Here’s why Intuitive Machines, Virgin Galactic, Rocket Lab stocks are falling
Top space stocks are in a freefall this week, with Virgin Galactic (NYSE: SPCE) falling to $4.25, its lowest level since May 28. It has slumped by over 53% from…
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Dow jumps 500 points as Broadcom selloff drags Nasdaq lower
US stocks opened lower on Thursday as a sharp selloff in semiconductor shares following Broadcom’s quarterly results weighed on investor sentiment. Markets were also closely watching rising geopolitical tensions in…
Trafigura delivers record half-year profit, dividend amid global tensions
Trafigura Group delivered a strong financial performance in the first half of its 2026 financial year, posting a net profit of $4.1 billion despite challenging global conditions marked by geopolitical…
Why Nvidia stock is outperforming AI peers today
Nvidia (NVDA) shares edged lower on Thursday but held up considerably better than many semiconductor peers as investors digested a sharp sector-wide selloff triggered by Broadcom’s earnings report. Nvidia stock…
Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
Technology stocks came under heavy pressure on Thursday after Broadcom’s latest outlook failed to satisfy investors who had been betting on an even faster acceleration in artificial intelligence-related demand. Broadcom…
RTX stock rises 4% after Jefferies upgrade, lifts target to $220
Shares of RTX Corp. rose on Thursday after Jefferies upgraded the aerospace and defense company to Buy from Hold and raised its price target to $220 from $210. The Wall…
Trump administration cites forced labor concerns as grounds for new tariffs
The Trump administration has proposed new tariffs of up to 12.5% on imports from 60 economies after determining they had failed to curb trade in goods made with forced labor,…
Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run
Growing up in South Florida, Jozy Altidore heard a lot of Spanish playing soccer with local kids and at home from his Dominican grandmother. As a teenager, he went to…
What does the proposed tariff mean for the India-US trade pact?
The United States has proposed an additional 12.5% tariff on imports from India. The move comes as part of ongoing trade discussions in New Delhi between Indian officials and a…