Alphabet Inc. (GOOGL) shares fell 4.15% following a jury verdict holding YouTube liable in a social media addiction lawsuit. Amazon.com Inc (AMZN) shares dropped 3.10% amid investor concerns over massive capital expenditures for AI factories and AWS. However, Alphabet's shares surged over 5% after OpenAI discontinued its Sora video generation project, and the company launched the cost-effective Veo 3.1 Lite model, achieving an 11.3% revenue growth.
Intel Corp (INTC) shares rose by 3.27% on March 31, driven by positive developments in its semiconductor roadmap. The company officially launched its Core Ultra Series 3 chips for commercial PCs, marking a significant milestone by utilizing its advanced 18A process technology. This move signals Intel's progress in its…
Read the full storyPfizer Inc. (PFE) shares climbed 3.06% on March 31, following the announcement of successful Phase 3 clinical trials for several key products. The pharmaceutical giant reported positive results for its Lyme vaccine candidate, as well as its oncology treatments TALZENNA and tucatinib. These breakthroughs in the…
Meta Platforms Inc (META) shares rallied by 4.03% on March 31, reflecting strong market confidence following a bullish endorsement from Morgan Stanley. The investment bank designated the tech giant as a 'Top Pick' for investors, citing its robust financial outlook and strategic growth drivers. Investor sentiment was…
Seagate Technology Holdings PLC (STX) shares experienced a significant decline of 5.47% on March 30, reflecting growing investor caution in the storage hardware sector. The sell-off was primarily triggered by concerns surrounding Google’s new TurboQuant technology, which promises to enhance AI memory efficiency.…
Exxon Mobil shares saw a significant gain of 4.56% on March 30, buoyed by a sharp rise in global energy prices. Brent crude prices approached the $120 per barrel mark as geopolitical tensions in the Middle East and risks surrounding the Strait of Hormuz intensified. In contrast, the travel sector faced headwinds as…