Anthropic surpasses OpenAI in value as $900B round nears close

Anthropic has agreed terms on a roughly $30 billion fundraising round that would value the artificial intelligence company at about $900 billion before the new money is added, according to an exclusive Financial Times report. If completed at that level, the deal would put Anthropic ahead of OpenAI, which was most recently valued at about… Continue reading Anthropic surpasses OpenAI in value as $900B round nears close

Here’s why Adani shares are going parabolic today (May 15)

Adani Enterprises’ stock price continued its surge on Friday as investors cheered the new agreement between the company and US authorities. It jumped to INR 2,712, its highest point since November 2024, and 60% above its lowest point this year.  Other Adani stocks also surged, with the port business soaring to a record high of… Continue reading Here’s why Adani shares are going parabolic today (May 15)

Three must-own stocks to play the second wave of AI

The initial phase of the AI boom heavily concentrated capital within a narrow hardware monopoly, primarily rewarding Nvidia as its graphics processing units captured a 90% market share in model training. However, institutional focus is now rapidly pivoting toward the structural deployment of inference and agentic AI. This second phase presents a broader investment landscape… Continue reading Three must-own stocks to play the second wave of AI

Dow closes above 50,000 as S&P 500 hits record on Cisco, Nvidia rally

US stocks advanced on Thursday, with the Dow Jones Industrial Average reclaiming the 50,000 level and the S&P 500 closing at another record high as investors reacted to strong technology earnings, improving semiconductor sentiment, and developments from the summit between President Donald Trump and Chinese President Xi Jinping in Beijing. The Dow rose about 375… Continue reading Dow closes above 50,000 as S&P 500 hits record on Cisco, Nvidia rally

Take-Two stock surges as GTA VI preorder rumors electrify investors

Shares of Take-Two Interactive Software (TTWO) surged Thursday after reports suggested preorders for the highly anticipated video game Grand Theft Auto VI could begin later this month, reigniting investor enthusiasm around one of the most anticipated entertainment releases in years. Take-Two shares climbed about 6.7% to $242.21 during trading and were on pace for their… Continue reading Take-Two stock surges as GTA VI preorder rumors electrify investors

StubHub rallies after surprise profit: is the turnaround finally here?

Shares of StubHub (STUB) surged Thursday after the ticketing marketplace reported stronger-than-expected first-quarter earnings, fueled by rising ticket demand and improving profitability that helped ease investor concerns following a prolonged stock decline. The stock jumped as much as 21% during the session and was recently trading around $9.64, putting shares on pace for their largest… Continue reading StubHub rallies after surprise profit: is the turnaround finally here?

Broadcom stock surges 4% to 52-week high: can the rally continue?

Shares of Broadcom (AVGO) surged Thursday after a series of Wall Street analyst upgrades, and rising optimism surrounding artificial intelligence infrastructure spending boosted investor sentiment toward the semiconductor giant. Broadcom shares climbed as much as 5.5% during the session and were recently trading up about 4.3% at $434.7. The rally pushed the stock to its… Continue reading Broadcom stock surges 4% to 52-week high: can the rally continue?

Can Applied Materials justify its massive stock rally in its Q2 earnings

Applied Materials (AMAT) will report fiscal second-quarter earnings after markets close Thursday, with investors closely watching whether booming artificial intelligence-related semiconductor spending can continue offsetting slowing growth from China. Shares of the semiconductor equipment maker have surged roughly 70% this year as investors bet the company will remain a major beneficiary of the global AI… Continue reading Can Applied Materials justify its massive stock rally in its Q2 earnings

Should you invest in Cerebras stock as it surges 100% on Nasdaq debut?

Cerebras Systems is in the spotlight this morning as the AI chipmaker makes its long-awaited debut on Nasdaq under the ticker symbol CBRS. The company priced its IPO at a whopping $185 per share – well above its already-elevated range  – raising a staggering $5.55 billion and landing a fully diluted valuation of about $56… Continue reading Should you invest in Cerebras stock as it surges 100% on Nasdaq debut?