Markets, earnings, deals, and the macro shifts that move them. Reported for readers who already know the basics.
A higher capital expenditure forecast from TSMC sent chip stocks broadly lower Thursday, with the VanEck Semiconductor ETF falling nearly 7% for the week and Nasdaq-100 futures dropping as much as 2% in premarket trading Friday.
Marc Sabatini · 11 DAYS AGO
A global semiconductor sell-off drove Nasdaq 100 futures down 1.9% on Friday, as investors questioned the sustainability of AI infrastructure spending and U.S.-Iran hostilities renewed pressure on energy markets.
Marc Sabatini · 11 DAYS AGO
Netflix posted second-quarter revenue of $12.56 billion and earnings of 80 cents per share, roughly in line with estimates, but a soft third-quarter forecast and a pullback on viewership reporting sent shares down more than 8% after hours.
Marc Sabatini · 12 DAYS AGO
Short interest in SpaceX has surged to roughly 29% of the company's public float, representing about $25 billion in bearish bets, as shares fell below their $135 IPO price for the first time in July.
Jay Goldberg · 12 DAYS AGO
SK Hynix shares jumped more than 11% on Wednesday, leading a rebound across Asian technology stocks after the chipmaker's biggest-ever single-day drop, even as debate over AI market valuations and IBM's 25% plunge sharpened investor focus on where AI spending is actually flowing.
Jay Goldberg · 13 DAYS AGO
Frontier Airlines will debut Starlink satellite Wi-Fi in early 2027, joining four other budget carriers in a deal covering more than 1,000 aircraft — the latest expansion for SpaceX's fast-growing in-flight internet business.
Jay Goldberg · 14 DAYS AGO
Chipotle opened its first restaurant in Mexico on Thursday in the Monterrey metropolitan area, marking the fast-casual chain's entry into the country under a development agreement with restaurant group Alsea.
Sara Montes de Oca · 14 DAYS AGO
A federal appeals court revived more than 500 lawsuits against Tylenol maker Kenvue on Monday, ruling that a lower court improperly excluded expert testimony tying acetaminophen use during pregnancy to autism and ADHD in children.
Jay Goldberg · 15 DAYS AGO
Netflix shares are approaching a key $70-per-share support level ahead of the company's second-quarter earnings report on Thursday, with NYSE analyst Jay Woods warning that a disappointing result could push the stock to its lowest price since September 2024.
TechEchelon Staff · 15 DAYS AGO
Meta Platforms rose 6% on Friday after CEO Mark Zuckerberg outlined plans to monetize the company's AI computing infrastructure through cloud services, new developer tools, and a custom chip set to enter production in September.
TechEchelon Staff · 17 DAYS AGO
SK Hynix shares rose 13% on their first day of Nasdaq trading, closing at $168.01 after ADRs priced at $149 raised $26.5 billion, as Chairman Chey Tae-won said customer demand for AI memory chips remains insatiable.
Marc Sabatini · 17 DAYS AGO
Circle Internet Group shares surged more than 13% in premarket trading after the fintech company received approval from the U.S. Office of the Comptroller of the Currency to launch a crypto-focused bank, with CEO Jeremy Allaire calling it a key moment for blockchain in mainstream finance.
Sara Montes de Oca · 18 DAYS AGO
Micron Technology announced up to $3 billion in new domestic semiconductor investments, including $500 million for supplier GlobalWafers, and raised its total planned U.S. spending to $250 billion through 2035, as AI-driven memory demand continues to reshape the chipmaker's capital plans.
Sara Montes de Oca · 18 DAYS AGO
Prediction market traders on Kalshi now place a 75% chance that U.S. gas prices will remain above $3.50 per gallon on Election Day, November 3, as renewed U.S.-Iran strikes raise doubts about Strait of Hormuz shipping flows.
Sara Montes de Oca · 19 DAYS AGO
KeyBanc downgraded Salesforce to a hold-equivalent rating on Thursday and removed its $290 price target, citing weak Agentforce customer feedback and unclear financial trends, sending shares down more than 2% to around $162.50.
TechEchelon Staff · 19 DAYS AGO
SpaceX closed at $148 on Wednesday, below its $150 debut price for a second straight session, even as analysts initiated coverage with bullish targets and pointed to orbital data centers as a key long-term growth driver.
Marc Sabatini · 19 DAYS AGO
Apple has committed more than $30 billion to Broadcom in a multi-year chipmaking deal, its largest U.S. manufacturing agreement to date, targeting the production of more than 15 billion domestically made chips through 2031.
Jay Goldberg · 20 DAYS AGO
Netflix, Disney, and Alphabet's YouTube are each preparing to bid for U.S. broadcast rights to the 2030 and 2034 FIFA World Cup, with media executives budgeting between $1.5 billion and $2 billion per tournament as FIFA considers bundling English- and Spanish-language rights into a single package.
Jay Goldberg · 20 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.