GoPro stock GPRO has surged in recent sessions after the struggling action-camera maker announced a $285 million cash merger with Starman Optical, a privately held photonics company. Earlier, YouTube creator…
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Software stocks are back from the dead as AI fuels growth: can the rally continue?
by adminby adminEarlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins…
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US stocks fell on Friday after stronger-than-expected August employment data increased expectations that the Federal Reserve could raise interest rates at its September meeting. The report also pushed Treasury yields…
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AMC Entertainment AMC shares rose about 7% in trading on Friday after CEO Adam Aron sharply criticized Robinhood Markets’ efforts to offer tokenized real-world assets, including tokens linked to AMC…
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Investors have turned attention to the Schwab US Dividend ETF (SCHD) this year as it jumped to a record high, beating the benchmark funds tracking the Nasdaq 100 and S&P…
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US stocks opened higher on Thursday even as investors assessed mixed corporate earnings, rising oil prices and renewed tensions between the United States and Iran. The Dow Jones Industrial Average…
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US stocks opened mixed on Wednesday as investors weighed renewed US-Iran tensions, rising global bond yields and continued strength in the artificial intelligence trade. The Dow Jones and S&P 500…
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MongoDB stock MDB fell sharply on Wednesday after the database software company reported second-quarter results that beat expectations but failed to deliver the faster Atlas growth investors had anticipated. Shares…
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US stocks opened lower on Tuesday, the first trading day of September, as rising Treasury yields, higher oil prices and renewed Middle East tensions pressured investor sentiment. Traders also increased…
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Amazon stock falls on FTC lawsuit but analysts bullish despite near-term pressure
by adminby adminAmazon shares came under pressure on Tuesday as investors weighed a new antitrust lawsuit from US regulators against the company’s growing advertising business, while broader market weakness added to the…