SpaceX hit by surging AI costs as insiders prepare to sell their shares
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly…
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Category: Business
Broadcom stock is on the cusp of a breakout despite lingering valuation concerns
Broadcom stock has jumped to its highest level since June 4 as investors buy the dip in technology companies. AVGO jumped to $418, up by 17% from its lowest point…
Realty Income, Energy Transfer, JEPQ, and SCHD: A good portfolio for income?
Investors seeking reliable income have no shortage of options today. For the most risk-averse, short-term bonds are currently offering annual yields of more than 4%, although they provide little to…
SpaceX stock rises ahead of earnings: what are options and technicals signaling?
SpaceX stock will be in focus later today as the company reports its first earnings since going public. Shares rose to $114.45 on Monday, recovering modestly from their record low…
Marvell Technology stock: what analysts expect ahead of earnings
Marvell Technology stock has tumbled sharply in recent weeks, mirroring the broader selloff across leading semiconductor stocks. After soaring to a record high of $329.48, the shares have fallen by…
Top DRAM ETF stocks to watch this week: Western Digital, SanDisk, Micron
The Roundhill Memory ETF (DRAM) has come under intense selling pressure recently as concerns about the memory and technology sectors escalated. It dropped to $50 on Friday, down over 33%…
Wix stock has become a bargain amid SaaSpocalypse fears as earnings loom
Wix (NASDAQ: WIX) stock has come under intense pressure this year as investors grew concerned that the rise of AI-powered “vibe coding” could disrupt its website-building business. After peaking at…
New York sues Kalshi, says its prediction markets are illegal gambling
New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in…
Crude oil price tumbles on Hyperliquid as Trump TACOs on planned Iran attacks
Brent and WTI crude oil prices slipped sharply on Hyperliquid after President Donald Trump halted the planned attacks against Iran, citing requests from Iran and other Middle East countries. WTI…