Rivian stock sinks as dilution fears take center stage
Rivian Automotive Inc (RIVN) is sliding on Tuesday morning after the electric vehicle (EV) maker announced a sizable public offering of about 75 million shares. As sudden dilution fears take…
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Category: Stock
Nvidia stock remains under pressure on Tuesday: what’s hurting the AI darling?
Nvidia stock (NVDA) fell on Tuesday after a report that Chinese artificial intelligence startup DeepSeek is developing its own inference chip added to investor concerns that major AI customers are…
What’s driving US critical minerals stocks higher on Tuesday?
Critical minerals stocks are ripping higher this morning on the back of a powerful macro catalyst: unprecedented direct US military-industrial integration. On July 7th, the US Army said it has…
Broadcom extends Apple chip partnership through 2031, stock climbs 5%
Broadcom Inc. AVGO shares rose 5.3% in trading on Monday after the semiconductor company announced an extension of its long-standing partnership with Apple Inc. through 2031. The agreement reinforces Broadcom’s…
Oracle shares rose as investors reassess AI-driven sell-off
Oracle Corp. (ORCL) shares gained 1.3% on Monday as investors returned to the stock following a sharp, debt-driven sell-off, amid improving broader market sentiment. The recovery also came as broader…
Tesla stock up 3% today after Thursday’s selloff: what’s behind the rebound?
Tesla stock (TSLA) rose on Monday, recovering some of last week’s sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery report. The rebound came as the electric-vehicle…
MU, AMD, other chip stocks gain, but Morgan Stanley sees pivot away from chipmakers
Semiconductor stocks were in the green on Monday, but Morgan Stanley says recent weakness in the category suggests investors are increasingly looking beyond chipmakers and toward a broader set of…
Strategy (MSTR) stock falls as company sells $216M worth of Bitcoin
Strategy MSTR (formerly known as Microstrategy), the largest corporate holder of Bitcoin, disclosed on Monday that it sold 3,588 Bitcoins for approximately $216 million last week. The sale was part…
ZIM stock sinks as Hapag-Lloyd buyout faces major regulatory setback
ZIM Integrated Shipping Services (ZIM) stock is under immense pressure this morning following a massive regulatory roadblock to its highly anticipated buyout. The sell-off even saw ZIM sink below its…