Intel stock’s (NASDAQ: INTC) turnaround story got louder in recent days, but so did the valuation debate around it. The chipmaker is under the spotlight after first-quarter 2026 revenue of $13.58 billion and non-GAAP earnings of 29 cents a share, both ahead of expectations. Intel guided second-quarter revenue to $13.8 billion to $14.8 billion and… Continue reading Intel stock hits new street-high target: is it too late to buy INTC?
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DeepSeek price slash fuels competition, hits Zhipu, Minimax
Chinese artificial intelligence startup DeepSeek has introduced a preview of its fourth-generation model, DeepSeek V4, alongside sweeping price cuts aimed at accelerating adoption. The company said it is offering developers a 75% discount on its newly unveiled AI model, DeepSeek-V4-Pro, until May 5. It also reduced prices for input cache hits across its entire API… Continue reading DeepSeek price slash fuels competition, hits Zhipu, Minimax
Has Wall St been bailed out so many times it can no longer price a crisis?
The United States is two months into its most consequential military operation since Iraq. Oil prices have surged more than 55%, and the IMF has cut its global growth forecast. At the same time, the S&P 500 just closed above 7,000 for the first time in history. US market indices are surging. This contradiction explains… Continue reading Has Wall St been bailed out so many times it can no longer price a crisis?
Why is Sun Pharma betting $11.75B on a struggling US drugmaker?
In one of the biggest outbound acquisitions ever attempted by an Indian company, Sun Pharmaceutical Industries has decided to buy Organon & Co. for $14 a share in an all-cash deal valued at $11.8 billion. The logic of the deal is easy to state and harder to execute as Sun is not buying a fast-growing… Continue reading Why is Sun Pharma betting $11.75B on a struggling US drugmaker?
Hang Seng slips as Asian markets split; Nikkei, Kospi hit new highs
Asia began the week with a split-screen session, as Tokyo and Seoul extended their record run, while Australia and Hong Kong lagged behind. The Nikkei 225 and South Korea’s Kospi opened at fresh highs, reflecting continued appetite for markets with strong earnings momentum and clear technology-led narratives. Australia’s ASX 200 slipped in holiday-thinned trade and… Continue reading Hang Seng slips as Asian markets split; Nikkei, Kospi hit new highs
Meta, Microsoft earnings due next week: here’s what top analysts say
Meta Platforms and Microsoft will give Wall Street its most important AI test of the quarter on Wednesday, April 29, when both companies report after the bell. Meta’s Q1 2026 earnings call is set for 2:30 p.m. PT, while Microsoft has said it will publish fiscal Q3 2026 results after the close of the same… Continue reading Meta, Microsoft earnings due next week: here’s what top analysts say
S&P 500, Nasdaq hit records; Dow slips as Intel fuels rally
US equities ended the week on a mixed note, with the S&P 500 and Nasdaq Composite closing at record highs on Friday, supported by optimism around potential US-Iran talks and a surge in semiconductor stocks led by Intel. The Dow Jones Industrial Average, however, lagged behind, ending the session slightly lower. The S&P 500 rose… Continue reading S&P 500, Nasdaq hit records; Dow slips as Intel fuels rally
Evening digest: Google-Anthropic deal, DOJ drops probe against Powell
US President Donald Trump is dispatching envoys to Pakistan in a renewed push for talks with Iran, even as uncertainty persists over diplomatic progress. Google is deepening its artificial intelligence push with a multibillion-dollar investment in Anthropic, underscoring the intensifying race for computing infrastructure. Intel shares surged after stronger-than-expected earnings signaled improving momentum in its… Continue reading Evening digest: Google-Anthropic deal, DOJ drops probe against Powell
X-Energy surges 36% in debut as $1B IPO signals nuclear revival
Shares of X-Energy Inc. surged in their market debut on Friday, opening sharply above their initial public offering price after the company raised more than $1 billion in an upsized offering that drew strong investor demand. The Rockville, Maryland-based nuclear energy firm priced its IPO at $23 per share, above the marketed range of $16… Continue reading X-Energy surges 36% in debut as $1B IPO signals nuclear revival