Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Thursday; Arm Holdings, Airbnb to Decline
In his 2016 letter to Berkshire Hathaway shareholders, legendary investor Warren Buffett wrote, “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we ...
Data center services are witnessing outsized demand as the AI revolution unfolds.
It appears GameStop meme investors got suckered — again. Investors who jumped into the latest online frenzy over shares of the struggling video game retailer lost $13.1 billion in just three days from the mania's high, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSurge. It's been a costly lesson for investors, some of which may have lost billions the last time on GameStop and other highly shorted stocks touted on social media.
Despite a strong start to the year for stock markets, investors in Starbucks (NASDAQ:SBUX) have been left bitterly disappointed with its shares down by approximately 20% at the time of this writing. After the earnings miss, Laxman Narasimhan, the new CEO of Starbucks, appeared on Jim Cramer's Mad Money to try and explain both the results and the company's path forward. Don't Miss: Startup behind ‘the #1 free contractor app' grows 162% YoY, opens its doors for investors at a $100 minimum. Invest
Trump Media reported a sizeable first-quarter loss with revenue below $1 million once again. Donald Trump stock DJT edged higher late.
Consumer prices climbed 3.4% year-on-year in April.
The software giant goes with Nvidia's rival for a platform of AI chips.
As industry rival Palo Alto Networks releases earnings after the close and cybersecurity threats rise alongside the boom in artificial intelligence, CrowdStrike has teamed up with Google Cloud, aiming to transform AI-native cybersecurity.
Buffett's mystery stock is finally revealed.
Nvidia's last stock split occurred amid similar circumstances.