Tag: stock market

Amazon Stock Falls After FTC Sues Over Advertising Auction Practices

Amazon shares extended losses on September 1 after the FTC sued the company over advertising auction practices, alleging it overcharged sellers.

Broadcom Stock Falls as In-Line Guidance Leaves Investors Wanting More

Broadcom shares dropped after quarterly guidance met analyst estimates but fell short of the higher bar investors had set for its AI business.

Broadcom Stock Falls as Revenue Forecast Disappoints Despite Upbeat Earnings

Broadcom shares dropped on Thursday after a revenue forecast below estimates, extending a year in which the stock has lagged the broader chip rally.

Shein Shares Fall Again in Hong Kong, Handing Backers 73% Valuation Drop

Shein shares slid 3-5% on their second day in Hong Kong, leaving early private backers with a 73% valuation drop from the IPO.

GitLab Stock Surges After AI-Driven Quarter Beats Wall Street Estimates

GitLab shares surged toward a 52-week high after the company topped second-quarter estimates on AI-driven demand, prompting a William Blair upgrade.

Shein Shares Plunge Up to 28% in Grey Market Before Hong Kong Debut

Shein shares fell as much as 28% in the grey market a day before its Hong Kong listing, deepening doubts over the fast-fashion giant's cut valuation.

Shein Shares Drop 8% in Hong Kong Trading Debut After Multi-Year Wait

Shein began trading in Hong Kong on Tuesday, opening flat before falling about 8%, giving the first market read after years of listing delays.

Nvidia Stock Climbs After Blockbuster Results Soothe AI Jitters

Nvidia shares rose Thursday after strong quarterly results and guidance eased AI demand worries, prompting Goldman Sachs and Citigroup to raise price targe

Bank of America Says Buy Affirm Despite Modest Growth Guidance

Bank of America says Affirm shares could climb further after earnings, even as the buy now, pay later firm issued only a slight growth upgrade.

PayPal Sinks 12% as Advent-Stripe Group Drops Buyout Pursuit

PayPal shares fell about 12% below $55 after an Advent-Stripe group abandoned its takeover pursuit, driving options volume to 134,092 contracts.

CrowdStrike Jumps 11% on Record Quarter as AI Fears Drive Cyber Demand

CrowdStrike shares rose about 11% on August 26 after a record quarter, with rising AI threats driving demand for advanced cybersecurity tools.

Options Traders Bet on Nvidia’s Calmest Earnings Reaction Since AI Boom

Options traders are pricing the smallest post-earnings move for Nvidia in years, a shift some AI bulls view as an opportunity ahead of the chipmaker's repo

Xpeng Shares Sink on Weak Delivery Outlook Despite $6.3 Billion Robot Valuation

Xpeng shares fell Monday as a weak delivery forecast overshadowed a $6.3 billion valuation for its robotics business, keeping focus on core EV demand.

South Korea’s Kospi Falls 30% From June Peak, Trapping Retail Investors

The Kospi has dropped 30% since its June 19 record high, trapping retail investors who chased leveraged products during the earlier rally.

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