In just over two months, Trump-linked stocks and cryptocurrencies have shed more than $1 billion from the Trump family’s net worth. The development has erased a year’s worth of speculative gains and exposed the fragility of bets anchored to personality rather than fundamentals. The impact is visible across the spectrum as the $TRUMP meme coin
Nvidia stock (NASDAQ: NVDA) moved nearly 2% higher on Thursday, outpacing a mixed broader market. While the magnitude of the move might seem modest for a stock known for its volatility, the catalyst is drawing outsized attention. The uptick comes on the heels of a high-profile meeting between Nvidia CEO Jensen Huang and US President
Adobe stock price has been in a freefall in the past few years as it continued to underperform the broader stock market. ADBE was trading at $325 today, Dec. 4, down by over 50% from its pandemic highs. Its market cap has dropped from $341 billion at its peak to $138 billion today. Adobe shares
Q/C Technologies In (NASDAQ: QCLS) soared another 60% on Thursday morning after former pharmaceutical executive Martin Shkreli touted the company as a “long idea”. According to him, the photonic computing firm could be trading at $100 per share, and that too in the near-term. The bold forecast suggests QCLS stock could more than 12x from
BigBear.ai (NYSE: BBAI stock) surged roughly 12% on Thursday, snapping a weeks-long consolidation in a high-volume move. While volatility is standard for this small-cap AI name, the double-digit rally suggests the market is finally digesting the upside of its recent strategic pivot. The central question is whether this pop marks a genuine sentiment shift driven
Tesla stock (NASDAQ: TSLA) is trading on the right side of the tape Thursday, posting modest intraday gains and signaling a potential shift in near-term sentiment for year-end trading. The move followed fresh Trump administration overtures toward robotics acceleration and persistent technical support above the 50-day moving average. While the jump reflects early-December optimism in
Moore Threads’ blockbuster Shanghai debut has ignited talk of a credible Chinese challenger to Nvidia. The Beijing-based chipmaker has raised roughly ¥8 billion ($1.1 billion) with shares soaring more than 500% on the first day. The massive rally displays that the investors have high confidence about China bridging the technology gap faster than skeptics expect.
With hybrid and other flexible work models becoming a defining feature of India’s corporate landscape, business travel is emerging as more indispensable than ever. A Deloitte report projects the corporate travel market to grow at a 10.1% CAGR, doubling to US$20.8 billion by FY2030. Meanwhile, India’s overall travel market is expected to reach US$97 billion,
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