Oracle ORCL shares fell more than 3.5% on Monday after CLSA initiated coverage with a Hold rating, warning that the software company could require as much as $500 billion in capital to support its artificial intelligence cloud expansion through 2030. The brokerage said Oracle’s internal cash generation would be sufficient to fund only around one-fifth
Shares of Archer Aviation ACHR surged more than 18% on Monday after the electric vertical takeoff and landing (eVTOL) aircraft maker unveiled a new autonomous aircraft platform developed jointly with defense technology company Anduril Industries, marking a major expansion beyond its core urban air mobility business. The companies introduced a dual-use hybrid-electric vertical lift platform
MarketAxess stock has been in a steep decline this year and is now hovering near its lowest level in more than a decade. Shares were trading at $114.24 on Monday, down 81% from their all-time high, wiping out much of the company’s value as its market capitalization plunged from more than $21 billion to about
Nvidia (NVDA) stock traded modestly higher on Monday, but investor attention is increasingly shifting toward the upcoming earnings season, where major technology companies are expected to provide fresh updates on artificial intelligence spending. Shares of the AI chipmaker rose 0.93% to $204.69 on Monday, although the gain trailed the 1.8% advance in the PHLX Semiconductor
Alphabet (GOOGL) shares climbed about 3% on Monday after a report said Google is developing a new AI server chip designed specifically to run its Gemini models more efficiently. According to The Information, the chip, internally codenamed “Frozen v2,” would permanently embed parts of Gemini’s architecture into the silicon. The design is intended to reduce
UK stocks closed lower on Monday as investors weighed continued geopolitical tensions in the Middle East alongside the appointment of Andy Burnham as the United Kingdom’s new prime minister and the formation of his cabinet. The FTSE 100 declined 0.7%, marking its biggest one-day fall in about two weeks. The FTSE 250 slipped 0.3%, while
US stocks ended mixed on Monday as investors balanced hopes of easing in the US-Iran conflict against uncertainty ahead of a crucial week of corporate earnings. While semiconductor stocks rebounded from last week’s selloff, broader market sentiment remained cautious. The Dow Jones Industrial Average fell 297 points, or 0.57%, to close at 51,848.96. The S&P
Crude oil prices continued rising on Hyperliquid as investors reacted to the ongoing escalation between the US and Iran. Brent jumped to $88.7, with its 24-hour volume soaring to $59 million. West Texas Intermediate (WTI), the US benchmark, rose to $83.62, with the volume rising to $111.2 million. Crude oil prices jump on US-Iran war
Tesla stock dropped to a crucial support level on Friday as traders waited for the upcoming earnings. It also retreated as Xpeng, a top Chinese rival, hinted that it was about to launch a new Model Y killer. TSLA dropped to $380, down by over 23% from its highest point this year. Xpeng hints of
Alphabet shares fell on Friday, extending losses from the previous session after a report suggested Google’s flagship Gemini 3.5 Pro artificial intelligence model is running behind schedule. Alphabet GOOGL stock declined about 2% on Friday after falling roughly 4% on Thursday following the report. The weakness came despite continued bullish views from several Wall Street