Is SpaceX stock warming up to become the next meme stock?
SpaceX (SPCX) stock is tumbling further this morning after the firm’s 13th Starship test flight was aborted right before liftoff as several engines failed to start properly. The development adds fuel to the bearish fire that has already assembled a $25
Apple reclaims title as world’s most valuable company, overtaking Nvidia
Apple (AAPL) reclaimed its position as the world's most valuable publicly traded company on Friday after its market capitalization surpassed Nvidia's. Apple shares climbed to an all-time high of $334.99, lifting the company's market value to approximately $4.88 trillion. Nvidia shares
Netflix stock gets punished as company gets more secretive about viewer data
Netflix NFLX shares tumbled on Friday after the streaming giant delivered mixed second-quarter results and announced plans to provide less frequent disclosure of viewer engagement data. This has increased concerns among investors who were already worried about slowing growth and rising
Dow sinks 480 points as AI selloff deepens, chip stocks extend losses
Wall Street's main indexes opened lower on Friday as investors continued to pull back from semiconductor stocks, extending a broader reassessment of the artificial intelligence-driven rally that had powered markets to record highs earlier this year. The Dow Jones Industrial Average
Bloom Energy stock has suffered a $40 billion wipeout: what next?
Bloom Energy stock is moving from bad to worse as it crashed to $206, its lowest level since April last year. BE has slumped by over 40% from its all-time high as concerns about its valuation and the data center
Wireless Logic Acquires SIMETRY to Deepen Managed IoT Connectivity in the US
By Marc Kavinsky, Lead Editor at IoT Business News. Wireless Logic has acquired Houston-based SIMETRY, adding a US managed IoT connectivity provider with multi-carrier SIM and device management capabilities to its group. The deal strengthens Wireless Logic’s North American position while
One in three small firms expect to shrink, sell up or close
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UK stocks steady as rising oil prices lift energy shares amid Middle East tensions
London's FTSE 100 was little changed on Friday as gains in energy stocks, supported by higher oil prices following escalating tensions in the Middle East, offset weakness in financial shares. Investors also monitored political developments after Andy Burnham was confirmed as
Looking to diversify away from AI trade? Buy these 3 stocks
For investors seeking to pare exposure to the artificial intelligence (AI) trade amid boom-induced volatility, shifting capital toward overlooked equities offers a compelling strategic alternative. Market participants are increasingly adopting a “defensive posture” against a possible downturn – pivoting to segments