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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
Alphabet Stock Falls Again as DeepMind Loses Nobel Prize Winner to Anthropic
Alphabet shares are falling for a second day as investors react to John Jumper leaving Google DeepMind. On Monday, the stock dropped 5% to $349.56, marking Alphabet’s biggest one-day percentage loss in over a year and wiping out about $225 billion in market value, according to Dow Jones Market Data. This was the largest single-day […]
Micron Stock Falls 8.9% as South Korean Memory Giants Tumble in KOSPI Selloff
A tough trading day in South Korea is raising concerns for U.S. chip investors. On Tuesday, SK Hynix and Samsung Electronics both dropped more than 12% as the KOSPI index fell 10%. Even with this sharp decline, the index is still up 95% for 2026. Before U.S. markets opened, Micron shares were down 8.9%, and […]
Qualcomm Stock Drops 5% Ahead of Investor Day as AI Acquisition Talks Emerge
Qualcomm shares are down on Tuesday before one of the year’s most anticipated investor days in the chip industry. The stock was set to open 5% lower in premarket trading as a broader tech selloff hit the markets, trimming some of its 72% gain from the past three months. A possible acquisition and Wednesday’s investor […]
Salesforce Stock Hits 14-Day Losing Streak as AI Fears Deepen
Salesforce just set a new record, but not the kind it wants. On Monday, shares dropped 1.8%, marking 14 straight days of losses, the longest losing streak in the company’s history. The stock is down 44% this year and nearly 30% since its last positive close on June 1. Here’s what’s behind the ongoing selloff, […]
Chevron Signs 20-Year Microsoft Gas Deal to Power AI Data Centers in Texas
Chevron is taking its biggest step so far into AI infrastructure. On Monday, the company said it will build 2.67 gigawatts of natural gas power in West Texas to supply electricity directly to Microsoft’s data centers at the same location, under a 20-year contract. After the news, Chevron’s stock rose 0.1%, while Microsoft’s fell 2.1% […]
Medtronic Stock Looks Undervalued as Innovation Cycle Gains Momentum
Medtronic has challenged investors’ patience for a long time, but recent results show a real change. Revenue jumped 9.9% in the fourth quarter to $9.7 billion, pushing full-year growth to 8.4%. That’s the best annual sales increase in ten years. Even so, the stock is still priced much lower than its peers and its own […]
Alphabet Stock Falls 6.2% as Nobel Prize Winner Leaves DeepMind for Anthropic
Alphabet is losing another top AI researcher, and this time the market is reacting even more strongly. Shares dropped 6.2% on Monday, marking the biggest single-day decline in over a year. The selloff came after John Jumper announced on Friday that he is leaving Google DeepMind for Anthropic, after about nine years at the company. […]
Micron Stock Rises 3.7% as Memory Chip Boom Extends Into 2027
Micron shares rose 3.7% in premarket trading on Monday after closing at a record $1,133.99 on Thursday. Analysts believe the memory chip boom will continue, even with some new risks. In South Korea, SK Hynix gained 5.6% and passed Samsung Electronics to become the country’s most valuable company. Below is a look at recent research […]
AbbVie Stock Ticks Up as $10.9B Apogee Deal Reinforces Immunology Dominance
AbbVie is focusing even more on what it does best. On Monday, the company said it will buy Apogee Therapeutics for $135.11 per share in cash, a deal worth $10.9 billion. Both companies’ boards have approved the deal, which should close in the third quarter. After the news, Apogee shares jumped 47% to $132.94 in […]
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