Broadcom stock plunges 6% today: is the AI trade cracking?
Broadcom stock (NASDAQ: AVGO) plunged about 6.6% in heavy trading on Tuesday as investors digested worries that rapid AI-driven sales could squeeze margins. Tuesday’s slide took the Broadcom stock price to roughly $309 a share from the prior session’s close near
Nintendo shares slide after revenue miss as memory chip costs pressure outlook
Nintendo shares plunged more than 10% in Tokyo on Wednesday after the gaming giant missed market estimates for quarterly revenue and flagged mounting headwinds from an unprecedented shortage of memory chips, even as profit growth remained strong. Shares were recently 12%
Analysis: Oil extends gains as escalating US-Iran tensions threaten $15+ surge
Oil prices extended gains on Wednesday as tensions between the US and Iran escalated, raising fears of supply disruptions. Renewed tensions have surfaced between the US and Iran following the US downing of an Iranian drone that was operating close to
Gold back over $5,100/oz, silver surges 5% as US-Iran tensions escalate
Renewed geopolitical tensions between the US and Iran pushed gold prices higher on Wednesday, extending the yellow metal’s recent upward trend. This safe-haven buying contributed to the gains, following gold’s previous session, which marked its best single day since 2008. The already
Morning brief: Asian stocks slide as tech sell-off deepens, Nvidia–OpenAI deal nears
Asian markets traded mostly lower on Wednesday, tracking a broad sell-off in US technology stocks overnight, while gold extended gains for a second session. Investor sentiment across the region was weighed down by losses in global tech, fresh uncertainty around
Polymarket takes crypto offline with free grocery store push in New York City
Polymarket is stepping away from screens and apps and into the physical world. The crypto-based prediction market platform is opening a free grocery store in New York City, pairing the initiative with a major donation aimed at tackling food insecurity. Announced
IoT Data Collection in ATEX Environments
Key Insights (AI-assisted): Tightening integration between intrinsically safe hardware and modern connectivity is shifting hazardous-area IoT from niche pilots to scalable deployments. As ATEX smartphones gain full cellular, GNSS, and sensor stacks, the bottleneck moves from device capability to interoperability with