Meta Platforms (META) shares are inching lower heading into the company’s fiscal Q2 results set to be posted after the market close on Wednesday, July 29th. Consensus is for the tech behemoth to record $60.2 billion in revenue on $7.18 a share of earnings, which would represent roughly no change in bottom-line on a year-over-year
Apple briefly became only the second publicly traded company in history after Nvidia to cross a $5 trillion market capitalisation on Tuesday, in a reflection of investors’ growing preference for technology companies that can deliver earnings growth without committing hundreds of billions of dollars to artificial intelligence infrastructure. The iPhone maker’s AAPL shares rose as
PayPal Holdings PYPL shares rose about 4.5% on Tuesday after the payments company reported better-than-expected second-quarter results, raised its full-year earnings guidance, and highlighted early progress in its turnaround strategy under CEO Enrique Lores. The fintech company reported adjusted earnings of $1.38 per share for the second quarter, ahead of Wall Street expectations of $1.28.
Micron Technology (MU) and its memory peers are bearing the brunt of a fierce market selloff on Tuesday, which has been the case this month. Micron declined 8% while SanDisk plunged 15% in the session. SK Hynix’s US ADR shares fell 8%. MU has lost over 40% this month, heading for its worst single-month performance
Strategy MSTR (formerly known as Microstrategy) shares climbed on Monday after the company disclosed it had not purchased any Bitcoin for the fifth consecutive week, instead continuing to build its cash reserves and repurchase preferred shares under its revised capital allocation strategy. The company said in a filing that it neither bought nor sold Bitcoin
Memory and storage stocks came under heavy selling pressure on Monday after Chinese memory chipmaker ChangXin Technology Group (CXMT) made a blockbuster stock market debut, and reports emerged that China has begun manufacturing domestically developed deep ultraviolet (DUV) lithography machines. The twin developments heightened investor concerns that China’s semiconductor industry is rapidly closing the technology
Shiba Inu coin price has pulled back after one of its strongest rallies in recent months, but on-chain data suggests investors are still positioning for another move higher. The meme coin recently climbed above $0.0000050 before encountering profit-taking, while a wave of token withdrawals from centralized exchanges has drawn fresh attention to its near-term outlook.
General Motors GM shares rose about 3% on Monday after Jefferies upgraded the automaker to Buy from Hold and raised its price target to $99 from $90, citing growing confidence in the company’s long-term earnings and cash flow prospects. The brokerage increased its earnings estimates for 2026 through 2028 by about 6% after GM’s second-quarter
Tesla TSLA shares extended their decline on Monday despite broader market optimism following easing tensions between the United States and Iran. The electric vehicle maker’s stock traded as high as $317 before falling to around $307.58 in trading, down about 1.74%. The decline came even as Wall Street showed signs of recovery, with the Dow
China’s memory-chip maker CXMT made a blockbuster stock market debut with shares surging 465%, while Nvidia remained in focus amid reports of a potential financing role in OpenAI’s data center expansion. US President Donald Trump said the United States and Iran were engaged in talks to end the conflict despite continued regional tensions, and gold