March 4, 2025 10:16 am
Key moments Intel’s stock initially surged during early trading hours due to reports that Nvidia and Broadcom are still testing its 18A chip fabrication process. Investor expectations of a major deal between Intel and TSMC were dashed when TSMC announced a $100 billion investment in the U.S. semiconductor industry without any mention of Intel. Intel’s […]
Read moreMarch 4, 2025 9:36 am
Key moments The Dow Jones Industrial Average experienced a significant decline, falling approximately 650 points, or 1.48%, to close at 43,191. The Nasdaq Composite has seen a decrease of roughly 6.5% since President Trump’s inauguration on January 20th. The S&P 500 recorded its most substantial single-day loss of 2025, with a drop of 1.76%. S&P […]
Read moreMarch 4, 2025 8:43 am
Key moments India’s Nifty 50 index concluded its tenth consecutive trading session with losses, reflecting a period of sustained market downturn. Over these ten sessions, the Nifty 50 experienced a decline of approximately 4%, dropping 16% from its September peak. Companies from the IT, pharmaceutical, and automotive sectors suffered the most significant price reductions. Nifty […]
Read moreMarch 4, 2025 8:24 am
Key moments Super Micro Computer’s stock fell sharply by 13% to $36.07, despite the company resolving its accounting compliance issues. The company is facing an investigation related to potential illegal export of Nvidia chips. Despite the current challenges, Super Micro is moving forward with plans to build a new campus in Silicon Valley to expand […]
Read moreMarch 4, 2025 8:17 am
Key moments Nvidia’s stock took a notable hit on Monday, with shares sliding 8.7% in response to a major trade policy update. The downturn was sparked by President Trump’s announcement confirming the introduction of new tariffs on goods imported from Canada and Mexico. The stock’s value dipped to a daily low point of $112.47 at […]
Read moreMarch 4, 2025 7:36 am
Key moments Market Indices Decline: Major European market indices, including the FTSE 100, DAX, CAC, and FTSE MIB, are projected to open significantly lower. Investor Concerns: The prospect of tariffs has triggered concerns among investors about reigniting inflation and escalating global trade tensions. Retaliatory Measures: China has announced retaliatory tariffs on U.S. goods and export […]
Read moreFebruary 28, 2025 3:03 pm
Key moments Ibotta Inc.’s stock price plummeted by 46.09% to $34.01, continuing a steady decline triggered by disappointing Q4 earnings and a weak Q1 forecast. Both Citi and BofA Securities analysts downgraded Ibotta’s stock rating from “Buy” to “Neutral,” significantly reducing their price targets due to concerns over advertising supply issues and underperformance in the […]
Read moreFebruary 28, 2025 2:41 pm
Key moments Amazon’s stock experienced a 12% drop in value over the past month. The highly anticipated Alexa+ AI update failed to revive Amazon’s struggling shares. Amazon’s decline is part of a wider trend affecting the “Magnificent Seven” tech stocks, influenced by a cooling macroeconomic climate and uncertainties surrounding economic policies. Amazon’s Stock Plunge Underscores […]
Read moreFebruary 28, 2025 2:12 pm
Disney Represents 1.2% of VELA’s Portfolio with $4.34 Million Holdings VELA Investment Management’s strategic realignment involved a 18.2% reduction of its investment in the Walt Disney Company (NYSE:DIS) during Q4 2024, as evidenced by a recent 13F filing with the Securities and Exchange Commission (SEC). This adjustment resulted in the firm holding 38,929 shares of […]
Read moreFebruary 28, 2025 1:23 pm
Key moments Tesla’s stock is experiencing its second-worst monthly performance ever. Investors are worried about Musk’s time management due to his increased public presence and political associations. Tesla’s plans to launch a robotaxi service in 2025 and its attempts to secure permits for self-driving operations in California may lead to potential turnaround. Tesla Shares Plummet […]
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