Micron stock has plunged since reaching a record high of $1,255 on June 25. Shares have fallen about 30%, mirroring the sharp declines seen across the memory chip sector, including…
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SanDisk stock has continued its weakness this week, falling to its lowest level since May 22. It has dropped by 35% from its highest level this year. Still, top analysts…
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Investing
Micron stock plunges: Has it topped, or is this a rare buying opportunity?
by adminby adminMicron stock has plunged since reaching a record high of $1,255 on June 25. Shares have fallen about 30%, mirroring the sharp declines seen across the memory chip sector, including…
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US stocks opened higher on Wednesday after investors responded to another softer-than-expected inflation report and a fresh round of corporate earnings. Chip stocks fell even after upbeat guidance from ASML.…
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Stock
Alibaba stock jumps as Apple integrates Qwen AI into Apple Intelligence in China
by adminby adminAlibaba’s US-listed shares rose more than 6% on Wednesday after the Chinese technology giant confirmed that its Qwen artificial intelligence model will power Apple Intelligence features for users in China.…
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Morgan Stanley has identified three stocks that could outperform as the second-quarter earnings season gets underway. The Wall Street bank highlighted GE Vernova (NYSE: GEV), Lam Research (NASDAQ: LRCX), and…
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Investing
Lucid Group stock has crashed amid bankruptcy fears: Is it safe to buy the dip?
by adminby adminLucid Group stock is attempting to rebound today, July 15, after plunging more than 40% in the previous session. LCID rose by about 2% in premarket trading to $4.73, recovering…
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US stocks opened higher on Tuesday after softer-than-expected June inflation data reduced expectations of an immediate Federal Reserve rate hike. Investors also assessed second-quarter earnings from major US banks and…
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Stock
Citigroup stock rises after reporting strong Q2 results driven by trading and growth
by adminby adminCitigroup beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a decade, as strong trading activity and higher investment banking fees boosted results. The bank…
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Investing
Oracle stock drops below crucial support as its bond yields jump: now what?
by adminby adminOracle stock continued its strong freefall this week, reaching its lowest level since April last year. ORCL has slumped by over 62% from its all-time high, with Larry Ellison’s net…