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IBM Shares Fall as CEO Doubles Down on Quantum While Market Stays Skeptical
At New York Tech Week on Tuesday, IBM’s CEO made his strongest argument so far that quantum computing is real, ready for business, and closer than most people think. Even as Arvind Krishna called quantum the next step after CPUs and GPUs and promised a $10 billion investment over five years, IBM shares dropped along […]
Market Insights
OpenAI Weighs 5% U.S. Government Stake Ahead of Blockbuster IPO
OpenAI has held discussions about offering the U.S. government a 5% ownership stake, potentially structured through a sovereign wealth fund, according to a Financial Times report citing people familiar with the matter. The ChatGPT maker did not immediately respond to a request for comment. The move would add Washington to an already formidable roster of […]
Tesla Deliveries Loom as Investors Bet on Second Straight Quarterly Gain
Tesla is poised to report second-quarter delivery figures Thursday morning, capping a period marked by geopolitical conflict, a spike in oil prices, and continued fallout from shifting U.S. electric-vehicle policy. The automaker’s shares have rallied sharply ahead of the report, a signal that investors anticipate a strong outcome. Even so, forecasts vary widely enough that […]
Nvidia Stock Trails Chip Peers in First Half as Competition Broadens
Nvidia shares rose 0.4% to $195.75 in premarket trading on Tuesday, ending a first half that trailed the broader semiconductor sector. The stock is up 4.5% for the year through Monday, much less than the PHLX Semiconductor Index’s 94% gain over the same period. Here’s a look at why Nvidia has underperformed and what investors […]
Micron Stock Levels Off After Best Quarter Ever as Analysts Eye More Upside
Micron shares were mostly unchanged or slightly down early Tuesday, taking a break after a record quarter that pushed the stock up 232% this quarter and more than four times higher in 2026 so far. Shares slipped 0.3% to $1,141.51 in premarket trading. Analysts still see reasons for the rally to continue, even after such […]
Super Micro Stock Tumbles 8% on Chip Smuggling Raid, Lifting Rival Dell
Super Micro Computer shares dropped 8% on Monday to $28.15 after Taiwanese investigators searched the AI server maker’s offices as part of a probe into alleged smuggling of Nvidia chips to China. The stock has now fallen for five days in a row, losing 21% during that time. Meanwhile, Dell shares rose 3.8% on the […]
SpaceX Mobile Phone Plans Rattle Telecoms: Verizon, AT&T, T-Mobile All Fall
SpaceX could soon enter the consumer mobile phone market, and telecom companies are taking the threat seriously. On Monday, Verizon shares dropped 6.5%, AT&T fell 4.9%, and T-Mobile lost 4.6%, making them some of the S&P 500’s worst performers. Two reports released Friday triggered the sell-off and suggest that competition from Elon Musk’s company may […]
Nvidia Stock Rises 1.4% as Major Indonesia Data Center Deal Signals Demand Strength
Nvidia shares are recovering on Monday after dropping 7.7% over the last five sessions and falling below the $200 support level for the first time since April. The stock rose 1.4% to $195.22 in early trading, helped by news of a major data center deal, indicating demand for Nvidia’s chips remains strong despite the recent […]
Zymeworks Acquires Theravance for $929M, but Both Stocks Slide on the Deal
On Monday, Zymeworks announced it will buy Theravance Biopharma for about $929 million, or $17 per share in cash. Investors in both companies reacted with skepticism. Theravance shares dropped 2.7% to $17.14 in premarket trading, and Zymeworks fell 5.6%. Here’s a look at what each company gains from the deal and why investors are not […]
Alphabet Stock Rises 1.2% on Dow Debut as AI Demand Caps Signal Model Strength
Alphabet is set to join the Dow Jones Industrial Average on Monday, but its stock is climbing for reasons beyond this change. Shares rose 1.2% in premarket trading as the Magnificent Seven group rebounded. A separate report showed that demand for Google’s AI computing power is so high that it has had to limit usage […]
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