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CoreWeave plunged as shares in other AI-focused “neoclouds” also sold off after research firm Gartner predicted an industry shakeout. The post Why Gartner AI Outlook Sent CoreWeave Stock, Neoclouds Reeling appeared first on Investor’s Business Daily.
Netflix stock fell as investors reacted to the company’s larger-than-expected job cuts and a report showing heavy subscriber churn in the U.S. The post Netflix Stock Sinks On Job Cuts, Subscriber Churn Data appeared first on Investor’s Business Daily.
Box stock is an “underappreciated AI winner,” analysts with BofA Securities said Wednesday in a client note. The post Enterprise Software Stock Named Top Pick, ‘Underappreciated AI Winner’ appeared first on Investor’s Business Daily.
GlobalFoundries will operate two new chip fabs in Malta, N.Y., under a U.S.-Japan alliance that will provide up to $21 billion to the chipmaker. The post GlobalFoundries To Operate Two New Chip Fabs Under U.S.-Japan Alliance appeared first on Investor’s…
IonQ stock fell after the quantum computing company announced a $2 billion equity offering to help bring products to market. The post IonQ Stock Falls Amid Quantum Firm’s $2 Billion Equity Offering appeared first on Investor’s Business Daily.
Micron stock investors overreacted to news this week that China’s CXMT had made “key progress” on a new memory chip, an analyst said. The post China’s Competitive Threat To Micron Called ‘Paper Tiger’ appeared first on Investor’s Business Daily.
Cybersecurity stocks fell amid a report artificial intelligence system maker OpenAI plans to acquire an industry startup. The post Cybersecurity Stocks Fall Amid Report Of OpenAI Acquisition appeared first on Investor’s Business Daily.
Liquidia stock skyrocketed Wednesday on settlement deal with United Therapeutics that allows its drug to stay on the market. The post Liquidia And United Therapeutics Settle; But Only One Stock Skyrocketed appeared first on Investor’s Business Daily.
Accenture stock rose after the global technology services firm updated financial guidance at an investor day focusing on its AI strategy. The post Accenture Continues Comeback With Strong Investor Day Guidance appeared first on Investor’s Business Daily.
HPE stock fell along with Dell and NetApp after Barclays downgraded the enterprise system suppliers, citing AI spending trends. The post Barclays Downgrades HPE, Dell, NetApp On Enterprise AI Spending Trends appeared first on Investor’s Business Daily.