The S&P 500 Index has surged more than 21% over the past 12 months and is up 7% year to date, adding trillions of dollars in market value. The rally has been fueled by the ongoing artificial intelligence boom, which has driven corporate earnings growth to multi-year highs. Top software stocks are plunging this year
Western Digital stock has embarked on a major bull run this year, reaching its highest point on record on June 18. It has soared by 264% this year and 960% in the last 12 months, bringing its market capitalization to over $221 billion. While this rally may continue after the Micron earnings, WDC faces some
Meta Platforms (NASDAQ: META) stock has fallen sharply in recent months, sliding from its record high of $796 in August last year to $562. Although the decline has left the company looking increasingly undervalued, downside risks remain, and the stock could face further weakness in the near term. Meta Platforms stock price crashes amid AI
The Roundhill Memory ETF (DRAM) stock price dropped sharply this week as investors waited for the financial results of one of its biggest constituent companies. It also reacted to a new report about SK Hynix, the second-biggest company in South Korea. It was trading at $70 on Wednesday, a few points above this week’s low
Zeta Global stock price jumped on Tuesday after the company intensified its pivot towards artificial intelligence (AI) by partnering with Palantir Technologies. It jumped to $20.50, and then pared back some of those gains to close at $19.50. So, will this partnership boost ZETA shares in the near future? Zeta Global inks key partnership with
Amazon has announced plans to invest an additional $13 billion in India to expand its artificial intelligence and cloud infrastructure, taking its total planned investment in the country to $48 billion between 2026 and 2030. The fresh commitment builds on the company’s previously announced $35 billion investment across its India businesses in December 2025. The
Scottish Mortgage Trust share price has retreated sharply this week, continuing a downward trend that started on June 3. SMT stock has slumped to 1,357p, its lowest level since April 14, and 13% below its highest level this year. This retreat has coincided with the ongoing SpaceX sell-off that has erased billions of dollars in
Sandisk, Western Digital, and Seagate stocks have been in a strong rally this year and are the top gainers in the S&P 500 and Nasdaq 100 indices. SNDK jumped by 800% this year, while Western Digital, Micron, and Seagate have soared by 320%, 285%, and 280%, respectively. Sandisk, Western Digital, and Seagate face a major
Meta Platforms Inc. is making a significant move into India’s fintech ecosystem with a $900 million investment in startup CRED. The deal gives Meta a roughly 20% stake in the company. According to the announcement, CRED will raise ₹8,550 crore ($900 million) in its Series H round, led by Meta. The round is structured through
Alphabet (GOOGL) shares fell as investors assessed the departure of prominent AI researchers and broader concerns about AI spending. The stock dropped more than 6.6%, falling to $343.47 in morning trading, as the market assessed the departure of two senior AI leaders from Google’s research organizations. DeepMind loses another high-profile researcher The latest setback came