Apple Inc (AAPL) officially entered the foldable market today, taking direct aim at rival designs. Addressing attendees at the flagship Cupertino launch event, newly installed CEO John Ternus emphasized that modern smartphones require expansive visual space to keep up with user demands. “For a device that plays such a central role in your life, a
Advanced Micro Devices (AMD) shares rose on Wednesday after Chief Financial Officer Jean Hu outlined an expanding artificial intelligence opportunity and said the company expects its data center business to double in 2027. The bullish outlook has also prompted analysts to raise their price targets, while Bank of America data showed increasing institutional ownership of
Apple unveiled its iPhone 18 Pro models and foldable iPhone Duo as part of its annual product launch, with the new devices carrying higher prices. Brent crude prices climbed above $100 a barrel as renewed Middle East hostilities heightened concerns about energy supplies and inflation. Bitcoin struggled below $80,000 as rising oil prices and a
US stocks fell for a third straight session on Wednesday as rising oil prices and Treasury yields added to investor concerns over inflation and the Federal Reserve’s interest-rate path. The Dow Jones Industrial Average dropped 405.41 points, or 0.77%, to 52,380.66. The S&P 500 fell 0.48% to 7,636.36, while the Nasdaq Composite declined 0.64% to
Marvell Technology (MRVL) stock has slipped over 31% from its year-to-date high, mirroring the performance of other semiconductor companies. The stock was recently trading around $223, down 32% from its highest point this year. Similarly, popular ETFs such as the Schwab Semiconductor Index Fund (SOXX) and the VanEck Semiconductor ETF (SMH) have fallen by more
Qualcomm (QCOM) shares were surging on Tuesday after the chipmaker announced a major deal. The stock surged as much as 10% in early trading, but gave up most of those gains to trade around 4% higher at the time of writing. The company said it has entered a multi-generational product collaboration with Amazon Web Services
CoreWeave CRWV stock jumped 16% on Tuesday as OpenAI’s new Astra model provided a fresh catalyst for the AI cloud infrastructure company. CoreWeave has a $22.4 billion deal with OpenAI to provide computing power, adding to a growing base of contracted demand for its infrastructure. The company’s momentum also follows strong second-quarter 2026 results reported
Nebius stock surged by over 10% today, September 8, continuing a recovery that started on Tuesday last week when it bottomed at $194.76. It jumped to a high of $250, its highest level since August 18 this year, mirroring the performance of other neocloud companies like CoreWeave and IREN. Nebius Group stock jumps after Palantir
AMD stock surged 6% on Tuesday after Advanced Micro Devices said its total addressable market could reach $3 trillion by 2030, up from its previous estimate of roughly $2 trillion. Shares rose 6.45% to $508.38, bringing their gains for the year to more than 120%. The revised market opportunity reflects rising demand for graphics processing
AMD shares jumped after the chipmaker raised its potential 2030 total addressable market to $3 trillion. Gold prices edged lower as higher oil prices increased inflation concerns and boosted expectations for a September Federal Reserve rate hike. Oil prices climbed to multi-week highs as renewed Middle East hostilities heightened concerns over energy supply disruptions. Bitcoin