Markets, earnings, deals, and the macro shifts that move them. Reported for readers who already know the basics.
Nvidia disclosed a 9.3% equity stake in Amsterdam-based neocloud Nebius on Tuesday, lifting its shares 7% in premarket trading, while Mizuho argued Oracle's 38% year-to-date decline has created a rare buying opportunity in enterprise cloud infrastructure.
Jay Goldberg · 22 DAYS AGO
Samsung Biologics has launched a 1.46 billion Swiss franc ($1.8 billion) all-cash tender offer for Switzerland's PolyPeptide Group, a peptide-based drug ingredient specialist, in what the South Korean firm describes as the largest biopharmaceutical M&A deal in its country's history.
Jay Goldberg · 23 DAYS AGO
Samsung Electronics America has cut jobs and offered relocation packages to hundreds of U.S. workers as it moves its headquarters from Englewood Cliffs, New Jersey, to Texas, with 739 roles in New Jersey and roughly 100 in Plano affected.
Jay Goldberg · 24 DAYS AGO
Stripe and Advent International submitted a joint all-cash bid to acquire PayPal at $60.50 per share, valuing the fintech giant at $53.4 billion, even as a broader AI-driven selloff dragged the S&P 500 down 1.6% for the week.
Sara Montes de Oca · 25 DAYS AGO
SpaceX shares have fallen nearly 23% since the company joined the Nasdaq-100, with Friday's 5.43% decline following a Starship test abort caused by an engine ignition failure. The stock has now logged losses in nine of the last 10 trading sessions.
Marc Sabatini · 26 DAYS AGO
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 · 26 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 · 26 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 · 27 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 · 27 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 · 29 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 · 29 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 · 30 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 · 30 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 · 30 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 · 32 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 · 33 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 · 33 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 · 34 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.