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TeraWulf Shares Dip as Analyst Trims Target, AI Transition in Focus
TeraWulf shares fell 3.6% Thursday following a price target reduction by Keefe Bruyette & Woods, which highlighted increased spending. The company continues its strategic build-out of AI data center capacity.
Cipher Digital's AI Pivot Under Scrutiny as Analyst Cuts Target Amid Mining Exit
Cipher Digital shares declined following a price target reduction by Keefe, Bruyette & Woods. The move reflects concerns over the company's transition from bitcoin mining to AI-focused data center development.
AMD Shares Slide Below $200 Amid Oil Shock, Meta's AI Chip Strategy
AMD shares dropped below $200 as tech stocks retreated amid an oil-driven market selloff. Meta announced new internal AI chips and confirmed a major AMD purchase, while CEO Lisa Su prepares for memory supply talks in South Korea.
Pinterest Shares Drop 6.6% Amid Broader Market Selloff, Ad Concerns Persist
Pinterest shares declined 6.6% to $18.09 Thursday, pressured by a broader market downturn and ongoing skepticism about retailer ad spending despite significant backing from activist investor Elliott Management.
Northern Star Revises FY26 Gold Forecast Amid Operational Challenges
Northern Star Resources Ltd has cautioned that its full-year 2026 gold production could fall short of previous guidance, citing operational difficulties at its KCGM and Jundee sites. The miner now anticipates output exceeding 1.5 million ounces, below its earlier 1.6-1.7 million ounce range.
Ulta Beauty Shares Tumble on Subdued 2026 Profit Forecast
Ulta Beauty shares dropped over 8% following a cautious fiscal 2026 earnings forecast that missed expectations, overshadowing an 11.8% rise in fourth-quarter net sales.
IREN's $6B Equity Plan Fuels AI Ambitions Amid Market Skepticism
IREN's stock fell 1.3% amid a broader tech selloff, as the company seeks to raise up to $6 billion through share sales to finance its pivot to AI cloud services, despite reporting a $155.4 million quarterly loss.
Rocket Companies Stock Slides as Mortgage Rates Surge Past 6%
Rocket Companies stock declined 3.7% to $14.58 Thursday as mortgage rates rose above 6% and housing-related equities faced selling pressure. The company projected Q1 revenue between $2.6 and $2.8 billion.
NAB Shares Drop as Oil Surge Fuels RBA Rate Hike Expectations
National Australia Bank shares declined 2% on Thursday, mirroring a broader market selloff triggered by oil prices surpassing $100 a barrel. The move intensified investor speculation that the Reserve Bank of Australia could implement a rate hike as soon as next week.
B2Gold Shares Decline Amid Gold Price Retreat and 2026 Production Concerns
B2Gold Corp's U.S.-listed shares declined 2.9% to $5.10, tracking weaker gold prices. The miner reported 2025 revenue of $3.06 billion but warned 2026 production could fall to 820,000-970,000 ounces with elevated costs.
Apple Shares Slide Amid Tech Rout, India Production Hopes Provide Cushion
Apple shares declined nearly 2% to $255.76, trimming its market cap to approximately $4.05 trillion. The drop coincided with a broader tech sell-off driven by oil price spikes and the launch of new, more affordable Apple devices.