The semiconductor trade has been one of Wall Street’s hottest stories of the decade. The relentless demand for artificial intelligence infrastructure pushed the valuations to unprecedented highs, with the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) up 82.98% year to date. However,…
U.S. stock futures were mixed this morning, with the Nasdaq 100 futures gaining more than 100 points on Wednesday. Shares of FedEx Corp (NYSE:FDX) fell sharply in pre-market trading following fourth-quarter results. FedEx reported better-than-expected earnings for the fourth quarter…
Modular Medical, Inc. (NASDAQ:MODD) said its Pivot tubeless insulin patch pump is now commercially available in the U.S., marking its transition to a commercial-stage medical device company. The launch also represents the beginning of real-world patient use of the company’s…
FuelCell Energy, Inc. (NASDAQ:FCEL) shares are trading higher Wednesday after the company announced a strategic agreement with Fit Energy for up to 380 MW of clean power for data centers. The Agreement Under the terms of the deal, FuelCell Energy…
Super Micro Computer, Inc. (NASDAQ:SMCI) stock moved higher in premarket trading Wednesday as investors returned to growth and artificial intelligence-related stocks. The stock gained nearly 2% before the opening bell. The broader market also showed strength, with Nasdaq futures rising…
Cerebras Systems Inc. (NASDAQ:CBRS) shares are trading lower Wednesday after the company reported first-quarter financial results on Tuesday after the market closed. Cerebras shares are approaching critical lows. Why are CBRS shares at support? Q1 Highlights Cerebras reported an adjusted loss…
SanDisk Corp. (NASDAQ:SNDK) stock rose in premarket trading Wednesday after the stock tumbled 13.6% in the previous session amid a broad selloff across semiconductor stocks. The rebound came as investors turned their attention to upcoming results from Micron Technology Inc.…
Sen. Rand Paul (R-Ky.) said Tuesday that he has subpoenaed Dr. Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases and a key public face of the U.S. COVID-19 response, to testify before the Senate Homeland…
White House has denied reports that President Donald Trump was given access to an experimental weight-loss drug, retatrutide, under the FDA’s “compassionate use program”. A STAT News report published Tuesday suggested that Trump had been given Eli Lilly and Co.‘s (NYSE:LLY)…
President Donald Trump is set to sign the 21st Century ROAD to Housing Act on Capitol Hill on Wednesday, a bipartisan U.S. federal legislation aimed at solving the nation’s severe housing shortage. Years-Long Push Pays Off Press Secretary Karoline Leavitt…