Derrick Patel6 min read
Cerebras Systems fell over 18% after guiding for full year gross margins of 38% to 41%, well below its first quarter figure and far behind Nvidia and AMD. The stock…
Derrick Patel5 min read
Wendy's stock surged 29.5% on June 21 after a viral WallStreetBets post, but with no business news behind the move and a CFO transition underway, the question is whether the…
Derrick Patel7 min read
Micron Technology shares fell 2.59% to $1,026.09 as investors braced for quarterly earnings amid a 13% preselloff, sky-high analyst targets, and a DRAM shortage Goldman Sachs calls the worst in…
Arnold Tucker5 min read
Qualcomm is spending $3.92 billion in stock to acquire Modular, an AI software startup whose hardware-agnostic platform could help the chipmaker challenge Nvidia's stranglehold on data center AI development tooling.
Jamie Foster5 min read
Silver has tumbled 6.8% in a single session, with the iShares Silver Trust hitting near its 52-week low and an RSI of 27. Here is what is driving the selloff…
Derrick Patel6 min read
Crude oil has shed nearly 40% from its wartime peak as Strait of Hormuz traffic recovers and Iranian supply could return. But the peace deal still has major gaps. Here…
Brandon Garcia5 min read
Trump canceled the signing of the 21st Century ROAD to Housing Act hours before the ceremony, leaving the first major housing bill since the financial crisis in limbo. Home prices…
Katelyn Marshall5 min read
FedEx beat Wall Street on revenue and profit in its fiscal fourth quarter, but the stock is hovering near 52-week lows after 2026 guidance disappointed. Here is what the market…
Jorge Hernandez5 min read
Qualcomm is acquiring AI software startup Modular in a $3.92 billion all-stock deal, pitching itself as a challenger to Nvidia's CUDA dominance. QCOM shares fell nearly 4% on the news…
Derrick Patel5 min read
Micron Technology shares fell 3.01% to $1,022.50 as rival SK Hynix filed to raise $29.65 billion on Nasdaq, a move that could put two memory giants side by side for…