Mateusz Kaczmarek

Mateusz Kaczmarek

Mateusz Kaczmarek is a financial and technology journalist at TS2.tech. His coverage ranges from stocks and artificial intelligence to semiconductors and developments across global markets. He graduated from the Poznań University of Economics and Business and worked in financial analysis before becoming a business journalist. Follow Mateusz Kaczmarek on Google News.

Nasdaq edges lower in after-hours as AI chip fall spurs margin chatter

Nasdaq edges lower in after-hours as AI chip fall spurs margin chatter

U.S. stocks ended lower Tuesday after a volatile session. The Philadelphia SE Semiconductor index tumbled 7.9%, much steeper than the S&P 500, which lost 1.44%. Six of 11 S&P 500 sectors managed gains—consumer staples rose 1.8%. The Nasdaq dropped 2.21%. The Dow edged down 0.09%. On the NYSE, losers beat winners by a narrow 1.31-to-1 margin. Trading focused on recalibrating AI capex. “Some of the news lately about AI raises questions about all the spending that’s being done and the capex and ramping of the capacity for semiconductors,” said Thomas Martin, senior portfolio manager at Globalt.
Cerebras (NASDAQ:CBRS) heads into tighter margin territory post-Q1 beat as AI cloud shifts

Cerebras (NASDAQ:CBRS) heads into tighter margin territory post-Q1 beat as AI cloud shifts

• Cerebras posted first-quarter revenue of $193.4 million, jumping 94%. Cloud and other services brought in 178% more than a year ago.• The company projected core gross margin in the second quarter at 36% to 38%, well under the 46.5% it reported for the first quarter.• Shares last traded at $226.72, up 1.1%. The stock moved in a range of $210.11 to $236.99.
Nasdaq 100 Slides, Tech Stocks Wipe Out $1 Trillion

Nasdaq 100 Slides, Tech Stocks Wipe Out $1 Trillion

Nasdaq 100 was set to lose over $1 trillion in market value Tuesday, with tech stock selling moving from megacaps into chip and memory names, tightening the pressure ahead of the New York open. SpaceX shares slipped too, falling below the $2 trillion mark for the first time since its U.S. debut, Reuters said.
HIVE shares rise after Paraguay AI pilot resets bitcoin miner outlook

HIVE shares rise after Paraguay AI pilot resets bitcoin miner outlook

HIVE Digital Technologies shares surged Monday as the company said Columbia University researchers had validated its Paraguay GPU cluster for AI research. The news gave another sign of HIVE’s move into high-performance computing. HIVE was at $5.12 on Nasdaq, up around 20% from its previous close. More than 54 million shares changed hands during the session.
1 28 29 30 31 32 181