CryptocurrencyFintech
SoFi Stock Moves After Dollar Stablecoin Launches in App
SoFi Technologies shares traded higher Wednesday after the company launched its SoFiUSD stablecoin in its app for close to 15 million members. Investors got…
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Khadija Saeed
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Khadija Saeed
AirlinesNASDAQ:AAL
American Airlines CEO Holds Steady as Fuel Costs Give Stock a Boost
American Airlines Group Inc. stock ticked up about 0.5% to $14.92 on Wednesday. CEO Robert Isom told investors that growth in revenue, premium bookings,…
Stock Market
Ambev Shares Trade Close to 2018 Peaks as Analyst Dispute Heats Up
Ambev shares closed little changed Wednesday, holding close to multi-year highs. Investors balanced a new sell rating from Goldman Sachs with BTG Pactual’s upgrade…
LSE:FLTRNASDAQ:DKNG
DraftKings Stock Jumps As Its Prediction-Market Bet Hits A Critical Test
DraftKings Inc. shares rose 5.3% on Wednesday, bouncing from the prior session’s slide as investors weighed fresh signs that the sports-betting company is pushing…
Artificial IntelligenceEarnings
Salesforce Tops Estimates, But Stock Dips as AI Concerns Return
Salesforce shares edged lower late Wednesday. The company put out a second-quarter revenue outlook that missed what Wall Street was looking for, adding to…
Artificial IntelligenceCloud Computing
Snowflake shares rise on $6 billion AWS deal, driven by AI cloud demand
Snowflake lifted its full-year product revenue outlook Wednesday and inked a $6 billion, five-year cloud infrastructure agreement with Amazon Web Services. That further links…
NASDAQ:SNPSSemiconductors
Synopsys Raises AI-Chip Forecast, but the Stock Still Finds the Weak Spot
Synopsys raised its annual revenue and profit forecast on Wednesday after fiscal second-quarter sales topped expectations, but its shares fell in late trading as…
NYSE:WOLFStock Market
Wolfspeed Stock Just Hit a Wall After Its AI Surge. The Risk Traders Can’t Ignore
Wolfspeed Inc. shares fell hard on Wednesday, sliding 14.3% to $63.00 as a fast-moving AI power-chip rally cooled. The stock swung between $56.55 and…
Artificial IntelligenceNASDAQ:DAL
Dow Jones Closes at Record as Oil Sinks; AI Stocks Pause
The Dow Jones Industrial Average closed at a record high on Wednesday, rising 189.08 points, or 0.37%, to 50,650.76, as investors bought healthcare and…
NASDAQ:INTCNASDAQ:MRVL
Dow Hits Record Close As Wall Street’s AI Rally Loses Its Easy Money Feel
The Dow Jones Industrial Average closed at a record high on Wednesday, helped by healthcare and consumer stocks, while the S&P 500 and Nasdaq…
Artificial IntelligenceNASDAQ:META
Meta Stock Pops as Paid AI Plans Hand Investors a Fresh Growth Story
Meta Platforms shares climbed late Wednesday after the Facebook parent moved deeper into paid subscriptions for Instagram, Facebook, WhatsApp and Meta AI, giving investors…
Artificial IntelligenceData Centers
Cipher Digital Shares Jump Close to All-Time High as Wall Street Watches AI Data-Center Push
Cipher Digital Inc. stock climbed roughly 9.5% to $25.21 late Wednesday on Nasdaq, closing in on a new 52-week high. The run came as…
Artificial IntelligenceEarnings Reports
UiPath Shares Flat Ahead of Earnings, AI Test Set for Thursday
UiPath shares slipped a little Wednesday afternoon, with most investors staying out ahead of the automation software firm’s fiscal Q1 report due after Thursday’s…
AppleArtificial Intelligence
Apple Stock Gets AI Boost Ahead of WWDC
Apple Inc. shares moved higher Wednesday afternoon, building on recent gains. Investors shrugged off Apple’s slower launch in artificial intelligence and kept their attention…
Electric VehiclesNASDAQ:TSLA
Tesla shares move up after rare Europe sales rebound signal
Tesla stock climbed Wednesday after new European industry numbers showed the EV maker pushing its sales rebound in a market where it had slipped,…
NASDAQ:GRABTechnology
Grab Shares in Focus After Banking Move
Grab Holdings shares traded higher Wednesday afternoon in the U.S., building on gains from the last two sessions. Investors shrugged off a lack of…