Intel stock (NASDAQ: INTC) surged over 4% in Tuesday’s late morning session, touching an intraday high of $47.21. The move is not about a single headline, but about three converging reasons that are forcing Wall Street to rethink how it values Intel’s recovery. The company’s manufacturing credibility, its foundry pipeline, and a wave of AI […]
Shares of Micron Technology climbed sharply at the start of the week as investors weighed bullish analyst commentary against reports of intensifying competition in the artificial intelligence memory market. Micron stock rose 5.1% on Monday and gained another 6.4% on Tuesday to trade at $414.25. The stock remains about 5.2% below its all-time closing high […]
BioNTech (NASDAQ: BNTX) swung to a Q4 loss and guided for “lower-than-expected” full-year revenue on Tuesday. But the stock crashed more than 20%, mostly because its cofounders, Ugur Sahin (CEO) and Ozlem Tureci (CMO), said they would depart to set up a new biotech firm at the end of 2026. Still, there’s a very strong […]
DORAL, Florida — Speaker Mike Johnson said Tuesday he has discussed “our tone and our message” with the two House Republicans who have made anti-Muslim remarks in recent days but defended the right of the lawmakers to oppose “the imposition of Sharia law.” “Look, there’s a lot of energy in the country, and a lot […]
Rivian Automotive Inc (NASDAQ: RIVN)) is inching higher on Tuesday after a senior TD Cowen analyst issued a bullish note in its favour. As Itay Michaeli upgraded RIVN to “buy”, it pushed past its major moving averages (50-day, 100-day) on March 10th, indicating the upward momentum could sustain in the near-term. Despite today’s surge, Rivian […]
Tesla stock moved higher early Tuesday, buoyed by strong earnings from its key battery supplier even as broader equity markets declined. Tesla stock rose as much as 1.8% to $405.80 in early trading. For the year so far, Tesla stock has fallen about 11%. Investors appear to be waiting for new catalysts to drive the […]
As investors balanced optimism over a potential de-escalation in the Middle East with ongoing geopolitical uncertainty, Brazil’s benchmark Ibovespa index posted a modest gain on Tuesday, remaining above the 181,000-point threshold. However, the early optimism faded as fresh reports of targeted strikes in southern Lebanon emerged, limiting further advances in stocks. The Ibovespa reflects the […]
Evercore ISI remains “unimpressed” as Kohl’s (NYSE: KSS) came in ahead of earnings estimates for its fiscal Q4. In a research note dated March 10th, the investment firm said structural cracks in the business remain wide, adding the post-earnings surge looks more like a “relief rally” than the start of a sustainable recovery. According to […]
President Donald Trump’s pick to lead the Department of Homeland Security (DHS) has a confirmation hearing ready to go, and he will have to reckon with an intraparty feud in the process. Sen. Markwayne Mullin, R-Okla., will soon undergo the rigorous confirmation process in the Senate after being tapped by Trump to replace embattled DHS […]
Supreme Court Justices Ketanji Brown Jackson and Brett Kavanaugh had a dispute over the high court’s approach to its emergency docket in a rare, candid discussion during an event Monday night. Jackson, a Biden appointee, signaled that the high court’s willingness to side with President Donald Trump most of the time when it comes to […]