Technology

Super Micro (SMCI) Drops 8% Amid Taiwan Raids

Super Micro (SMCI) Drops 8% Amid Taiwan Raids

Taiwan's probe into alleged Nvidia chip smuggling through Super Micro servers has rattled shares even as the stock posts a daily gain. Here's what the price action and fundamentals reveal.

Taiwan Raids Super Micro (SMCI) Over Nvidia Chips

Taiwan Raids Super Micro (SMCI) Over Nvidia Chips

and said it is working with authorities in Taiwan and elsewhere to resolve the matter.What the Numbers SaySuper Micro's market capitalization sits at 19.81 billion dollars, a figure that has…

Tim Cook Blames Micron (MU) for Apple's Price Hike

Tim Cook Blames Micron (MU) for Apple's Price Hike

Apple hiked prices across its Mac and iPad lines and blamed memory chip suppliers, but Micron's own executives tell a different story. Here is what the stock's valuation, momentum and…

Alphabet (GOOGL) Replaces Verizon in Dow Jones

Alphabet (GOOGL) Replaces Verizon in Dow Jones

Alphabet is joining the Dow Jones Industrial Average on June 29, replacing Verizon. With GOOGL at $343.12, an RSI near oversold, and a $4.22 trillion market cap, here is what…

SK Hynix (000660) Plans $29 Billion ADR Listing

SK Hynix (000660) Plans $29 Billion ADR Listing

SK Hynix plans to raise roughly $29.43 billion through a Nasdaq ADR listing targeting July 10, with proceeds earmarked for new chip fabs and EUV equipment as the company races…

Global Markets Sink as AI Sell-Off Deepens

Global Markets Sink as AI Sell-Off Deepens

EWY is trading at $193.98 after the KOSPI fell 10% in a single session, tripping a circuit breaker. Samsung and SK Hynix dragged the index down more than 12%. Here…

Prime Day Sparks $8.3B in US Online Spending

Prime Day Sparks $8.3B in US Online Spending

Amazon Prime Day 2026 opened with $8.3 billion in U.S. online spending across all retailers on day one, up 5.3% year over year. Here is what the data means for…

Qualcomm (QCOM) Buys Modular AI for $3.9B

Qualcomm (QCOM) Buys Modular AI for $3.9B

Qualcomm is acquiring AI software startup Modular in a $3.92 billion all-stock deal, targeting Nvidia's developer lock-in with a hardware-agnostic platform that runs AI models across CPUs, GPUs, NPUs, and…

Government Shuts Down AI Model

Government Shuts Down AI Model

Fox Corporation shares are trading near a 52-week low with an RSI of 23 after announcing a $22 billion deal to acquire Roku. Here's what the market data reveals about…

Why Salesforce (CRM) Stock Rose on Tuesday

Why Salesforce (CRM) Stock Rose on Tuesday

Salesforce shares climbed 2.3% to 153.42 while the broader tech sector slumped, after an analyst backed a $315 target tied to the company's $3.6 billion Fin acquisition. Here's what the…

Dye & Durham CEO Steps Down

Dye & Durham CEO Steps Down

Legal software maker Dye & Durham has lost CEO George Tsivin after about a year, with a board sub-committee taking over. Here's what the leadership shake-up means for a leveraged…

Flipkart Expands Quick Commerce in India

Flipkart Expands Quick Commerce in India

Flipkart Minutes has built 1,000 micro-fulfillment centers in under two years, putting it on track to become India's second-largest quick-commerce network behind Blinkit. Orders are up 400% as electronics and…

Buffett's Top AI Stock: 3 Reasons to Hold Forever

Buffett's Top AI Stock: 3 Reasons to Hold Forever

Berkshire Hathaway's Greg Abel just committed $10 billion more to Alphabet in a private placement, pushing the stake above $30 billion. Here's what the valuation, RSI, and accelerating revenue growth…