WallSt Focus
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Allbirds Soars as Smartbird Rebrand and AI Pivot Ignite Investor Optimism
Allbirds (BIRD) surged on Wednesday after the company unveiled its latest transformation, rebranding itself as Smartbird and naming former Amazon Web Services executive Nadia Carlsten as its new CEO.
Stock Market Today: Dow Gains as Investors Await Fed Decision While Tech Stocks Struggle for Direction
U.S. stocks traded mixed on Wednesday as investors took a more cautious approach ahead of the Federal Reserve's first interest rate decision under Chairman Kevin Warsh.
SpaceX Stock Rally Accelerates as AI Deal and Index Demand Push Valuation Past Microsoft and Amazon
SpaceX's historic post-IPO run is not slowing down, with shares surging again on Tuesday to briefly surpass Microsoft and overtake Amazon by market cap.
Stock Market Today: Dow Climbs While S&P 500, Nasdaq Pause Ahead of Fed Decision and Hormuz Uncertainty
U.S. stocks were mixed on Tuesday as investors took a breather following a record-setting rally, with the Dow Jones Industrial Average extending gains while the S&P 500 and Nasdaq slipped modestly.
US Wholesale Inflation Surges as Energy Shock Pushes Producer Prices to Highest Level Since 2022
Inflation pressures intensified again in May as U.S. producer prices posted their biggest annual increase in more than three years, highlighting how higher energy costs are rippling through the economy.
Stock Market Today: Dow, S&P 500, Nasdaq Climb as Investors Shake Off Iran Escalation and Eye SpaceX IPO
U.S. stocks traded higher on Thursday as Wall Street looked past another round of U.S. strikes against Iran and focused instead on cooling oil prices, resilient economic data, and the next wave of corporate catalysts.
Supermicro Stock Slides After $7 Billion Capital Raise, but AI Demand Remains Intact
Super Micro Computer fell nearly 13% on Wednesday after the AI server maker announced plans to raise approximately $7 billion through a combination of equity and equity-linked financing.