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Asian markets opened Thursday with a powerful relief bid, as investors leaned into hopes that tensions in the Middle East may ease enough to keep the Strait of Hormuz open. Japan set the tone, with the Nikkei 225 vaulting through 62,000 for the first time, while broader regional equities also pushed higher. But the mood… Continue reading Nikkei 225 crosses 62,000 as Asian markets rally on relief hopes

The United States and Iran are weighing a fresh proposal to end the war as markets react to shifting geopolitical risks. Anthropic has partnered with SpaceX to expand computing capacity for its Claude AI platform. US private-sector hiring rose to 109,000 in April, signaling continued labor market resilience. Corning shares surged after announcing a major… Continue reading Evening digest: US-Iran deal hopes rise, Corning jumps on Nvidia

Arm Holdings Inc (ARM) is pushing higher in extended hours after reporting a market-beating Q4 and offering upbeat guidance for its current financial quarter. In Q4, the chip designer earned 60 cents on a per-share basis (EPS) on $1.49 billion in revenue – both handily above 58 cents and $1.47 billion that the Street had… Continue reading Arm Q1 earnings silence valuation concerns

Wall Street rallied strongly on Wednesday, with the Dow Jones Industrial Average surging more than 600 points as optimism over a potential US-Iran agreement combined with robust earnings and continued enthusiasm for artificial intelligence-driven growth. The Dow rose 612 points, or 1.24%, while the S&P 500 climbed 1.46% to a record close of 7,365.09. The… Continue reading Dow jumps 600 points as US-Iran deal hopes, AI rally lift stocks

Hut 8 (HUT) pushed meaningfully higher on Wednesday after announcing an artificial intelligence (AI) lease agreement for its Beacon Point campus in Texas. This $9.8 billion data center deal that spans over 15 years validates HUT’s pivot from a speculative Bitcoin miner to a high-scale AI infrastructure company. Including today’s surge, Hut 8 stock is… Continue reading Is it too late to invest in Hut 8 stock as it soars on AI data center lease deal?

Tesla (TSLA) shares edged higher on Wednesday, even as the electric-vehicle maker announced a recall affecting more than 218,000 vehicles. The stock rose 2.86% to $400.50. Recall draws attention but limited market impact Tesla’s recall affects 218,868 vehicles across its Model 3, Model Y, Model S, and Model X lines operating on software version 2026.8.6.… Continue reading Tesla stock climbs 2%, why a recall isn’t worrying investors today

Lumentum Holdings Inc (LITE) shares fell sharply on Wednesday after the company reported mixed fiscal third-quarter results, with strong growth failing to meet elevated market expectations. The stock declined about 5.3% to around $941, snapping a streak of five consecutive sessions of gains. The pullback comes despite robust demand trends tied to artificial intelligence infrastructure,… Continue reading Lumentum falls 5% after results: are expectations outrunning growth?

Joby Aviation (JOBY) shares surged in Wednesday trading after the electric air taxi developer reported better-than-expected first-quarter results and reiterated its timeline for commercial operations in 2026. The stock rose as much as 19.24% to $10.35 during the session, supported by a broader risk-on market backdrop where growth-oriented names were gaining traction. The rally reflects… Continue reading Joby soars 19% after earnings: is air taxi launch finally near?