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Nasdaq slips as investors await Alphabet, Tesla earnings, chip stocks fall

US stocks opened lower on Wednesday as weakness in semiconductor stocks and higher oil prices weighed on investor sentiment ahead of a crucial day of corporate earnings led by Alphabet, Tesla and other major technology companies. The Dow Jones Industrial Average gained 78 points, or 0.15%. The S&P 500 declined 0.12%, while the Nasdaq Composite

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Pi Network price forecast: Will Protocol v25 boost overcome token unlock pressure?

Pi Network has staged a notable recovery after falling to a fresh all-time low earlier this month, but the next phase of its price action may prove far more difficult. At the time of writing, PI is trading at $0.09119, down 1.9% over the past 24 hours but still 10.7% higher over the last seven

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HyroTrader named Best Crypto Prop Firm at Web3 Awards

HyroTrader, a crypto prop firm headquartered in Prague, has been named Best Prop Trading Firm at the CoinGape Web3 Innovation Awards 2026. The recognition rewards the company’s exchange-connected funding model for digital asset traders and arrives as demand for funded trading accounts continues to climb across the crypto industry. The CoinGape Web3 Innovation Awards honor

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MarketAxess stock gets oversold ahead of earnings: buy or sell?

MarketAxess stock has been in a steep decline this year and is now hovering near its lowest level in more than a decade. Shares were trading at $114.24 on Monday, down 81% from their all-time high, wiping out much of the company’s value as its market capitalization plunged from more than $21 billion to about

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Nvidia stock: what does it need to get its mojo back

Nvidia (NVDA) stock traded modestly higher on Monday, but investor attention is increasingly shifting toward the upcoming earnings season, where major technology companies are expected to provide fresh updates on artificial intelligence spending. Shares of the AI chipmaker rose 0.93% to $204.69 on Monday, although the gain trailed the 1.8% advance in the PHLX Semiconductor

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Why is Alphabet stock gaining today?

Alphabet (GOOGL) shares climbed about 3% on Monday after a report said Google is developing a new AI server chip designed specifically to run its Gemini models more efficiently. According to The Information, the chip, internally codenamed “Frozen v2,” would permanently embed parts of Gemini’s architecture into the silicon. The design is intended to reduce

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FTSE closes lower as Andy Burnham unveils cabinet

UK stocks closed lower on Monday as investors weighed continued geopolitical tensions in the Middle East alongside the appointment of Andy Burnham as the United Kingdom’s new prime minister and the formation of his cabinet. The FTSE 100 declined 0.7%, marking its biggest one-day fall in about two weeks. The FTSE 250 slipped 0.3%, while

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Dow falls 290 points as Nasdaq steadies on chip rebound, earnings focus

US stocks ended mixed on Monday as investors balanced hopes of easing in the US-Iran conflict against uncertainty ahead of a crucial week of corporate earnings. While semiconductor stocks rebounded from last week’s selloff, broader market sentiment remained cautious. The Dow Jones Industrial Average fell 297 points, or 0.57%, to close at 51,848.96. The S&P

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Dow falls nearly 400 points as chip selloff deepens, Wall Street posts weekly loss

US stocks closed lower on Friday, capping a weak week for Wall Street as a deepening selloff in semiconductor stocks and renewed concerns over artificial intelligence spending weighed on investor sentiment. The decline came despite a strong start to the second-quarter earnings season, with rising geopolitical tensions in the Middle East adding to market uncertainty.

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Nvidia, Micron lead 4 cash-rich stocks with rising profit forecasts

Some of Wall Street’s fastest-growing companies are turning expansion into something more tangible: cash. Nvidia, Micron Technology, CrowdStrike and Palo Alto Networks have each reported sharp increases in operating or free cash flow while management or analysts lifted profit forecasts. That combination provides stronger confirmation than an earnings beat alone because cash is available for

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