Semiconductor stocks declined sharply on Tuesday, with Nvidia and its peers coming under pressure after fresh concerns emerged about the financial trajectory of OpenAI. Nvidia shares fell about 1.5% in trading, reversing some of the previous session’s gains when the stock closed at a record high after rising 4%. The chipmaker had recently broken out
Shell Plc has agreed to acquire Canadian energy producer ARC Resources Ltd. in a deal valued at about $13.6 billion, as the oil major looks to strengthen its reserves base and expand production. The transaction, which also includes the assumption of roughly $2.8 billion in debt, values ARC at a premium to its recent trading
Big Tech is entering an intensifying race to secure reliable, long-term energy as the rapid expansion of artificial intelligence drives an unprecedented surge in data centre power demand. This is forcing companies to lock in everything from nuclear and geothermal to experimental sources such as fusion and even space-based solar. Against this backdrop, Meta Platforms
Corning stock price continued its strong uptrend and is now hovering at its all-time high as it became a big winner in the artificial intelligence (AI) space. This rally may come into question on Tuesday as the company publishes its financial results. Corning stock price is soaring as the AI hype continues Corning, the biggest
Wall Street’s main indexes were muted on Monday, as stalled peace talks between the United States and Iran and rising oil prices kept investors cautious ahead of a crucial week for earnings and monetary policy. The S&P 500 slipped about 0.04%, while the Nasdaq Composite declined 0.28%. On the other hand, Dow Jones Industrial Average
Qualcomm stock price surged by over 12% on Monday as investors cheered a potential partnership with OpenAI ahead of its much-anticipated financial results on Wednesday this week. QCOM jumped to $160, its highest point since January 2026 and 29% above its lowest level this year. Qualcomm partnership with OpenAI The QCOM stock price soared after
Shares of Nvidia surged on Friday, putting the stock on track for a record closing high as renewed optimism around artificial intelligence demand rippled across the semiconductor sector. The rally was partly fuelled by strong earnings from Intel, which reassured investors about the durability of demand for advanced computing hardware. Nvidia’s stock rose 4.8% to
Shares of X-Energy Inc. surged in their market debut on Friday, opening sharply above their initial public offering price after the company raised more than $1 billion in an upsized offering that drew strong investor demand. The Rockville, Maryland-based nuclear energy firm priced its IPO at $23 per share, above the marketed range of $16
US President Donald Trump is dispatching envoys to Pakistan in a renewed push for talks with Iran, even as uncertainty persists over diplomatic progress. Google is deepening its artificial intelligence push with a multibillion-dollar investment in Anthropic, underscoring the intensifying race for computing infrastructure. Intel shares surged after stronger-than-expected earnings signaled improving momentum in its
US equities ended the week on a mixed note, with the S&P 500 and Nasdaq Composite closing at record highs on Friday, supported by optimism around potential US-Iran talks and a surge in semiconductor stocks led by Intel. The Dow Jones Industrial Average, however, lagged behind, ending the session slightly lower. The S&P 500 rose