Nvidia (NVDA) shares rose over 3% on Wednesday as investors looked ahead to Alphabet’s quarterly earnings for fresh insight into artificial intelligence spending, a key driver of demand for the chipmaker’s processors. The gains followed a 2% rally on Tuesday that lifted the broader semiconductor sector. Advanced Micro Devices and Broadcom also traded about 2%
SpaceX (SPCX) shares remain in focus after Elon Musk issued a pointed warning to those betting against his space infrastructure and artificial intelligence (AI) company. In his latest post on X, the billionaire wrote: “Survival probability of firms who maintain significant short position in SPCX over time is very low.” Musk’s comment arrives at a
Dell Technologies Inc. (DELL) shares moved 9% higher on Wednesday after Super Micro Computer released a stronger-than-expected preliminary update that reinforced expectations for continued spending on artificial intelligence infrastructure. The rally followed Super Micro’s announcement that it received more than $60 billion in new orders during its fiscal fourth quarter, driving its order backlog to
Global markets remained focused on four major developments on Wednesday, as the US and Iran signaled no immediate return to negotiations amid escalating military action. AMD and Anthropic reportedly reached a multibillion-dollar AI infrastructure agreement centered on next-generation chips. Gold climbed to a two-week high as a weaker dollar offset concerns over higher oil prices.
Palantir Technologies Inc. (PLTR) shares fell on Wednesday as investors weighed fresh regulatory scrutiny surrounding the company’s UK National Health Service (NHS) Federated Data Platform (FDP) contract alongside growing concerns over emerging competition ahead of its upcoming earnings report. The decline comes as the UK’s Office for Statistics Regulation (OSR) addressed concerns over how NHS
US stocks closed mixed on Wednesday as rising oil prices and caution ahead of a key batch of corporate earnings weighed on investor sentiment. Investors also continued to monitor developments in the Middle East and reassess expectations for Federal Reserve interest rates. The S&P 500 fell 0.1%, while the Nasdaq Composite declined 0.6%. The Dow
Alphabet Inc. reported second-quarter results that exceeded Wall Street expectations on earnings and revenue, driven by strong cloud growth, although its search advertising business narrowly missed analyst estimates. The Google parent posted cloud revenue of $24.77 billion for the quarter ended June 30, an 82% increase from a year earlier and ahead of Bloomberg-compiled analyst
Sui (SUI) has started the week on a stronger footing after extending its recent recovery, with traders closely watching whether the token can clear a major technical barrier. The latest move comes as improving network activity and bullish chart signals begin to align. While the rally has yet to confirm a broader trend reversal, SUI
SpaceX SPCX shares jumped more than 6% on Tuesday, snapping a seven-session losing streak after Macquarie reiterated its bullish stance on the stock, saying the recent correction offers investors an attractive entry point into what it describes as a long-term infrastructure and artificial intelligence leader. The rally lifted the stock to around $127, although it
Coinbase Global (COIN) shares are soaring on July 21st due to a combination of corporate updates, regulatory tailwinds, and a bullish macro sentiment. At the core of this rally is the firm’s international push for the “Everything Exchange”, which aims to unify spot trading, derivatives, staking, and on‑chain settlement into a single globally scalable platform.