Google’s upcoming earnings announcement on July 22 will become the focal point for investors weighing the balance between AI ambition and cost discipline. Analysts expect the company’s disclosures to serve as a proxy for broader sector health, as AI‑centric data‑center expansion continues to reshape …
Marvell Technology’s 8% drop to $189 on Tuesday triggered a broader chip sector selloff, wiping out gains across AI-focused semiconductor stocks as investors reassessed hyperscaler capital expenditure plans. Shares of Broadcom, AMD, and Intel followed Marvell lower, with declines ranging from 3% to 5%, …
AST SpaceMobile (NASDAQ: ASTS) is facing mounting investor skepticism after announcing plans to raise more cash while simultaneously delaying a critical satellite launch. The dual setbacks sent shares tumbling in recent trading, deepening a selloff that has erased nearly a third of the company’s …
Credo Technology Group Holding Ltd (NASDAQ: CRDO) saw its shares slide 8.9% in the most recent session after closing the prior day at $226.74. The semiconductor maker, valued at $42.28 billion, remains up substantially on a year‑to‑date basis but has experienced recent month‑to‑month weakness. …
The Dow Jones Industrial Average edged higher by roughly 0.2%, settling at 52,747, while the Nasdaq Composite dropped 1% to 26,003. The divergence was driven by a broad sell‑off in semiconductor equities, sparked by growing uncertainty surrounding artificial‑intelligence deployments. At the same time, UnitedHealth …
Key HighlightsIonQ (NYSE: IONQ) stock has fallen 36.4% over the past month, underperforming other pure-play quantum computing stocks despite a supportive long-term industry outlook.The broader quantum sector also corrected, with Rigetti Computing (RGTI) down 32.3%, D-Wave Quantum (QBTS) down 28.9%, and Quantum Computing Inc. …
Wipro’s recent advancements in artificial intelligence and enterprise transformation are reshaping perceptions of IT services stocks trading at lower price points, as its consulting arm Capco earns industry validation and delivers a high-profile migration project. These milestones, including recognition of Capco’s AI leadership and …
XPeng (NYSE: XPEV) sealed a strategic cooperation framework with safety‑systems leader Autoliv on July 7. The deal links the EV maker’s technology, digitalization and supply‑chain initiatives to Autoliv’s global safety expertise. In the same week, the company shipped 40,126 vehicles in June, raising its …
SCANDIC FINANCE GROUP has launched SCANDIC TRADE, a cutting-edge platform designed to streamline digital asset management through AI-driven tools. This development is expected to have a significant impact on the cryptocurrency market, as it provides users with a comprehensive workspace to manage their digital …
Is doubling down on its US expansion with a $100 billion investment in Arizona, a bold bet fueled by a 77% surge in second-quarter profit. The world’s largest contract chipmaker reported the earnings jump after releasing June revenue figures earlier in the week, signaling …