Latest News
SpaceX Starlink Threat Sends AT&T Shares Down 4.4% Amid Fiber Doubts
AT&T shares tumbled 4.4% after Oppenheimer downgraded the stock, warning that SpaceX's Starlink satellite internet could threaten its broadband and mobile growth, despite AT&T's fiber expansion and $250 billion network investment.
Mirion Defies Market Downturn, Nuclear Focus Drives Gains
Mirion shares climbed 1.1% on strong volume as nuclear safety catalysts offset a broad market selloff and mixed earnings signals.
McDonald's Unveils 'NEXT' Strategy to Win Back Diners with Chicken and Automation
McDonald's shares fell 1.1% after unveiling its NEXT strategy, which emphasizes chicken, automation, and value to lure budget-conscious diners. Investors are waiting for financial details as risks of higher costs loom.
CrowdStrike Beats Q1 Estimates, Shares Fall on Rising AI Costs
CrowdStrike shares plunged about 8% after hours on Wednesday, even as the cybersecurity firm beat Q1 revenue and earnings estimates and raised its full-year outlook, with AI-related costs climbing.
POET Technologies Surges on AI Optics Demand, Legal Cloud Remains
POET Technologies shares surged 12% to $15.47 on heavy volume, driven by AI optics optimism and a Lumilens deal, but legal risks from a class action suit persist.
Meta Stock Soars 4% on AI Business Agent Launch for WhatsApp, Messenger, Instagram
Meta shares jumped 4.2% to $622.80 after launching an AI business agent across its messaging apps, signaling new paid products as 2026 capex rises to $145 billion.
Sandisk Hits All-Time High as AI Storage Demand Surges
Sandisk shares soared 8% to a record high on AI storage demand, with Q3 revenue up 97% and data-center sales surging 233%. Morgan Stanley warns memory price hikes are expanding beyond data centers.
Wall Street Retreats as Oil Surge and Fed Jitters Rattle Markets
U.S. stocks retreated from record highs as rising oil prices and geopolitical tensions reignited inflation concerns, with the Dow shedding 582 points and traders pricing in a 40% chance of a Fed rate hike by year-end.
Wall Street Slumps as Oil Surge, Rising Yields Spark Broad Selloff
The Dow fell 582 points as oil prices surged near $100 and Treasury yields climbed, triggering a broad market selloff. IBM and Salesforce were the biggest drags, while AI chip stocks showed resilience.
Medtronic Shares Surge on Strong Q4, Guidance Weighs
Medtronic shares jumped 5.4% after beating Q4 estimates on strong heart-device sales, but fiscal 2027 guidance missed due to tariff and diabetes split uncertainty.
Oklo Shares Dive After CEO's Pre-Arranged Stock Sale Disclosure
Oklo shares fell 10% after an SEC filing disclosed CEO Jacob DeWitte sold 200,000 shares under a pre-arranged plan, highlighting investor sensitivity to insider sales despite positive nuclear fuel news.
Apple Stock Slips as WWDC AI Showdown Nears
Apple shares declined 1.8% to $309.67 as investors grew cautious ahead of the June 8 WWDC, where AI is expected to be a key focus. Analyst opinions are split, making the event a crucial test for Apple's valuation and future iPhone demand.