Broadcom Stock Lags Tech Sector Despite Bullish Analyst Bets
Broadcom (AVGO) shares have underperformed the broader tech sector after a 4.6% drop tied to peer weakness, even as analysts stay bullish on its AI-driven outlook.
Alphabet Stock Lags the Tech Sector, But Analysts Stay Bullish
GOOGL shares have trailed the broader market over the past year even as Wall Street analysts remain upbeat on Alphabet’s cloud and advertising prospects.
X Says It Uncovered Chinese Bot Network Targeting AI Data Center Debate
X’s safety team says it found a network of 200,000 suspected inauthentic Chinese accounts, including 200 posting to influence the US debate over AI and energy policy.
AI Chip Boom Sends Global Foundry Market Up 29% in Q2
Counterpoint Research reports the global pure-play foundry semiconductor market grew 29% year-over-year in Q2, driven largely by surging AI chip demand.
Warsh’s Hawkish Jackson Hole Speech Sends Dow, S&P 500, Nasdaq Lower
Fed Chair Kevin Warsh’s inflation-fighting stance at Jackson Hole rattled Wall Street, with the S&P 500, Nasdaq and Dow all closing lower as September rate hike bets grow.
Wells Fargo’s $1 Billion Crypto Bet Contrasts With Its Retail Restrictions
Wells Fargo blocks credit-card crypto purchases for customers even as its Bitcoin and Ether ETF holdings climb toward $1 billion by Q2 2026.
Iran War Hits Six-Month Mark as Oil Markets Shrug Off Stalemate
Six months after the US-Israel campaign against Iran began, Brent crude sits a third below its April peak while Washington pivots to secondary sanctions with no ceasefire in sight.
Bitcoin Tops $80K as MSTR, Coinbase, Solana Rally Ahead of Jackson Hole
Bitcoin climbs above $80,100 while MicroStrategy jumps 12% and Solana surges past $107 as traders brace for Kevin Warsh’s Jackson Hole keynote.
Nvidia Stock Jumps 7.63% After Q2 Revenue Doubles to $96.2 Billion
Nvidia shares soared 7.63% in after-hours trading after Q2 revenue hit $96.2 billion and the chipmaker forecast 70% sales growth for fiscal 2028.
KOSPI Jumps as Nvidia’s Earnings Beat Eases Chip Demand Fears
South Korea’s KOSPI opened sharply higher after Nvidia’s earnings beat Wall Street expectations, calming investor worries about a slowdown in global semiconductor demand.