Nvidia’s CEO Jensen Huang hailed Marvell Technology as the next trillion-dollar firm, sending its shares up 32.52% on Tuesday. The stock move is Marvell’s biggest one-day gain ever, narrowly topping its previous best set in May 2023. The semiconductor firm, which designs chips for data centers, soared after Huang touted the company’s efforts in supplying …
Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Sopa Images | Lightrocket | Getty Images Dutch cloud provider Nebius popped in premarket trading Thursday after an ex-OpenAI employee’s fund disclosed a sizeable stake in the firm. Situational Awareness, a hedge fund founded …
Bloom Energy power storage equipment in San Ramon, California. Smith Collection | Gado | Archive Photos | Getty Images Bloom Energy’s shares were higher before the opening bell after it unveiled a partnership with Europe’s Nebius, an AI cloud provider seeking to overcome power constraints in the AI infrastructure buildout. Nebius said Wednesday that it …
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway‘s revamp of its portfolio sent certain stocks higher in early trading Monday, while others slipped as investors parsed the company’s latest bets and exits disclosed in the conglomerate’s quarterly …
Cerebras Systems Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras Systems‘ shares were volatile in early trading Friday after the company completed the largest IPO by a U.S. tech firm in years. The …
Piotr Swat | Lightrocket | Getty Images Telehealth company Hims & Hers’ stock plummeted in early trading Tuesday after posting a first-quarter loss and weak earnings guidance for the year ahead. The digital health firm reported a net loss of $92 million in its first quarter earnings on Monday, compared with roughly $50 million for …
ILLUSTRATION of hantavirus testing concept with laboratory tubes containing cotton swabs and HANTAVIRUS labels photographed in front of a public domain hantavirus related microscopic image released by the U.S. Centers for Disease Control and Prevention in Paris, France, May 8, 2026. Joao Luiz Bulcao | Afp | Getty Images Several pharmaceutical stocks surged on Monday …
Shares of Swedish audio-streamer Spotify fell 9% in premarket trading after soft guidance overshadowed an earnings beat. The New York-listed stock fell as much as 12% following earnings before the bell before paring some of the losses. First-quarter revenue rose 8% from last year to 4.5 billion euros ($5.3 billion), while monthly active users (MAUs) …
Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Qualcomm shares rose in premarket trading Monday following reports that it’s partnering with OpenAI to create smartphone processing chips to advance the AI firm’s hardware ambitions. The U.S. smartphone chipmaker is set to work alongside Taiwanese semiconductor firm MediaTek …
Gold and silver joined a broad sell-off on Thursday, with the metals shedding around 5% and 10%, respectively, as fears about the Iran war and inflation gripped global markets. At 8:43 a.m. ET, spot gold was down 4.9% at just over $4,600 an ounce. Front-month gold futures were down 5.8% at $4,612. Stock Chart IconStock …