Sen. Bernie Sanders (I-VT) has expressed his support for President Donald Trump's plan to convert U.S. grants to chipmakers into government equity in these firms.
Global financial markets are currently experiencing a significant ripple effect from the trends observed in the United States, with a notable tech-led selloff on Wall Street sending tremors across continents. This interconnectedness has led to a general decline in major Asian indices, while European shares have exhibited a more mixed
The artificial intelligence (AI) boom, which propelled tech stocks to unprecedented highs throughout late 2023 and early 2024, is now facing a significant reality check. A growing wave of skepticism regarding the sustainability of the AI frenzy, largely ignited by a recent MIT report highlighting limited returns on generative AI
The technology sector is currently experiencing a significant and persistent sell-off, dragging down major market indices like the Nasdaq Composite and S&P 500 for the second consecutive day. This downturn, particularly pronounced around August 19-20, 2025, has instilled a palpable sense of anxiety among investors, who are re-evaluating growth
Wall Street concluded August 20, 2025, with a decidedly mixed performance, reflecting a cautious investor sentiment ahead of key economic indicators and anticipated remarks from Federal Reserve Chair Jerome Powell. While the technology-heavy Nasdaq Composite and the broader S&P 500 experienced declines, the Dow Jones Industrial Average managed to
Beauty products company Coty (NYSE:COTY) reported Q2 CY2025 results exceeding the market’s revenue expectations, but sales fell by 8.1% year on year to $1.25 billion. Its non-GAAP loss of $0.05 per share was significantly below analysts’ consensus estimates.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Wednesday and discover the stocks that are dominating the trading activity and setting the pace for the market.
Shares of digital banking platform Nubank (NYSE:NU) jumped 3.7% in the afternoon session after receiving a rare double upgrade from Citi, which significantly boosted its rating on the stock. The firm issued a rare double upgrade, shifting its rating on the stock from “Sell” all the way to “Buy” and doubling its price target to $18 from $9. This dramatic shift in perspective follows Nu Holdings' strong second-quarter performance, which showed robust profit and revenue growth. Citi cited the potential for an earnings boost as a key reason for the change.
The technology sector, long a beacon of growth and innovation, is currently navigating a turbulent period, marked by significant declines in the stock values of industry giants such as Nvidia (NASDAQ: NVDA), Broadcom (NASDAQ: AVGO), Meta Platforms (NASDAQ: META), and Tesla (NASDAQ: TSLA). This downturn has sent ripples across the
The race for AI dominance heats up as NVIDIA navigates China's export controls and secures deals with Saudi Arabia, potentially adding $1 trillion to the global market. Wall Street is watching closely.
Security and healthcare technology company OSI Systems (NASDAQ:OSIS) will be announcing earnings results this Thursday before market hours. Here’s what to expect.
