Economy

Economy
Economy

Here’s why the Zoom Video stock is crashing after its earnings report

Zoom Video stock suffered a big reversal this week, ending the recent bull run that pushed it to the highest level in months. It dropped by nearly 4% on Tuesday, and then by 5.7% in the premarket session. It reached a low of $95, down by nearly 15% from its highest point this year.  Zoom

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Economy

Meta stock wobbly after firm reaches $16.7B settlement in child safety trial

Meta Platforms (META) has reached a settlement to resolve claims from states that the company designed Instagram and Facebook to be addictive to children, misled consumers about the safety of its platforms, and improperly collected personal information from young users. As part of the settlement, Meta agreed to pay $16.7 billion, with California expected to

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Economy

Oklo stock analysis: Is it a buy or sell as insiders continue selling?

Oklo stock rose nearly 4% in premarket trading, extending the 12% gain from the previous session. The rebound came as investors returned to small modular reactor (SMR) stocks, including NuScale. However, Oklo still faces significant risks, which helps explain its elevated short interest and continued insider selling. Top insiders have been selling Oklo stock While

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Economy

Scotiabank stock has soared to a record high after earnings: more upside?

Scotiabank stock price continued its strong bull run this week, reaching an all-time high. BNS has jumped 30% this year and 68% over the past 12 months, outpacing the SPDR S&P Bank ETF (KBE), which has risen just 16% this year. This rally may continue in the foreseeable future, as the bank’s revenue growth is

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Economy

BofA warns of another 10% decline in chip stocks

Even as Wall Street’s broader conviction on artificial intelligence holds firm, short-term positioning fatigue is threatening to unwind the market’s most lucrative trade. Chip stocks face a sharp near-term drawdown risk, driven less by any operational stumble than by overcrowded portfolio bets colliding with macroeconomic pressure. Bank of America semiconductor analyst Vivek Arya thinks the

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Economy

Why is Alphabet stock down today?

Alphabet (GOOGL) shares fell on Wednesday as a landmark settlement between Meta Platforms and US state attorneys general placed renewed scrutiny on how YouTube protects children and teenagers on its platform. Meta’s landmark settlement over child safety would not only impose stricter limits on how teenagers use Instagram and Facebook, but could also put a

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Economy

SpaceX stock is down around 1% today, but analysts remain strongly bullish

SpaceX stock (SPCX) fell around 1% Wednesday, extending a choppy stretch in which the stock has closed lower in six of the past nine sessions. Analysts, however, see the company’s planned Louisiana expansion as a potentially significant source of upside. Morgan Stanley sees launch capacity upside Morgan Stanley analyst Adam Jonas reiterated an Overweight rating

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Economy

Bitcoin holds at $78,000 as ETF inflows support recovery

Bitcoin (BTC) price is trading in negative territory on Wednesday, holding around $78,000 and struggling to extend its recovery beyond the $80,000 level. The cryptocurrency’s recent strength has been supported by renewed institutional demand and increased activity among large Bitcoin holders, commonly known as whales. However, Bitcoin still faces significant resistance before a sustained recovery

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Economy

BMNR stock: Top 3 reasons why Tom Lee’s BitMine is about to soar

BitMine stock continued its strong comeback this week as Ethereum price soared to its highest level in months and as it neared the end of its accumulation. BMNR jumped to $24.15, up by 90% from its lowest level this year. This article explains the top reasons why the stock may be about to soar. End

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Economy

Why are Intel and AMD stocks up today?

Intel and AMD shares moved higher on Tuesday as semiconductor stocks rebounded alongside a broader recovery in US equities, with falling Treasury yields helping ease pressure on growth and technology stocks. Investors were also looking ahead to Nvidia’s upcoming earnings report, which could provide fresh signals on demand for artificial intelligence infrastructure and the broader

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