Why is Nio stock falling despite revenue surge and strong EV delivery growth
Shares of Chinese electric vehicle maker Nio came under pressure after options trading reflected mixed investor sentiment and expectations for higher volatility, even as the company reported sharply higher revenue and vehicle deliveries for the first quarter. The derivatives market reaction
Why Nvidia stock is down 2% after blockbuster earnings
Nvidia (NVDA) delivered another blockbuster earnings report, but investors appeared unimpressed as the stock struggled to rally. Shares fell around 1.9% on Thursday morning, with the stock slipping to around $219.62 in early trading. The muted reaction came despite Nvidia once again
Dow, S&P 500 fall as oil prices rise and Nvidia fails to lift sentiment
US stock indices moved lower on Thursday as rising oil prices and higher Treasury yields renewed concerns about inflation and geopolitical tensions, while investors evaluated whether Nvidia delivered enough upside to justify its elevated valuation after another strong earnings report. The
Crypto platform Blockchain moves ahead with confidential IPO filing
Blockchain.com has confidentially filed for an initial public offering in the United States, the cryptocurrency exchange said on Thursday, marking another potential public market debut from the digital asset sector. Confidential filings with the US securities regulator allow companies to prepare
Comminent Reaches 500,000 Wi-SUN Module Shipments for India Smart Meter Networks
By Marc Kavinsky, Lead Editor at IoT Business News. Comminent has shipped more than 500,000 Wi-SUN-compliant communication modules using Silicon Labs’ EFR32FG28 wireless SoC, a milestone tied to India’s smart energy metering rollout. The announcement is notable because it sits at
UK stocks slip amid inflation concerns and slowing business activity
London’s blue-chip shares declined on Thursday as weak economic data and continued uncertainty surrounding the Middle East conflict weighed on investor sentiment. The benchmark FTSE 100 fell 0.43% by 11:15 am GMT, while the midcap FTSE 250 edged 0.18% higher. Markets remained
IBM, QBTS, other quantum stocks surge after report of $2B Trump funding push
Quantum-computing stocks surged in premarket trading on Thursday after a Wall Street Journal report said the Trump administration plans to award roughly $2 billion in grants to nine quantum technology companies, marking one of the biggest government pushes yet into
Walmart stock falls as retail giant warns on profit outlook
Shares of Walmart (WMT) fell on Thursday after the retail giant reported quarterly results that met earnings expectations but issued a softer-than-expected profit outlook for the current quarter, disappointing investors despite continued sales growth and strong e-commerce momentum. The company said
Traders bet against CoreWeave, Nebius, IREN stocks despite strong growth
Neocloud companies are reporting some of the best financial results this year as the artificial intelligence boom accelerates. Despite this, Wall Street traders are betting against some of the top names in the industry, like CoreWeave, Nebius, and IREN. CoreWeave, Nebius,