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Nvidia teams up with Abridge to build AI model for healthcare: report

Nvidia is expanding its presence in healthcare artificial intelligence through a new partnership with medical technology startup Abridge, as competition intensifies among technology companies seeking to apply AI tools across the healthcare industry. According to a report by The Wall Street Journal, Nvidia and Abridge are developing an AI model specifically designed for clinical conversations

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Business

Cracker Barrel stock soars 30% as earnings beat sparks short squeeze

Cracker Barrel Old Country Store CBRL shares surged on Wednesday after the restaurant chain reported better-than-expected fiscal third-quarter results and raised its full-year outlook. The strong report prompted analysts to increase price targets and helped fuel a sharp short squeeze in the stock. The stock climbed as much as 30% during morning trading. The rally

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Business

Commodity wrap: Oil climbs on US–Iran tensions; gold, silver extend losses

Oil prices have continued to rise on Thursday as geopolitical tensions simmered with the latest US strikes against Iran.  Gold and silver extended their losses as higher energy prices and expectations of elevated interest rates for longer dampened sentiments in the precious metals market.  Gold prices had rebounded slightly earlier in the day, but failed

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Business

Tesla stock slips another 1.5% today: what’s behind the recent decline?

Tesla stock (TSLA) moved lower in early trading on Wednesday as renewed tensions in the Middle East weighed on broader market sentiment and pushed oil prices higher. Shares of the electric-vehicle maker fell 1.5% to $390.91 in early trading. The stock plunged around 3% on Tuesday. The decline came as US equities weakened after President

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Business

Why is HOOD stock surging today?

Robinhood shares climbed nearly 7% on Wednesday. Investor confidence in the online brokerage’s growth prospects was boosted by a combination of strong operating metrics, bullish analyst commentary, and a strategic expansion into investment banking. The stock was lifted by fresh price-target increases from both Goldman Sachs and Cantor Fitzgerald, as Wall Street pointed to accelerating

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Caterpillar stock faces a major risk of a reversal amid valuation risks

Caterpillar stock price has pulled back in the past few days, moving from the year-to-date high of $947 on June 4 to the current $856. This retreat happened after it formed the risky double-top pattern on the daily chart.  Valuation concerns remain amid the AI boom  Caterpillar, a top industrial company known for making large

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Business

Commodity wrap: Gold hits lowest level since March 23; oil rebounds

Gold prices continued to slump on Wednesday as a fresh escalation in tensions in the Middle East dampened sentiments in the market.  Oil rebounded from sharp losses on Tuesday as prices jumped more than 2% after both the US and Iran traded military strikes overnight.  Meanwhile, both copper and aluminium contracts on the London Metal

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Business

Will renewed retail interest push Hyperliquid towards $60?

Hyperliquid (HYPE) is trading higher on Thursday, recovering above the $56 level after finding strong support around a key technical zone in the previous session.  The rebound is being supported by improving derivatives positioning and a broadly constructive technical structure, suggesting potential for a short-term recovery. The technical indicators remain bearish but are no longer

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Business

Chewy stock sinks on Q1 earnings, creating opportunity for long-term investors

Chewy Inc (CHWY) opened in the “red” this morning after coming in shy of EPS estimates for its fiscal Q1 and offering guidance that signals continued weakness in the current quarter. Investors are bailing on CHWY mostly because the financial release reinforces CEO Sumit Singh’s recent comment that the US consumer is more “stretched” than

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Business

Nvidia, AMD, Arm stocks rally as BofA sees $170B agentic AI opportunity

Semiconductor stocks rallied on Thursday after Bank of America identified agentic AI as the next major growth catalyst for the industry, creating a potentially massive opportunity for chipmakers ranging from Nvidia and Advanced Micro Devices to Intel and Arm Holdings. The brokerage’s bullish outlook helped lift shares across the sector. AMD rose about 6%, Intel

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