Memory and storage stocks came under heavy selling pressure on Monday after Chinese memory chipmaker ChangXin Technology Group (CXMT) made a blockbuster stock market debut, and reports emerged that China has begun manufacturing domestically developed deep ultraviolet (DUV) lithography machines. The twin developments heightened investor concerns that China’s semiconductor industry is rapidly closing the technology
Shiba Inu coin price has pulled back after one of its strongest rallies in recent months, but on-chain data suggests investors are still positioning for another move higher. The meme coin recently climbed above $0.0000050 before encountering profit-taking, while a wave of token withdrawals from centralized exchanges has drawn fresh attention to its near-term outlook.
General Motors GM shares rose about 3% on Monday after Jefferies upgraded the automaker to Buy from Hold and raised its price target to $99 from $90, citing growing confidence in the company’s long-term earnings and cash flow prospects. The brokerage increased its earnings estimates for 2026 through 2028 by about 6% after GM’s second-quarter
Tesla TSLA shares extended their decline on Monday despite broader market optimism following easing tensions between the United States and Iran. The electric vehicle maker’s stock traded as high as $317 before falling to around $307.58 in trading, down about 1.74%. The decline came even as Wall Street showed signs of recovery, with the Dow
China’s memory-chip maker CXMT made a blockbuster stock market debut with shares surging 465%, while Nvidia remained in focus amid reports of a potential financing role in OpenAI’s data center expansion. US President Donald Trump said the United States and Iran were engaged in talks to end the conflict despite continued regional tensions, and gold
Microsoft (MSFT) shares are inching higher heading into the giant’s fiscal Q4 earnings scheduled to be released after market close on Wednesday, July 29th. Wall Street has set a high bar for MSFT, with consensus estimates set at $87.42 billion for revenue, representing a 14.4% year-on-year increase – and $4.21 per share for earnings, reflecting
The Dow Jones Industrial Average and the S&P 500 ended higher on Monday, while the Nasdaq Composite closed lower as weakness in semiconductor stocks offset gains in other sectors ahead of a pivotal week for corporate earnings, inflation data and the Federal Reserve’s interest rate decision. The Dow gained 262.83 points, or 0.51%, to close
Crude oil prices pulled back on Hyperliquid as the US and Iran paused their recent attacks. The West Texas Intermediate (WTI) dropped to $86.82 from last week’s high of $93, while Brent, the global benchmark, fell to $98. So, is this the start of a new retreat? US and Iran paused their strikes Crude oil
President Donald Trump paused his attacks against Iran after 13 consecutive days of intense strikes as top advisors warned about the fading stockpiles of key defense munitions and the impact of the strikes on pushing Iranians back to the negotiating table. Trump has paused his attacks against Iran According to Axios, Trump ordered the military
Uber stock price is in a free fall this year and is trading at the lowest level since April last year. It has plunged by over 35% from its highest point since September last year. This retreat has pushed its market capitalization from a record high of $206 billion to the current $134 billion. So,