Browsing: Stock market

Nvidia shares dropped 8% after reports surfaced that the board plans to oust CEO Jensen Huang following a series of personal scandals involving suspected espionage.

Amazon’s new Uber Eats partnership for Prime members triggered a DoorDash stock sell-off, raising questions about the future of grocery delivery.

Intel shares fell 28% after the company warned of lower Q4 revenue and margins, reducing the value of the government’s 10% stake by $12 billion.

US tech stocks tumbled for a second day as investors worry about massive AI spending. Alphabet and Intel shares fell sharply amid fears of an AI investment bubble.

Alphabet’s market value fell by over $500bn as heavy AI spending cut profits and Google search ads declined, rattling Wall Street.

Anthropic revenue surged 45% to $16.8bn (£12.7bn) in the third quarter, according to BBC reporting, as the company prepares for a stock market listing.

Nvidia-backed Firmus has scrapped its $30bn stock market debut, citing market volatility and investor concerns over valuation and debt.

Microsoft stock soared after an AI- and cloud-powered earnings beat pushed its market capitalization above $4 trillion, joining Nvidia in an exclusive club.

Krispy Kreme joins the meme stock surge as social media hype and short squeezes drive jaw-dropping gains in DNUT shares.

Global stock market bounce back strong today on June 16, 2025, after a rough finish to the previous week triggered by tensions between Israel and Iran.