Wedbush makes a strong case for buying the dip in Planet Labs stock
San Francisco-headquartered Planet Labs (PL) tanked on Friday morning after the company issued full-year guidance that disappointed some growth-hungry investors. The satellite imagery specialist posted a record Q1 revenue of $94.2 million and scaled its backlog further, but structural margin adjustments
Intel, AMD stocks slide again in aftermath of Broadcom’s weak outlook
Shares of Intel Corp. and Advanced Micro Devices extended their declines on Friday as a sharp selloff across semiconductor stocks gathered pace, with investors continuing to react to Broadcom's weaker-than-expected artificial intelligence outlook. The broad-based retreat came after Broadcom's fiscal second-quarter
Coinbase stock falls as Baird flags weak trading volumes and valuation risks
Shares of Coinbase Global COIN moved lower on Friday after Baird reiterated its Neutral rating on the cryptocurrency exchange operator but lowered its price target, warning that weak trading activity could continue to weigh on the business. Coinbase stock fell nearly
DocuSign stock falls as cautious outlook overshadows earnings beat
Shares of DocuSign Inc. DOCU moved lower on Friday after the electronic signature and agreement management software provider offered guidance that left investors looking for stronger signs of accelerating growth. DocuSign stock fell 6% in trading, extending a three-session losing streak
ServiceTitan stock soars 7% after blockbuster earnings, outlook hike
Shares of ServiceTitan TTAN climbed sharply on Friday after the software company delivered stronger-than-expected quarterly results and raised its full-year outlook. The results drew a fresh round of bullish commentary from Wall Street analysts. The stock rose more than 7% in trading. The
Nvidia stock crashes another 3% today: why Computex failed to spark a rally
Nvidia (NVDA) stock fell on Friday as investors weighed a stronger-than-expected US jobs report, weakness across semiconductor stocks, and lingering questions about the company's newest growth initiatives unveiled at Computex. Shares of the AI chipmaker dropped 3.6% to $210.04 in early
OpenAI commits to compliance with Trump’s AI review order
OpenAI has confirmed that it will comply with an executive order signed by US President Donald Trump that calls on artificial intelligence companies to allow the federal government to assess the capabilities of their AI models before they are released. Speaking
FTSE 100 rises as inflation concerns ease despite Middle East tensions
The UK's FTSE 100 rose on Friday, outperforming several global markets amid a broader risk-off sentiment, as investors found reassurance in fresh data indicating that inflationary pressures linked to the Middle East conflict may be less severe than previously feared. The
Dow slips as strong US jobs data sparks chip selloff, hits Nasdaq
US stocks moved lower on Friday as a stronger-than-expected May jobs report dampened expectations for interest rate cuts and triggered renewed selling across semiconductor stocks. The Dow Jones Industrial Average was up 20 points while the S&P 500 fell about 0.6%,
Lululemon tumbles after forecast cut; analysts see prolonged turnaround ahead
Lululemon Athletica LULU shares fell sharply on Friday after the athletic apparel retailer lowered its annual profit outlook and issued weaker-than-expected sales guidance, deepening investor concerns about the pace of its turnaround efforts. The stock dropped nearly 9% in early trading