Artificial Intelligence
Chip stocks took another hit Thursday as investors kept tallying up what the AI wave is costing. The PHLX Semiconductor Index, or SOX, dropped 3.57% on Wednesday. Oracle’s numbers, out after the bell, only…
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Chip stocks took another hit Thursday as investors kept tallying up what the AI wave is costing. The PHLX Semiconductor Index, or SOX, dropped…
FTSE 100 climbs as HSBC, StanChart, Prudential rally The FTSE 100 gained 0.6% to 10,316.05 at 0917 GMT on Thursday, lifted by a rebound…
UiPath Inc. stayed stuck around $10.75 early Thursday as traders weighed the company’s better profits and stock buyback against ongoing questions about its AI-related…
Opendoor Technologies Inc. shares drew attention again Thursday after the company said it will close its India business, with some investors seeing it as…
Keel Infrastructure Corp. shares moved up early Thursday after the company completed a $458 million convertible senior notes deal. The raise, bigger than last…
Micron Technology fell 4.7% to $891.88 on Wednesday as selling hit AI-linked chipmakers. The stock has traded like a top AI bet this year,…
Fermi Inc. shares surged 22.6% to finish at $6.89 on Wednesday. The stock ticked up to $6.91 in early trading Thursday as traders looked…
Marvell Technology, Inc. shares tried to bounce early Thursday after dropping sharply on Wednesday. Investors are watching to see if the upcoming S&P 500…
Oracle shares slipped after the company’s earnings, with investors reacting as the cost of Oracle’s AI plans came into focus. The stock ended the…
Nvidia dropped 3.73% to $200.42 on Wednesday, leading another slide in artificial intelligence stocks. The move did not follow any poor Nvidia earnings report.…
Super Micro Computer shares plummeted 28% to $29.27 on Wednesday after news it plans to raise about $7 billion via equity and equity-linked financing.…
Intel shares slipped Wednesday, with the stock pulled in different directions by a reported Google order and selling in AI chip names. The Google…
Nvidia Corporation shares slid on Wednesday, with chip stocks losing ground as the market shifted from AI demand to what buyers are paying for…
Nasdaq drops 2% as tech, AI names drag stocks lower The Nasdaq Composite slid 2% on Wednesday, sinking as tech and AI shares sold…
Freshworks Inc. shares finished little changed Wednesday, with the stock last quoted around $9.39. That was flat compared to the previous close, even as…
ERock Inc. dropped 12.37% in its NYSE debut Wednesday. The Houston company’s stock closed at $18.84, sliding below its $21.50 IPO price after opening…
