Micron drives chip stock rally as AI demand impacts revenue forecast

By Arsheeya Bajwa (Reuters) – Micron Technology shares rose 15 percent in premarket trading on Thursday, leading a rally in chip stocks after the company’s strong sales forecast signaled robust demand for semiconductors used to power generative AI technology. The…

Fubo Stock Is Soaring: Should You Buy It?

FuboTV (NYSE:FUBO) The stock has been on a tear this month. The virtual cable provider focused on sports content has had a rough time in recent years, with its stock falling 97% from its all-time high, but just received positive…

Why is Nvidia (NVDA) stock plunging after beating “expectations”?

NVIDIA Corporation (NVDA) just released its latest results. Nvidia’s second-quarter earnings report beat expectations. Revenue reached $30 billion, up 122% year over year and 15% quarter over quarter. This strong performance resulted in adjusted earnings per share (EPS) of $0.68,…

Super Micro Computer shares rise after slump following earnings release