Keywords: Stock drop
Qualcomm shares fell 7 percent in premarket trading on Monday after the chipmaker's new data center AI brand, Dragonfly, was overshadowed by a wave of major announcements from Nvidia at Computex 2026 in Taipei. The decline came despite Qualcomm having gained nearly 40 percent in May, its strongest......
Ferrari’s first fully electric vehicle has triggered sharp criticism from investors and longtime enthusiasts just days after its unveiling in Rome, yet company executives insist demand remains strong and customers are already placing deposits. The new model, called Luce, marks a major shift for......
U.S. software and cybersecurity stocks dropped الخميس after Anthropic chose not to release its new AI model, Claude Mythos, citing its ability to detect and exploit software vulnerabilities. The decision heightened investor concerns about the growing threat artificial intelligence poses to traditional......
Alibaba shares declined in Hong Kong after analysts at Jefferies and UBS lowered their price targets, citing rising artificial intelligence costs and widening losses in non-core businesses. The stock fell 2.9 percent to 122.70 Hong Kong dollars, underperforming the broader Hang Seng Index, which slipped......
The first quarter of 2026 has proven punishing for the technology sector as investors revolt against the scale of artificial intelligence infrastructure spending. Alphabet, Microsoft, Meta, Amazon and Oracle have all seen their shares fall sharply, with the collective capital expenditure plans of the......
Micron Technology shares plunged more than 20% over six straight sessions, entering bear market territory. Investors fear Google's new AI memory compression algorithm could weaken demand for chips fueling the artificial intelligence surge. The stock fell 7% Thursday to close at $355.46, down 23%......
Nvidia shares fell about 4% Thursday as investors reacted to competitive, legal and regulatory challenges facing the AI chip leader. Google unveiled TurboQuant this week, an algorithm that cuts AI memory use by up to six times and boosts H100 inference speed by eight times without accuracy loss. Set......
Salesforce shares dropped 5.8 percent on Tuesday after Anthropic said its Claude assistant can now control a user’s computer to perform tasks. The move renewed concerns that autonomous AI agents could weaken traditional enterprise software models. The stock decline extends a difficult year for......
Japan’s Nikkei 225 index fell sharply by nearly 5 percent on Monday, losing more than 2,600 points as escalating conflict in the Middle East triggered a broad selloff across Asian markets and intensified concerns over a prolonged energy-driven inflation shock. South Korea’s Kospi dropped......
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