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AMD Stock Tumbles 5.8% Amid AI Spending Concerns and Customer Warrants
AMD shares dropped 5.8% on Tuesday amid a broad semiconductor selloff, as investors weigh the impact of debt-funded AI spending and warrants held by OpenAI and Meta that could dilute earnings.
Trump Administration Unveils $17.5B Nuclear Loan Plan to Power AI Boom
The Trump administration announced $17.5 billion in conditional loans to accelerate orders for 10 Westinghouse AP1000 nuclear reactors, aiming to meet surging U.S. electricity demand from AI and data centers.
Dow Holds Ground as Tech Selloff Deepens on AI and Rate Concerns
The Dow ended nearly flat while the S&P 500 and Nasdaq slumped, led by a 7.6% plunge in the Philadelphia Semiconductor Index, as AI spending uncertainty and rising rate hike bets hit tech stocks. Markets await Micron earnings and PCE inflation data.
TSMC ADR Premium Shrinks, Sparking 6% Slide in US Shares
TSMC's US shares dropped 6% as the premium over Taipei shares shrank sharply, indicating a flow-driven adjustment rather than a change in earnings outlook.
Apple Stock Holds Up Amid Chip Rout as Margin Concerns Linger
Apple shares fell 0.4% to $295.79, outperforming a sharp selloff in semiconductors and the broader tech sector, as concerns over App Store commissions and memory costs weigh on profit margins.
Nvidia Slips 3.6% as 362-kW Rack Highlights Power and Cooling Risks
Nvidia shares fell 3.6% to $201.10 as a 362-kW rack system from Super Micro shifted investor focus to power and cooling constraints, with Morgan Stanley warning of grid bottlenecks in 2027-2028.
Viking Therapeutics Surges on Obesity Drug Hopes
Viking Therapeutics shares climbed 6% to $34.30 as investors bet on upcoming Phase 3 data for its obesity drug VK2735, expected in Q3 2026.
Focus Universal Surges After Reverse Split, but Fundamentals Questioned
Focus Universal (FCUV) surged post-reverse split, but weak Q1 revenue and going concern doubts persist.
Ambev Shares Rise on Payout, Rate Outlook, and World Cup Demand
Ambev shares rose 1.05% to 16.34 reais as a new payout and World Cup demand offset cautious rate signals. Q1 earnings showed 8.1% organic revenue growth.
