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Meta stock crashed over 9% after reporting weaker than expected earnings.
SK Hynix stock has dropped 40% in 30 days, potentially signaling lower RAM and GPU prices due to eased supply constraints.
SpaceX stock dropped below its IPO price for the first time since listing, erasing all gains amid dwindling hype. The company has since expanded into AI with acquisitions and mergers, but investor concerns over spending and debt persist.
IBM's stock plunged 24% after CEO Arvind Krishna warned of worse-than-expected quarterly performance due to customers shifting budgets to AI datacenter components, causing delayed mainframe purchases and disrupted deals.
Cerebras Systems stock dropped nearly 20% after forecasting narrower gross margins despite better-than-expected Q1 earnings; CEO Andrew Feldman said the margin outlook was misunderstood due to equipment rental costs.
Elon Musk reacts to a tweet noting that $2,600 invested in Tesla's IPO is now worth over $1 million.