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Kulicke and Soffa, Lam Research, Monolithic Power Systems, MACOM, and FormFactor Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after investors reacted to news of Google's new TurboQuant algorithm, a tool that threatens to significantly reduce memory requirements for artificial intelligence models.
Photronics, Micron, Western Digital, Himax, and Amkor Shares Plummet, What You Need To Know
A number of stocks fell in the afternoon session as investors reacted to news of Google's new TurboQuant algorithm, a tool that threatens to significantly reduce memory requirements for artificial intelligence models.
Why Is Insight Enterprises (NSIT) Stock Soaring Today
Shares of IT solutions integrator Insight Enterprises (NASDAQ:NSIT) jumped 6.6% in the afternoon session after its positive momentum continued following the announcement of a major leadership shake-up, tapping former Accenture executive Jack Azagury as its next President and CEO.
Why Braze (BRZE) Stock Is Up Today
Shares of customer engagement platform Braze (NASDAQ:BRZE) jumped 6.8% in the afternoon session after the stock's positive momentum continued as it posted strong fiscal fourth-quarter results that beat revenue forecasts, offered a robust outlook, and announced a share repurchase program.
Red Rock Resorts, PlayStudios, Bark, fuboTV, and Funko Shares Plummet, What You Need To Know
A number of stocks fell in the afternoon session after geopolitical uncertainty and a sharp rise in oil prices weighed on broader market sentiment.
Brinker International, Wingstop, Shake Shack, and Dutch Bros Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after investors weighed the impact of surging oil prices and broader economic fears stemming from the conflict in Iran.
Lindblad Expeditions, Viking, and Paramount Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after geopolitical uncertainty and a sharp rise in oil prices weighed on broader market sentiment. The S&P 500 dropped by 1%, with the Dow and Nasdaq also seeing declines as conflict in Iran intensified. Tensions around the crucial Strait of Hormuz, a key channel for a fifth of the world's oil supply, pushed global energy prices higher. A barrel of Brent crude oil surged 4.9% to $101.98, a significant increase from its pre-war level of around $70. Rising energy costs can impact consumer spending by reducing disposable income, which often leads to concerns for companies in the retail, travel, and leisure industries.
Reddit, Meta, Roku, Snap, and Pinterest Shares Plummet, What You Need To Know
A number of stocks fell in the afternoon session after a Los Angeles jury found major social media platforms negligent, ruling that their products are designed to be addictive and cause harm to young users.
SoFi and Interactive Brokers Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after persistent geopolitical tensions in the Middle East created uncertainty for investors.
Why WisdomTree (WT) Stock Is Falling Today
Shares of asset management firm WisdomTree (NYSE:WT) fell 3.2% in the afternoon session after persistent geopolitical tensions in the Middle East created uncertainty for investors.