Super Micro Computer (SMCI) surged on Wednesday after it delivered an upbeat business update that soothed investor concerns about profitability and highlighted continued strength in demand for AI infrastructure. ...
U.S. stocks were mixed Wednesday as investors paused ahead of earnings from Alphabet and Tesla, the first two Magnificent Seven companies to report this earnings season. ...
U.S. stocks traded higher on Tuesday as a rebound in semiconductor shares helped lift the broader market despite ongoing geopolitical tensions in the Middle East and fresh trade concerns. ...
Semiconductor stocks remained under intense pressure on Friday as investors continued pulling back from one of the market's strongest-performing sectors, extending a steep correction fueled by valuation concerns, rising AI ...
U.S. stocks were in the red on Friday as a steep sell-off in semiconductor shares overshadowed encouraging inflation data and improving consumer sentiment. ...
Eli Lilly (LLY) is making another significant push beyond its blockbuster diabetes and obesity franchises, announcing an agreement to acquire clinical-stage biotech AtaiBeckley in a deal valued at up to ...
U.S. stocks traded mixed on Thursday as investors balanced another wave of strong corporate earnings against renewed pressure in semiconductor stocks and ongoing geopolitical risks in the Middle East. ...
PayPal (PYPL) surged after reports that payments company Stripe and private equity firm Advent International have submitted a proposal to acquire the fintech giant in a deal valued at more ...
U.S. stocks struggled on Wednesday as investors balanced encouraging inflation data against renewed weakness in semiconductor stocks and escalating tensions in the Middle East. ...
The latest escalation in the Middle East has pushed oil prices higher and renewed concerns about inflation, but investors are increasingly treating energy shocks as a secondary risk. ...
U.S. stocks traded lower Monday as investors faced renewed geopolitical uncertainty in the Middle East and another bout of weakness across AI-related tech stocks. ...
The biggest names in tech are taking on massive levels of debt to finance the AI boom, showing just how expensive the next phase of AI development has become. ...