It's no surprise that Meta Platforms Inc (NASDAQ:META) and Microsoft Corp (NASDAQ:MSFT) have been on a capex spree, pouring billions into their cloud infrastructure and AI ambitions. Yet, just as the tech giants hit double-digit growth in the December quarter,…
On Friday, January 17, U.S. markets closed higher, with the S&P 500, Dow, and Nasdaq marking their strongest weekly gains in months. Optimism over economic resilience and potential Fed rate cuts, alongside robust bank earnings and upbeat homebuilding and manufacturing…
Penguin Solutions, Inc. (NASDAQ:PENG) shares are trading higher in the premarket session on Friday. On Thursday, the company revealed a strategic collaboration with SK Telecom and SK hynix. The partnership, signed during CES 2025 in Las Vegas, focuses on developing…
Broadcom Inc (NASDAQ:AVGO) could soon avail 2-nm chip samples from Japan’s Rapidus starting in June. The development marks the Japanese chipmaker’s efforts to emulate key contract chipmaker Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) strategy, which catapulted it into the trillion-dollar market cap, Nikkei…
Lucid Group, Inc. (NASDAQ:LCID) saw its shares climb in the premarket session on Tuesday following the release of fourth-quarter production and delivery results and an announcement regarding its upcoming Lucid Gravity Grand Touring SUV. According to Benzinga Pro, LCID stock has lost…
KB Home (NYSE:KBH) will release earnings for its fourth quarter, after the closing bell on Thursday, Jan. 9. Analysts expect the Los Angeles-based company to report quarterly earnings at $2.46 per share, up from $1.85 per share in the year-ago…
TScan Therapeutics, Inc. (NASDAQ:TCRX) shares are trading higher in the premarket session on Thursday. The firm announced a significant financing deal, entering into a securities purchase agreement with Lynx1 Capital Management LP and an investment fund advised by Lynx1. Under…
Bitcoin (CRYPTO: BTC) has rebounded to $102,250 after taking a nosedive on Thursday following the FOMC meeting. What Happened: Bitcoin cratered from above $105,000 before Thursday’s trading session to a low of $98,839 during U.S. night time hours. It has…
The 2024 U.S. elections didn't just reshape Washington—they reignited the cryptocurrency market, dominated by Bitcoin (CRYPTO: BTC). Since November, cryptocurrencies have rallied an impressive 65%, and according to JPMorgan analyst Kenneth B. Worthington, this surge is less about Bitcoin's volatility…
Crypto Bitcoin To Emerge As ‘Premier Store Of Value Asset,’ Hit $1 Million By 2033, Says Bernstein Bitcoin Crosses $100,000 — This Trader Predicted It At The $16,000 Bottom In November 2022 Bitcoin Crossing $100,000 Is A ‘Defining Moment,’ Experts…