Tech stocks today: Elon Musk loses court battle against OpenAI, Samsung extends talks to avert looming strike
A dispute over semiconductor workers’ bonuses in Korea could upend global technology supply chains and weigh on South Korea’s economy, as Samsung’s (016360.KS) labor union has threatened to go on strike on May 21 for 18 days.
On Sunday, Samsung and the union agreed to extend negotiations after the first round of government-mediated talks failed and a South Korean court granted a partial injunction that could compel workers to show up amid a strike,
Read MoreWhy investing in SoundHound AI may be a good idea
SoundHound AI (SOUN 1.13%) is a voice artificial intelligence (AI) company that has been a polarizing investment. It possesses some exciting growth opportunities in tech, and with a market cap of less than $4 billion, it’s fairly small compared to other top AI stocks; thus,
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Read MoreOne of Wall Street's biggest stock bulls sees a 'meaningful correction' ahead if bond yields keep surging
Stocks could be set up for a “meaningful correction” if bond yields don’t steady, according to one of Wall Street’s top strategists.
Morgan Stanley CIO Michael Wilson has been bullish on US equities for a long time,
Read MoreBitcoin (BTC) ETFs Pulled in $2B in April: Can the Flows Continue in May?
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Bitcoin ETFs recorded roughly $2 billion in net inflows in April—the strongest monthly total of the year. BlackRock’s IBIT alone pulled in around $2 billion in net subscriptions, more than the total flows since other funds like Grayscale’s GBTC posted net outflows.
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The funds started with a $629.73 million single-day inflow on May 1,
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Read MoreThe Burst
Nearly 200% Higher, Will This Space Stock Keep Soaring?
Planet Labs combines satellite imaging and data analytics technologies to provide a service valuable to government agencies, corporations, and non-governmental organizations. The company has been developing its unique technology for 14 years, but it didn’t become a publicly traded company until 2021.
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Read MoreThe Ivy
Billionaire Loves These Stocks Most of All
Stanley Druckenmiller doesn’t toss around stock picks like confetti. When he makes a move, it matters not just because of his track record (which is ridiculous by the way) but because his strategy blends macro trends with razor-sharp stock selection.
In 2025, he’s not chasing headlines. He’s making some bold, high-conviction bets, and a few of them are pretty surprising.
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Read MoreThe Spotlight
The Greatest Trader In History?
Sometimes if you can’t beat ’em, you just have to join ’em. That might well be the case when it comes to Nancy Pelosi’s investment portfolio.
In online forums, her extraordinary outperformance has received enormous attention. How did Nancy Pelosi generate so much wealth on a politician’s salary is a common refrain.
Recently,