Advanced Micro Devices (NASDAQ: AMD) plunged by nearly 2% in Friday afternoon trading, extending a shaky stretch for semiconductor names amid a cautious sentiment. Even though the broader indices remained steady today, the investors are weighing oil prices, geopolitical tension and renewed concerns about AI chip exports. Friday’s pullback in AMD stock added to Thursday’s
BigBear.ai Holdings (NYSE: BBAI) stock plunged nearly 3% on Friday and is trading around $3.95 at press time. The stock sliced through its intraday support at $4.00, on blistering volume that dwarfed its three-month average by nearly 70%. The drop left shares nursing losses from a brief post-earnings surge earlier this week, as investors digested
US stocks closed red on Friday, despite showing some recovery and optimism after the opening bell. The benchmark S&P 500 index slipped 0.61%, leaving it about 5% below its most recent peak. Meanwhile, the Nasdaq Composite fell 0.93%, and the Dow Jones Industrial Average dropped 119 points, or 0.25%. Rising oil prices tied to geopolitical
Microsoft’s quality rating reached a new high this week, even as the stock’s price momentum remains weak. At the same time, the company is moving to secure major artificial intelligence infrastructure in Abilene, Texas, as part of a broader effort to expand Azure AI capacity. The quality score rose week over week from 89.96, while
Artificial intelligence is increasingly shaping how modern wars are fought. In recent US military operations linked to the conflict involving Iran, Washington said it struck more than 2,000 targets in just four days. That pace would have been difficult to sustain in earlier conflicts, when military intelligence had to be reviewed manually across multiple command
The war with Iran has already shaken oil markets, but the latest US strike on Kharg Island reveals something deeper about how this conflict may unfold. The island is not just another military target in the Persian Gulf. It is the point where Iran’s economy connects to the global oil system. Washington hit military installations
How does grabbing a chicken roll in Kolkata—a city famed for its vibrant culinary heritage—connect to the US-Israel-Iran war raging in the Middle East? Surprisingly, it does—a lot. Samir Ray, who runs a bustling fast-food stall serving hundreds daily, told Invezz he may soon have to shut down amid India’s worsening LPG cylinder shortage, directly
As the conflict in the Middle East continues to roil global markets, investors are searching for signs of a turnaround. However, today on CNBC, Altaf Kassam – EMEA Head of Investment Strategy and Research at State Street Global Advisors – provided a sobering reality check. While historical precedents suggest that markets often rally before a
US stock index futures edged higher in choppy trading on Friday as investors awaited key economic data on growth and inflation, while escalating tensions in the Middle East continued to push oil prices higher and cloud the outlook for global markets. Futures tied to the Dow Jones Industrial Average rose 135 points, or about 0.29%,
The UK economy unexpectedly stalled in January, raising concerns about the country’s ability to withstand a sharp rise in energy prices triggered by the escalating conflict in the Middle East. Data released by the Office for National Statistics showed that gross domestic product remained flat in January, with 0% growth, compared with December, when the