Tiger

Arm Holdings Plc warned of sluggishness in the smartphone industry, crimping a vital source of the chip company’s revenue, while promising that AI data center growth would more than offset the slump.During a conference call to discuss fourth-quarter results, Chief Executive Officer Rene Haas said he...

Here are the biggest calls on Wall Street on Wednesday:Roth upgrades LCI Industries to buy from holdRoth upgrades the boating and RV company following earnings.“We upgrade LCII shares to Buy (from Neutral) with an unchanged PT of $164 following outsized Q1 EPS.”BTIG upgrades VF Corp. to buy from neu...

SUPER MICRO COMPUTER INC forecast fourth-quarter revenue and adjusted profit above Wall Street estimates on Tuesday, ​banking on robust demand for its artificial intelligence servers, sending ‌its shares up 17% in premarket trading on Wednesday.The projections will likely reassure investors followin...

Chip storage stocks rose in premarket trading on Wednesday.Micron, SanDisk up 7%; Rambus up 4%; Western Digital, Seagate up 3%.

Semiconductor shares rose in premarket trading on Wednesday.AMD up 17%; Arm up 12%; SOXL up 8%; Micron up 6%; Intel up 5%; Qualcomm up 4%; ASML up 3%; Marvell up 2%; Broadcom up 1%.UBS raised its price target on ARM Holdings to $245 from $175 while maintaining a Buy rating on the stock.The firm cond...

Gold prices rose 2% ‌on Wednesday, buoyed by a weaker dollar, while softer oil prices eased fears of inflation and higher-for-longer interest rates, amid hopes of a U.S.-Iran peace deal.Spot gold was up 2% at $4,647.09 per ​ounce, as of 0415 GMT. U.S. gold futures for June delivery rose ​2% to $4,65...

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsSaylor's Strategy Posts Wider Quarterly Loss on Bitcoin SlumpMichael Saylor's Strategy reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoi...

The S&P 500 and Nasdaq notched record high closes on Tuesday(May 5), lifted by Intel ​and other AI-related stocks, as a U.S.-Iran ceasefire held firm and investors focused on strong quarterly earnings.Regarding the options market, a total volume of 54,794,767 contracts was traded.Top 10 Option Volum...

Compass (COMP) reported Q1 earnings late Tuesday of $0.03 per diluted share, swinging from a loss of $0.09 per share a year earlier. Analysts polled by FactSet expected a loss of $0.19. Compass shares surged 20% in overnight trading.Shares of Flex gained after the company disclosed plans to spin off...

Chip stocks jumped in Hong Kong. CSOP Samsung Electronics Daily (2x) Leveraged Product rose 20%; CSOP SK Hynix Daily (2x) Leveraged Product rose 17%; Montage Tech rose 16%; Iluvatar Corex rose 14%; GigaDevice rose 12%; Hua Hong Semi rose 8%; Biren Tech rose 7%; SMIC rose 6%.

South Korea ETFs jumped in overnight trading. KORU up 7%; EWY up about 2%.Samsung Electronics Co. has reached a $1 trillion market valuation after booming demand for chips used in artificial intelligence saw the world’s largest memory maker’s stock more than quadruple over the past year.The mileston...

Advanced ​Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand for its data-center chips as cloud-computing companies accelerate spending ‌on artificial-intelligence infrastructure. Shares of the company jumped over 16% in overnight trading

President Donald Trump said he would pause a US-led effort to help stranded ships exit the Strait of Hormuz to see if an agreement with Iran to end the war could be finalized.“Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whethe...

Here are the biggest calls on Wall Street on Tuesday:Argus upgrades Chipotle to buy from holdThe firm said it sees a “return to growth.”“We are upgrading the stock of fast-casual restaurant chain Chipotle Mexican Grill (NYSE: CMG) to BUY from HOLD.”Bank of America initiates Full Truck Alliance as bu...

AI application software shares fell in Tuesday trading.Shopify, Duolingo down 8%; Palantir down 5%; Roblox down 4%; Figma down 3%; Tempus AI, Snowflake down 2%; Microsoft, Adobe down 1%.

Shares of optics technology companies rose in Tuesday trading.POET Technologies up 14%; Astera Labs up 6%; Corning, Credo Technology up 4%; AAOI up 3%; Ciena up 2%; Lumentum, Coherent up 1%.

Big tech stocks rose in Tuesday trading. Nasdaq up 1%.Intel, Micron up 10%; ASML up 4%; AMD, Amazon up 2%; Tesla, Nvidia, Alphabet, Apple up 1%; Palantir down 6%; Microsoft down 1%.

Chip storage stocks rose in premarket trading on Tuesday.Micron up 4%; Western Digital, Seagate up 2%; SanDisk up 1%.

Palantir Technologies Inc. fell 3% in premarket trading on Tuesday after it raised ‌its annual revenue forecast and beat estimates for quarterly results on Monday, a sign of growing demand for its data analytics software from the U.S. government and commercial clients.The rising adoption of artifici...

Shares of Circle surged after lawmakers over the weekend struck a compromise on the market structure bill known as the CLARITY Act, preserving stablecoin reward programs under certain conditions.On Friday, key language in the proposed crypto legislation was updated to restrict crypto companies from ...