Intel, a once-dominant player in the semiconductor industry, has fallen behind competitors like NVIDIA and AMD in recent years. Despite this, the company has a potential saving grace in the form of government backing and subsidies. With the increasing demand for semiconductors driven by artificial intelligence, Intel has the opportunity to bounce back and reclaim … Read more
Global stock markets were in the red on Tuesday as Nvidia’s sharp slump continued, causing the FTSE 100 and European stocks to dip. The chipmaker has lost over $550bn off its valuation since being named the world’s most valuable company last week. This rotation away from technology stocks also impacted the S&P 500, which was … Read more
Investor sentiment in Asian markets may be dampened on Tuesday due to profit-taking in U.S. Big Tech and AI stocks. This trend could be offset by a rotation towards cheaper and weakened sectors. While the Dow Jones reached a one-month high on Monday, the Nasdaq fell for the third consecutive day, leading to caution ahead … Read more
Here are some of the most notable stock movers in Thursday’s trading action: Stock gainers: Netflix Inc. shares NFLX, -2.68% rallied 12% after the streaming giant announced a spike in subscribers, and hiked prices on some plans, effective immediately Source link