Rivian Automotive Inc (NASDAQ: RIVN) rallied more than 15% today after the electric vehicles (EV) specialist showcased bold plans to accelerate its push into autonomous driving.At its inaugural “Autonomy & AI Day”, the company unveiled a proprietary autonomy processor, a full artificial intelligence (AI) driving stack, and a self-driving subscription…
Like a thrilling corporate drama, the battle for Warner Bros Discovery acquired a sensational new subplot last week when, not willing to let go, Paramount Skydance made a comeback with a $108.4 billion all-cash hostile bid for the studio powerhouse, just days after WBD had sealed a deal with Netflix.…
Apple Inc. (NASDAQ: AAPL) faces frequent criticism for lagging in artificial intelligence innovation compared to aggressive moves by Microsoft, Google, and Meta.However, 2026 will finally mark the giant’s entry into an “AI revolution”, argues Wedbush’s senior analyst, Dan Ives.Ives maintained his “outperform” rating on AAPL shares this week, raising his…
The Dow Jones Industrial Average climbed to another record on Friday as investors continued to rotate out of technology shares and into value-oriented sectors. The 30-stock index gained 114 points, or 0.2%, while the S&P 500 slipped 0.1% and the Nasdaq Composite declined 0.3%.Broadcom fell 6% despite beating fourth-quarter expectations…
Broadcom stock (NASDAQ: AVGO) plummeted nearly 9% on Friday after the chipmaker warned that surging AI revenue would carry lower profit margins.The development disappointed investors who had been betting on the company’s transition into custom chips for hyperscalers.Friday’s sell-off came despite the company beating Wall Street estimates with fiscal Q4…
Nvidia stock (NASDAQ: NVDA) continues to trade in red for the fourth straight session as a wave of profit-taking swept across semiconductor stocks.The artificial intelligence stocks are witnessing a broader volatility after Oracle’s disappointing cloud revenue guidance and a stark margin warning from Broadcom that exposed uncomfortable truths about AI…
Shares of Fermi plunged 40% on Friday after the data-center real estate investment company disclosed that a prospective anchor tenant had terminated a funding agreement tied to its marquee Texas project. The decision, affecting a commitment of up to $150 million for construction of Project Matador, marks the sharpest setback…
Silver price refreshed its record high on Friday, proving that the rally was not just Fed-driven. With the persistent economic uncertainties and geopolitical risks, investors are seeking exposure in the white metal, which they expect to rally further. This sentiment has bolstered silver ETF inflows, with November marking its highest…
Oracle stock (NYSE: ORCL) plunged 5% on Friday after Bloomberg reported that the cloud giant has pushed back the completion of several data centers being built for OpenAI from 2027 to 2028.The delay ignited fresh investor anxiety about Oracle’s $300 billion bet on AI infrastructure and its ability to convert…
Rivian Automotive Inc (NASDAQ: RIVN) rallied more than 15% today after the electric vehicles (EV) specialist showcased bold plans to accelerate its push into autonomous driving.At its inaugural “Autonomy & AI Day”, the company unveiled a proprietary autonomy processor, a full artificial intelligence (AI) driving stack, and a self-driving subscription…