Stocks
EDA Market Set to Hit $3.7B as Chip Talent Shortage Drives AI Adoption
Latest News
Stocks
IBM Stock Plunges 25% in Historic Rout: Analysts Split on Recovery Path
IBM suffered its worst single-day drop in history, losing 25% and $70 billion in market cap. Analysts are divided on the stock's outlook as enterprise spending shifts toward AI hardware.
Stocks
Dow Adds 150 Points as Big Tech Surges on Cooling PPI, Easing Fed Rate Worries
The Dow gained 150 points as softer-than-expected producer inflation data and robust earnings from BlackRock and PayPal lifted investor sentiment, with Big Tech stocks rallying while semiconductor shares declined.
Markets
Anthropic Targets October IPO as Trump Intensifies Iran Strikes; Gold Steadies, Oil Volatile
Anthropic prepares for a potential October IPO, while Trump escalates Iran strikes, disrupting the Strait of Hormuz. Gold steadies on soft PPI data, and oil remains volatile amid supply concerns.
Stocks
Coinbase, Circle Rise as Analysts Flag Bitcoin-Linked Recovery Potential
Coinbase and Circle shares rose Wednesday as William Blair highlighted their upside leverage to a bitcoin recovery, while ARK Invest added more Circle shares.
Stocks
Trump's Portfolio Managers Favor Nvidia Over Micron in AI Bet
President Trump's financial disclosures reveal his portfolio managers are selling Micron stock and buying Nvidia, favoring the AI leader over the memory chip maker amid valuation concerns.
Crypto
Celestia Labs Acquires Sovereign Labs to Enable High-Performance Custom Blockchains
Celestia Labs acquires Sovereign Labs to integrate its leading SDK and team, enabling end-to-end development of high-performance custom blockchains for internet-scale applications.
Stocks
SpaceX Stock Dips Below $135 IPO Price Amid Post-Listing Volatility
SpaceX stock slipped below its $135 IPO price on Wednesday, continuing a volatile post-listing period. Despite the decline, over 80% of analysts rate the stock a buy, with an average price target of $238.
Stocks
AMD Drops 6% Amid Chip Selloff, Yet Analysts Raise Targets on AI Demand
AMD shares fell 6% amid a broad chip selloff, but multiple Wall Street firms raised price targets, citing AI accelerator demand and easing supply constraints.
Forex
Base Markets Launches with $2 FX Commissions and Transparent Execution Model
Base Markets launches as a regulated multi-asset CFD broker with $2 per side FX commissions, transparent pricing, and a focus on execution quality over promotional noise.
AEHR Stock Surges 4x in 2026: Why Post-Earnings Rally May Be a Sell Opportunity
Aehr Test Systems stock surged after blowout Q4 earnings and FY2027 guidance nearly triple consensus, but a 48x P/S rati
Microsoft Stock Gains 2% as Evercore Lifts Target, Analysts Eye AI Capex
Microsoft stock rose 2% on Wednesday as Evercore ISI boosted its price target to $525, citing AI investment and cloud mo
Alibaba Shares Surge 6% as Apple Taps Qwen AI for China iPhone Features
Alibaba shares rose more than 6% after Apple confirmed its Qwen AI model will power Apple Intelligence features in China
Dow Climbs 148 Points as PPI Drop and BlackRock, PayPal Earnings Boost Sentiment
US stocks advanced Wednesday as softer-than-expected June PPI data and strong earnings from BlackRock and PayPal lifted
Lucid Stock Rebounds After Denying Bankruptcy, But Cash Burn Persists
Lucid Group stock rebounded 2% after denying bankruptcy rumors, but the company's Q1 net loss exceeded $1 billion and ca
BlackRock Stock Surges 5% on Q2 Earnings Beat, Record $15.3T AUM
BlackRock shares jumped 5% after Q2 earnings, revenue, and AUM all topped estimates, with record $15.3 trillion in asset
Hedera HBAR Price Forecast: Bonzo Exploit vs Lloyds Adoption
Hedera's HBAR token is caught between a $9M DeFi exploit at Bonzo Lend and a landmark institutional adoption by Lloyds B
Zoomex World Cup X Space: Mascherano on Argentina's Edge, Team Dynamics, and Charity
Zoomex hosted its fourth World Cup Edition X Space with Javier Mascherano, who analyzed Argentina's resilience and team
MEXC Captures Second Place in TradFi Perpetual Futures with $323.9B Volume, CoinGecko Report Shows
MEXC ranked second in TradFi perpetual futures volume with $323.9B, according to CoinGecko's TradFi on Crypto Exchanges
Bitrue Launches Explainable AI Trading Tool Amid 333% Surge in AI-Linked Futures Volume
Bitrue has launched an explainable AI trading tool that creates personalized crypto strategies in about 10 seconds, as A
AlphaX Launches Global Zero-Fee Trading Across Traditional Finance and Crypto Markets
AlphaX rolls out a global zero-fee trading initiative covering TradFi perpetual futures, crypto spot, and crypto futures
Bonk Surges 8% on CPI Relief: Can Bulls Clear the $0.0000040 Hurdle?
Bonk rallied on softer US inflation data, with open interest climbing to $6.28M. Bulls now target the $0.0000040 resista
Pepperstone Expands Perpetual CFDs to Gold, Indices as 24/7 Trading Gains Traction
Pepperstone expands perpetual CFDs to gold, indices, and oil, reflecting a shift toward 24/7 markets as annual volumes t
FTSE 100 Slips 0.1% as Middle East Tensions Offset Energy Rally
The FTSE 100 dipped 0.1% as Middle East tensions pressured markets, with energy stocks rising on oil gains but precious
Nasdaq Futures Jump 150 Points as PayPal Takeover Bid and ASML Outlook Lift Sentiment
U.S. stock futures climbed Wednesday, led by a 150-point gain in Nasdaq futures, as PayPal's $53 billion takeover approa
DeepSeek Targets $70B Valuation in New Funding Round, Weighs Shanghai IPO
DeepSeek is in early talks for a new funding round at around a $70B pre-investment valuation, following its $7B Series A
Kospi Surges 7% as US Inflation Drop Sparks Broad Asia Rally, Chip Stocks Lead
Asian stocks surged Wednesday as a surprise drop in US inflation eased rate hike fears, with South Korea's Kospi jumping
Evening Digest: Trump Scraps Hormuz Fee, DeepSeek Preps IPO, Gold & Oil Rally
Trump withdraws proposed 20% Hormuz transit fee in favor of Gulf state investments; DeepSeek begins IPO prep; gold climb
US Producer Prices Drop 0.3% in June as Energy Costs Plunge, Easing Inflation Fears
US producer prices fell 0.3% in June, defying expectations as energy costs plunged 6.4%, offering fresh signs of easing
US CPI Drops 0.4% in June as Energy Costs Plunge, but Geopolitical Risks Loom
US consumer prices fell 0.4% in June, the steepest monthly decline since April 2020, as energy prices tumbled. However,
New York Enacts One-Year Moratorium on Large Data Centers Amid Energy and Environmental Concerns
New York has imposed a one-year moratorium on large data centers (50+ MW) to address concerns over rising electricity co
AI-Driven Stock Rally Diverges from Sluggish US Economy: Moody's Explains
US stocks are booming near record highs, but the economy grows at a muted 2% pace. Moody's chief economist Mark Zandi ex
AI Chip Boom Reshapes South Korea's Economy and Widens Wealth Gap
South Korea's AI memory chip boom, led by Samsung and SK Hynix, is driving record exports and wealth, but widening inequ
China Targets 30% NEV Fleet Share by 2030 in Ambitious Carbon Plan
China's State Council unveiled a carbon-peaking plan targeting NEVs to account for 30% of total vehicle fleet by 2030, r