AMD and Nvidia’s valuation gap widens to an unprecedented level
AMD trades at a sharply higher valuation than Nvidia even though Nvidia is larger, growing faster, and carries far stronger…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Palantir Stock Surges 51.5% in August After Blowout Earnings
Palantir shares rallied 51.5% in August, recovering from a sector-wide slump, after second-quarter results beat analyst expectations. Revenue grew 93%…
Zara owner Inditex posts second-quarter profit miss despite 9% currency-adjusted August sales growth
Inditex shares fell around 3% on Wednesday after the Zara owner posted a second-quarter profit margin miss, even as currency-adjusted…
Loop Capital initiates coverage on Affirm, Klarna and Dave with split ratings
Loop Capital initiated coverage on three consumer fintech stocks Tuesday, giving buy ratings to Affirm and Dave while placing Klarna…
Intel Shares Jump 9% After $20 Billion Stock Sale and Nvidia’s $30 Billion Stake
Intel shares closed at $104.47 on Tuesday, up 9.05% on the day after the company completed a $20 billion stock…
