Soaring Astera Labs stock faces a major valuation risk: what next?
Astera Labs stock price has gone parabolic in the past few months, mirroring the performance of the semiconductor industry. ALAB jumped to $346
Stocks
Business
Corning rallies after Amazon taps fiber-optics maker for AI data center expansion
Shares of Corning GLW climbed sharply by 8% on Monday after Amazon unveiled a multibillion-dollar agreement with the advanced glass and fiber-optics manufacturer.
Business
Apple stock gains ahead of WWDC: What are investors expecting?
Apple shares AAPL rose 1.62% in trading on Monday ahead of the company’s Worldwide Developers Conference (WWDC). An upgraded Siri digital assistant and
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USD/JPY forecast as Japanese yen hits critical BoJ intervention level
The Japanese yen crashed to an important level that triggered a massive Bank of Japan (BoJ) intervention in April. The USD/JPY exchange rate
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Dollar index holds firm amid Middle East tensions and Fed outlook
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, maintained its upward momentum for a
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Sterling weakens amid rising US rate bets and Middle East tensions
The British pound traded close to its lowest level in nearly two months on Monday as a stronger US dollar continued to pressure
Stocks
Citigroup boosts S&P 500 forecast as AI-led growth supports equities
Citigroup has become the latest Wall Street brokerage to raise its year-end 2026 target for the S&P 500, forecasting the benchmark index will
Stocks
Wall Street futures trade mixed today: 5 things to know before market opens
US stock futures pointed to a steadier open on Monday as chipmakers attempted to recover from Friday’s sharp selloff, though rising oil prices
Stocks
Dow rises 250 points as chip stocks rebound and Middle East fears ease
US stocks opened higher on Monday as semiconductor shares rebounded from last week’s steep selloff, while investors also found some relief in signs
Stocks
Nvidia chief calls $1.3T chip selloff a buying opportunity: should investors listen?
US semiconductor stocks began recovering on Monday after suffering a brutal selloff on Friday that wiped roughly $1.3 trillion from the sector’s value,