Traders pile into 'bubble puts' on CoreWeave as neocloud stocks plunge
As a key corner of the artificial intelligence trade takes a beating on Wednesday, traders are betting it could get even worse.
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SK Hynix, SoftBank, Samsung Electronics, ASML shares: tech stocks fall
The SK Hynix Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Tuesday, June 2, 2026. Lam Yik Fei | Bloomberg | Getty Images Technology stocks fell Tuesday after a sell-off in U.S. semiconductor shares sparked worries over artificial intelligence financing and intensifying competition. European chip stocks sank in early morning trade, with…
Oil prices hit $105, stocks tumble as Trump weighs Iran strikes
The price of oil jumped sharply Thursday, as President Donald Trump weighs whether to resume large-scale U.S. military operations against Iran in the coming weeks. Brent crude oil rose more than 5% to more than $105 per barrel in early trading, while U.S. crude oil rose almost 5% to nearly $93 per barrel. Benchmark diesel…
Top Wall Street analysts like these 3 stocks for the long haul
Global stock markets have been volatile as investors assess high bond yields and continued tensions between the U.S. and Iran. There are concerns about the impact of uncertainty in the Middle East on oil prices and consequently on inflation. Investors who prefer to look beyond short-term noise and buy stocks with attractive long-term growth potential…
Are African stocks riskier than the US market?
American investor Finn Walker is the managing partner of Heron Partners, which invests in companies listed on African stock exchanges. One of the key reasons Walker is bullish on Africa is the continent’s young and fast-growing population. Africa’s population is projected to reach around 2.5 billion by 2050, up from roughly 1.6 billion today –…
Chip stocks shed $1 trillion as selloff hits companies powering AI boom
The world’s most valuable chip stocks have seen more than $1 trillion wiped from their market caps this week as investor jitters swept through the sector. The selloff was led by Nvidia, which saw a $238 billion rout since market close on Friday. SK Hynix, Samsung Electronics and Micron — all key players in the…
Africa: South Africa’s Stocks & Strauss Closes $24m University Technology Fund
South African investment firm Stocks & Strauss closed its University Technology Fund II at ZAR400 million, or about $24 million, to back startups linked to local universities and alumni networks. The close brings total capital across the firm’s university-linked early-stage investment platform to more than ZAR700 million. The platform is designed to help commercialise innovation…
Nvidia, Alphabet sit out megacap tech bounce as chip stocks sink
Jensen Huang, CEO of NVIDIA, speaks to reporters and answers questions during a brief press availability outside a Korean barbecue restaurant in Seoul, South Korea, on June 5, 2026. Chris Jung | Nurphoto | Getty Images Chip stocks sold off on Friday amid mounting concerns over the rising cost of artificial intelligence infrastructure. Intel shed…
Tech stocks rebound after global AI selloff batters chip stocks
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session. Shares of Micron rose 4.89% in premarket trading, and Sandisk…
World Cup, AI stocks, SpaceX IPO
Argentina’s forward #10 Lionel Messi kicks the ball during the Qatar 2022 World Cup final football match between Argentina and France at Lusail Stadium in Lusail, north of Doha on December 18, 2022. Kirill Kudryavtsev | Afp | Getty Images There is a special type of fever around a men’s soccer World Cup. And the…