Amazon.com Inc. reported Q2 revenue growth of 37% year-over-year for its Amazon Web Services (AWS) segment, beating analyst expectations of around 31%, and raised its full-year capital expenditure gui…
Wall Street partially recovered after a volatile week from July 18-25, during which the Dow Jones fell more than 0.75%, the S&P 500 slid roughly 1%, and the Nasdaq dropped approximately 1.4% in a sing…
Microsoft, Amazon, and Alphabet (Google's parent company) collectively added nearly $1.5 trillion in market capitalization in a single week, bringing their combined market cap to roughly $9.6 trillion…
All three major US indices climbed on a semiconductor-fueled rally after South Korea's KOSPI recovered from a dramatic selloff, with chip stocks leading the charge. Samsung Electronics and SK Hynix re…
Nasdaq has entered correction territory, the semiconductor index has plunged, and AI favorites have taken a hit, yet the Stockholm Stock Exchange is nearing record highs. EFN's podcast discusses Micro…
Korean stocks opened sharply higher Friday, with the KOSPI adding 1.15 percent to 5,657.79, driven by gains in semiconductor shares after Microsoft's strong earnings report. Microsoft jumped 15 percen…
Gemini, the crypto exchange co-founded by Cameron and Tyler Winklevoss, will launch commission-free stock trading for eligible US users on July 7, 2026, adding thousands of US-listed equities to its p…
Chip stocks are tumbling and AI bubble fears are spiraling, but a market crash rivaling 2000 or 2008 is unlikely, according to Inside AI. The Nasdaq is flirting with a 10% correction and the Philadelp…
Ionic Digital, a bitcoin miner turned AI infrastructure company, is set for a direct listing on Nasdaq under the ticker IOND on July 28 with a post-money valuation of approximately $2.4 billion, makin…
SK Hynix reported Q2 2026 operating profit of KRW 60.54 trillion, a 557% surge from a year earlier, but missed analyst expectations of KRW 64 trillion, causing shares to slump 9.6% to 13% on the Korea…
Seoul shares turned lower late Wednesday morning, with the KOSPI falling 6.24% to 5,647.65, as investors dumped tech stocks amid concerns over future AI spending. The Korea Exchange activated a sell-s…
Ionic Digital surged 9% on its first trading day on Nasdaq on July 28, with shares opening at $53 and closing higher under ticker IOND. The company, formed from Celsius Network's bankruptcy assets, op…
The Nasdaq fell 1.2% Tuesday as a chipmaker rout deepened on fears of an AI bubble and Chinese competition, with Micron, AMD, Intel, Broadcom, and Nvidia slumping 10%, 8.4%, 7%, 1.8%, and 1%, respecti…
The Nasdaq Composite fell 107.0 points, or 0.43%, to 24,825.072 at the open on Tuesday as AI worries mounted ahead of pivotal earnings, with concerns about hefty corporate spending and rising Chinese …
Applied Digital reported fiscal Q4 2026 revenue of $258.7 million, a 407% year-over-year increase, driven by its pivot from crypto mining to AI-focused data centers. The company has secured approximat…
Galaxy Digital has acquired nearly 500 acres in McGregor, Texas, for a new data center campus focused on AI and high-performance computing, with an investment of over $400 million. The project, called…
Korean stocks opened sharply lower Tuesday, with the KOSPI falling 6.41 percent to 6,322.80, driven by losses in tech shares after a selloff in chipmakers on Wall Street. The Korea Exchange activated …
Applied Digital posted Q4 fiscal 2026 revenue of $258.7 million, a 407% year-over-year increase, and adjusted earnings of $0.04 per diluted share, beating Wall Street estimates. The AI data center com…
SK Hynix raised $26.5 billion in a Nasdaq listing on July 10, pricing 177.9 million American depositary shares at $149 each, in what is described as one of the largest US share sales ever by a foreign…
The Nasdaq Composite fell 2.15% on July 23 after Alphabet and Tesla earnings revived concern about heavy AI spending, while surging oil prices added inflation pressure. Alphabet reported $119.8 billio…