The latest market news & Insights
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
Tesla Stock Falls 1.2% Toward Worst Month in Over a Year
Tesla has faced a tough week and an even tougher month. Shares dropped 1.2% early Friday, adding to a decline that has left the stock down 8.5% this week and 15% so far in June. This puts Tesla on track for its worst monthly performance since February 2025. The drop is due to a federal […]
Moderna Stock Surges 14% to Lead S&P 500 on In Vivo CAR-T Program Reveal
On Friday, Moderna shares rose 14%, reaching their highest level since September 2024 and topping the S&P 500. The jump was driven by a surprise announcement at Moderna’s investor day, not by a general shift from tech to biopharma. Here’s what the company shared and why this pipeline update is making analysts rethink Moderna’s future […]
Micron Stock Falls 5% as South Korean Memory Giants Reverse Thursday’s Gains.
Micron shares are losing some of Thursday’s 16% post-earnings jump. The stock fell 5% in premarket trading Friday after SK Hynix dropped 8.4% and Samsung fell 5.3% in South Korea. These declines pulled the KOSPI index down as much as 8% before regulators stopped trading. The index later recovered somewhat, ending the day down 5.8%. […]
Palantir Stock Set to Break Seven-Day Losing Streak as ARK Buys the Dip
Palantir shares are moving up in premarket trading on Friday after hitting a 52-week low on Thursday. Cathie Wood’s ARK Invest bought shares during the recent selloff. The stock rose 0.8% to $108.12 before the market opened, which could end its longest losing streak of 2026. Here’s a look at the recent losses and who […]
Oracle and CoreWeave Fall as OpenAI IPO Delay Report Rattles AI Stocks
Tech stocks fell on Friday after the New York Times reported that OpenAI is likely to delay its public offering until 2027, according to three people familiar with the situation. Oracle shares dropped 1.5%, CoreWeave fell 1.9%, and SoftBank, listed in Tokyo, closed 13% lower in Asian trading. These companies have the most financial exposure […]
Apple Stock Falls 5.2% as MacBook and iPad Price Hikes Signal Margin Pressure
Apple raised prices on its MacBooks and iPads on Thursday, and investors reacted negatively. The stock fell 5.2% to $277.89, its biggest one-day drop since April 4, 2025, and the worst showing in the Dow Jones Industrial Average that day. Price hikes ranged from $100 to $300 across different models. This rare mid-cycle increase shows […]
Palantir Stock Falls to Near 12-Month Low in Seventh Straight Losing Session
Palantir shares fell 5.2% on Thursday to $107.53, approaching their lowest close since April 24, 2025. The company has now seen its stock drop for seven sessions in a row. Since last Tuesday, the stock is down nearly 20%, and it has lost 31% this month. This puts Palantir on pace for its worst monthly […]
IBM Unveils World’s First Sub-1-Nanometer Chip Prototype: What It Means for AI
IBM’s research team has created the world’s first chip with technology below one nanometer, using a transistor design at the 0.7 nanometer level. This puts IBM at the leading edge of semiconductor development, as the AI hardware industry works to fit more power into smaller chips while using less energy. Despite the announcement, IBM’s stock […]
Qualcomm Stock Surges 5.3% After Revealing Meta as Mystery Data Center Customer
Qualcomm has spent months preparing for this announcement, and it paid off. The company’s shares jumped 5.3% in early trading Thursday after it named Meta Platforms as the customer for its new Dragonfly C1000 data center CPU. Qualcomm also nearly doubled its non-handset revenue target to $40 billion by fiscal 2029. These updates were shared […]
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