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,…
Intel has successfully defended itself against a shareholder lawsuit that accused the company of misleading investors about its foundry business strategy. A judge dismissed the case, removing a potential legal obstacle as Intel continues to expand its semiconductor manufacturing operations. The lawsuit, filed by a group of investors, claimed that Intel had overstated its ability…
Shares of General Motors (GM), Ford (F), and Stellantis (STLA) surged after former President Donald Trump announced a temporary pause on auto tariffs, offering much-needed relief to U.S. automakers. The decision comes as a major win for Detroit’s Big Three, easing fears of rising production costs and potential price hikes that could have hurt both…
Elon Musk, the CEO of Tesla, has criticized India’s high automobile import taxes, which may reach 110%, as among the world’s highest. Under a potential trade agreement between the two countries, the United States wants India to remove tariffs on auto imports. However, sources told the news channel that while the administration is considering more…
Investors are becoming concerned after Palantir Technologies Inc.’s stock price dropped by 33% between February 14 and March 3. The company’s federal contracts were jeopardized due to the sell-off, which wiped almost $90 billion in market value, and reports of possible Pentagon budget cuts. Nevertheless, despite the steep fall, Palantir continues to demonstrate remarkable revenue…
Early on Thursday, S&P 500 futures were flat as the main averages recovered on expectations of tariff concessions from President Donald Trump. Futures linked to the Dow Jones Average and the broad market index saw minimal movement. Nasdaq 100 futures saw a 0.1% decline. The week has been erratic for stocks thus far. Wednesday saw…
At one point, the tech-heavy Nasdaq Composite fell more than 10% from its mid-December closing high, ending 9.4% below that top. US Stocks Face Tricky Moment as Trump’s Latest Tariffs Land: The recent tariffs imposed by President Donald Trump are causing a reckoning in the U.S. stock market. The benchmark S&P 500 closed Tuesday’s trading…
As investors reevaluate, risk, semiconductor and tech firms are under a lot of pressure as the U.S. stock market undergoes a tumultuous downturn. Palantir Technologies (NYSE: PLTR), which has experienced a massive decline amid a broader market shift away from speculative trades, is one of the greatest victims of this collapse. Palantir’s once-explosive surge is…