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Coherent, Plexus, TTM Technologies, Cogent, and Amphenol Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Why Dell (DELL) Shares Are Falling Today
Shares of computer hardware and IT solutions company Dell (NYSE:DELL) fell 5.7% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Why Ingram Micro (INGM) Shares Are Trading Lower Today
Shares of IT distribution giant Ingram Micro (NYSE:INGM) fell 2.6% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Why Pure Storage (PSTG) Stock Is Falling Today
Shares of data storage solutions provider Pure Storage (NYSE:PSTG) fell 4.6% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Super Micro (SMCI) Stock Trades Down, Here Is Why
Shares of server solutions provider Super Micro (NASDAQ:SMCI) fell 4% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Why NetApp (NTAP) Stock Is Down Today
Shares of data storage company NetApp (NASDAQ:NTAP) fell 2.7% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Amkor, Seagate Technology, Semtech, and Photronics Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after investors grew concerned over the profitability timeline of artificial intelligence (AI) investments following financial reports from industry giants.
RH (RH) Stock Trades Up, Here Is Why
Shares of luxury furniture retailer RH (NYSE:RH) jumped 7.8% in the afternoon session after the company reported decent third-quarter financial results, where it met revenue expectations.
Why Bel Fuse (BELFA) Shares Are Falling Today
Shares of electronic system and device provider Bel Fuse (NASDAQ:BELFA) fell 3.1% in the afternoon session after reports revealed that Mexico approved new import tariffs that could affect the electronics industry.
Tilray (TLRY) Shares Skyrocket, What You Need To Know
Shares of cannabis company Tilray Brands (NASDAQ:TLRY) jumped 40.8% in the afternoon session after reports suggested the Trump administration planned to ease federal restrictions on marijuana by reclassifying it as a less dangerous substance.