Three Magnificent Seven stocks are entering July with fresh catalysts that could matter as Q2 earnings season approaches.Alphabet, Amazon and Nvidia are not cheap in the traditional sense. But each has a clear reason investors are paying attention right now: Alphabet’s cloud growth has accelerated, Amazon is showing rare pricing…
Scottish Mortgage Trust share price has jumped in the last three consecutive days, reaching its highest level since June 22, helped by the ongoing SpaceX stock rebound. SMT jumped to 1,470p, up by 8.46% from its lowest point this year. So, is this investment trust a good buy today?Scottish Mortgage…
Microsoft is preparing to cut thousands of jobs as early as next week, according to a Business Insider report, in another sign that Big Tech’s AI spending boom is coming with a human cost.The cuts are expected to affect less than 2.5% of Microsoft’s roughly 2,28,000 full-time employees.Xbox layoffs had…
The FTSE 100 Index remained in a tight range in June as investors focused on the UK’s political situation, Bank of England (BoE) action, and the US and Iran situation. It rose to 10,500 points, up by 3.70% from its lowest level in June. This article explores the top Footsie…
BlackBerry Ltd (BB) has undergone a massive fundamental transformation, culminating in its Q1 earnings beat on June 24th.Driven by a 26% year-on-year increase in the QNX software division and the first positive operating cash flow in nine years, BB shares hit a new 52-week high of $12.15 on Monday morning.However,…
Applied Materials (AMAT) shares drew investor attention on Monday, rising more than 10% after KeyBanc Capital Markets issued early commentary ahead of the company’s upcoming third-quarter earnings. The move came as markets reassessed expectations around the semiconductor equipment maker’s near-term performance and longer-term growth outlook tied to artificial intelligence infrastructure…
Shares of Palantir Technologies (PLTR) rose on Monday as investors welcomed a new artificial intelligence partnership with Nvidia (NVDA), extending the stock’s recovery after it snapped a seven-day losing streak last week.Palantir stock advanced more than 3% to $116.45 after gaining 5.3% on Friday. The rebound follows a difficult month…
Analysts turned increasingly bullish on Quantinuum on Monday after the company’s post-initial public offering (IPO) quiet period expired. Several brokerages initiated coverage, highlighting the quantum computing company’s long-term growth potential.The quiet period had prevented IPO underwriters from publishing research reports, ratings, or valuation targets on the stock. With that restriction…
Shares of Super Micro Computer Inc. SMCI fell sharply on Monday after Taiwanese authorities reportedly raided the company’s offices.The raids were part of an expanding investigation into the alleged smuggling of Nvidia artificial intelligence chips into China through Super Micro servers.The stock dropped more than 9% during afternoon trading before…
US stocks ended sharply higher on Monday, with the Dow Jones Industrial Average closing above the 52,000 mark for the first time as easing geopolitical tensions and a rebound in technology shares fueled a broad market rally.The Dow gained about 306 points, or 0.59%, to finish above 52,000. The S&P…