Section
Stocks
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.
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.
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.
Ackman buys Microsoft (MSFT) after selloff, cites AI value
Bill Ackman said Pershing Square built a new Microsoft stake after the stock's retreat, arguing Azure, Office and the company's AI strategy justify a more compelling entry point.
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.
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.
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.
Samsung (005930.KS) winds down chip output before 18-day strike
Samsung has started winding down chip production ahead of a planned 18-day strike, sharpening concerns over AI-memory supply, margins and the shares.
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.
Burry buys MercadoLibre in the $1,600s after post-earnings drop
Michael Burry bought a full position in MercadoLibre after the stock fell 13% on a Q1 margin miss, betting his IV15 framework will prove right over a 15-year horizon.
Nvidia (NVDA) Q1 earnings seen at $78.75bn as AI demand lifts chip stocks
Nvidia is set to report first-quarter results after the bell on 20 May, with Wall Street expecting $78.75bn in revenue driven by insatiable AI demand. Here is what to watch.
Cisco (CSCO) surges 17% on Q3 beat as AI orders double to $9bn
Cisco shares jumped 17% in extended trading after the networking giant beat Q3 estimates, raised its AI infrastructure orders forecast to $9bn from $5bn, and unveiled a $1bn restructuring that will cut nearly 4,000 positions.
AI Memory Crunch Sends Sandisk Up 552%, Micron to $840B
Memory stocks surge as AI demand outstrips supply. Sandisk, Micron, and Intel face years of scarcity with projected margins above 80%.
