much as 1.4% during morning trading, while SK Hynix… Continue reading South Korean shares erase early gains, slump 5.2% as AI-driven chip selloff deepens

JPMorgan says Tesla-SpaceX merger idea has logic: is TSLA a buy now?

Tesla stock (NASDAQ: TSLA) remained under pressure as Wall Street debated whether a future tie-up with SpaceX could reshape the company’s valuation story. TSLA closed around $402.90, down over 4% on Tuesday and was red in pre-market trading on Wednesday. The downward push came despite recent delivery data improving sentiment around the electric-vehicle maker. The… Continue reading JPMorgan says Tesla-SpaceX merger idea has logic: is TSLA a buy now?

KOSPI rebound puts Samsung, SK Hynix back in focus after brutal chip rout

The KOSPI’s rebound on Wednesday showed that investors are not ready to walk away from South Korea’s chip trade, even after a bruising selloff. Samsung Electronics and SK Hynix both recovered from early losses as bargain hunters returned to memory-chip names, betting that AI demand and tight supply still support earnings. The move came after… Continue reading KOSPI rebound puts Samsung, SK Hynix back in focus after brutal chip rout

3 Asian stocks analysts say could lead the July 2026 rally

Asia’s stock rally is becoming more selective as July begins. Investors are no longer buying every technology or AI-linked name blindly, especially after Samsung’s record profit guidance failed to stop a sharp chip-sector sell-off. Samsung shares fell 6.9% on Tuesday, as investors looked worried about AI stocks running too far. That makes the next phase… Continue reading 3 Asian stocks analysts say could lead the July 2026 rally

Dow falls from record high as AI chip selloff drags Wall Street lower

The Dow Jones Industrial Average retreated from record levels on Tuesday as a renewed selloff in artificial intelligence-linked semiconductor stocks outweighed gains in defensive sectors, while rising oil prices added to investor caution. The Dow fell 131 points, or 0.3%, after reaching a fresh intraday record earlier in the session. The S&P 500 declined 0.5%,… Continue reading Dow falls from record high as AI chip selloff drags Wall Street lower