Intel (NASDAQ: INTC) has won a major legal victory after a judge dismissed a shareholder lawsuit related to the company’s $32 billion market value decline. The lawsuit, filed by investors, accused Intel of misleading shareholders about its competitive position and manufacturing setbacks, which they claimed led to significant financial losses. The case centered around allegations…
In a last-minute decision, former President Donald Trump has granted a one-month exemption from auto tariffs for Canada and Mexico, temporarily easing tensions in the North American automotive industry. The move comes as automakers, suppliers, and trade groups raised concerns over the potential economic fallout of increased tariffs on imported vehicles and parts. The decision…
Rigetti Computing (NASDAQ: RGTI) has released its Q4 2024 earnings report, revealing a mix of financial struggles and technical progress, but with a major $100 million partnership that could provide much-needed momentum. The quantum computing firm, which has been working to develop commercially viable superconducting quantum processors, reported a revenue increase but ongoing losses, reflecting…
Palantir Technologies (NYSE: PLTR) is under pressure as a combination of market volatility and concerns over defense spending weigh on investor sentiment. The stock has seen a pullback in recent trading sessions, reflecting wider market uncertainty and fears that potential cuts in government contracts could impact future growth. As a company known for its AI-powered…
Super Micro Computer (NASDAQ: SMCI) has been one of the biggest beneficiaries of the AI revolution, with demand for its high-performance server solutions skyrocketing. As companies rush to adopt AI-driven data centers and cloud computing, Super Micro has positioned itself as a key supplier of high-efficiency, AI-optimized server infrastructure. The company’s stock has seen incredible…
Tesla’s stock has been on a rollercoaster, soaring 84% post-election before plummeting 40%, raising concerns among investors. The dramatic swings highlight how much the company’s market performance is being influenced by CEO Elon Musk’s political involvement, alongside broader economic and industry challenges. Following the election, Tesla benefited from optimism around electric vehicle (EV) incentives, AI…
Intel has successfully fended off a shareholder lawsuit that accused the company of misleading investors about $7 billion in losses tied to its foundry business. A judge dismissed the case, ruling that investors failed to prove that Intel had intentionally misrepresented financial risks related to its semiconductor manufacturing division. The lawsuit stemmed from Intel’s struggles…
Super Micro Computer Inc. (NASDAQ: SMCI) is riding the AI wave, but its stock has been anything but stable. Despite strong revenue growth and increasing demand for its high-performance AI servers, the company is experiencing sharp market fluctuations, leaving investors questioning what’s next. Super Micro has positioned itself as a key player in AI computing,…
Tesla is making a major push into the energy storage business, announcing plans to build a massive new Megafactory near Houston, Texas. This latest expansion signals the company’s growing ambitions beyond electric vehicles, as it aims to become a dominant force in renewable energy and battery storage solutions. The Houston-area facility will focus on producing…
As Palantir Technologies (NYSE: PLTR) enjoys a strong rally, a recent insider stock sale is catching investor attention. A Palantir director has sold $1.74 million worth of shares, sparking speculation about whether this is simply a routine sale or a signal that the stock may be overheating. Palantir’s stock has been on an upward trajectory,…