Advanced Micro Devices (NASDAQ: AMD) shares fell 1.19% on Friday even as investors looked ahead to the chipmaker’s Advancing AI 2026 event next week in San Francisco. Analysts expect the company to unveil new artificial intelligence products, customer wins, and long-term growth plans in the event. The event marks AMD’s first dedicated AI showcase since
On Friday, Chinese AI startup Moonshot sparked a fresh selloff in global semiconductor stocks after unveiling its latest Kimi K3 model. Apple reclaimed its position as the world’s most valuable publicly traded company briefly before Nvidia went back to the top place. Meanwhile, oil prices surged as the US and Iran intensified military attacks
Microsoft (NASDAQ: MSFT) shares fell 1.5% on Friday, extending a difficult year for the software giant as investors continued to weigh heavy artificial intelligence spending against the company’s long-term growth prospects. The stock has declined more than 20% in 2026 and nearly 23% over the past year, even as Microsoft has continued investing aggressively in
US stocks closed lower on Friday, capping a weak week for Wall Street as a deepening selloff in semiconductor stocks and renewed concerns over artificial intelligence spending weighed on investor sentiment. The decline came despite a strong start to the second-quarter earnings season, with rising geopolitical tensions in the Middle East adding to market uncertainty.
London’s FTSE 100 traded lower on Thursday as escalating tensions between the United States and Iran weighed on investor sentiment, while losses in technology stocks added further pressure to the blue-chip index. The FTSE 100 declined 0.2% to 10,492.99 points by 1038 GMT as investors adopted a cautious approach amid rising geopolitical uncertainty. Iran tensions
On Monday, the US government transferred approximately $297 million in seized Bitcoin and Ether to Coinbase Prime, a move it occasionally makes. This prompts the same two questions each time: is this merely for safekeeping, or is it a prelude to a sale, and will the government uphold its 16-month-old pledge not to sell confiscated
SpaceX has become one of Wall Street’s biggest targets for short sellers just weeks after completing the largest initial public offering in history, as investors increasingly bet that the Elon Musk-led company’s blockbuster valuation could come under pressure. The stock briefly slipped below its $135 IPO price on Wednesday before recovering to close at $135.27,
Salesforce stock has plunged by more than 50% from its December 2024 peak as concerns about its growth outlook have intensified. Its market capitalization has fallen from more than $347 billion to about $136 billion, and the selloff could continue as investors remain concerned about the company’s strategy and long-term growth prospects. Salesforce stock has
Binance Coin (BNB) is back in focus after a series of developments strengthened interest in the Binance ecosystem while technical indicators pointed to a possible trend reversal. At the time of writing, BNB was trading at $577.34, leaving it within striking distance of the next major technical hurdle. Bullish chart pattern puts $647 in focus
The technology sector has done well in the past decade, with the Nasdaq 100 Index beating its top peers like the S&P 500 and the Dow Jones. This article explores the outcome if one had invested $10,000 in the Invesco QQQ ETF (QQQ), ProShares UltraPro QQQ (TQQQ), and ProShares UltraPro Short QQQ (SQQQ) five years