Section
Stocks
Alphabet (GOOGL) $84.75bn AI stock raise goes live
Alphabet $84.75bn AI stock raise moved from plan to transaction, with a $40bn ATM, stock offering and Berkshire placement.
Marvell (MRVL), Flex (FLEX) join S&P 500 in AI shift
Marvell and Flex join the S&P 500 on June 22, showing how AI chips and contract manufacturing are gaining benchmark weight.
GameStop (GME) Q1 profit jumps on $2B buyback plan
GameStop (GME) Q1 profit and a $2B buyback shift attention to capital returns, but eBay-linked gains complicate earnings.
Broadcom AI outlook tests chip rally’s perfection trade
Broadcom AI outlook disappointed investors because strong growth was no longer enough after a $280bn run-up in the chipmaker’s shares.
Kioxia market cap tops Toyota as AI trade reshapes Japan
Kioxia market cap briefly topped Toyota's as investors priced AI memory demand into Japan's hierarchy, but the memory cycle still matters.
Alphabet (GOOGL) seeks $80bn for AI capex surge
Alphabet $80bn raise would fund AI infrastructure and compute as Berkshire Hathaway commits $10bn and shares fall 2 per cent after hours.
Exxon (XOM) Texas domicile vote wins 71.2% backing
Exxon Texas domicile vote secured 71.2% support, giving management a governance win despite ISS and Glass Lewis opposition.
HDFC Bank shares fall on report that deepens CEO woes
HDFC Bank shares fell after a report alleged Rs 45 crore of payments were disguised as marketing expenses, sharpening scrutiny of chief executive Sashidhar Jagdishan.
BP chairman Albert Manifold removed; shares fall 5%
BP removed chairman Albert Manifold after the board cited governance and conduct concerns, sending the oil major's shares down about 5 per cent.
Ferrari shares fall 6.3% after Luce EV debut tests pricing power
Ferrari shares fell 6.3 per cent after the carmaker launched the Luce, its first fully electric model, as investors weighed luxury EV demand and pricing power.
Micron stock jumps 14.2% after UBS lifts target to $1,625
Micron shares rose 14.2 per cent after UBS lifted its target to $1,625, saying AI-driven memory demand could support a richer valuation.
Dropbox (DBX) CEO Drew Houston to step down after 19 years
Dropbox CEO Drew Houston will become executive chairman as Ashraf Alkarmi moves toward the top job, putting succession and AI execution in focus.
Huawei chip plan targets US semiconductor lead by 2031
Huawei chip plan aims for 1.4-nm-class density by 2031, keeping pressure on TSMC, SMIC and US export controls in the chip race.
Lenovo's 15% jump says the AI trade has reached hardware
Lenovo stock jumped 15% after a revenue beat, showing how AI PCs, servers and tighter memory supply are remaking hardware earnings.
SoftBank's rally shows OpenAI's IPO is already moving markets
SoftBank shares hit a record high as traders priced OpenAI IPO hopes into a listed proxy before any public filing, spotlighting leverage as well as upside.
Nvidia Super Micro probe widens as Taiwan cracks down
Jensen Huang urged Super Micro to tighten compliance after Taiwan detained three people over allegedly false AI server export declarations.
SoftBank stock rally extends on OpenAI IPO and AI trade
SoftBank stock rally extended as OpenAI IPO talk and AI infrastructure optimism turned the group into a public proxy for private AI risk.
Zoom's Anthropic stake puts AI marks onto balance sheets
Zoom's Anthropic stake has swelled to about $1.27 billion, showing how private AI valuations are starting to reshape listed-company balance sheets.
Monster Beverage Q1 2026 beats, launches $500M buyback
Monster Beverage reported Q1 2026 net sales of $2.35bn (+26.9% YoY) and authorized a $500M share buyback program after strong quarterly results. The energy drink company's international expansion drove growth as foreign sales hit $1.06bn.
Samsung union deal averts chip strike as Kospi rallies 7.5%
Samsung Electronics reached an 11th-hour wage deal with its labour union late Wednesday, averting an 18-day strike that had already begun throttling chip output at the world's largest memory chipmaker. The Kospi surged 7.5% on the news.
Hims & Hers raises $402.5m in zero-coupon notes due 2032
Hims & Hers raised $402.5 million in zero-coupon convertible notes due 2032 and paired the deal with capped calls as it funds international expansion and AI platform investment.
TSMC (TSM) Q1 profit rises 58% to record NT$572bn on AI chip demand
TSMC posted record Q1 net income of NT$572.48 billion as AI chip demand drove the fourth straight quarter of record profit. Revenue rose 40.6% to $35.90 billion, beating guidance.
TSMC Q1 profit jumps 58% as AI chip boom drives $35.9bn revenue record
TSMC posted a 58.3 per cent jump in first-quarter net income as revenue hit a fourth consecutive quarterly record, powered by surging demand for advanced AI chips from Nvidia and Apple.
Nvidia earnings could puncture the AI options bubble
Options traders have crowded into Nvidia calls ahead of May 20 results. If the print is merely good, the AI trade's richest premium may deflate first.
Berkshire's Delta bet and payments exit sharpen its market signal
Berkshire's new Delta stake and exits from Visa, Mastercard, Amazon and UnitedHealth suggest a deliberate cross-sector rotation under Greg Abel.
