SpaceX stock (SPCX) edged higher on Monday, in line with a broader market rally as investors looked ahead to the company’s first quarterly earnings report as a publicly traded company. The stock jumped about 1% in early trading. The broader market advanced after President Donald Trump called off planned strikes against Iran, easing geopolitical tensions
Wix (NASDAQ: WIX) stock has come under intense pressure this year as investors grew concerned that the rise of AI-powered “vibe coding” could disrupt its website-building business. After peaking at $246 in January last year, the stock has tumbled 77% to around $55. Against this backdrop, the company will need to reassure investors that its
Qualcomm stock price continued its strong downward trend this week, reaching its lowest level since April 30. QCOM has plunged by over 37% from its highest point this year, with its market capitalization falling from $265 billion to $171 billion. Qualcomm’s crash has coincided with the ongoing sell-off among other semiconductor companies. The VanEck Semiconductor
Robinhood stock price has fallen in the past few weeks, moving from the year-to-date high of $119.87 to a low of $87.93. This retreat will be put to the test as the company publishes its financial results, which will provide more color about its business. Robinhood to publish its quarterly results today HOOD stock will
When Alphabet (GOOGL) released its earnings last week, a rapid growth in its Google Cloud business revenue was seen as a pressure point on Microsoft and Amazon, which were to announce their earnings this week. For much of the past two years, investors debated whether Google Cloud could meaningfully challenge Microsoft Azure and Amazon Web
Palantir stock price remained under pressure this week as traders waited for the second-quarter earnings. PLTR was trading at $122.26, down by over 40% from its highest point this year, erasing some of the gains it made last year. This retreat will be put to the test as it publishes its financial results. Palantir Technologies
Nvidia stock (NVDA) rose on Friday after Amazon reaffirmed its commitment to the chipmaker’s artificial intelligence processors and increased its capital spending plans, reinforcing investor confidence in continued demand for AI infrastructure. The stock gained 2.6% to $199.07 in midday trading, building on Thursday’s more than 2% advance. The rally put Nvidia on track to
Top neocloud stocks are in a freefall, erasing billions of dollars in value as concerns about AI spending emerge. IREN stock dropped to $33.61, its lowest level since April 7, and 52% below its highest point this year. Its valuation has fallen from $24 billion to $12.4 billion. CoreWeave, the biggest player in the industry,
Apple (AAPL) reclaimed its position as the world’s most valuable publicly traded company on Friday after its market capitalization surpassed Nvidia’s. Apple shares climbed to an all-time high of $334.99, lifting the company’s market value to approximately $4.88 trillion. Nvidia shares fell more than 3% in early trading, reducing the AI chipmaker’s market capitalization to
SanDisk stock has continued its weakness this week, falling to its lowest level since May 22. It has dropped by 35% from its highest level this year. Still, top analysts tracking the company have maintained a bullish outlook, pointing to its strong growth. Many analysts are bullish on the SanDisk stock Top analysts covering SanDisk