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Intel Stock Dips Amid Nasdaq Correction Despite New Chip Launch
Intel stock declined 1.2% to $43.58 in early Friday trading following the launch of its latest Core Ultra Series 3 processors. The release came as the Nasdaq entered correction territory and concerns over server CPU shortages in China continued.
Snap Shares Plunge on EU Child Safety Investigation, Broader Social Media Selloff
Snap Inc. shares tumbled 10.7% to $4.01 after European Union regulators announced a formal investigation into Snapchat's child protection measures. The selloff extended across the social media sector following a separate U.S. legal ruling against Meta and Alphabet.
Marathon Digital Sells $1.1B in Bitcoin to Reduce Debt, Fund AI Expansion
Marathon Digital Holdings shares gained 3.6% premarket after the company sold $1.1 billion in Bitcoin to fund a discounted debt buyback, reducing convertible obligations by approximately 30%.
Circle Stock Plunge May Be Overblown as Senate Bill Targets Stablecoin Rewards
Circle Internet Financial's stock fell a record 20% Tuesday following a Senate draft bill that limits rewards for holding stablecoins. Analysts argue the reaction was overdone, as the proposal primarily affects distributors like Coinbase, not Circle's core reserve income.
Nordea Adjusts Alphabet Holdings as Tech Sector Faces Pressure
Nordea Investment Management adjusted its Alphabet positions in Q4, increasing Class C holdings while reducing Class A shares. The disclosures come as Alphabet faces legal headwinds and a sector-wide pullback.
Nvidia Slips Amid Rising Competition and Regulatory Pressure
Nvidia shares declined over 4% Thursday, pressured by competitive threats from Huawei's new chip and potential U.S. export restrictions. The Nasdaq entered correction territory, down 10.7% from its October peak.
CenterPoint Gains Investor Attention on Dividend, Growth Outlook
CenterPoint Energy shares closed at $42.33 as Nordea Investment Management increased its stake by 14.3%. The utility reaffirmed its 2026 adjusted EPS guidance of $1.89-$1.91 and $0.23 quarterly dividend.
Bitcoin's Fate Hinges on $14B Options Expiry Amid Macro Turmoil
Approximately $14 billion in Bitcoin options expire Friday on Deribit, with prices stuck near $66,000. The event coincides with Brent crude near $110 and a 10-year Treasury yield at 4.456%, creating a tense macro backdrop.
StockStory Backs HPE, Progressive; Warns on GoDaddy, Caterpillar, eBay, Molson Coors
StockStory's latest analysis highlights HPE and Progressive as bullish picks due to robust financials, while flagging concerns for GoDaddy, Caterpillar, eBay, and Molson Coors. The assessments come amid a sharp market pullback and significant weekly inflows into U.S. equity funds.
Global Equities Slide as Iran Tensions Fuel Oil, Bond Market Jitters
Worldwide stock markets declined Friday, with the Nasdaq Composite sinking into correction territory. President Trump's decision to delay action on Iran failed to ease concerns, pushing oil prices higher and bond yields to fresh peaks.
Futures Rebound as Geopolitical Tensions Ease, Nasdaq in Correction
U.S. equity futures advanced Friday following a presidential decision to delay potential strikes on Iran, offering a reprieve after Thursday's selloff pushed the Nasdaq into correction territory. Brent crude eased but stayed elevated near $107.