Truist is sticking with Reddit (RDDT) stock ahead of an earnings report that will test whether the company’s advertising momentum can outweigh concerns about its dependence on search traffic. Analyst Youssef Squali reiterated a Buy rating and $275 price target on RDDT this morning, only days ahead of its quarterly update on Thursday. The bullish
Nvidia NVDA shares climbed on Monday as enthusiasm surrounding artificial intelligence stocks returned following Anthropic’s public IPO filing. At 1:20 PM EST, Nvidia was trading at $216.5, up 2.63% from Friday’s close. The broader technology sector also advanced, with the Nasdaq Composite gaining 1.16% and the Philadelphia Semiconductor Index moving 3.68% higher. The gains come
Micron Technology stock MU rose on Monday as investors assessed the memory-chip maker’s technology strategy and efforts to address concerns about competition from China’s ChangXin Memory Technologies (CXMT). Shares gained 4.2% to $914.4 in trading, extending a 2.5% advance on Friday. The moves could signal a pause in the stock’s recent decline from levels above
Anthropic made its S-1 registration statement public on Monday, 26 October 2026. The filing shows revenue of $16.29 billion for the first half of 2026, up from $1.16 billion a year earlier. The Claude developer plans to list its Class A common stock on the Nasdaq Global Select Market under the ticker “ANT”, the company
Anthropic has filed its IPO prospectus as investors assess the costs and risks of the AI boom. Oil prices edged higher amid attacks on Saudi Arabia and diplomatic efforts to ease Middle East tensions, gold rebounded ahead of the Federal Reserve’s rate decision, and Elon Musk warned that debt pressures could force AI cloud companies
US stocks closed higher on Monday as Anthropic’s IPO filing lifted sentiment towards artificial intelligence stocks, helping the S&P 500 and Nasdaq recover after two consecutive weeks of losses. Semiconductor shares led gains as investors assessed the prospects for AI-related spending ahead of a busy week featuring major technology earnings, economic data and the Federal
Anthropic’s S-1 prospectus, made public on 26 October 2026 ahead of a planned Nasdaq listing under the ticker “ANT”, has a long risk-factors section. The company warns that these risks could cause investors to lose “all or part of your investment”. Most of the coverage has focused on the $16.3 billion of first-half revenue. Below
Galaxy Digital stock has slumped sharply in recent months and is now hovering at its lowest level since April last year. It dropped to $14.68, more than 68% below its 2025 peak, erasing billions of dollars in market value. The decline may continue in the near term as crypto prices fall and AI jitters intensify.
AMD and Intel stocks rose on Friday, rebounding after a sector-wide sell-off a day earlier as investors returned to select technology shares despite weakness across the broader market. Advanced Micro Devices (AMD) gained 2%, while Intel was up 1.76%. Technology stocks advanced as investors assessed the outlook for artificial intelligence spending and semiconductor demand ahead
Crude oil prices continued their bull run, reaching its highest level since May as concerns about the escalation between the US and Iran grew. It jumped to $117, continuing a bull run that started in July when it bottomed at $70. This rally will likely continue rising in the coming weeks. Brent and WTI jumps