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Category AI

How Apple defied the tech stocks’ rout as AI spending fears hit rivals

How Apple defied the tech stocks’ rout as AI spending fears hit rivals

Tech stocks have struggled in recent days amid fears of overspending on artificial intelligence and a sharp selloff in software and semiconductor n...
Wedbush: buy these two ‘still overvalued’ stocks amidst software rout

Wedbush: buy these two ‘still overvalued’ stocks amidst software rout

The software sector is currently weathering a violent storm, characterized by a rapid sell-off that some are calling a “SaaSapocalypse.” The panic ...
SpaceX-xAI deal sparks talk: could a Tesla-SpaceX merger be next?

SpaceX-xAI deal sparks talk: could a Tesla-SpaceX merger be next?

Elon Musk’s decision to have SpaceX acquire artificial intelligence startup xAI has sent ripples across global financial markets, reviving long-sta...
BBAI stock surges 18% today: sharp rebound or speculative bounce?

BBAI stock surges 18% today: sharp rebound or speculative bounce?

BigBear.ai (NYSE: BBAI stock) surged about 18% on Friday after a string of company announcements and heavy trading activity rekindled interest in t...
Dow jumps 1,000 points as Nvidia, Broadcom spark tech-led market comeback

Dow jumps 1,000 points as Nvidia, Broadcom spark tech-led market comeback

The Dow exploded higher on Friday, surging roughly 1,000 points as a targeted rebound in chipmakers eased a bruising week for US markets. After sev...