Meta stock is tumbling
Digest more
Tech-heavy index now off more than 10% from its peak as hopes of a quick Iran war resolution temper
The complaint alleges Super Micro Computer failed to disclose sales of servers to Chinese companies in violation of export-control laws.
The Facebook parent company faces new regulatory risks that are sparking fears of a Big Tobacco-style crackdown. But investors may be overreacting.
Most Wall Street analysts think Amazon (NASDAQ: AMZN) and Palantir Technologies (NASDAQ: PLTR) shares are undervalued. Amazon's median target price of $285 per share implies 37% upside from its current share price of $208.
Investors have a fickle relationship with Micron after repeatedly getting burned by the cyclical memory business. Maybe not this time.
Nvidia gave investors plenty of things to be excited about at its recent conference, but the stock remains in negative territory this year.
It was a tough day for U.S. stocks as the Dow Jones Industrial Average and S&P 500 both fell over 1%, and the Nasdaq Composite entered a correction
Micron's stock has historically moved in cycles as the memory sector experiences price swings due to inventory fluctuating between shortages and gluts. As recently as 2022, the company was losing more than $1 billion a year, and it just made nearly $14 billion in profit in a single quarter.
Micron reported a phenomenal quarter earlier this month, but the market is heavily discounting the stock due to concerns over unpredictable cyclicality.
Zee Business provides the latest business news such as Indian stock market news and Updates, sensex live news & nifty news. Check out the personal finance news from the world of business including BSE,
As the AI market transitions from the highly compute-intensive training phase to high volume inference phase Intel’s role may expand.
Wall Street is coming off a losing session in which higher oil prices and spiking Treasury yields weighed on equities.