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LG Electronics stock surged more than 24% in Seoul on Friday after the South Korean company unveiled a Google-backed automotive software system that could sharpen its push beyond TVs and home appliances. For a group still known for refrigerators, washing machines and OLED televisions, the reaction was striking as investors were not simply rewarding another… Continue reading LG stock rocket 24% after unveiling Google-powered car tech

Billionaire Philippe Laffont’s global investment firm Coatue Management executed a meaningful tactical portfolio rotation in the first quarter of 2026. The hedge fund manager scaled back exposure to mega-cap artificial intelligence (AI) names, including Tesla, Oracle, and even Nvidia, and redirected capital into the deeply distressed Lucid stock. Laffont’s repositioning highlights growing institutional anxiety over… Continue reading Billionaire dumps TSLA, ORCL, NVDA, loads up on beaten-down EV stock

Arm Holdings shares surged on Thursday after a series of bullish analyst calls, and continued optimism around artificial intelligence infrastructure demand pushed the semiconductor architecture company to fresh record highs. Arm stock climbed roughly 13.3% during trading to around $342, after touching an intraday all-time high of $349.42. The rally extended the company’s remarkable momentum… Continue reading Can Arm stock climb higher after fresh AI-driven analyst upgrades?

Shares of Best Buy (BBY) surged 18% on Thursday after the electronics retailer reported stronger-than-expected first-quarter earnings, boosted by higher margins and modest sales growth. The stock rally followed quarterly operating earnings of $1.28 per share, up from $1.15 a year earlier. Revenue rose 2% year over year to $8.94 billion from $8.78 billion, while… Continue reading Best Buy stock jumps 18%: Here’s why Jefferies sees more upside

Anthropic has raised $65 billion in a new funding round that values the artificial intelligence start-up at $900 billion before the inclusion of the new capital, propelling the company past OpenAI as the world’s most valuable AI lab. The funding round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, and comes just three… Continue reading Anthropic surges past OpenAI with $900B valuation in new funding

Super Micro Computer Inc (SMCI) is extending gains after the AI server maker said it had actively collaborated with Taiwanese authorities to intercept an illegal smuggling operation. In its press release, the company said it helped law enforcement arrest three suspects and seize 50 deceptively acquired servers destined for the restricted Chinese market. A sale… Continue reading What’s driving SMCI stock higher on Thursday?

Shares of Nebius Group (NBIS) climbed sharply on Thursday after a fund run by former OpenAI employee Leopold Aschenbrenner disclosed a sizable stake in the AI infrastructure company. The disclosure added fresh momentum to one of the year’s strongest-performing “neocloud” stocks. Nebius shares rose 11% during trading, reaching their highest level in roughly two weeks.… Continue reading Nebius stock jumps as ex-OpenAI researcher reveals major AI bet

Corsair Gaming (NASDAQ: CRSR) has been the talk of Wall Street this week, with shares rallying more than 30% on Thursday alone and as much as 100% in a matter of days. The catalyst? A dramatic pivot into artificial intelligence. On May 22nd, the gaming hardware firm unveiled CORSAIR PRO – a new lineup of… Continue reading AI pivot can’t save Corsair Gaming stock: find out more