BELFA
NASDAQ · Electrical Equipment
Bel Fuse Inc-Cl A
$265.77
+0.11 (+0.04%)
BELFA News30 articles
Nvidia Slips Below $209 as AI Spending Fears Weigh on Tech
Nvidia shares slid to $208.65 amid broader tech weakness, with the Nasdaq falling 1.3% on concerns over AI spending sustainability.
Campbell's Set for S&P 500 Exit as Small-Cap Shift Looms
Campbell's (CPB) drops 7.3% before its index rebalance from S&P 500 to S&P SmallCap 600. The stock yields 7.4%, but guidance signals a 23-26% EPS drop.
HIVE Digital Surges on $220M AI Cloud Deal with Bell Canada and Cohere
HIVE Digital Technologies shares rose 8.8% in Toronto after its BUZZ HPC unit signed a $220M, three-year GPU cloud deal with Bell Canada and Cohere, targeting $70M in annual recurring revenue from late 2026.
Cisco Shares Dip Below June Peak as AI Infrastructure Demand Faces Margin Scrutiny
Cisco shares ended the pre-Juneteenth session at $119.54, down 1.3% for the week, as the market assesses whether robust AI infrastructure orders can offset margin headwinds.
XRP Falls Below $1.15 as Whale Distributions Outweigh ETF Inflows
XRP fell 4.64% to $1.13 after breaking below $1.15, as whales distributed over 30 million tokens and active addresses halved, testing support near $1.10 despite $2.55 million in ETF inflows.
Gas Dips Below $4 as Iran Deal Eases Oil Supply Fears
U.S. gasoline prices dipped below $4 a gallon Thursday after a U.S.-Iran interim deal to reopen the Strait of Hormuz, triggering a 2.33% drop in Brent crude and 2.46% in WTI; analysts warn relief may be slow as shipping risks and stalled production could delay full oil flow recovery for months.
HIVE Digital Surges on $220M AI Cloud Deal with Bell and Cohere
HIVE Digital Technologies shares rose 11% premarket after a $220 million GPU cloud deal with Bell AI Fabric and Cohere, adding $70 million in annual recurring revenue.
The Agency Expands in Central America with New Belize Office in Placencia
The Agency has opened its first Belize office in Placencia, expanding its Central America network. The move aims to capture rising foreign buyer interest, though past fraud cases remain a warning for investors.
Oil Dips Below $90 as Iran Deal Reopens Hormuz, Supply Concerns Linger
Brent crude slid to $86.60 after a US-Iran deal to reopen the Strait of Hormuz, but IEA warns of depleted inventories and supply risks.
Micron Slips Below $1,000 as AI Hype Meets Earnings Caution
Micron Technology closed at $981.61, down 1.43%, as investors weigh AI memory demand against elevated valuation ahead of June 24 earnings.
Quantinuum Shares Dip Below IPO Price Amid Quantum Sector Scrutiny
Quantinuum (QNT) closed at $55.26, 8% below its $60 IPO price, as market participants reassess the company's valuation amid ongoing losses and heavy reliance on a single customer.
Belgium Clears Tesla FSD, Lifting Shares and Reviving European Autonomy Hopes
Tesla shares bounced back in premarket trading after Belgium became the fifth EU country to approve its Full Self-Driving (Supervised) software, shifting investor attention back to autonomy and high-margin software revenue.
ERock Stock Falls Below IPO Price on NYSE Debut Amid AI Power Contract Doubts
ERock (EROC) fell 12.37% in its NYSE debut, closing at $18.84 as investors worried about its $1.28B AI data-center backlog.
Campbell Soup Edges Higher Despite S&P 500 Removal and Soft Sales
Campbell's (CPB) shares rose slightly premarket after adjusted profit topped expectations, though quarterly sales fell 4% and the stock faces removal from the S&P 500 on June 22.
Bitcoin Dips Below $60K as ETF Outflows Surge and Strategy Sells
Bitcoin dropped below $60,000 for the first time since October 2024, with $4.4 billion in ETF outflows and a rare sale by Strategy pressuring prices. Analysts eye $59,750 as critical support.
Campbell Soup Set for S&P 500 Exit Ahead of Weak Earnings Report
Campbell Soup (CPB) exits the S&P 500 on June 22, moving to the SmallCap 600, as analysts forecast lower Q3 sales and earnings. The stock rose 2.7% last week despite broader market losses.
Berkshire's $16.8B Bet: Abel's First Big Move as CEO
Berkshire Hathaway shares jumped 1.98% after CEO Greg Abel's first major capital moves: a $6.8 billion Taylor Morrison buyout and a $10 billion Alphabet private placement.
C3.ai CEO Siebel Invests $69M to Revive Struggling AI Firm
C3.ai CEO Thomas Siebel invested nearly $69 million in company stock as the firm faces steep revenue drops and forecasts further losses, despite an expanded Shell contract.
Quantinuum Shares Dip Below IPO Price in Premarket Trading
Quantinuum shares dropped 2.52% in premarket trading, falling below their $60 IPO price after a $1.68 billion debut, as investors assess early-stage financials and quantum computing potential.
Five Below Stock Tumbles Despite Strong Q1 Results as Investor Concerns Mount
Five Below shares plunged 12.6% in after-hours trading even after the discount retailer posted better-than-expected first-quarter results and lifted its full-year outlook.
Applied Aerospace Dips Below $20 IPO Price in Mixed NYSE Debut
Applied Aerospace & Defense shares slipped below their $20 IPO price in first-day NYSE trading, as strong revenue growth was offset by debt and customer concentration concerns.
Archer Aviation Dips Below $7 Amid Cash Burn Concerns and Certification Hurdles
Archer Aviation stock trades under $7 as first-quarter results show heavy cash burn and ongoing certification challenges, with Cantor Fitzgerald maintaining an Overweight rating.
MARA Slumps as Bitcoin Retreats Below $70K Amid AI Strategy Debate
MARA shares dropped 4.2% to $14.23 as bitcoin slid below $70,000, highlighting the miner's ongoing dependence on crypto prices despite its push into AI and power infrastructure.
Bitcoin Slips Below $70K After Strategy's First-Ever BTC Sale
Bitcoin dropped under $70,000 after Strategy disclosed its first bitcoin sale, while U.S. spot bitcoin ETFs posted 11 straight days of redemptions totaling $3.45 billion.
Berkshire's First Major Deal Under Abel: Taylor Morrison Acquisition
Berkshire Hathaway will acquire Taylor Morrison for $72.50 per share, a 24% premium, valuing the builder at $8.5 billion. Shares jumped 22% premarket.
Indian Equities End Week Sharply Lower; Nifty Below 23,550
Indian equities dropped sharply on Friday, with the Nifty 50 falling 1.5% and the Sensex losing over 1,000 points, as monsoon worries and foreign selling weighed on sentiment.
Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus
Bitmine shares fell 4.6% after ether dipped below $2,000. The company holds $12.3 billion in crypto and is poised for Russell 3000 index rebalancing.
Berkshire's First Filing Under Greg Abel Reveals Major Portfolio Reshuffling
Berkshire Hathaway's first 13F filing under CEO Greg Abel reveals a substantial increase in Alphabet holdings, a new Delta Air Lines stake, and exits from several major names.
Suncor Energy Drops as Crude Retreats Below $100, TSX Hits Record
Suncor Energy fell 3.1% to C$90.12 as oil prices tumbled on possible U.S.-Iran talks, even as Canada's main index hit a record high.
Campbell's Bounces Near Low, Q3 Report Looms
Campbell's shares edged up 2.6% to $20.58, rebounding from a 52-week low. The next catalyst is fiscal Q3 earnings on June 8, with analysts cautious.