Palantir Technologies stock increased in the pre-market trading Thursday after securing a $250 million contract with the US Defense Department to spearhead research and development in artificial intelligence (AI) and machine learning (ML) technologies. This newly inked three-year contract underscores …
Micron Technology stock fell in the after-hours trading Wednesday after forecasting a wider-than-expected loss for the current quarter, indicating that an industry slump still holds its grip on the US memory chip-making giant. Micron Technology, Inc. (NASDAQ: MU) has projected …
Micron Technology Stock Plummets on Bleak Q1 Forecast Read More »
Shares of Rivian Automotive, Inc. (NASDAQ: RIVN) have surged in pre-market trading Wednesday following a favorable coverage update by Baird Equity Research, which labeled the company as a “bullish Fresh Pick.” Baird Equity Research reaffirmed its coverage of Rivian with …
Shares in AMC Entertainment Holdings (NYSE: AMC) skyrocketed on Monday as CEO Adam Aron voiced his optimism about the future of the movie theater industry amid promising developments in the 146-day-long writers’ strike negotiations. The Writers Guild of America has …
Shares of NIO Inc. (NYSE: NIO) fell on Monday following reports of a possible $3 billion fundraising effort. According to insider sources cited by Bloomberg, the Chinese automaker has initiated discussions with potential investors in the Middle East to secure …
NIO Inc. (NYSE: NIO) Stock Takes a Hit Amid Speculation of $3 Billion Capital Raise Read More »
Shares of The Walt Disney Company (NYSE: DIS), Paramount Global (NASDAQ: PARA), and Netflix, Inc. (NASDAQ: NFLX) surged in pre-market trading on Monday following a new tentative agreement reached between the Hollywood screenwriters and top studios. This move will resolve …
Activision Blizzard, Inc. (NASDAQ: ATVI) shares rose in pre-market trading as Microsoft’s revamped $69 billion acquisition deal for Activision inches closer to receiving antitrust approval from UK regulators. The Competition and Markets Authority (CMA) has stated that the updated proposal …
Amazon stock plummets today as a series of developments weigh heavily on the tech giant’s financial prospects. Firstly, an analyst at Wells Fargo predicts that Amazon.com, Inc. (NASDAQ: AMZN) will have a challenging fourth quarter, projecting a $2 billion decline in operating income. …
Amazon Stock Faces Steep Decline Amidst Growing Headwinds Read More »
Marvell Technology, Inc. (NASDAQ: MRVL) shares are soaring in early trading hours amid reports that suggest the company could take over as the primary supplier of AI chips for tech giant Google within the next three years. According to a …
Alibaba Group stock is witnessing a pre-market decline, mirroring the broader trends in indices like IShares China Large-Cap ETF (FXI) and KraneShares Trust KraneShares CSI China Internet ETF (KWEB). Alibaba Pictures Group recently announced its intent to acquire a majority …
Alibaba Group Stock Follows Market Trends Amidst Pony Media Holdings Acquisition Read More »
