US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued momentum in artificial intelligence-linked semiconductor stocks despite persistent inflation concerns. The Dow Jones Industrial Average rose 387 points, reclaiming the 50,000 level it reached earlier this year. S&P 500 gained about 0.34%,
Shares of Nvidia (NVDA) climbed to another record high on Thursday, extending a powerful rally fueled by optimism around artificial intelligence demand, easing restrictions on chip sales to China, and expectations of another blockbuster earnings report later this month. The stock rose by 2.6% at the market open to cross the $231 mark after closing
Applied Materials stock price has been in a strong bull run and is trading near its record high. AMAT was trading at $431, a few points lower than the record high of $447. It has soared by 156% in the last 12 months and 275% in the last five years. Analysts are upbeat about AMAT
Tilray Brands stock price remains in a freefall this year and is now trading at its lowest level since July 9 last year. It recently lost the crucial support level at $5.95, and is down by over 76% from its highest point in October last year. So, is it safe to buy the dip? Tilray
The Schwab US Dividend Equity (SCHD) ETF has remained on edge in the past few days and is now hovering near its all-time high of $32.15. It has soared by 20% in the last 12 months and is about 4% in the last 30 days. It has slowly formed a highly bullish chart pattern, which
Chinese artificial intelligence model developers rallied sharply on Wednesday after Nvidia Chief Executive Officer Jensen Huang joined US President Donald Trump on his visit to Beijing, fuelling hopes that China could gain wider access to the chipmaker’s advanced semiconductors. Shares of MiniMax Group Inc. closed about 18% higher, while Knowledge Atlas Technology Joint Stock Co.
Solana-based PreStocks tied to Anthropic and OpenAI have plunged this week after both artificial intelligence firms warned that unauthorised share transfers conducted through tokenized structures and special-purpose vehicles may be invalid and carry no shareholder rights. According to statements published by Anthropic and OpenAI earlier this week, the companies do not recognise transfers of their
Danmarks Ishockey Union (DIU) has named Concordium as the Official AI Partner of the Danish National Ice Hockey Team. The partnership will launch during the 2026 IIHF Ice Hockey World Championship in Switzerland. The collaboration will focus on two joint initiatives built on Concordium’s AI infrastructure. The first is a Verified Fan Programme, which will
US stocks opened subdued on Wednesday after another stronger-than-expected inflation report reinforced expectations that the Federal Reserve may keep interest rates elevated throughout the year, while a rebound in semiconductor stocks helped support technology-heavy indexes. The Dow Jones Industrial Average fell 230 points, or 0.46%, while the S&P 500 slipped 0.04%. Nasdaq Composite outperformed, gaining
Shares of Alibaba Group fell more than 2.5% in premarket trading on Wednesday after the Chinese technology giant reported mixed quarterly results, with revenue growth supported by artificial intelligence demand but profitability sharply hit by aggressive investment spending. Alibaba posted a 3% rise in fiscal fourth-quarter revenue, as its cloud and AI businesses continued to