5 days ago

Synopsys (SNPS) Plunges Nearly 12% Amid Broader Chip Stock Selloff

Synopsys (SNPS) stock dropped 11.7% Friday amid a tech selloff. The chip design company plans to exit legacy software as shares hi...

5 days ago

Cadence Design Systems (CDNS) Stock Plunges 10% Despite Strong Buy Upgrade from...

Cadence Design Systems (CDNS) stock plummeted 10% to $327 on Friday. Benchmark issued Strong Buy rating. Q1 earnings surpassed est...

5 days ago

Michael Burry Targets Hong Kong Tech Giants After Historic Market Divergence

Michael Burry signals Hong Kong tech stocks like Alibaba and Tencent are undervalued after double-digit losses this year while AI-...

5 days ago

Meta Platforms (META) Recruits Amazon AWS Leader Dave Brown for Infrastructure E...

Meta (META) stock drops 5.4% as AWS veteran Dave Brown joins to oversee data center expansion. Company invests $125B-$145B in AI i...

5 days ago

Broadcom (AVGO) Insider Dumps $19.5M in Stock Following Apple Partnership News

Broadcom CLO sells $19.5M in stock after Apple deal boost. AVGO down 20% from peak as Erste downgrades to Hold on valuation concer...

5 days ago

UnitedHealth (UNH) Stock Soars 8% as Medical Cost Ratio Beats Wall Street Estima...

UnitedHealth (UNH) stock jumped 8% on Q2 EPS of $6.38 vs. $4.91 expected. Medical-cost ratio fell to 86.7%, driving upgraded guida...

5 days ago

Databricks Raises $3B in Coatue-Led Round, Soars to $188B Valuation on Surging A...

Databricks closes $3B funding round led by Coatue at $188B valuation, a 40% increase from February. AI revenue hits $1.7B annualiz...

5 days ago

Airbus Secures Massive $17.8B Aircraft Deal From Three Chinese Airlines

Airbus secures $17.8B order for 95 jets from Air China, Shenzhen Airlines, and Hainan Airlines, further widening its lead over Boe...

5 days ago

Fifth Third Bancorp (FITB) Shares Rally on Strong Q2 Earnings Beat Driven by Com...

Fifth Third (FITB) stock climbed 1.6% after reporting Q2 profit of $763M and adjusted EPS of $1.02, beating estimates on strong Co...

5 days ago

AST SpaceMobile (ASTS) Stock Plunges 50% — Is Now the Time to Buy?

AST SpaceMobile (ASTS) stock tumbled 50%+ from May peaks. B. Riley upgrades to Buy with $85 target after $1B bond sale sparked inv...