Wall Street bounced back Wednesday after Tuesday's sharp selloff in AI-driven stocks, as investors bought the dip amid solid corporate earnings and growing signs that the Federal Reserve may be nearing another interest rate cut.
Risk appetite cooled on Tuesday as investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.
Top large-cap losers last week included IonQ, Tempus AI, AeroVironment, Astera Labs, Nebius, Kratos, F5, Klarna, Leonardo DRS, and First Horizon, driven by sector pullbacks, policy concerns on defense buybacks, a high-profile cyber breach, and weak earnings.
In a significant development reverberating through the semiconductor industry, Mizuho Securities has substantially increased its price target for Advanced Micro Devices (NASDAQ: AMD) to $275 from $205, reaffirming its "Outperform" rating. This optimistic revision, announced on October 13, 2025, comes on the heels of AMD's groundbreaking multi-year, multi-generation strategic partnership
Astera Labs (NASDAQ: ALAB), founded in 2017 and headquartered in Santa Clara, California, is a global semiconductor company specializing in purpose-built connectivity solutions for artificial intelligence (AI) and cloud infrastructure. The company designs, manufactures, and sells semiconductor-based products and software that address data, memory, and networking bottlenecks in modern data centers. Astera Labs' core business [...]
Birmingham, AL – October 8, 2025 – In a significant development for the energy technology sector, PowerBox Technology, an innovative startup specializing in industrial power reliability, has emerged from the prestigious Techstars Alabama EnergyTech Accelerator. The Illinois-based company is gaining considerable attention for its groundbreaking PowerBlock Modular Platform, a solution designed to
