Stock Market News

Nvidia Stock Tumbles 3.43% to $115.43 Following GTC Conference

Key moments Nvidia shares plummeted 3.43% to close at $115.43 on Tuesday. CEO Jensen Huang’s presentation on Nvidia’s future and AI advancements did not impress investors. Despite the daily drop, pre-market figures reached $116, and Nvidia’s market cap remains at $2.83 trillion. Huang’s GTC Conference Speech Underwhelmed Investors А highly anticipated keynote address from CEO […] Read more

NZX 50 Falls 0.3%, Major Constituents Slide Up to 3.46%

Key moments NZX 50 index concludes a third consecutive day of decline, reaching a seven-month low. As of March 19, the index experienced a 0.3% decline, closing at 12.046. Domestic consumer confidence weakens amidst cost-of-living pressures and trade war apprehensions. Investor focus shifts to upcoming GDP data release, anticipating quarterly growth amidst annual contraction, while […] Read more

Apple Price Target Raised to $275, Potential $375 Peak, Says Evercore ISI

Key moments Evercore ISI analysts raise Apple’s price target to $275, citing its position as a “tech staple” and potential AI beneficiary. As of March 19, 2025, Apple shares are down -0.61%, to 212.69 USD. Analysts predict sustainable mid-single-digit revenue growth and low-to-mid-teen percentage growth in EPS and free cash flow for Apple. Evercore highlights […] Read more

MicroStrategy Shares Plunge 5% Ahead of $500M Stock Sale

Key moments MicroStrategy’s share price experienced a significant drop on Tuesday, falling 5% and dipping below $280. Strategy aims to raise $500 by selling 5 million perpetual preferred shares. Strategy appears to be taking a cautious approach, as indicated by the scale of its recent Bitcoin purchases. $500M Preferred Stock Sale Set to Aid MicroStrategy […] Read more

Alphabet Nears $30B Wiz Deal to Boost Cloud Security

Key moments Alphabet is reportedly in advanced negotiations to acquire cybersecurity startup Wiz for $30 billion. This possible acquisition comes after a prior $23 billion agreement was terminated, primarily because of anxieties related to investors and antitrust issues. The acquisition aims to strengthen Alphabet’s cloud computing offerings through Wiz’s enhanced security capabilities. Alphabet’s Pursuit of […] Read more

Intel Shares Jump 6.82% to $25.69, New CEO’s Appointment Prolongs Market Enthusiasm

Key moments On Monday, Intel’s share price increased by 6.82%, closing at $25.69 and signaling a strong positive reaction from investors. Since Lip-Bu Tan officially took over as CEO on Tuesday, Intel’s pre-market trading saw shares achieve a surge of almost 1%. It appears Tan plans to streamline Intel’s management and revitalize chip manufacturing, as […] Read more

Tesla Stock Plummets 4.8% to $238 as Analysts Slash Delivery Forecasts

Key moments Tesla’s shares slid 4.8% on Monday, extending the electric vehicle maker’s period of market difficulty. Mizuho Securities analyst Vijay Rakesh drastically reduced Tesla’s full-year delivery forecast to 1.8 million. JPMorgan’s Ryan Brinkman also lowered delivery expectations, anticipating fourth-quarter figures to not exceed 355,000. Additionally, Brinkman lowered Tesla’s stock price target by $10. Tesla’s […] Read more

AI-Powered SentinelOne Reports Growth, Stock Value Draws Investor Attention

Key moments SentinelOne reports accelerated revenue growth in the fourth quarter of fiscal 2025, signaling strong market momentum. The company demonstrates significant progress towards profitability, achieving a non-GAAP net profit for the fiscal year. Despite a substantial stock decline from its 2021 peak, SentinelOne’s current valuation appears favorable compared to industry peers. SentinelOne Demonstrates Growth […] Read more

DAX Starts at 23,266 EUR as German Fiscal Reform Vote Approaches

Key moments DAX opens at 23,266 EUR, reflecting investor optimism surrounding Germany’s impending fiscal reform vote. Anticipated parliamentary approval of a €500 billion infrastructure fund and related fiscal measures drives sector-specific gains, notably in banking, construction, and defense. Market sentiment remains sensitive to potential US-EU trade tensions and the trajectory of central bank policies, creating […] Read more

AI Advancements Fuel Baidu’s 9.8% Stock Surge

Key moments Baidu’s stock experienced a significant surge, closing with a 9.8% gain on Monday. The company unveiled two new advanced AI models, ERNIE 4.5 and ERNIE X1. Baidu’s X1 model is positioned as a cost-effective alternative to rival AI models, boasting comparable performance at a reduced price. Baidu’s AI Advancements Fuel Stock Market Rise […] Read more