Marvell Technology (MRVL) stock has slipped over 31% from its year-to-date high, mirroring the performance of other semiconductor companies. The stock was recently trading around $223, down 32% from its highest point this year. Similarly, popular ETFs such as the Schwab Semiconductor Index Fund (SOXX) and the VanEck Semiconductor ETF (SMH) have fallen by more
Qualcomm (QCOM) shares were surging on Tuesday after the chipmaker announced a major deal. The stock surged as much as 10% in early trading, but gave up most of those gains to trade around 4% higher at the time of writing. The company said it has entered a multi-generational product collaboration with Amazon Web Services
CoreWeave CRWV stock jumped 16% on Tuesday as OpenAI’s new Astra model provided a fresh catalyst for the AI cloud infrastructure company. CoreWeave has a $22.4 billion deal with OpenAI to provide computing power, adding to a growing base of contracted demand for its infrastructure. The company’s momentum also follows strong second-quarter 2026 results reported
Nebius stock surged by over 10% today, September 8, continuing a recovery that started on Tuesday last week when it bottomed at $194.76. It jumped to a high of $250, its highest level since August 18 this year, mirroring the performance of other neocloud companies like CoreWeave and IREN. Nebius Group stock jumps after Palantir
AMD stock surged 6% on Tuesday after Advanced Micro Devices said its total addressable market could reach $3 trillion by 2030, up from its previous estimate of roughly $2 trillion. Shares rose 6.45% to $508.38, bringing their gains for the year to more than 120%. The revised market opportunity reflects rising demand for graphics processing
AMD shares jumped after the chipmaker raised its potential 2030 total addressable market to $3 trillion. Gold prices edged lower as higher oil prices increased inflation concerns and boosted expectations for a September Federal Reserve rate hike. Oil prices climbed to multi-week highs as renewed Middle East hostilities heightened concerns over energy supply disruptions. Bitcoin
Wall Street stocks fell on Tuesday as renewed tensions in the Middle East pushed oil prices higher, while investors turned their attention to inflation data that could influence the Federal Reserve’s interest-rate decision next week. The Dow Jones Industrial Average dropped 617 points, or 1.16%, to 52,797.10, while the S&P 500 fell 0.58% to 7,673.94.
Gold and Bitcoin (BTC) have rallied as investors increasingly embrace the so-called debasement trade, while the US dollar has weakened. The timing has drawn attention to the US Treasury’s decision to increase its long-term debt buybacks. But according to Alexander Lis, chief investment officer at SDV, investors risk confusing two very different things: a Treasury
Solana (SOL) has gained 44% over the past 30 days as buyers continue defending the psychologically important $100 level. The token rebounded strongly from this support, triggering a sharp increase in market activity. Trading volume rose 64% over 24 hours to $3.5 billion, representing almost 6% of Solana’s circulating market capitalization. The rebound indicates that
Apple is preparing for a closely watched product launch on Sept. 9, with the company expected to unveil the iPhone 18 Pro, iPhone 18 Pro Max, and its first foldable iPhone. The event will be the first major product launch overseen by new CEO John Ternus. The launch comes after the iPhone 17 lineup helped