SaaSpocalypse – a fear-driven sell-off where investors worried artificial intelligence (AI) would cannibalize traditional software-as-a-service providers – is finally hitting a wall. While the iShares Expanded Tech-Software ETF (IGV) remains…
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Stock
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Shares of Advanced Micro Devices (AMD) surged sharply on Friday, rebounding from losses in the previous session. At the time of writing, the stock was up around 7% to trade…
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Nvidia stock (NASDAQ: NVDA) climbed again on Friday, extending a rally that has already pushed the stock to a fresh all-time high. NVDA touched fresh record territory between roughly $216.8…
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US equities edged higher on Thursday, supported by declining oil prices and growing optimism that a deal to end the conflict involving Iran could be nearing completion. The S&P 500…
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Shares of Tesla (NASDAQ: TSLA) climbed on Thursday, rising above the $400 mark as improved sales data from China supported investor sentiment despite ongoing concerns around the company’s long-term strategy.…
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Shares of Corning surged about 20% in premarket trading on Wednesday after the company announced a multiyear partnership with Nvidia to expand optical manufacturing capacity in the United States. The…
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Wall Street’s main indexes opened higher on Wednesday, extending a strong run fueled by optimism over a potential US-Iran peace agreement and continued enthusiasm around artificial intelligence-driven growth. Stock indices…
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US stock index futures climbed on Wednesday morning as a standout earnings beat from Advanced Micro Devices drove a 15% surge in after-hours trading, adding further momentum to a market…
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Stocks and bonds rallied on Wednesday while the US dollar weakened after a report suggested the United States and Iran were moving closer to an agreement aimed at ending the…
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Even with a few short-lived roller coaster rides, the stock market had a strong week. Though there was some selling on Friday, the S&P 500 ($SPX) and Nasdaq Composite ($COMPQ)…