Last week, tech stocks, including quantum computing companies, took a hit following comments by NVIDIA CEO Jensen Huang. He suggested that the timeline for AI and quantum computing breakthroughs might take longer than expected, leading to a significant drop in stock...
Quantum computing stocks took a sharp dive Wednesday, with Rigetti Computing (RGTI) down 47% in mid-day trading following a bullish run last week. The sell-off was sparked by comments from Nvidia (NVDA) CEO Jensen Huang, who cast doubt on the immediate potential of...
Aurora Innovation (AUR), a leader in autonomous trucking, experienced a dramatic surge in its stock price, rising over 30% by 11 am EST after announcing a strategic partnership with Nvidia (NVDA) to scale the deployment of self-driving trucks. The deal, unveiled at...
In a high-profile meeting at President-elect Donald Trump’s Mar-a-Lago residence in Palm Beach, Florida, on a Monday in December 2016, SoftBank CEO Masayoshi Son announced a monumental $100 billion investment in the United States over the next four years. This joint...
Broadcom (NASDAQ: AVGO) has reached a major milestone, surpassing a $1 trillion market capitalization, following a 21% jump in its stock price. This surge came after the company reported extraordinary Q4 earnings, with a 220% year-over-year increase in AI revenue,...
Nvidia (NVDA) saw its stock dip more than 3% before noon on Monday following the news that China had launched an antitrust investigation into the company. The probe is focused on potential anti-monopoly violations by the semiconductor giant, particularly its business...
SoundHound AI Inc. (SOUN) saw a 30% increase in its stock price by midday on Thursday following the announcement that Torchy’s Tacos, the popular taco chain, will roll out SoundHound’s Voice AI technology for phone orders across all of its locations. This move marks a...
Marvell Technologies (NASDAQ: MRVL) saw a remarkable 23% surge in its stock price at the close of trading after the company reported impressive quarterly earnings that exceeded Wall Street expectations. The fabless semiconductor company, which specializes in custom...
Nvidia reported stronger-than-expected earnings after the market closed on Wednesday, continuing to benefit from the ongoing artificial intelligence (AI) boom. The company posted impressive results for the quarter ending on October 27, with revenue of $35.08 billion,...
Apple has announced a refreshed iPad Mini on Tuesday, marking the first update to its smallest tablet since 2021. Following the announcement, shares of Apple Inc. (AAPL) rose by 2% in midday trading. The new iPad Mini is powered by the advanced A17 Pro processor, the...
On Friday, stocks for both the Federal Home Loan Mortgage Corporation (FMCC) and the Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, saw impressive gains, with FMCC rising nearly 23% and FNMA increasing by 23.5%. These significant stock...
On January 19, 2025, the U.S. Supreme Court upheld a law banning TikTok unless it is sold to an owner not controlled by a foreign adversary. This ruling has sparked fresh uncertainty surrounding the popular social-media app, which is used by approximately 170 million...
Southwest Airlines (LUV) is facing a turbulent period, with its stock experiencing significant declines amid a series of unfolding scandals and legal challenges that are shaking investor confidence in the budget airline. One of the most recent and alarming incidents...