Investors are closely watching Robinhood Markets as its upcoming earnings report on July 29 will test the bull case for its diversification against bear concerns over a high valuation and execution risks.
Shares in the cryptocurrency exchange jumped over 12% amid a legislative push for the CLARITY Act and news of its expansion into the tokenized securities market.
Barclays analysts project a surge in AI-related capital spending, identifying workforce accommodation providers like Target Hospitality and Civeo Corp. as key beneficiaries of the massive data center construction required.
A group of 25 Republican lawmakers has called on the Trump administration to take action against the EU's Digital Markets Act, alleging it unfairly targets U.S. tech companies and suggesting the use of trade investigations.
The Chinese artificial intelligence lab is reportedly set to begin talks for a final private fundraising round in August, aiming for a valuation of up to $50 billion ahead of a potential Hong Kong listing this year.
Chipmakers like Micron and Applied Materials led a broad tech rally on Tuesday, while significant declines in large-cap stocks such as Danaher and MSCI pointed to a bifurcated market.
Cathie Wood's investment firm has significantly increased its holdings in SpaceX and Coinbase, capitalizing on recent price drops while trimming its position in chipmaker AMD.
Shares of the closed-end fund (NASDAQ:PWRL) rose 4% after its Board of Directors authorized a plan to repurchase up to 10% of its outstanding common stock over the next 12 months.
Options traders are anticipating a 4.9% move in Boeing's stock price following its upcoming earnings release on July 28. Historical data shows the aerospace giant's shares have typically moved less than the implied volatility priced in by the options market.
