The DraftKings stock price woes accelerated after the company published its quarterly results and issued a weak forward guidance. DKNG crashed by over 7% to $25 on the extended hours, much lower than the year-to-date high of $53. So, is it safe to buy the dip? DraftKings stock falls after earnings DraftKings, one of the
The Airbnb stock price rose in the extended hours as investors reacted to its strong financial results, which showed that its business was doing well. ABNB rose by 5% to $156, up from the closing price of $120. Still, the stock remains 26% below its highest level this year. Airbnb stock rises as it boosts
The SMCI stock price suffered a harsh reversal in the extended hours after the company published its financial results that missed analysts’ estimates. It dropped by as much as 10% to $43.20, down by over 63% from its highest level in 2024 when it was one of the hottest stocks in Wall Street. Why Super
Qualcomm stock price has suffered a harsh reversal in the past few days as the recent excitement about its new AI chips waned. QCOM was trading at $172.85, down by 16% from its highest level this year. So, will the stock rebound after earnings? Qualcomm to showcase AI progress Qualcomm, one of the biggest semiconductor
BT share price rose modestly after the company published mixed financial results. It jumped by over 2.7%, reaching a high of 185p, its highest level in over a week. It remains 16% below its highest level this year as investors watch the progress of its turnaround. BT Group earnings report BT Group, the giant telecom
IREN stock price continued its strong rally, reaching a record high as traders waited for its earnings, and the artificial intelligence industry tailwinds gained steam. It jumped to a high of $76, bringing its market capitalization to over $20 billion. It has jumped by over 1,400% from its lowest level this year. IREN stock surges
Marvell Technology stock price has staged a strong comeback in the past few months, moving from a low of $47 in April to a high of $92.90. This rebound continued this week amid reports that Masayoshi Son considered placing a bid for the company, and after it published strong results. Softbank considered buying Marvell Technology
The AMD stock price has been in a strong bull run and is hovering at a record high as investors waited for the latest financial results, which will provide more color on the health of the artificial intelligence industry. It was trading at $260, up by over 220% from its lowest level this year. AMD
The crypto market crash accelerated this week, with Bitcoin falling briefly below the important psychological point at $100,000. Most altcoins have plunged, with meme coins like Shiba Inu, Dogecoin, and Pepe being the top laggards. This crypto crash has led to a $700 billion wipeout, as the market capitalization of all tokens has moved from
Solana and Hedera prices remained in a deep bear market as cryptocurrencies declined. SOL token was trading at $157, down by nearly 40% from its highest point this year. HBAR token has dropped to $0.1708, down by about 44% from the YTD high. SOL and HBAR ETF inflows have continued Hedera and Solana prices have