News
AMD, MRVL, MU Stocks Hit 52-Week Highs: What Drove The Chip Stocks Higher?
2+ hour, 1+ min ago (332+ words) Shares of semiconductor companies Advanced Micro Devices Inc. (AMD), Marvell Technology Inc. (MRVL), and Micron Technology Inc. (MU) surged to 52-week highs on Thursday, fueled by surging artificial intelligence demand for chips. AMD stock rose more than 1%, climbing to an…...
Michael "Big Short" Burry Leans Into "Bombed Out" MSFT, PYPL, ADBE Stocks While Shorting Chip Rally
2+ hour, 44+ min ago (450+ words) Ace investor Michael Burry on Thursday disclosed a new position in Microsoft Corp. , while adding to holdings in Adobe Inc. , Pay Pal Holdings Inc. , and'stock market indices operator MSCI, Inc. He also signaled a bearish view on chipmakers, betting the…...
INTC: Intel Corp Latest Stock Price, Analysis, News and Trading Ideas
5+ hour, 1+ min ago (127+ words) Stocktwits " Reported GAAP EPS of -$0. 73 down -284. 21% Yo Y " Reported revenue of $13. 58 B up 7. 18% Yo Y " Intel forecasts second-quarter 2026 revenue between $13. 8 B and $14. 8 B. Intel expects GAAP EPS of $0. 08 and non-GAAP EPS of $0. 20, with non-GAAP gross margin approximately 39. 0%. Intel achieved 7% revenue growth,…...
SKLZ Stock Soars To Its Highest In 33 Months After Winning A $420m Lawsuit
7+ hour, 14+ min ago (312+ words) Skillz (SKLZ)stock more than tripled to its highest since July 2023, after it won a $420 million judgment in a court case against its rival and Israel-based mobile gaming platform Papaya Gaming, after a jury ruled in its favor against allegations…...
CAR Records Worst Day Since 2006 As "Most Structurally Violent Short Squeeze Since Game Stop" Unravels
4+ hour, 49+ min ago (273+ words) Shares of Avis Budget Group (CAR) suffered their worst trading day in nearly two decades on Thursday after a Fugazi Research report exposed the collapse of an artificial short squeeze and laid bare the company's deep financial distress. The stock…...
BX Beats Q1 Earnings Expectations, But Its Private Credit Funds Generate No Returns
4+ hour, 50+ min ago (317+ words) Blackstone (BX) stock dropped 6% on Thursday but recovered slightly after-hours after its private credit business's zero returns offset optimism around better-than-expected earnings and dividend announcement. BX's private credit and insurance business, which accounts for 35% of the firm's total assets under…...
NKE Stock Ticks Higher After Hours on Second Round of Layoffs In 2026
32+ min ago (345+ words) Shares of Nike (NKE) edged up after hours on Thursday following a report that it is cutting approximately 1, 400 roles, about 2% of its global workforce, in its second round of layoffs this year, with the majority concentrated in the company's technology…...
NOW Stock's Plunge Today Takes 2026 Losses To 45% " Analyst Warns Penalty For Missteps Is Severe As AI Startups Ramp Up Enterprise Offerings
12+ hour, 51+ min ago (1715+ words) Invesco QQQ Trust Series 1 SPDR S&P 500 ETF Shares of Service Now Inc. (NOW) fell more than 17% in Thursday morning's trade, extending the stock's 2026 losses to over 45% after the company reported its first-quarter (Q1) results on Wednesday after the closing bell....
World's Largest Stablecoin Issuer Freezes Record $344 M On Tron Network
13+ hour, 29+ min ago (343+ words) Tether (USDT) said on Friday that it supported the freeze of more than $344 million in USDT across two Tron (TRX) addresses, confirming an earlier on-chain blacklist action that appears to be one of the largest in the company's history. The…...
LMT Stock On Track To Register Eighth Consecutive Session Of Losses " Lockheed Remains Confident About Meeting 2026 Guidance
7+ hour, 53+ min ago (428+ words) Shares of Lockheed Martin Corp (LMT) fell over 5% on Thursday, and are on track to register their eighth consecutive session of losses despite soaring demand for its arms. Lockheed Martin reported its first-quarter (Q1) earnings on Thursday. The firm posted earnings…...