The extraordinary rise of Nvidia has become more than just a stock market story. The artificial intelligence chipmaker’s surge beyond a $5 trillion market valuation is now reshaping global equity markets, redefining the dominance of technology companies and exposing how heavily investor capital is gravitating toward AI-linked businesses. Nvidia shares climbed another 2% on Monday
Wall Street opened lower on Tuesday as investors reacted to a hotter-than-expected inflation report and mounting concerns that the ongoing US-Iran conflict could continue driving oil prices higher and delaying potential Federal Reserve interest rate cuts. The S&P 500 fell 0.39%, while the Nasdaq Composite dropped 0.66%. The Dow Jones Industrial Average slipped 156 points.
Cisco stock price continued its bull run this week and is now trading at its all-time high. It has jumped in the last six consecutive weeks, bringing its market capitalization to nearly $400 billion. Still, despite the stock being highly overbought, Jay Woods, a popular Wall Street analyst, believes that CSCO stock may surge by
Plug Power resumed its strong surge in the extended hours today, May 12, as the company published strong financial results, confirming that it has now turned the corner. PLUG jumped by over 12% on Monday and continued the rally by over 6% to $3.73. It remains 108% above the lowest point this year. Plug Power
Affirm stock price has remained in a tight range in the past few weeks, and its recent earnings provided no boost. It was trading at $65.45 on Tuesday, inside the narrow range where it has remained at since April 17 this year. Still, the AFRM stock has formed a highly bullish pattern as Bank of
Strategy, the bitcoin-focused company (previously known as Microstrategy), has expanded its cryptocurrency holdings once again, purchasing an additional 535 BTC for approximately $43 million between May 4 and May 10, according to a filing with the Securities and Exchange Commission. The company paid an average price of $80,340 per bitcoin in the latest acquisition round,
The Nasdaq 100 Index continued its strong bull run this month, reaching its highest point on record. It was trading at an all-time high of $29,235, up by over 15% this year. This rally will be put to the test as the index has become the most overbought since June 2024. Nasdaq 100 Index has
Circle Internet stock jumped by over 4% in the premarket session after publishing an encouraging first-quarter earnings report, which demonstrated strong revenue growth. CRCL jumped to the important resistance level at $120, up sharply from the year-to-date low of $50. Circle stock jumps as revenue growth continued CRCL stock price has been in a tight
Wall Street’s main indexes opened muted on Monday after a record-setting rally last week, as renewed concerns over stalled US-Iran negotiations pushed oil prices higher and weighed on investor sentiment. The Dow Jones Industrial Average slipped 56 points, or 0.11%, while the S&P 500 and the Nasdaq Composite also edged down 0.02% and 0.17%, respectively.
Micron stock price continued firing in all cylinders today, May 11, as demand for its products soared. MU jumped by over 6% to $790, continuing an uptrend that started in April last year when it bottomed at $64. Still, despite the surge, there are signs that the company is still a bargain. Micron stock is