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Coinbase Slumps 6%, Strategy Slides 5% in Digital Asset Stocks Rout
24/7 Wall St.99d agobearish
Coinbase Slumps 6%, Strategy Slides 5% in Digital Asset Stocks Rout

Coinbase (NASDAQ:COIN) shares are down 6% intraday, trading near $199 in early action Friday after a prior close of $212.01. The slide is unwinding a chunk of Thursday’s regulatory-optimism rally in digital asset names. Strategy (NASDAQ:MSTR), formerly known as MicroStrategy, is sliding 5% intraday to roughly $177, from a prior close of $186.97. Strategy stock ... Coinbase Slumps 6%, Strategy Slides 5% in Digital Asset Stocks Rout

Stocks Tumble on Inflation Jitters
Barchart99d agobearish
Stocks Tumble on Inflation Jitters

The S&P 500 Index ($SPX ) (SPY ) today is down -1.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.64%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

Intel Slumps 7%, AMD and NVIDIA Slide 4% in Chipmaker Selloff
24/7 Wall St.99d agobearish
Intel Slumps 7%, AMD and NVIDIA Slide 4% in Chipmaker Selloff

The semiconductor sector is selling off at the open on Friday, with all three major U.S.-listed chipmakers giving back a slice of their parabolic spring rallies. Intel (NASDAQ:INTC) shares are leading the move lower, sliding 8% in early trading to $108 from Thursday’s close of $115.93. Advanced Micro Devices (NASDAQ:AMD) stock is down 4% to ... Intel Slumps 7%, AMD and NVIDIA Slide 4% in Chipmaker Selloff

Microsoft Antitrust Probe Tests AI Bundling And Boardroom Oversight
Simply Wall St.99d agobearish
Microsoft Antitrust Probe Tests AI Bundling And Boardroom Oversight

U.K. regulators have opened a formal antitrust investigation into Microsoft’s business software ecosystem, targeting Office, Teams, Copilot, and Azure. The probe focuses on bundling practices and how Microsoft’s services affect competition in cloud and AI interoperability. Microsoft has appointed former EY global chairman and CEO Carmine Di Sibio to its board as a director. At the same time, the company is pursuing independent AI capabilities by acquiring AI startups and expanding beyond its...

Starbucks Cuts Hundreds More Corporate Workers in Turnaround Bid
The Wall Street Journal99d agobearish
Starbucks Cuts Hundreds More Corporate Workers in Turnaround Bid

Starbucks is laying off 300 U.S. workers and closing several regional corporate offices in the latest move by Chief Executive Brian Niccol to turn the coffee chain around. Starbucks said the 300 U.S. corporate roles are based in Seattle along with remote positions scattered around the country. The company said it is closing regional corporate offices in Chicago, Atlanta, Dallas and Burbank, Calif. It will maintain North American regional offices in New York, Toronto and Coral Gables, Fla., along with its Seattle headquarters and a new Nashville, Tenn., corporate hub.

3 Russell 2000 Stocks We’re Skeptical Of
StockStory99d agobearish
3 Russell 2000 Stocks We’re Skeptical Of

The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.

Is Alibaba Group Holding (NYSE:BABA) Offering Value After Recent Restructuring And Cash Flow Outlook?
Simply Wall St.99d agobearish
Is Alibaba Group Holding (NYSE:BABA) Offering Value After Recent Restructuring And Cash Flow Outlook?

If you are wondering whether Alibaba Group Holding is offering good value at its current price, this breakdown will help you judge the stock using clear, comparable valuation checks. The stock most recently closed at US$141.12, with returns of 0.1% over the past week, 7.4% over the past month, a decline of 9.4% year to date, a 15.8% gain over the past year and a decline of 31.6% over five years. Recent coverage has focused on how Alibaba is repositioning its core operations and capital...