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Investors are bailing on Datavault AI (DVLT) this morning mostly because the company’s outsized 443% year-over-year increase in Q1 revenue came in sharply below the Street estimates. DVLT ended its…
US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued momentum in artificial intelligence-linked semiconductor stocks despite…
Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing restrictions on chip sales to China, and…
Shares of Starbucks (SBUX) climbed to a new 52-week high on Thursday after TD Cowen upgraded the coffee chain, citing confidence that the company’s turnaround strategy and operational changes could…
US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence. ING Economics said the figures highlight the ability of consumers…
Marvell Technology Inc (MRVL) printed a new 52-week high this morning as Cisco Systems’ solid Q3 earnings boosted sentiment across the entire semiconductor ecosystem. Investors are cheering MRVL also because…
Tesla stock (TSLA) traded choppily on Thursday as investors continued to focus on the company’s autonomous driving ambitions in China and the potential for broader artificial intelligence monetization. The stock…
Shares of Alibaba Group fell more than 2.5% in premarket trading on Wednesday after the Chinese technology giant reported mixed quarterly results, with revenue growth supported by artificial intelligence demand…
The stock of Micron Technology has been on a stunning rally over the last year, with its share price surging by more than 720% during the period, but Bank of…
