Nvidia once again stuck to its established script on Wednesday, delivering blowout financial results that would normally ignite a market rally. The chipmaking giant reported that its quarterly profit nearly doubled year-on-year to $43 billion, yet the news failed to enthuse Wall Street. By the time the opening bell rang on Thursday, Nvidia’s stock price
Tesla stock fell over 2% early Thursday, tracking broader market weakness and reacting to reports that raised questions about the company’s progress in launching fully autonomous robotaxis. The decline came as the S&P 500 slipped 0.7% and the Nasdaq Composite fell 1.3% as investors were not impressed by Nvidia’s latest quarterly earnings. The Dow Jones
US spot Bitcoin exchange-traded funds (ETFs) have finally snapped a grueling losing streak, but can this return of institutional capital sustain a climb back above $80,000? After visiting multi-week lows near $62,000, the Bitcoin price has staged a robust 8% recovery over the past 48 hours that has been supported by a convergence of macro
The quantum computing sector faced a major litmus test this week as two of its most prominent players, IonQ and D-Wave, opened their books for the final quarter of 2025. In an industry often criticised for being “all promise and no profit,” investors were looking for concrete signs of commercial scaling. While both companies have
Nvidia (NASDAQ: NVDA) once again defied the laws of gravity this week, delivering a fourth-quarter earnings report that shattered Wall Street’s lofty expectations. For most sectors, a rising tide lifts all boats, but in the hyper-competitive semiconductor space, Nvidia’s dominance is increasingly acting as an anchor for its rivals. Despite reporting a massive “beat and
Eos Energy Enterprises (EOSE) saw its shares plummet today following a fourth-quarter earnings report that, on the surface, looked like a classic “miss.” Despite a staggering 700% year-over-year revenue surge, the company’s 2026 guidance came in softer than analysts expected, and net losses remained wide. For the faint of heart, the immediate double-digit drop is
Shares of Accenture climbed on Thursday after the consulting giant announced a multi-year partnership with French artificial-intelligence startup Mistral AI. The stock was up about 6% at $202.98 in midday trading. Under the agreement, Accenture will gain access to Mistral AI’s models for use across its consulting and technology services. Financial terms were not disclosed.
The Hang Seng Tech Index continued its strong downward trend this week as some key Chinese technology companies published weak financial results and as mainland Chinese investors continued selling Hong Kong shares. It tumbled to a low of H$5,100, its lowest level since June last year, and is down by over 23% from its highest
Paramount Skydance has prevailed in the high-stakes takeover battle for Warner Bros. Discovery after Netflix declined to match the David Ellison-led group’s improved offer, reshaping the competitive landscape of the global media and streaming industry. Warner’s board determined that Paramount’s $31-per-share all-cash proposal for the entire company was superior to Netflix’s earlier agreement to purchase
Zcash (ZEC) has been navigating a period of consolidation after a sharp pullback from recent highs. The cryptocurrency is currently trading around $244, reflecting a cautious market environment following a 35% decline over the past month. On the charts, ZEC is trading within a descending triangle on the 4-hour timeframe, and it recently broke a