Wall Street opened higher on Wednesday as investors extended a technology-driven rally fueled by artificial intelligence optimism, while also monitoring fragile diplomatic developments between the United States and Iran. The S&P 500 and the Nasdaq Composite climbed nearly 0.07%. The Dow Jones Industrial Average gained roughly 147 points. The gains followed another record-setting session for
Broadcom (NASDAQ: AVGO) stock has moved sideways in the past month as the recent bullish momentum faded. This consolidation may be calm before the storm as it has formed a bullish flag pattern ahead of its quarterly earnings on June 3. Broadcom stock has formed a giant bullish flag pattern The daily chart shows that
Virgin Galactic (NYSE: SPCE) stock price has gone parabolic this month, reaching its highest point since December last year. SPCE shares have jumped by 65% from their lowest level this year. So, will the stock continue rising as short interest jumps? Virgin Galactic has soared ahead of the SpaceX IPO The SPCE stock price has
Tilray Brands (NASDAQ: TLRY) stock price has plummeted this year, and is now hovering at its lowest level since July last year. It has plunged by 76% from its highest point last year, meaning that a $10,000 investment at its peak would be about $2,100 today. Tilray Brands is facing major headwinds as core business
Oobit, the global crypto payments app backed by Tether, has integrated the Arbitrum network into its payments infrastructure, expanding its push to make stablecoin spending easier at mainstream merchants. The move connects Arbitrum users with Oobit’s payment rails, allowing them to transact at more than 150 million Visa-accepting merchants across over 200 countries. For Oobit,
Shares of Salesforce (CRM) gained 2% ahead of the company’s first-quarter earnings report on Wednesday afternoon. Investors are looking for signs that the software giant can stabilize growth and address mounting concerns over how artificial intelligence could reshape the enterprise software industry. The stock has fallen roughly 34% over the past year even as the
Shares of Nvidia (NVDA) remained under pressure on Wednesday, extending recent losses despite blockbuster earnings and an aggressive long-term expansion plan tied to Taiwan’s semiconductor ecosystem. The stock fell around 2% to roughly $211.26 in early trading after closing lower Tuesday for its third consecutive losing session. The weakness came even after Nvidia once again
Micron Technology stock remains in a bull market, making it one of the top-performing companies in the United States. MU has jumped by 155% this year, making it the fifth-best-performing company in the S&P 500 Index after Sandisk (SNDK), Intel (INTC), Seagate Technology (STX), and Western Digital (WDC). Micron stock is still cheap despite the
US stocks moved higher on Tuesday as investors returned from the Memorial Day holiday weekend. Optimism around artificial intelligence-driven technology stocks helped offset ongoing geopolitical uncertainty tied to Iran and the broader Middle East conflict. The Dow Jones Industrial Average rose roughly 92 points, or 0.18%, while the S&P 500 gained about 0.54%. Nasdaq Composite
Top space-related stocks are in a strong bull run this year, helped by the elevated demand from retail and institutional investors. Planet Labs (NASDAQ: PL), Rocket Lab (NASDAQ: RKLB), and Intuitive Machines (NASDAQ: LUNR) have all jumped by either double or triple digits this year. RKLB, PL, and LUNR have jumped ahead of the SpaceX