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Latest Stock Market Updates

Semiconductor Stocks Tumble as OpenAI Data Center Spending Rumors Spook Investors

Key Points: A fresh Wall Street Journal report claims OpenAI missed its goal of 1 billion weekly active users, sparking a massive sell-off in semiconductor stocks. The PHLX Semiconductor Index broke an incredible 18-day winning streak that previously included 13 consecutive record highs. Top artificial intelligence companies like Nvidia, AMD, and Oracle saw steep declines alongside smaller equipment makers like Rambus and Arm. Wall Street...

Wall Street Slides as OpenAI Misses Targets and Iran Conflict Disrupts Markets

Key Points: OpenAI missed its 1-billion-user goal, dragging down major tech and cloud computing stocks. President Donald Trump claimed Iran is in a state of collapse as the Strait of Hormuz remains closed. The Bank of Japan held its interest rate at 0.75% while warning about high oil prices. General Motors and Coca-Cola posted strong earnings, while UPS reported a 28% drop in profit. Wall...

Amazon Prepares for High Stakes Earnings Call Amid Massive Tech Spending

Key Points: Amazon will share its first-quarter earnings this Wednesday alongside massive tech rivals like Google and Microsoft. The company plans to spend $200 billion on artificial intelligence infrastructure this year alone. High gas prices pose a major problem for the shipping industry, potentially costing companies billions. Analysts expect Amazon to report $177.2 billion in total revenue and strong growth in its cloud computing division....