Shares of Super Micro Computer nosedived Friday as an analyst threw some cold water on the U.S.’ hottest stock, but shares of the company viewed as among the top pure artificial intelligence plays remain up an eye-popping level.
Shares of artificial intelligence leader Nvidia are up more than 400% since the beginning of last year, adding about $1.5 trillion to its market capitalization.
L’Oreal heiress Francoise Bettencourt Meyers’ net worth fell as L’Oreal stock tanked 8%, its worst single-day slide since the peak of the Great Recession.
Disney’s latest earnings report left Wall Street “incredibly encouraged” after the entertainment king projected its best annual profit since 2018.
Snap stock’s “violent” 35% crash Wednesday was the third-worst daily drop in Snap’s history.
Tesla has lost $210 billion of market value in 2024 while Eli Lilly gained $140 billion, as investors trade ditch their EV optimism for the GLP-1 craze.
Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.
But Apple (shares down 5% this year) and Tesla (down 26%) have watched on the sidelines as their big tech peers have won over investors in 2024.
Tesla stock dipped 9% premarket after the EV giant registered its first annual profit decline since 2017 and reported a double miss for Q4 earnings.
Microsoft joined Apple in the highly exclusive $3 trillion club Wednesday.