MediaFuse, the company behind PR distribution platforms including Chainwire, CyberNewsWire, GamingWire, and FinanceWire, has announced the launch of TechnologyWire, a press release distribution platform focused on technology companies and startups.TechnologyWire distributes press releases to a network of technology-focused publications, where content is published on the homepage or category pages. According…
Navitas Semiconductor stock (NASDAQ: NVTS) fell sharply in pre-market trading on Wednesday after Wolfspeed accused the company of infringing patents across several core power-chip product lines.The development adds a legal overhang to one of the market’s more volatile AI-linked semiconductor trades.NVTS was trading around $13.99, down about 8.2%, while some…
Wall Street’s rally is facing a fresh Middle East test before the opening bell. US stock futures slid on Wednesday after President Donald Trump said the Iran peace memorandum was “over”, sending oil prices higher and putting renewed pressure on technology shares. Nasdaq 100 futures touched a four-week low as…
The S&P 500 Index and the VOO ETF have largely stagnated over the past two months as some of their biggest constituents, including Nvidia and Meta Platforms, have pulled back. The index was trading at 7,537, up 20% from its lowest level this year, and several key technical and fundamental…
Rivian stock is doing well this month and beating its top rivals like Lucid and Tesla, helped by its strong vehicle delivery numbers. RIVN soared to $20.15 on Monday, its highest level since January 8. This rally may continue ahead of its earnings, which are coming out on July 30th. Rivian…
Palo Alto Networks stock continues its strong uptrend this week and is now hovering at its all-time high. PANW jumped by 156% from its lowest point this year, with analysts expecting more gains. BNP Paribas predicts that PANW will jump from the current $357 to $380, while Wells Fargo sees it…
Brent crude oil price jumped to $76 after the fragile US-Iran ceasefire came under renewed pressure overnight.It has risen by 8.45% from its lowest level this month. Similarly, the WTI benchmark rose to $72.38 from this month’s low of $66.50.US and Iran ceasefire at risk of endingThe ceasefire deal signed…
The Nikkei 225 Index traded sideways on July 8 as artificial intelligence (AI) stocks rebounded after Tuesday’s sharp sell-off. The index was trading at 66,800, about 7% below its highest level this year. Despite the recent weakness, it has formed a highly bullish technical pattern, signaling that a rebound could…
The Hang Seng Index staged a strong comeback today, reaching its highest level since June 18, as investors rotated towards Chinese technology companies that have been left behind in the recent rally. It jumped to 24,057, up by 6.8% from its lowest point this year.Hang Seng Index soars as tech…
On Monday, Broadcom shares rallied after the chipmaker extended its long-term partnership with Apple through 2031, reinforcing its position in the iPhone maker’s supply chain.Strategy disclosed that it sold $216 million worth of Bitcoin under its newly introduced treasury framework while reporting a sharp quarterly loss on its digital assets.Oil…