Shares of Nvidia fell roughly 4% in early Thursday trading, even as major technology companies signalled a sharp increase in spending on artificial intelligence infrastructure — a development that would typically benefit the chipmaker. The decline highlights growing investor caution around

Plug Power stock retreated by over 10% on Thursday, erasing the gains made on Wednesday. It crashed to the important support level at $3 as investors started to book profits. Still, it remains much higher than the year-to-date low of

Shares of Qualcomm surged on Thursday as investors looked past a modest earnings beat and focused instead on the company’s growing ambitions in data center chips and signs of a potential recovery in the smartphone market. The stock jumped more than

Hertz (NASDAQ: HTZ) is ripping higher on Thursday morning after announcing an expanded multi-year agreement with Uber Technologies (NASDAQ: UBER). The core this deal involves HTZ’s subsidiary, Oro Mobility, becoming a primary fleet management partner for UBER’s autonomous robotaxi program. Following today’s

Shares of Alphabet Inc. surged on Thursday after the company delivered a strong first-quarter earnings report, easing investor concerns over its rising capital expenditure tied to artificial intelligence infrastructure. The stock gained 7.74% to $374.22, its 52-week high, as markets responded

Shares of Microsoft fell sharply on Thursday, dropping around 5% to $402.37 in early trading, as investors reacted to the company’s elevated capital spending outlook despite strong cloud growth and an earnings beat. The decline came even as broader markets showed

Caterpillar reported stronger-than-expected first-quarter earnings on Thursday, driven by robust demand across its construction and power generation businesses, with shares rising nearly 6% in premarket trading. The industrial giant, widely viewed as a bellwether for global economic activity, posted earnings per