Section
Stocks
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
Intuitive Machines' revenue surge offers a sturdier stocks case than its EPS miss
Record first-quarter revenue, positive adjusted EBITDA and a $1.1 billion backlog gave Intuitive Machines a cleaner operating-scale story than its quarterly EPS miss alone suggests.
Rocket Lab's record contract makes backlog the story
Rocket Lab Q1 revenue jumped 63.5 per cent to $200.3 million as a record launch contract pushed backlog to $2.2 billion and sharpened the Neutron debate.
Michael Burry's AI-bubble warning tests Wall Street's momentum trade
Michael Burry's latest bubble warning matters less as a celebrity-bear headline than as a check on whether the AI rally is still being driven by earnings, or by momentum outrunning them.
Samsung shares slide as union sticks to strike, chip output slows
Samsung shares fell after its main South Korean union held to an 18-day strike plan and management prepared for lower chip output ahead of May 21.
Cerebras Surges 68% in Nasdaq Debut After $5.55 Billion IPO
Cerebras Systems closed at $311.07 after surging 68% in its Nasdaq debut, raising $5.55 billion in the largest US tech IPO since Uber.
TSMC (TSM) posts 58% profit jump as AI chip orders push Q1 revenue to NT$1.13tn record
TSMC posted net income of NT$572.48 billion, a 58.3% year-on-year surge, as AI chip demand drove revenue to a fourth consecutive record.
Bill Ackman builds Microsoft (MSFT) stake after selloff, citing AI growth
Pershing Square built a Microsoft position in February after the stock's pullback, with Bill Ackman arguing Azure, enterprise software and AI optionality still justify the long-term case.
Kioxia (285A.T) rides AI memory boom toward U.S. listing
Kioxia says AI-driven flash-memory demand pushed profit to records and is helping support a U.S. ADS listing aimed at broadening its investor base.
