Reliance Industries, led by Mukesh Ambani, unveiled Jio Frames smart glasses and a $50 billion AI push with Google and Meta partnerships, intensifying its challenge to global tech and consumer brands like Meta, Starbucks, Coca-Cola, Pepsi, and Netflix.
The financial world is abuzz with the strong likelihood of impending interest rate cuts by the Federal Reserve, a significant pivot in monetary policy that has sent ripples across global markets. Following Federal Reserve Chair Jerome Powell's recent address at the annual Jackson Hole Economic Symposium, Wall Street has largely
Shares of laser company nLIGHT (NASDAQ:LASR) fell 4.1% in the afternoon session after announcements of new U.S. export restrictions on semiconductor technology to China. The U.S. Department of Commerce announced it was closing a loophole that allowed some foreign companies to export semiconductor manufacturing equipment to China without a license. This regulatory tightening creates a new headwind for the industry.
Shares of self defense company AXON (NASDAQ:AXON)
fell 3.6% in the afternoon session after a broader downturn in the technology sector placed the company among the Nasdaq 100's biggest decliners.
Shares of cloud communications provider 8x8 (NASDAQ:EGHT) fell 2% in the afternoon session after a broader market selloff that particularly impacted technology stocks.
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 2.4% in the morning session after the stock appeared to be taking a breather as a strong rally left it in technically overbought territory.
Shares of semiconductor production equipment provider Amtech Systems (NASDAQ:ASYS) fell 2.6% in the morning session after the semiconductor sector pulled back, triggered by a disappointing forecast from peer Marvell Technology.
Netflix is thriving with diverse content, live sports, and retail expansions. Its KPop Demon Hunters topped box office and ad-supported tier drove subscriber growth.
Is Netflix on its way to a trillion-dollar valuation? Here's what it would take to get there, and how much you should care about this nice, round target value.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA)
fell 0.4% in the afternoon session after its second-quarter earnings report, which, despite beating profit estimates, failed to deliver the blowout results investors have come to expect.
Shares of data center products and services company Vertiv (NYSE:VRT)
jumped 4.1% in the afternoon session after the company announced its acquisition of Waylay NV, a Belgium-based specialist in automation and generative AI software.
Shares of aerospace and defense company Redwire (NYSE:RDW)
jumped 3.2% in the morning session after the company announced it was awarded a $25 million contract by NASA.
Shares of cloud security and performance company Cloudflare (NYSE:NET) jumped 4.2% in the afternoon session after the stock extended its positive momentum as the company announced a new suite of AI security features and integrations aimed at helping businesses safely adopt artificial intelligence.
The global financial landscape is bracing for a significant shift as major central banks, including the U.S. Federal Reserve, the European Central Bank, and the Bank of England, signal an anticipated move towards monetary policy easing through interest rate cuts. This pivot, emerging after a period of aggressive tightening
The financial markets are witnessing a profound rebalancing act, shifting away from the long-standing dominance of a handful of mega-cap technology giants towards a broader, more diversified landscape. This pivotal moment, gaining significant momentum in mid-2025, sees cyclical stocks, small-cap companies, and sectors like materials, consumer discretionary, and financials gaining
