H&M shares fell 6.6% after the retailer forecast March sales growth of just 1%, missing analyst estimates of 1.8%, despite beating Q1 profit expectations.
Browsing: Stocks
Gold dropped 1.5% Thursday on U.S.-Iran uncertainty, oil above $100, and Fed rate-cut expectations evaporating. What’s driving the precious metal selloff?
Wave Life Sciences (WVE) stock plummeted 30% after Phase 1 obesity trial data revealed modest results, raising doubts about WVE-007’s competitive edge.
SpaceX may file for a historic $1.75T IPO soon. Space stocks including AST SpaceMobile (ASTS) and Rocket Lab (RKLB) surged on the announcement.
Chewy (CHWY) stock jumped 13% after issuing strong 2026 revenue guidance and announcing AI cost savings. Here’s what investors need to know.
IBM (IBM) quantum computer successfully simulated magnetic material KCuF3, matching physical lab results in a breakthrough achieved years ahead of expectations.
Jim Cramer says Micron (MU) stock needs a bigger pullback before it’s a buy, despite 335% yearly gains and booming AI chip demand driving growth.
Oil prices jump 4% to $106 as Iran-US talks fail, Strait of Hormuz stays closed, and BlackRock forecasts potential $150 spike. Energy market analysis.
Samsung and SK Hynix stocks tumbled after Google introduced TurboQuant AI memory compression. Experts say long-term demand fundamentals stay strong.
Porsche SE (PSHG) shares fell 2.7% after reporting €2.9B in adjusted earnings, down 9% year-over-year, as Volkswagen challenges weigh on results.
Pony AI (PONY) shares rose 2.81% pre-market after beating Q4 estimates and announcing an Uber robotaxi partnership launching in Croatia.
Meta and Google found liable for $6M in youth social media addiction case. LA jury rules platforms caused harm to children and teens. Both plan appeals.
ARK Invest sold $11.2M in Meta (META) and Roku (ROKU) shares, purchasing $4.1M in Tempus AI. Tempus now ranks as ARKK’s third-largest position.
Reflection AI seeks $25B valuation in $2.5B funding round backed by Nvidia (NVDA). JPMorgan may invest. Details on sovereign AI strategy and market impact.
Broadcom (AVGO) partners with OpenAI on custom AI chips and reveals $100B+ orders for FY2027. Analysts see 48% upside despite recent 24% decline.