The Qualcomm stock price continued its recent rebound in the past few days as investors bought the recent dip. The QCOM stock was trading at $175, up by over 10% from its lowest level in November, giving it a market capitalization of over $187 billion. Qualcomm’s growth is continuing The Qualcomm stock price has jumped
The European Commission has opened a new investigation into Google, turning its attention to how the company’s artificial intelligence services may affect competition across the digital economy. Regulators in Brussels want to understand whether Google has shaped the AI landscape in ways that make it harder for rivals to compete and whether publishers’ material is
Indian food delivery platform Swiggy Ltd. has opened a major share sale to institutional investors, aiming to raise up to Rs 10,000 crore ($1.1 billion) as it strengthens its position in the rapidly expanding quick-commerce market. The move comes just a year after the company’s public market debut and reflects growing pressure on delivery firms
At a time when the stock markets across the world are focusing on artificial intelligence, long-term players are also looking at sectors that will power the future of the AI space, most notably nuclear energy. The year 2025 was massive for nuclear energy stocks, which saw exponential growth on the backs of AI boom and
Structure Therapeutics stock (NASDAQ: GPCR) rocketed above 103% Monday, trading near $70, after the clinical-stage biotech released promising mid-stage results for its oral obesity drug, aleniglipron. The surge, which nearly doubles the company’s market cap in a single session, signals that Wall Street sees a viable new contender in the lucrative weight-loss market. The development
CoreWeave stock price has rebounded modestly in the past few days, moving from last month’s low of $65.43 to the current $88. Still, the stock remains much lower than the year-to-date high of $186, meaning that it has erased billions in market capitalization as its valuation dropped from $89 billion to the current $67 billion.
Marvell Technology (NASDAQ: MRVL) tanked more than 10% this morning following reports it could lose Microsoft (NASDAQ: MSFT) as an artificial intelligence (AI) customer. According to “The Information”, the hyperscaler is considering shifting from MRVL to AVGO for custom AI chips – a move that could reshape competitive dynamics in custom silicon. Investors are bailing
Apple’s senior leadership ranks are undergoing their most significant upheaval in years, even as one of the company’s most influential executives sought to halt speculation about his own future. Johny Srouji, Apple’s senior vice president of hardware technologies and longtime leader of its custom silicon efforts, told employees he has no plans to depart. “I
US stocks pulled back on Monday as investors turned cautious ahead of the Fed rate-cut decision on Wednesday. The S&P 500 fell 0.3% and the Nasdaq slipped 0.1% ahead of the Federal Reserve’s final policy meeting of the year. The Dow Jones Industrial Average gave up 246 points (about 0.5%) by midday. The modest midday
Amid an ongoing fierce rivalry over the artificial intelligence space, the United States is mulling over the idea of allowing Nvidia to sell its H200 AI GPUs to China. According to a new report from Semafor, the Commerce Department plans to greenlight the chip, which is roughly 18 months behind Nvidia’s cutting-edge models. The development