SoFi stock price tanked by over 6% in the extended hours as concerns about increased dilution continued. It dropped to $27.7 from the closing price of $30, and 15% below the highest point this year. So, is the ongoing sell-off warranted? SoFi stock price tanks amid dilution fears SoFi, a top American fintech, came under
Hewlett Packard Enterprise (NYSE: HPE stock) tumbled 9% on Friday after the company revealed that its blockbuster AI server story is hitting speed bumps. The development came as HPE reported its Q4 earnings, which displayed a mixed picture. The company posted solid profit margins but a revenue shortfall that signaled trouble ahead. HPE missed Wall
While bears dominated the broader crypto market on Friday, IOTA took it to X to celebrate ten years of operation by opening a new chapter, one that prioritizes institutional-level engagement, regulatory alignment, and scaling. According to today’s, December 5, official blog, BitGo has added support for IOTA’s Mainnet, consequently offering American businesses a compliant and
The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled DocuSign, a company that thrived during the
Nigel Farage’s Reform UK has received its largest-ever donation, with businessman Christopher Harborne handing the party £9 million in August, according to new Electoral Commission filings. The contribution, one of the biggest by a living person to a British political party, arrives ahead of crucial local and national assembly elections scheduled for May next year.
Dow futures pointed higher on Thursday, as they edged over 60 points with the investors looking hopeful about another rate cut by the Federal Reserve. The futures tied to other Wall Street indices also gained as S&P futures were trading 0.09% up, while Nasdaq futures were 0.13% up at press time. Easing Treasury yields, softer
Snowflake stock (NYSE: SNOW) continued its plunge in the pre-market trading on Thursday, after delivering a textbook “beat-and-drop” performance on Wednesday night. The 8% pre-market drop came after the company posted its third-quarter results that comfortably topped Wall Street estimates yet failed to satisfy a market hungry for perfection. The data-cloud giant reported revenue of
Cambricon Technologies Corp. is preparing a major production increase for 2026 as China’s artificial intelligence hardware sector accelerates efforts to replace Nvidia Corp.’s technology. According to a Bloomberg report, the Beijing-based chip designer plans to more than triple its output next year, aiming to take market share from Huawei Technologies Co. and meet rising domestic
Alphabet’s growing focus on its own AI chips is changing how investors view the race for leadership in the semiconductor industry, a Bloomberg report said on Thursday. What began as an internal effort to support Google’s AI models and cloud workloads is now shaping expectations across the wider market. The company’s tensor processing unit chips
Palantir has unveiled Chain Reaction, a new operating system designed for the expanding world of American AI infrastructure. The launch comes at a time when the country’s AI ambitions are increasingly tied to the stability of its power networks, turning energy capacity into the biggest limiting factor in technological growth. As data centres multiply and