
Figma stock dropped sharply after the company published its earnings report, which showed that its artificial intelligence costs soared. FIG dropped to $22.3, down substantially from this week’s high of $27.80. So, is it safe to buy the dip or sell the rip? Figma published strong earnings, but higher AI costs Figma, a top company […]
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Sandisk and Western Digital delivered strong quarterly results Wednesday night. Investors sold both stocks anyway. Sandisk reported record fiscal fourth-quarter revenue of $8.97 billion, up 372% from the previous year, while adjusted earnings reached $39.25 per share, compared with $0.29 a year earlier. Western Digital generated $3.75 billion in revenue, up 44%, and lifted its […]
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Why Is Tether Bringing Hadron To Saudi Arabia? Tether is expanding beyond stablecoins by bringing its Hadron tokenization platform to Saudi Arabia, where the company plans to issue and manage institutional-grade real estate assets on blockchain networks. The USDT issuer is working with First Advanced Data for Artificial Intelligence and fintech company BKN301 on the […]
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The S&P 500 Index remains under pressure this month, and this week’s events will determine whether it will bounce back. It was trading at 7,457 points, down by 2.10% from its highest point this year. This article highlights some of the key catalysts that will drive the SPX and VOO ETFs this week. S&P 500 […]
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