Markets, earnings, deals, and the macro shifts that move them. Reported for readers who already know the basics.
Goldman Sachs and UBS say AI investment and energy resilience are splitting Asian equity markets, with South Korea and Taiwan leading gains while South Asian markets lag and energy vulnerability weighs.
Sara Montes de Oca · 123 DAYS AGO
Nomura projects Samsung Electronics could rally over 110% and SK Hynix roughly 117% over the next 12 months, citing a structural surge in AI-driven high-bandwidth memory demand that the brokerage says has outpaced the industry's supply capacity.
Jay Goldberg · 124 DAYS AGO
President Trump told Fortune he regrets not asking for a larger slice of Intel after the U.S. government took a 9.9% stake in the chipmaker — a deal that has since delivered more than 300% in stock gains.
Sara Montes de Oca · 124 DAYS AGO
Lululemon has publicly labeled founder Chip Wilson "misguided" in a shareholder letter, setting June 25 as its annual meeting date after settlement talks over the boardroom proxy contest collapsed last week.
Sara Montes de Oca · 124 DAYS AGO
Cerebras Systems' shares surged nearly 70% on their first day of trading Thursday, marking the largest U.S. tech IPO since Uber's 2019 debut — but the spotlight is already shifting toward SpaceX, OpenAI, and Anthropic, leaving much of the rest of the IPO pipeline in the shadows.
Sara Montes de Oca · 126 DAYS AGO
Cerebras Systems closed its Nasdaq debut with a market cap just below $100 billion before falling 10% on Friday, prompting warnings from Jim Cramer that a looming SpaceX IPO — potentially valued between $1.75 trillion and $2 trillion — could fuel dangerous speculative excess across the broader market.
Jay Goldberg · 127 DAYS AGO
SpaceX is preparing to disclose its IPO prospectus as early as next week, with a roadshow targeting June 8, as the company moves toward what is expected to be the largest share offering in history following its $1.25 trillion merger with xAI.
Jay Goldberg · 128 DAYS AGO
Cerebras Systems opened at $350 per share on its Nasdaq debut Thursday, raising $5.55 billion in the largest U.S. tech IPO since Uber's 2019 listing and briefly topping a $100 billion market capitalization.
Jay Goldberg · 128 DAYS AGO
Cerebras Systems priced its IPO at $185 per share on Wednesday, above its revised expected range, raising $5.55 billion and valuing the AI chip maker at $56.4 billion on a fully diluted basis.
Sara Montes de Oca · 129 DAYS AGO
SoftBank reported a $46 billion yearly gain at its Vision Fund, with $45 billion of that tied to its investment in OpenAI, even as losses on Coupang, DiDi Global, and Klarna weighed on the rest of the portfolio.
Sara Montes de Oca · 129 DAYS AGO
Copper futures closed at a record 6.531 on Tuesday as Citi cited AI data center demand and set a $15,000 bull-case target, while chip stocks pulled back sharply on a hot inflation print.
Jay Goldberg · 130 DAYS AGO
Amazon announced Tuesday it is expanding its Amazon Now 30-minute delivery service to dozens of U.S. cities, relying on a network of micro-fulfillment "dark stores" and Flex drivers, with plans to reach tens of millions of customers by year-end.
Jay Goldberg · 130 DAYS AGO
The SEC delayed the launch of 24 prediction markets ETFs from Roundhill Investments, Bitwise, and GraniteShares last week, saying it needs more time to study the novel products — a move that drew comparisons to the agency's years-long battle over spot bitcoin ETFs.
Sara Montes de Oca · 132 DAYS AGO
A growing class of YouTube strategy consultants — charging more than $15,000 a month — is quietly driving the success of top creators including MrBeast, as the platform's $100 billion creator economy grows increasingly competitive.
Jay Goldberg · 132 DAYS AGO
Netflix's $19.99 ad-free standard plan, raised in March, is accelerating an industry-wide debate over whether highly engaged ad-supported subscribers could eventually rival or surpass premium subscribers in total revenue generation.
Sara Montes de Oca · 132 DAYS AGO
Target has opened "baby boutiques" in about 200 stores, adding nearly 2,000 new products and premium brands like UPPAbaby, as new CEO Michael Fiddelke bets on family shoppers to end a three-year sales slump.
Jay Goldberg · 132 DAYS AGO
The S&P 500 and Nasdaq each extended their winning streaks to six consecutive weeks, closing at record highs Friday as strong earnings, a better-than-expected jobs report, and a major Corning-Nvidia supply deal fueled broad market gains.
Jay Goldberg · 133 DAYS AGO
Nvidia has committed more than $40 billion to equity investments in AI companies in early 2026, anchored by a $30 billion bet on OpenAI and seven additional multi-billion-dollar deals in publicly traded firms.
Sara Montes de Oca · 133 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.