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Why Kura Sushi (KRUS) Stock Is Up Today
Shares of sushi restaurant chain Kura Sushi (NASDAQ:KRUS) jumped 4.2% in the afternoon session after investors reacted to the company's ongoing expansion efforts, which included a new restaurant opening and plans for further growth.
Why Coupang (CPNG) Shares Are Getting Obliterated Today
Shares of online platform company Coupang (NYSE:CPNG) fell 5.1% in the afternoon session after the company faced mounting pressure from the fallout of a major data breach that led to the CEO's (the Korean subsidiary, not at the parent company Coupang, Inc.) resignation.
Why GameStop (GME) Stock Is Trading Up Today
Shares of video game retailer GameStop (NYSE:GME) jumped 6% in the afternoon session after the company poached a former Best Buy spokesperson, TikTok influencer Rilie Huntley, for a new ad campaign.
Agilysys, Guidewire Software, Teradata, Zoom, and 8x8 Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after investors grew increasingly concerned that the billions of dollars being invested into artificial intelligence may not generate sufficient profits.
HubSpot, nCino, Rapid7, and Health Catalyst Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after investors grew increasingly concerned that the billions of dollars being invested into artificial intelligence may not generate sufficient profits.
Workday, Qualys, RingCentral, Sprout Social, and DigitalOcean Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after investors grew increasingly concerned that the billions of dollars being invested into artificial intelligence may not generate sufficient profits.
Upland Software, JFrog, Elastic, C3.ai, and Tenable Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after investors grew increasingly concerned that the billions of dollars being invested into artificial intelligence may not generate sufficient profits. This sentiment fueled fears of a potential "AI bubble," leading to a significant downturn in the technology-heavy Nasdaq Composite index. The selloff was intensified after chipmaker Broadcom warned that increased sales of AI systems could lead to thinner profit margins, causing its stock to tumble. Subsequently, the broader market questioned whether the massive spending on chips and data centers would produce a worthwhile return on investment. This uncertainty caused a market recalibration, with investors rotating capital out of more speculative tech stocks and into more stable assets.
Upstart, Zeta Global, SoundHound AI, Salesforce, and DocuSign Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after investors grew increasingly concerned that the billions of dollars being invested into artificial intelligence may not generate sufficient profits.
Why 3D Systems (DDD) Stock Is Trading Up Today
Shares of 3D printing company 3D Systems (NYSE:DDD) jumped 3.9% in the afternoon session after the company announced it received U.S. Food and Drug Administration (FDA) 510(k) clearance to expand its VSP Orthopedics platform to include skeletally mature adolescents.
Why Compass (COMP) Shares Are Sliding Today
Shares of real estate technology company Compass (NYSE:COMP) fell 4% in the afternoon session after reports surfaced that Google tested a feature to show home sales listings directly in its search results, sparking fears of new competition.