Stocks

Stocks
Stocks

Here’s why POET Technologies stock is slumping today (May 15)

POET Technologies stock price has gone parabolic this year, making it one of the top gainers as the artificial intelligence boom continues. It jumped to $20 on Thursday, up by 315% from its lowest point this year. POET jumped after a major $500 million partnership  The stock soared on Thursday after the company inked a

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Stocks

Why Bill Ackman is betting on Microsoft as AI fears hammer the stock

Billionaire investor Bill Ackman revealed Friday that Pershing Square has built a new position in Microsoft. He argued that recent weakness in the software giant’s stock has created an attractive long-term investment opportunity despite growing concerns over artificial intelligence competition and heavy spending. Ackman disclosed the investment in a post on social media platform X,

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Stocks

Dow slides 400 points as rising yields and oil prices hit tech stocks

US stocks fell sharply on Friday as rising Treasury yields, persistent inflation concerns, and escalating energy prices pressured markets following another record-setting session for major indexes. The Dow Jones Industrial Average dropped roughly 402 points, or about 0.8%, while the S&P 500 fell 1.13%. Nasdaq Composite led declines, sliding about 1.58% as investors pulled back

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Stocks

Why Nvidia stock is crashing around 4% on Friday

Shares of Nvidia (NVDA) fell sharply on Friday, pulling back after an explosive rally that had pushed the chipmaker close to another record valuation milestone. The stock dropped around 4% to $226.80 in early trading after gaining roughly 20% over the previous seven sessions. Thursday’s rally alone saw Nvidia rise 4.4% to close at $235.75,

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Stocks

Doximity plunges 24% on weak guidance, analysts slash PTs on increased AI spending

Shares of Doximity (NYSE: DOCS) plunged on Thursday after the telehealth platform reported weaker-than-expected quarterly profit and issued fiscal 2027 revenue guidance that fell significantly short of Wall Street estimates. The figures intensified investor concerns about slowing growth and rising spending tied to artificial intelligence initiatives. The stock fell 24% in premarket trading after already

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Stocks

UK shares rise as strong GDP data offsets political uncertainty

UK shares moved higher on Thursday after stronger-than-expected economic growth data reassured investors, even as political uncertainty surrounding Prime Minister Keir Starmer continued to weigh on market sentiment. The blue-chip FTSE 100 rose 0.39% by 11:09 a.m. GMT, while the mid-cap FTSE 250 gained 0.71%. Investor sentiment improved after data showed Britain’s economy expanded unexpectedly

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Klarna stock: here’s why this Affirm rival is pumping today

Klarna stock price is pumping today, May 14, after the Buy Now Pay Later (BNPL) company published its financial results. KLAR jumped by over 15% to $15, reaching its highest point since March 16 this year. It has now soared by nearly 30% from its all-time low.  Klarna stock jumps after releasing strong numbers Klarna,

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Dow reclaims 50,000 as Nvidia, Cisco rally lifts US stocks higher

US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued momentum in artificial intelligence-linked semiconductor stocks despite persistent inflation concerns. The Dow Jones Industrial Average rose 387 points, reclaiming the 50,000 level it reached earlier this year. S&P 500 gained about 0.34%,

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Stocks

Nvidia tops $230 mark: here’s why analysts say NVDA still cheap ahead of earnings 

Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing restrictions on chip sales to China, and expectations of another blockbuster earnings report later this month. The stock rose by 2.6% at the market open to cross the $231 mark after closing

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Stocks

Concordium named AI partner of Denmark’s National Ice Hockey team

Danmarks Ishockey Union (DIU) has named Concordium as the Official AI Partner of the Danish National Ice Hockey Team. The partnership will launch during the 2026 IIHF Ice Hockey World Championship in Switzerland. The collaboration will focus on two joint initiatives built on Concordium’s AI infrastructure. The first is a Verified Fan Programme, which will

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