Analysts raise Intel’s target after revising 2030 semiconductor market size to $2.7 trillion from $2.3 trillion amid AI-driven demand. Bank of America analysts increased Intel’s price target following a revision of the 2030 semiconductor total addressable market to $2.7 tr
GameStop withdraws a $35 billion performance award for CEO Ryan Cohen as investor lawsuits and eBay bid scrutiny intensify. GameStop Corp (GME) has abandoned a $35 billion performance-based bonus plan for CEO Ryan Cohen after he requested its removal. The award, approved i
Micron’s Q3 revenue and EPS estimates show 285% and 991% year-over-year growth, respectively, while its stock lags at 721%. Micron reports earnings after the close, with its stock trading at $1043, down $8.50 on the day but up 721% from a year ago. Revenue surged from $9.3
A $1.23 trillion market cap company's bond issuance sparked a supply shock, amplifying losses across leveraged and passive funds. SpaceX’s announcement of investment-grade bond sales, weeks after raising equity, triggered a nearly 20% weekly decline in its NASDAQ-listed st
Stellantis aims to boost U.S. Ram sales by 60% by 2030, expanding its lineup to drive a potential turnaround in stock performance. Stellantis plans to aggressively grow its Ram brand, targeting 825,000 U.S. sales by 2030—a 60% increase from last year. The automaker will do
NNOX expects a 61% year-over-year revenue increase to $4.54M but a wider loss of $0.14 per share in Q1. Nano-X Imaging (NNOX) will report Q1 2026 earnings on June 25 before the market opens. Analysts anticipate a loss of $0.14 per share, improving 33.3% year-over-year, alo
Micron Technology shares fell 11% despite strong earnings, pulling down AMD and Intel as tech stocks retreated broadly. The NASDAQ dropped 3% as semiconductor stocks led declines, with Micron Technology (MU) tumbling 11% intraday from $1,211.38 to $1,083.84. The sell-off f
KraneShares Artificial Intelligence ETF holds $13 million in Anthropic The KraneShares Artificial Intelligence and Technology ETF has invested in Anthropic, a private AI company. As of June 22, the ETF holds 17,829 shares of Anthropic valued at nearly $13 million.
The humanoid robotics firm secures $620 million in proceeds to scale production and fulfill $300 million in multi-year orders. Agility Robotics will merge with Churchill Capital Corp XI in a deal valuing the company at $2.5 billion. The transaction is expected to raise ove
Shares of Rocket Companies and Opendoor rise as lower mortgage rates boost refinancing and home transaction volumes. Rocket Companies (NYSE:RKT) and Opendoor Technologies (NASDAQ:OPEN) surged 13% and 5%, respectively, in midday trading Wednesday, driven by hopes of a refin
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