Editor’s note: This article has been updated to add more details and context. The U.S. labor market strengthened in May as employers added 172,000 jobs, the Bureau of Labor Statistics reported Friday. The monthly increase in total nonfarm payrolls far…
Chipotle Mexican Grill Inc (NYSE:CMG) shares hit a new 52-week low on Wednesday as investors sold off the stock amid a prolonged downtrend. Investors appear focused on the severe macroeconomic headwinds currently battering consumer discretionary spending. Chipotle Mexican Grill shares…
A proposed tie-up between Tesla Inc. (NASDAQ:TSLA) and SpaceX drew pushback from investor Gary Black, who argued the deal could destroy shareholder value through a conglomerate discount and lacks a compelling strategic rationale. Black said in a post on X…
Intel Corp. (NASDAQ:INTC) stock trended on Friday amid the company’s launch of new Arc G-series processors for Windows handheld gaming PCs. The early move is also lining up with a mildly positive premarket tone for major indexes. Intel has announced…
Global DRAM revenue surged to a record $97 billion in the first quarter of 2026 as booming AI data center demand and sharply higher memory prices fueled explosive growth across the semiconductor industry, according to Counterpoint Research. The market expanded…
Crypto analyst Taiki Maeda argues Bitcoin (CRYPTO: BTC) bottomed at $60,000 and named Zcash (CRYPTO: ZEC), Hyperliquid (CRYPTO: HYPE), and Bitcoin as his “holy trinity” portfolio destined for significantly higher prices. Bitcoin Bottomed At $60,000 On Peak Bearish Sentiment Maeda…
Marvell Technology, Inc. (NASDAQ:MRVL) is trading higher by 1.59% during Monday’s premarket session as chip names catch a slightly firmer overnight tone in tech-leaning futures and traders continue to reward AI/data-center infrastructure winners after a powerful multi-month run. Nasdaq futures…
Rumble Inc. (NASDAQ:RUM) shares fell Friday morning following announcements of a new partnership and updates on its Northern Data acquisition and quarterly results. • Rumble shares are sliding. What’s weighing on RUM shares? Rumble Expands Content Push With Enhanced Games…
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices…
Airbnb Inc. (NASDAQ:ABNB) said AI generated 60% of its new code in the first quarter, as the company reported an 18% revenue surge to $2.7 billion. One engineer can now handle work that previously required a team of 20, CEO…