South Korea’s dominance in artificial intelligence memory chips is no longer just driving stock market gains. The country’s semiconductor boom is now reshaping its economy, consumer spending, labour market and even its dating culture, creating a new generation of wealthy technology workers while raising fresh concerns over widening inequality. Fueled by soaring demand for high-bandwidth
The US financial landscape is featuring a striking paradox in 2026. Wall Street is sprinting, with major indices flirting with record highs and extending a “multi-year” winning streak. Yet, step outside the trading floors, and Main Street tells a far more muted story. The broader US economy is expanding at a tepid pace, weighed down
Retail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as market leadership shifts rapidly and alternative investment opportunities gain traction. Recent data suggest individual investors are rotating between themes rather than making broad-based bets on the stock market. At the same time, a
SoFi stock has rebounded in recent weeks, climbing from its year-to-date low of about $15 to around $19 today. Even so, the shares remain roughly 42% below their all-time high. CEO Anthony Noto has attributed much of the weakness to the broader pullback in fintech stocks. With the company’s earnings due later this month, the
Delta Air Lines (DAL) shares opened down on Friday despite posting better-than-expected second-quarter (Q2) earnings. The flagship air carrier reported $1.56 a share of earnings on $17.67 billion in revenue for its fiscal Q2, handily beating $1.48 a share and $17.53 billion that experts had forecast. DAL’s price action this morning, therefore, resembles a classic
Meta Platforms Inc. (NASDAQ: META) shares climbed 6% in trading on Friday, becoming the top-performing Magnificent 7 stock. It extended this week’s rally as investors responded to a series of artificial intelligence-related developments, including reports of a new in-house AI chip, expanding computing capacity, and the launch of its latest AI model. The stock is
Bloom Energy stock has retreated into a bear market, falling by 33% from its highest point this year. It dropped to $234 today, continuing a trend that started on June 25 when it reached a record high of $350. So, is this the start of a prolonged bear market or will it rebound soon? Bloom
SpaceX (SPCX) shares fell more than 2% on Friday, extending a volatile stretch that has erased the stock’s post-IPO gains as investors continue debating whether Elon Musk’s AI and space ambitions justify one of the world’s richest valuations. The stock traded around $148, below its $150 listing price, after briefly soaring to a record closing
Cardano (ADA) traded higher on Friday as investors responded to fresh developments surrounding the network’s leadership and ongoing technical progress. The cryptocurrency climbed to $0.1688, marking a 0.6% gain over the past 24 hours, while trading near the upper end of its daily range between $0.1650 and $0.1697. Although the daily move was modest, ADA
Seagate Technology (STX) shares rose on Friday after Wells Fargo upgraded the data storage company to an Overweight rating. The analyst cited growing confidence in its long-term earnings potential and sustained demand for hard-disk drives (HDDs) driven by artificial intelligence infrastructure. The upgrade comes after Seagate shares pulled back in recent weeks amid concerns over