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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
NVIDIA Stock Falls Below $200 as AI Chip Competition Concerns Mount
NVIDIA dropped below its important $200 support level on Thursday, falling 2% in early trading. This came even after a brief premarket rise following Micron’s strong earnings. The stock closed at $199 on Wednesday and has had trouble staying above $200 since it first crossed that mark in April. Here’s a look at what’s affecting […]
Micron Becomes the New AI Chip Champion After Blowout Earnings
Micron just posted quarterly results that could change its standing in the market. The memory chip maker reported third-quarter earnings that matched some of Nvidia’s best periods, with revenue four times higher and gross margins reaching 85%. Shares jumped 19% after the news. Now, the big question is whether Micron can keep this lead and […]
Bio-Techne Stock Jumps 20% After Merck KGaA Agrees to $11.3B Acquisition
Bio-Techne shares jumped 20% to $70.58 in premarket trading on Thursday after Germany’s Merck KGaA said it would buy the life science tools company for $73 per share, which is 24% higher than Wednesday’s closing price. The deal values Bio-Techne at about $11.3 billion and is expected to close later this year or in early […]
SK Hynix to List on Nasdaq in July With $29B Raise: What It Means for Micron
SK Hynix is set to debut on Wall Street, and this move could have a big impact on Micron. The South Korean memory chip maker said on Wednesday that its American depositary receipts will start trading on the Nasdaq Global Select Exchange on July 10. The company aims to raise about $29 billion, which is […]
Wendy’s Stock Jumps 22% as WallStreetBets Targets the Struggling Fast-Food Chain
Wendy’s shares jumped 22% in premarket trading on Wednesday. Over 14 million shares were traded before the market opened, making Wendy’s one of the busiest stocks in the premarket. Now, the main question is whether this rally will continue beyond the first wave of retail buying. There is a real chance for a short squeeze. […]
Micron Stock Drops 13% in Worst Session in Over a Year Ahead of Earnings
Micron just had its worst day in over a year, right before its quarterly earnings report, which is due after the market closes on Wednesday. The stock dropped 13% on Tuesday, ending at $1,054.89. This was its second-biggest percentage drop in the S&P 500 and the largest single-day decline since April 3, 2025, according to […]
NVIDIA Stock Edges Up 0.8% as $200 Support Level Takes Hold
NVIDIA is finding its footing after a tough period, with an important technical level holding steady. The stock rose 0.8% in premarket trading on Wednesday to $201.60, after falling 4.1% on Tuesday during a broader tech selloff. The $200 level is proving to be a solid support, and the stock’s current valuation is drawing more […]
SpaceX Stock Falls Further After $401B Single-Day Market Cap Wipeout
SpaceX shares continued to fall on Tuesday, dropping another 4% to $148.39 in premarket trading. This followed Monday’s 16% plunge, which erased about $401 billion in market value, the second-largest single-day loss for a U.S. company, according to Dow Jones Market Data. Nasdaq 100 futures were also down 2.5%, indicating that the broader tech sell-off […]
Nvidia, AMD, and Broadcom Fall as Tech Selloff Reaches Chip Stocks
Semiconductor stocks are now feeling the effects of the broader technology selloff. On Tuesday, NVIDIA dropped 2.8% in premarket trading to $202.87. Advanced Micro Devices fell 5.6%, and Broadcom was down 3.8% as investors moved away from high-growth tech stocks. Here’s a look at what’s behind these moves and why Nvidia is performing better than […]
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