Evening digest: Oil jumps, Disney layoffs as Intel extends AI deal
Global markets and corporate developments remained in focus on Thursday, with Donald Trump expressing optimism over a potential Iran peace deal even as ceasefire tensions persisted, oil prices rebounding on renewed supply concerns, The Walt Disney Company preparing fresh layoffs
Circle stock drops as analysts warn of margin squeeze ahead
Shares of Circle Internet Group fell sharply on Thursday after analysts at Compass Point downgraded the stock, citing concerns over a looming margin squeeze tied to its core USDC business. The stock declined 7.44% to $87.41, reversing some of its recent
Sandisk’s epic rally: can memory boom push stock to $1,250?
Shares of SanDisk continued their remarkable ascent on Thursday, as analysts pointed to sustained strength in memory demand and pricing as key drivers of further upside. The stock rose about 7.17% to $836.86, extending what has already been one of the
CEO John Giamatteo sold BlackBerry stock: here’s why you shouldn’t
BlackBerry (NYSE: BB) is pushing aggressively to the upside on April 9th after the cybersecurity and IoT firm posted a strong Q4 and issued impressive guidance for its fiscal 2027. The post-earnings rally helped BB break above its 100-day moving average
Nvidia stock jittery on Thursday as Amazon may ramp up competition
Nvidia shares were jittery on Thursday as investors questioned whether the two-week truce between the US and Iran would hold. competition The stock was up 0.7% to $183.75, after closing 2.2% higher in the previous session. The S&P 500 was