General Motors stock has retreated in recent days, falling from its year-to-date high of $87 in February to about $76 today. The pullback could continue in the near term after the stock formed a bearish double-top pattern ahead of its second-quarter earnings report. General Motors to publish earnings on July 21 GM stock will be
Advanced Micro Devices (AMD) stock is pushing higher on Monday morning after the chipmaker announced a major, full-stack expansion of its strategic partnership with Microsoft (MSFT). The centerpiece of the new deal is MSFT committing to deploy AMD Helios Rackscale Solution “at scale” within its Azure cloud infrastructure. AMD shares have been a blockbuster investment
Wall Street’s biggest banks are proving that even geopolitical uncertainty and volatile markets can be highly profitable when trading desks stay busy and artificial intelligence fuels an unprecedented wave of capital raising. The six largest US banks generated a combined $55 billion in second-quarter profits, comfortably exceeding analysts’ expectations as market volatility, record AI-related fundraising
As the second-quarter earnings season of 2026 approaches its most critical stretch, the global equity market finds itself at a pivotal crossroads. For over two years, a relentless, AI-driven bull run has propelled mega-cap technology valuations to historically elevated levels. However, the narrative on trading desks has undergone a fundamental shift. The era of rewarding
Wall Street’s main indexes opened lower on Friday as investors continued to pull back from semiconductor stocks, extending a broader reassessment of the artificial intelligence-driven rally that had powered markets to record highs earlier this year. The Dow Jones Industrial Average fell about 486 points, or 0.9%, while the S&P 500 lost 1.1%. The Nasdaq
Bloom Energy stock is moving from bad to worse as it crashed to $206, its lowest level since April last year. BE has slumped by over 40% from its all-time high as concerns about its valuation and the data center industry remained. This retreat has seen its market capitalization fall from $98.7 billion to $58
SanDisk stock has continued its weakness this week, falling to its lowest level since May 22. It has dropped by 35% from its highest level this year. Still, top analysts tracking the company have maintained a bullish outlook, pointing to its strong growth. Many analysts are bullish on the SanDisk stock Top analysts covering SanDisk
Micron stock has plunged since reaching a record high of $1,255 on June 25. Shares have fallen about 30%, mirroring the sharp declines seen across the memory chip sector, including industry leaders Samsung and SK Hynix. So, has Micron reached its peak, or is this pullback a golden buying opportunity? Micron stock is falling despite
US stocks opened higher on Wednesday after investors responded to another softer-than-expected inflation report and a fresh round of corporate earnings. Chip stocks fell even after upbeat guidance from ASML. The Dow Jones Industrial Average added roughly 148 points, or 0.28%. The S&P 500 rose 0.47%, while the Nasdaq Composite gained about 0.67%. The gains
Alibaba’s US-listed shares rose more than 6% on Wednesday after the Chinese technology giant confirmed that its Qwen artificial intelligence model will power Apple Intelligence features for users in China. This marks a major milestone in Apple’s long-delayed AI rollout in the country. Apple shares also gained about 1.8%, while Baidu’s US-listed stock climbed roughly