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
Oklo Stock Rises 3.5% on Regulatory Milestone, but 2026 Slump Persists.
On Thursday, Oklo passed an important regulatory step, but the nuclear start-up still faces challenges in winning over investors who doubt its timeline and valuation. The stock rose 3.5% after the Energy Department approved the preliminary safety analysis for Oklo’s Aurora reactor at Idaho National Laboratory, which covers safety controls, design, and hazard management. Here’s […]
Micron Stock Falls 4%, But June 24 Earnings Could Reignite the Rally
Micron shares are falling again, but there may be a turning point soon. The stock dropped 4% in premarket trading on Wednesday, adding to a 13% loss over the last five sessions as investors move away from semiconductor stocks, which is putting pressure on the memory chip sector. Even with these recent losses, Micron is […]
Applied Digital Stock Falls 5.7% Despite Signing $5.2B Hyperscaler Lease
Applied Digital just signed one of its biggest contracts ever, but the stock still dropped. Shares fell 5.7% after the company announced a 15-year lease with an unnamed U.S. investment-grade hyperscaler for 210 megawatts at a new AI campus, which is set to start operating in 2028. A widespread tech stock selloff on Tuesday overshadowed […]
Chewy Stock Jumps 7.4% on Results That Simply Avoided the Worst Case
Chewy’s results on Wednesday didn’t wow investors, but they also didn’t disappoint. That was enough for shares to jump 7.4% in premarket trading. The pet supplies retailer reported first-quarter results that met expectations, avoiding the drop in demand some investors feared after the CEO’s recent cautious comments. Here’s what the numbers showed and why a […]
Old Dominion Falls 7% as Amazon Opens LTL Shipping to All Customers
Amazon is shaking up another industry, and shipping stocks are feeling the impact. Old Dominion Freight Line dropped 7% in premarket trading, FedEx Freight fell about 6%, and XPO slipped around 5% after Amazon said it would open its less-than-truckload freight service to all business customers. This service was previously available only to Amazon’s own […]
Oracle and Microsoft Both Fall as OpenAI IPO Filing Creates More Risk Than Reward
OpenAI’s confidential IPO filing was expected to benefit its main partners, but the market reacted differently. Oracle’s stock dropped about 2.2%, and Microsoft’s fell 5.1% by midday Tuesday. This shows that the two companies have very different stakes in OpenAI’s public debut. Here’s why Oracle needs the IPO to go well, and why Microsoft’s situation […]
SpaceX IPO: What to Expect When Trading Begins Friday
SpaceX is days away from its market debut, and the question everyone is asking is how much the stock will pop and what happens next. The short answer is that no one knows for certain, but there are data points that make an informed estimate possible. Here is what history says about IPO pops at […]
Alibaba Stock Faces Bigger Threats Than the Pentagon’s China List
The Pentagon’s addition of Alibaba to its list of Chinese military companies rattled investors for less than a day. American depositary receipts fell 0.8% on Monday and recovered 1.5% on Tuesday, a muted round trip that signals the market is not treating the designation as a fundamental threat. The real problems for Alibaba are elsewhere. […]
Micron Stock Climbs 4.3% as Wall Street Calls AI Selloff a Buying Opportunity
Micron is recovering from last week’s losses, and analysts say the recent dip was just a temporary setback. Shares rose 4.3% in premarket trading on Tuesday, building on a 9.9% jump the day before, as investors returned to memory chip stocks after a sharp AI-related selloff. Here’s what caused the initial drop, why analysts think […]
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