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Apple stock gains ahead of WWDC: What are investors expecting?

Apple shares AAPL rose 1.62% in trading on Monday ahead of the company’s Worldwide Developers Conference (WWDC). An upgraded Siri digital assistant and a broader push into artificial intelligence are expected to headline the event. The annual developer conference, held at Apple’s Cupertino, California, headquarters, comes at a pivotal moment for the technology giant as

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Tesla stock rebounds 3% after Friday’s brutal selloff: what’s behind the move?

Tesla (TSLA) stock rose in early trading on Monday as investors looked ahead to a pivotal week for Elon Musk’s business empire, with SpaceX’s highly anticipated initial public offering expected to take center stage. Shares of the electric-vehicle maker climbed about 3% to $403.65 in early trading, recovering some ground after a sharp decline at

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Cheap Adobe stock has formed a risky pattern: will it crash after earnings?

Adobe (NASDAQ: ADBE) stock price remains on edge this week as investors wait for the upcoming quarterly results, which will provide more insights on its business amid the ongoing artificial intelligence disruption. ADBE dropped to $248, down slightly from last month’s high of $274. This article explores what to expect as the company prepares to

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Brent and WTI crude oil prices recoil as US-Iran talks stalls: what next?

Brent and West Texas Intermediate (WTI) crude oil benchmarks held steady on Hyperliquid on Sunday as investors watched the new developments on the ongoing US-Iran quagmire. WTI was trading at $91.7, while Brent was trading at $94.55.  Crude oil price in a tight range as US-Iran talks stall The energy market is in a tight

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Humanity, LUNC, Audiera, Toncoin prices jump: is this a dead-cat bounce?

Top cryptocurrencies rebounded on Sunday following a major crash over the past few days, as the US published strong non-farm payrolls (NFP) data. Humanity Protocol (H) token rose for three consecutive days, reaching a high of $0.7055, up by 30% from its lowest point this month. Its 24-hour volume rose to over $255 million. Terra

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Ethereum price: inverted cup & handle points to a crash amid ETF outflows

Ethereum (ETH) price stabilized a bit on Sunday, rising to $1,600 from the Saturday low of $1,512. It remains 34% from its highest point in May, and 67% below its all-time high. It has also formed an inverted cup-and-handle pattern, pointing to more downside. Ethereum price technical analysis points to more downside The daily chart

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SpaceX set to go public next week: should you invest in the IPO?

SpaceX is just days away from making stock market history. Elon Musk’s rocket, satellite, and artificial intelligence company is expected to begin trading on Nasdaq on June 12 after pricing its initial public offering the day before. With a targeted fundraise of $75 billion and a valuation approaching $1.8 trillion, the offering is set to

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Intel, AMD stocks slide again in aftermath of Broadcom’s weak outlook

Shares of Intel Corp. and Advanced Micro Devices extended their declines on Friday as a sharp selloff across semiconductor stocks gathered pace, with investors continuing to react to Broadcom’s weaker-than-expected artificial intelligence outlook. The broad-based retreat came after Broadcom’s fiscal second-quarter earnings report, which beat headline expectations but failed to meet the market’s lofty hopes

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Tesla stock receives an upgrade from one of its longest-standing bears

For nearly three years, JPMorgan wore its Tesla (TSLA) pessimism as a badge of conviction; this morning, that conviction quietly folded. In a research note on Friday, analyst Rajat Gupta – who took over TSLA coverage from long-time JPM auto expert Ryan Brinkman just weeks ago – upgraded the EV stock to “neutral”. Gupta also

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Micron, Sandisk stocks slide as traders exit high-flying AI plays

Shares of Micron Technology and SanDisk came under heavy selling pressure on Friday as a broad retreat in semiconductor stocks gathered pace. Investors reassessed the outlook for artificial intelligence-related names following Broadcom’s latest earnings report and a stronger-than-expected US jobs report. The weakness extended a sharp sector-wide pullback that began after Broadcom issued fiscal third-quarter

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