Zabih Ullah

Zabih Ullah is a seasoned finance writer with more than ten years of experience. He is highly skilled at analyzing market trends, decoding economic data, and providing insightful commentary on various financial topics. Driven by his curiosity, Zabih stays updated with the latest developments in the finance industry, ensuring that his readers receive timely and relevant news and analysis.

Intel Corporation (INTC) Receives Positive Signal from Nvidia CEO for Potential Collaboration

Intel Corporation (NASDAQ: INTC) was once a leader in PC chip-making but has faced challenges in recent years. It has fallen behind competitors such as Advanced Micro Devices (AMD) and NVIDIA Corporation (NVDA), renowned for their high-end chips. However, Intel has now received encouraging news as Nvidia’s CEO, Jensen Huang, expressed openness to working with …

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C3.ai, Inc. (AI) Stock Value Soars 125% in May Amid Strong Earnings and Bullish AI Market

The market reacts favorably to Nvidia’s earnings report and news, driving AI stock upward. What happened C3.ai, Inc. (NYSE: AI) experienced a remarkable surge of 125% in its stock value during a banner month for AI stocks. This surge came as a result of several positive developments. Firstly, C3.ai’s preliminary earnings report exceeded expectations, leading …

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Here’s Why NVIDIA Corporation (NVDA) Shares Skyrocket by 36.3% in May

NVIDIA’s impressive share surge in May brings it closer to a $1 trillion market cap. What happened NVIDIA Corporation (NASDAQ: NVDA) experienced a significant surge in its shares, climbing by 36.3% in the month of May. This remarkable jump has propelled NVIDIA’s year-to-date gain to an impressive 164.3%, bringing the chipmaker closer to reaching a …

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SentinelOne, Inc. (S) Stock Tumbles on Weak Quarterly Results and Forecast

On Friday, Shares of SentinelOne, Inc. (NYSE: S) plunged by over 35%. The significant drop was driven by the company’s quarterly earnings and forecast, which were severely impacted by a challenging economic climate and intense competition. Over half of the 30 analysts covering the stock have reduced their target prices, pointing to longer deal cycles …

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MultiMetaVerse Holdings (MMV) Stock Skyrockets, Here is What Driving the Gains

Shares of MultiMetaVerse Holdings Limited (NASDAQ: MMV) skyrocketed 231% on Friday. The phenomenal surge comes after the company disclosed its intention to acquire an equity interest in Taomee, an esteemed animation and entertainment company, in a non-binding term sheet signed with Dongzheng Ruibo (Shanghai) Investment Center (Limited Partnership) and Orient TM Ruibo Limited. However, the …

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Yunji Inc. (YJ) Stock Soars Following Release of First Quarter Financial Results

Yunji Inc. (NASDAQ: YJ) experienced a significant boost in its stock value, with shares skyrocketing by 50.87% on Friday. The surge came following the release of the company’s unaudited financial results for the first quarter, which ended on March 31, 2023. During this period, Yunji Inc. generated revenues worth RMB178.7 million (US$26.0 million). This marked …

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Telecom Stocks Takes a Hit Amidst Reports of Amazon’s Potential Entry into Wireless Market

Telecom giants AT&T Inc. (NYSE: T), Verizon Communications Inc. (NYSE: VZ), and T-Mobile US, Inc. (NASDAQ: TMUS) experienced a decline in stock prices today following surprising news. Bloomberg reports that Amazon.com, Inc. (NASDAQ: AMZN) is exploring the possibility of entering the wireless market by offering nationwide mobile phone service to its Prime members, either for …

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Carvana Co. (NYSE: CVNA) Stock Surges Following S&P Global Ratings Upgrade

Shares of Carvana Co. (NYSE: CVNA) surged by double digits for the second time this week, driven by a credit rating upgrade from S&P Global. The upgrade applies to Carvana-sponsored securitizations, which are an integral part of the company’s business model. Carvana sells its auto loans to customers instead of retaining them, making loan securitization …

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Wearable Devices Ltd. (WLDS) Stock Soars Amidst Mudra Band Manufacturing Announcement

Shares of Wearable Devices Ltd. (NASDAQ: WLDS) witnessed a remarkable surge of 35.37% on Thursday. This surge was triggered by the company’s announcement that it has started commercial manufacturing of its highly anticipated Mudra Band for the Apple Watch. The Mudra Band has garnered significant attention from customers worldwide, with thousands of preorders already received. …

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