Nvidia stock (NVDA) fell again on Friday as a broader technology-sector selloff continued to pressure artificial intelligence stocks, leaving the chipmaker on track for its worst weekly performance in more than a year. The stock declined about 1.5% to $192.35 in early trading. If losses hold through the close, Nvidia would finish the week down
Shares of Quantum Cyber (NASDAQ: QUCY) surged 24% on Friday after the company announced that its board had approved pursuing the acquisition of an equity stake in SpaceX (NASDAQ: SPCX). The company said the proposed investment is driven by the strategic alignment between the two firms’ defense and communications capabilities. The company said its board
World Liberty Financial (WLFI) has continued to hold its ground despite facing heightened political scrutiny in the United States, with fresh data showing that its ecosystem is expanding at a rapid pace. Notably, the World Liberty Financial’s USD1 stablecoin has now entered the top five fiat-backed stablecoins by circulating supply, highlighting continued adoption even as
Apple shares fell nearly 5% on Wednesday after the company raised prices of several Mac and iPad models, becoming one of the latest consumer technology companies to pass on soaring memory and storage costs driven by the artificial intelligence boom. The AAPL stock was down about 4.89% at the time of writing. The price increases
Shares of BlackBerry (BB) traded higher on Thursday morning after the company reported stronger-than-expected first-quarter results and raised its financial outlook for fiscal 2027. At the time of writing, BB stock was up more than 22% on the NYSE following the earnings release. The company said it achieved operating cash flow of $4.6 million in
Nvidia (NVDA) stock fell on Thursday, giving up premarket gains as investors weighed growing competition in the artificial intelligence chip market despite another wave of enthusiasm across the broader AI sector. The stock was down 1.3% at $196.76 in early trading after closing 0.5% lower in the previous session. The decline came even as memory-chip
Venice Token (VVV) remained under pressure after falling 6.2% over the past 24 hours, with bears keeping the token near the $12 level. At the time of writing, VVV traded at $12.34 after moving between an intraday low of $11.98 and a high of $13.46. Notably, today’s decline extends a broader period of weakness for
Shares of Hertz Global Holdings plunged on Wednesday after the car-rental company warned that second-quarter earnings are tracking toward the lower end of its guidance range, citing unexpected weakness in the used-car market. The stock sank more than 38% during trading and was on track for its largest-ever single-day percentage decline and its lowest close
Tesla shares TSLA remained under pressure on Wednesday as investors looked ahead to the electric vehicle maker’s second-quarter delivery report while increasingly focusing on speculation surrounding a potential merger with SpaceX. Tesla stock fell 1.8% to $374.69 after declining 5.8% in the previous session. The shares have dropped nearly 13% in June and are down
Macroeconomic risks, including resurgent fears of a Fed rate hike, and valuation concerns recently sent shockwaves through the tech sector, triggering a steep sell-off that caught investors off guard. The turbulence started in Asia, where South Korea’s benchmark KOSPI index crashed by about 10%, triggering a domino effect that rapidly spread to Wall Street. Along