Gold remained under pressure on Thursday as resilient US consumer spending and a continued rally in oil prices weighed on investor sentiment, offsetting support from softer inflation expectations and ongoing geopolitical tensions. The precious metal struggled to hold support at $4,000 an ounce, with investors reassessing the outlook for interest rates after the latest US
Alibaba’s US-listed shares rose more than 6% on Wednesday after the Chinese technology giant confirmed that its Qwen artificial intelligence model will power Apple Intelligence features for users in China. This marks a major milestone in Apple’s long-delayed AI rollout in the country. Apple shares also gained about 1.8%, while Baidu’s US-listed stock climbed roughly
Apple Inc. is emerging as an unlikely winner from Wall Street’s growing scepticism over artificial intelligence spending, with investors increasingly rotating into the iPhone maker as chipmakers and cloud-computing companies face mounting pressure. The stock has rebounded sharply after disappointing investors with its latest AI announcements, adding nearly $600 billion in market value since bottoming
UnitedHealth Group stock has been in a strong rally this year as investors cheered its turnaround efforts and the Trump administration’s decision to boost Medicare Advantage payments by a larger-than-expected rate. UNH jumped and peaked at $434 last week, up by 66% from its lowest point this year. This surge mirrored that of other health
Retail investors, long considered one of the strongest pillars supporting the US stock market since the pandemic, are becoming increasingly selective as market leadership shifts rapidly and alternative investment opportunities gain traction. Recent data suggest individual investors are rotating between themes rather than making broad-based bets on the stock market. At the same time, a
Nvidia stock (NVDA) traded higher on Friday as investors looked past reports that one of the company’s largest customers is stepping up development of its own artificial intelligence processors. The stock was up about 2.3% at around $207 at the time of writing after trading lower in premarket activity. Meta advances custom AI chip efforts
NY-headquartered Citigroup has been the perennial laggard of Wall Street for years, burdened by the legacy of the global financial crisis and an unmanageable corporate structure. However, the narrative has flipped, with a renowned wealth manager, Josh Brown, recently calling Citi “one of the top bank stocks” to own – driven by a profound operational
Plug Power stock extended its sharp sell-off this week, falling to its lowest level since April 2. The shares have plunged 45% from their highest level this year and have slipped below the 200-day moving average, while short interest remains elevated despite the company’s ongoing turnaround efforts. Rising short interest despite turnaround measures Plug Power,
SpaceX stock (NASDAQ: SPCX) is all set to enter the Nasdaq-100 on Tuesday, less than a month after its June 12 market debut, giving one of 2026’s biggest IPO trades a powerful new technical catalyst. Nasdaq confirmed the fast-track inclusion late last month, opening the door for index-tracking funds to buy the stock. J.P. Morgan
The artificial intelligence boom has a people problem, and it is getting worse faster than most investors have noticed. While Wall Street has spent the better part of three years fixating on chip stocks, hyperscaler spending, and the relentless march of AI valuations, a less glamorous drama has been unfolding in suburban town halls, county