Dow closes above 51,000 as Dell-led AI rally lifts Wall Street
US stocks closed at record highs on Friday, capping a strong month for Wall Street as technology shares rallied on renewed optimism surrounding artificial intelligence and easing concerns over geopolitical tensions in the Middle East. The Nasdaq Composite rose 0.2% to
Forget earnings, Costco stock investors are about to get a special boost
Issaquah-headquartered Costco Wholesale (COST) ended in the “red” on May 29 after the big-box retailer’s Q3 per-share profit came in shy of Street estimates. The multinational’s total revenue surpassed $70 billion in its fiscal third quarter – handily beating the consensus
Nextpower stock jumps to record high after $365M Prevalon deal
Shares of Nextpower (NXT) surged to record highs on Friday after the clean energy company announced a deal to acquire battery energy storage firm Prevalon Energy for up to $365 million, a move that deepens its push into AI-driven energy
Here’s why the SMCI stock price is nearing a golden cross
The Super Micro Computer (NASDAQ: SMCI) stock price extended its rally on Friday as the artificial intelligence supercycle gained momentum. It jumped to $48, its highest point since November 25, up by 145% from its lowest point this year. This
AST SpaceMobile stock crashes on Blue Origin disaster: buy the dip?
AST SpaceMobile (ASTS) tumbled sharply on Friday morning after its key launch partner – Blue Origin – suffered a catastrophic rocket explosion overnight. During a scheduled static fire test last night, its New Glenn rocket experienced a malfunction and exploded on
SoFi stock warning: stablecoin faces major scaling headwinds
SoFi Technology (NASDAQ: SOFI) stock price popped on Friday after forming the highly bullish double-bottom pattern at $15. It soared to a high of $18.50, its highest point since April 28, up by 22% from its lowest point this year,
What SpaceX IPO really means for Virgin Galactic stock
SpaceX has filed its IPO prospectus, targeting a Nasdaq listing under the ticker symbol SPCX with a valuation floor of $1.8 trillion and a capital raise of $75 billion, which would make it the “largest” public offering in history. And while