Qualcomm (QCOM) shares were surging on Tuesday after the chipmaker announced a major deal. The stock surged as much as 10% in early trading, but gave up most of those gains to trade around 4% higher at the time of writing. The company said it has entered a multi-generational product collaboration with Amazon Web Services
Nebius stock surged by over 10% today, September 8, continuing a recovery that started on Tuesday last week when it bottomed at $194.76. It jumped to a high of $250, its highest level since August 18 this year, mirroring the performance of other neocloud companies like CoreWeave and IREN. Nebius Group stock jumps after Palantir
Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and prospectus release date are coming out. Goldman Sachs and Morgan Stanley scoop major roles One of the closely-watched move whenever a company as large as
DocuSign stock continued its strong bull run as the company’s investments in artificial intelligence (AI) starting to pay off. DOCU jumped to $67.05, up by 62% from its lowest level this year. This rally may continue in the foreseeable future as analysts from companies like Morgan Stanley and Evercore boost their outlook. DocuSign stock is
Nvidia stock has jumped and is nearing its all-time high as the company slowly evolves into becoming the central bank of the AI industry, thanks to its huge investments. NVDA jumped to $230, a few points below its all-time high of $236, and this growth may continue as the AI boom continues. Nvidia is now
AMD stock has pulled back over the past few months, falling from a high of $584.90 in June to around $456 currently. During this correction, the stock has gradually formed a bullish flag pattern, suggesting the potential for further upside in the coming months. This outlook is also broadly in line with analysts’ expectations. AMD
Nvidia stock gave up most of its early gains on Thursday, trading about 0.6% higher after rising as much as 2.5% at the open. The volatile movement follows the company’s announcement that it had agreed to acquire the open-source AI platform Hugging Face for $12.9 billion. The deal, which had been expected after The Information
SpaceX (SPCX) stock rebounded sharply on Thursday, rising more than 5% to around $148 after ending the previous two sessions lower, as bullish analyst forecasts for its artificial intelligence business helped lift the shares. The rally comes as analysts increasingly frame SpaceX as more than a rocket and satellite company, with AI infrastructure, computing and
SpaceX (SPCX) stock fell another 1.6% on Wednesday after closing about 1% lower Tuesday, extending a pullback even as analysts raised their expectations for the company’s artificial intelligence business. The decline came as the broader market moved higher. The S&P 500 rose 0.5%, while the Nasdaq Composite gained 0.4% and the Dow Jones Industrial Average
SpaceX stock has rebounded in the past few weeks, moving from the year-to-date low of $104 to the current $142. This rebound, however, is losing momentum, and the stock faces some major risks that may affect its performance in the coming months. SpaceX stock technicals points to a retreat One of the top risks facing