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    Dow slips as strong US jobs data sparks chip selloff, hits Nasdaq

    by admin June 5, 2026
    by admin June 5, 2026

    US stocks moved lower on Friday as a stronger-than-expected May jobs report dampened expectations for interest rate cuts and triggered renewed selling across semiconductor stocks. The Dow Jones Industrial Average…

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  • Stock

    Lululemon tumbles after forecast cut; analysts see prolonged turnaround ahead

    by admin June 5, 2026
    by admin June 5, 2026

    Lululemon Athletica LULU shares fell sharply on Friday after the athletic apparel retailer lowered its annual profit outlook and issued weaker-than-expected sales guidance, deepening investor concerns about the pace of…

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  • Stock

    Dow jumps 500 points as Broadcom selloff drags Nasdaq lower

    by admin June 4, 2026
    by admin June 4, 2026

    US stocks opened lower on Thursday as a sharp selloff in semiconductor shares following Broadcom’s quarterly results weighed on investor sentiment. Markets were also closely watching rising geopolitical tensions in…

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  • Stock

    Trafigura delivers record half-year profit, dividend amid global tensions

    by admin June 4, 2026
    by admin June 4, 2026

    Trafigura Group delivered a strong financial performance in the first half of its 2026 financial year, posting a net profit of $4.1 billion despite challenging global conditions marked by geopolitical…

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  • Stock

    Why Nvidia stock is slipping around 3% today

    by admin June 3, 2026
    by admin June 3, 2026

    Nvidia (NVDA) shares remained under pressure on Wednesday, falling around 3% to trade near $216 as investors continued to rotate toward other areas of the artificial intelligence hardware ecosystem. The…

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  • Stock

    USA Rare Earth secures up to $1.6B CHIPS funding for US expansion

    by admin June 3, 2026
    by admin June 3, 2026

    USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development…

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  • Stock

    Planet Labs stock price surge put to the test as earnings loom

    by admin June 2, 2026
    by admin June 2, 2026

    Planet Labs (NYSE: PL) stock has been firing on all cylinders and has continued to beat most companies in the space industry. It has jumped by 695% in the last…

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  • Stock

    Why is AVGO up? GOOG’s fundraising, Anthropic’s IPO, Huang’s Marvell call in focus

    by admin June 2, 2026
    by admin June 2, 2026

    Broadcom’s stock surged more than 4% in trading on Tuesday as investors reacted positively to several developments tied to the artificial intelligence sector. Market sentiment was boosted by Alphabet’s plans…

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  • Stock

    CoreWeave stock jumps after major Nvidia Rubin news: what next?

    by admin June 1, 2026
    by admin June 1, 2026

    CoreWeave (NASDAQ: CRWV) stock price jumped to $120, its highest point since May 8, as investors cheered the latest news from Taiwan, where Nvidia launched several products. CRWV has soared…

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  • Stock

    MGM stock jumps 14% as Barry Diller tables $18B offer

    by admin June 1, 2026
    by admin June 1, 2026

    MGM Resorts International shares jumped on Monday after Barry Diller’s People Inc. submitted a proposal to acquire the casino operator in a deal that values the company at approximately $18…

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