22 articles tagged
IBM has announced an $11 billion all-cash deal to acquire data streaming company Confluent, a strategic move to significantly boost its AI and cloud offerings.
SoundHound AI has reported a 68% year-over-year revenue increase to $42 million, but its stock has declined 44% year-to-date amid concerns over its net loss.
U.S. stock futures edge higher amid market uncertainty, as MongoDB's stock soars on strong earnings while the crypto sector's downturn hits retail investors hard.
Global stock markets extended a selloff this week, driven by investors offloading tech stocks and a tightening liquidity environment. Bitcoin fell to a 7-month low. Experts view this as a healthy corr
The Dow Jones Industrial Average has surpassed 48,000 for the first time, signaling a potential market shift from high-growth AI stocks to traditional value sectors.
A leading market bull, Ed Yardeni, warns of a potential 5% S&P 500 pullback by December as tech stocks see institutional selling. Experts suggest a breather, not a bear market, emphasizing investment
Super Micro Computer shares dropped after the AI server maker missed quarterly estimates due to delivery delays, pushing $1.5 billion in revenue to the next quarter.
US stock indexes closed sharply lower on Tuesday as valuation concerns, particularly in the tech sector, and weaker economic data weighed on investor sentiment.
Investors are closely watching the Federal Reserve's next moves as tech giants report mixed earnings and Nvidia's market cap soars past $5 trillion.
U.S. stock futures are mixed as strong earnings from tech giants like Amazon lift the Nasdaq, while broader market indices show caution amid global economic concerns.
Adobe CEO Shantanu Narayen says the company's stock is undervalued, arguing the market is too focused on AI hardware and is overlooking software's long-term potential.
Apple's stock reached an all-time high of $277.32 after the company forecasted record-breaking revenue for the holiday quarter, projecting an 11% sales increase.
