Micron Technology shares declined by 5.8% during morning trading, settling at $932.68, reflecting a general downturn in the global memory stock sector. Earlier this week, Elon Musk publicly thanked the company during Tesla’s Q2 2026 earnings call for providing a “very significant allocation” of memory chips on “reasonable terms,” sending shares surging to a previous Read More
Meta emerged as the top performer within the S&P 500 on Friday, as investors expressed enthusiasm over the social media giant’s efforts to capitalise on its AI investments. In an internal memo, Meta outlined plans to double its cloud computing capacity to 14 gigawatts next year and commence the production of its own AI chips Read More
Dow Futures associated with the primary U.S. indices indicate an upward trend, despite an exchange of strikes between the U.S. and Iran casting a shadow over the prospects for diplomatic efforts aimed at resolving the conflict. Oil prices are on the rise, remaining above pre-war levels yet still below the recent highs exceeding $100. Investors Read More
Dow Futures are hovering near the flatline. Markets are evaluating the latest developments in the Iran conflict while gearing up for the crucial quarterly earnings report from a leading player in the artificial intelligence chip sector. Analysts anticipate that the documentation for the highly awaited initial public offering of Elon Musk’s rocket enterprise SpaceX may Read More
According to data, the chipmaker AMD has reached a historic milestone by surpassing a market valuation of $700 billion. This achievement came after the company released an earnings report earlier this week that exceeded expectations. On Friday, at 10:28 AM, the company’s valuation had surpassed $713 billion. This was the highest it had ever been. Read More
