Intel stock fell on Thursday, putting the shares on track to end a five-session winning streak after gaining more than 20% during the run. The INTC stock was down around 6% to trade near the $100 mark. The sharp reversal came as the broader market moved lower amid a renewed surge in oil prices and
Pinterest stock has sold off sharply over the past few months and now sits at its lowest level since May 21. PINS fell to $18.28, down 60% from its 2024 high and 30% below where it started the year. Despite the stock’s cheap valuation, the selloff may not be over yet. Pinterest’s revenue growth is
SpaceX (SPCX) stock fell around 4% on Wednesday to around $147, giving back most of Tuesday’s 3.7% gain as another major batch of shares became eligible for trading. The stock has nevertheless gained more than 7% over the past month. Wednesday’s decline came as the company’s third scheduled lockup tranche released up to 319 million
Samsung Electronics stock fell on Thursday after Apple finally entered a smartphone category Samsung has spent seven years developing. Apple unveiled its first foldable iPhone, the $1,999 iPhone Duo, on Wednesday, putting Apple directly against Samsung’s Galaxy Fold line. Samsung shares fell 1.5% to 265,500 won, while the wider KOSPI was under pressure as Brent
Search interest in foldable smartphones has spiked sharply worldwide following Apple’s unveiling of the iPhone Duo, its first foldable iPhone, according to Google Trends data. Global searches for the topic “foldable smartphone” rose 450% over the preceding 24 hours and are up 1,050% compared with the same time last week. The search surge was mirrored
Nvidia and Palantir Technologies announced a new AI collaboration on Wednesday, which they call “sovereign AI” for critical supply chains. The system will first run inside Nvidia’s own manufacturing and logistics network, which other industries will follow later. The system combines Nvidia’s Nemotron open models with Palantir’s Foundry and AIP platforms, and it is grounded
Cloudflare’s stock has kept up its strong rally as demand for its services grows, buoyed by the ongoing AI agent boom. That momentum suggests the rally still has room to run. Shares were trading at $314, up 98% from their low for the year. Cloudflare’s service is benefiting from the AI agent boom Cloudflare, a
Micron stock has staged a strong recovery this week, reaching near its highest level since July 2nd this year. MU jumped to $1,016, up by nearly 40% from its lowest level in July, and technical and fundamental factors suggest further upside. Micron stock technical analysis The daily chart shows that the MU stock has been
Astera Labs stock has remained under pressure in the past few months, moving from the year-to-date high of $498 to the current $300. It has crawled back this month, and this recovery will likely continue in the coming months as demand for its products continues rising. Astera Labs’ business is growing Astera Labs is a
Marvell Technology (MRVL) stock has slipped over 31% from its year-to-date high, mirroring the performance of other semiconductor companies. The stock was recently trading around $223, down 32% from its highest point this year. Similarly, popular ETFs such as the Schwab Semiconductor Index Fund (SOXX) and the VanEck Semiconductor ETF (SMH) have fallen by more