Oracle stock rose by nearly 2% on Thursday as Nvidia boosted the momentum in artificial intelligence (AI) companies. ORCL rose to $149, up modestly from this month’s low of $114. This rally will now be put to the test when the company publishes its earnings earlier next month. Analysts are turning bullish on Oracle stock
Affirm’s stock has traded sideways over the past few weeks, but that may change later today when the company releases its financial results, offering fresh insight into the business. AFRM was recently trading at $76.45, still within the range it has held during this period. This article explores why the stock could be on the
IREN stock jumped over 4%, mirroring gains at other neocloud companies like CoreWeave and Nebius following strong Nvidia earnings and guidance. Shares climbed to $43.25, but this rally will be put to the test when the company publishes its own earnings later today. IREN’s revenue to drop on Bitcoin sell-off as pivot to AI continues
The Kospi Index is stuck in a bear market after plunging 27% from its year-high as top constituent companies such as Samsung, SK Hynix, and SK Square lose momentum. It was trading at 6,852 points ahead of the upcoming South Korean Central Bank interest rate decision. South Korean investors have lost $2.5 trillion The Kospi
Plug Power stock has pulled back sharply in recent months, sliding nearly 48% from its year-to-date high of $4.33 to $2.27. The retreat comes even as the company’s turnaround strategy takes shape, with short interest remaining stubbornly elevated throughout the decline. So, is it time to buy PLUG shares? Plug Power stock has plunged despite
Micron stock has slumped sharply in the past few months, falling from the year-to-date high of $1,257 in June to the current $932. This retreat has happened despite its strong performance as the AI boom gains steam. This article explores what to expect as Nvidia publishes its financial results. Nvidia earnings to have an impact
Workday stock will be in the spotlight on Thursday as the blue-chip software company publishes its financial results, which will provide the management an opportunity to comment on the acquisition rumors. WDAY was trading at $194 on Wednesday, down modestly from the year-to-date high of $227. Workday earnings to provide color on its growth Workday
Zoom Video stock suffered a big reversal this week, ending the recent bull run that pushed it to the highest level in months. It dropped by nearly 4% on Tuesday, and then by 5.7% in the premarket session. It reached a low of $95, down by nearly 15% from its highest point this year. Zoom
Oklo stock rose nearly 4% in premarket trading, extending the 12% gain from the previous session. The rebound came as investors returned to small modular reactor (SMR) stocks, including NuScale. However, Oklo still faces significant risks, which helps explain its elevated short interest and continued insider selling. Top insiders have been selling Oklo stock While
Scotiabank stock price continued its strong bull run this week, reaching an all-time high. BNS has jumped 30% this year and 68% over the past 12 months, outpacing the SPDR S&P Bank ETF (KBE), which has risen just 16% this year. This rally may continue in the foreseeable future, as the bank’s revenue growth is