Stock Research

OpenAI and Google have confirmed that they supplied advanced artificial intelligence services to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, companies that the US government has accused of having links to China’s military. The disclosures have renewed debate over whether Washington should tighten export controls on advanced AI models in addition to restrictions on semiconductor… Continue reading OpenAI and Google AI model access for Chinese firms sparks policy debate

Broadcom’s latest challenge to Nvidia is not another processor designed to replace its market-leading GPUs. It targets the network that enables thousands of those processors to operate as a single computing system. DriveNets on July 1 unveiled two AI-networking platforms built around Broadcom’s Tomahawk 6 switch chip. The systems promise faster connections with fewer networking… Continue reading Broadcom stock’s latest catalyst targets Nvidia where it looks strongest

easyJet share price will be in the spotlight today as a new bid from a giant American private equity company emerged. The stock ended Thursday at 588p, a few points below the weekly high of 621p. Apollo Global Management has placed a bid for easyJet easyJet, one of the top discount airlines in Europe, is… Continue reading easyJet share price in focus as Apollo tables richer bid to outflank Castlelake

SK Hynix’s banks earned nearly $260 million in fees from the South Korean chipmaker’s US share sale, giving Wall Street a richer payday by percentage than last month’s record SpaceX listing. The fee pool shows how strongly banks can still monetise the AI capital-raising boom, even when headline economics look thinner than in traditional initial… Continue reading Wall Street banks hit a $260 million jackpot on SK Hynix’s mega deal

SK Hynix raised about $26.5 billion after pricing 177.9 million American depositary shares at $149 each. The fresh raise sets up a closely watched Nasdaq debut that will test Wall Street’s appetite for the AI-memory boom. Demand exceeded the available stock by more than seven times, despite a recent pullback in global chip shares. The… Continue reading SK Hynix’s $26.5 billion Nasdaq debut explained: what investors should know

US stocks closed higher on Thursday as a rally in semiconductor shares offset concerns over renewed military exchanges between the United States and Iran, while easing oil prices helped support broader market sentiment. The Dow Jones Industrial Average added 139.02 points, or 0.27%, to finish at 52,487.41. The Nasdaq Composite gained 1.30% to close at… Continue reading Dow rises 139 points as chip stocks rally despite renewed US-Iran strikes

US-Iran tensions escalated for a second straight day as fresh military strikes threatened the fragile ceasefire and disrupted shipping through the Strait of Hormuz. SK Hynix moved closer to its record US listing with plans to price its American depositary receipts at $149 each. Oil prices fell as demand concerns offset supply risks from the… Continue reading Evening digest: US-Iran tensions rise, SK Hynix eyes record US IPO

Cerebras Systems CBRS shares rose 11% on Thursday after the artificial intelligence infrastructure company unveiled plans for a major expansion across Europe. The initiative includes new AI data centres that will partially support OpenAI workloads under the companies’ existing partnership. The company said it expects to bring its first European data centre capacity online by… Continue reading Cerebras stock jumps as Europe AI expansion fuels OpenAI infrastructure

Intel (INTC) and Advanced Micro Devices (AMD) shares are extending gains on July 9th after the latter’s chief technology officer (CTO) pointed to a huge central processing unit (CPU) renaissance ahead. Speaking at the “RAISE” summit in Paris, Mark Papermaster explicitly said the tech industry has missed a massive structural pivot: agentic AI requires significantly… Continue reading Intel vs AMD stock: which one is better positioned for a CPU renaissance?