The red sea washing over Wall Street today has spared few, but for the discerning investor, the “AI infrastructure bloodbath” is exposing a critical rift between hype and durability.As inflation data comes in hotter than a cooling server rack, the “speculative froth” is evaporating from the edge computing and data…
Renowned investor Michael Burry has reaffirmed his bearish position on Palantir Technologies, even as a public endorsement from Donald Trump provided temporary support to the stock.In a Substack post published on Friday, Burry revealed that he continues to hold long-dated put options against the artificial intelligence software firm.The investor noted…
Shares of Coherent Corp moved higher this week after the company unveiled advances in silicon carbide (SiC) epitaxy technology, reinforcing optimism around its role in powering next-generation AI data centers and industrial systems.The stock rose as much as 9% on April 10 following the announcement, with additional gains supported by…
Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United States and Iran prepared for critical talks aimed at stabilizing a fragile ceasefire. Oil prices remained volatile amid supply disruptions tied to the Strait of Hormuz, while Bitcoin surged past key…
Shares of Marvell Technology surged on Friday, hitting its all-time high as investor enthusiasm around artificial intelligence infrastructure and optical networking gathered pace.The stock rose more than 8% to hit a new high of $129.84, and closed at $128.49, marking its first record finish since January 23, 2025, according to…
US stocks closed mixed on Friday, with the Dow Jones Industrial Average and S&P 500 ending lower while the Nasdaq Composite posted gains, as investors remained cautious ahead of the weekend and monitored ongoing Middle East peace negotiations.The Dow fell 269.23 points, or 0.56%, while the S&P 500 slipped 0.11%.…
US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data.Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped…
White House economic adviser Kevin Hassett said on Thursday that he is confident Kevin Warsh will assume the role of Federal Reserve chairman in May, signalling a potential leadership transition at the US central bank.Speaking to Fox Business Network, Hassett stated, “I’m highly confident that that will happen,” referring to…
US Gulf Coast refiners are benefiting from some of the strongest margins in years, as disruptions to Middle Eastern oil flows during the Iran conflict boost global demand for American fuel exports.The supply shock—triggered by Iran’s blockade of the Strait of Hormuz—has hit Asian and European refiners particularly hard, forcing…
US stocks advanced on Thursday, extending their recent rally as investors grew more optimistic about a potential de-escalation in the Middle East conflict, even as oil prices remained elevated and concerns over supply disruptions persisted.All three major indexes ended higher after recovering from early session weakness, supported by signs of…