Standing before a capacity crowd at a San Jose hockey arena, Nvidia CEO Jensen Huang declared that the “inference inflexion has arrived,” unveiling a roadmap that positions the semiconductor giant to capture a staggering $1 trillion in revenue opportunity through 2027. The announcement, delivered during the keynote of the 2026 GTC developer conference, marks a … Read more
As of March 17, 2026, IREN Limited Ordinary Shares (IREN), formerly known as Iris Energy Limited, experienced a sudden boost to fame as the stock rose 8.08% over the past 24 hours. Based in Sydney, Australia, the company was formed in 2018 and owns and operates Bitcoin mining data centres. Currently trading at $44.94, the … Read more
Intel stock spiked 7.4% on Monday before retreating as investors locked in profits and weighed the possibility of an AI bubble. The initial surge in the price was mainly driven by investor optimism about the entire semiconductor industry. When the two tech giants NVIDIA and Intel announced their strategic collaboration, it created a halo effect, … Read more
Nebius Group N.V. (NBIS) stock surged 14.96% in pre-market trading on March 16, 2026, following the announcement of a $27 billion, five-year AI infrastructure deal with Meta Platforms. The agreement, which exceeds Nebius’s current market cap of approximately $25 billion, includes $12 billion in guaranteed dedicated computing capacity starting in early 2027, with an additional … Read more
Meta shares climbed approximately 3% on Monday, recovering from a Friday slump, following reports that the social media giant is weighing its largest workforce reduction since 2022. According to a Reuters report, Meta plans to cut more than 20% of its workforce of approximately 79,000, potentially affecting more than 15,000 employees, to offset a surge … Read more
AllianceBernstein L.P. significantly reduced nearly half of its position in Cameco Corporation (NYSE: CCJ, TSE: CCO), the world’s largest publicly traded uranium producer, by 42% during the third quarter, as per the most recent SEC (Securities and Exchange Commission) 13F filings of the firm. Meanwhile, Cameco has recently reported strong 2025 Q4 earnings and is … Read more
The U.S. stock index futures are climbing in early trading Monday, attempting a resilient rebound after Wall Street hit its lowest levels of 2026 on Friday. Dow Jones Industrial Average futures (YM=F) gained 0.2%, while S&P 500 futures (ES=F) and Nasdaq 100 futures (NQ=F) both climbed around 0.4%. The oil prices have been on a … Read more
Overseas sales are playing an instrumental role in boosting the share prices of Shenzhen-based automaker BYD, which has been losing ground in its home market due to tough competition from local rivals. The shares of BYD surged on Monday, followed by the recent announcement of BYD’s export orders totaling 100,000 from Mexico and Argentina. The … Read more
Meta Platforms, Inc. is reportedly planning for another round of layoffs, following the massive “Year of Efficiency” strategy that redefined the company in 2023. Reports suggest that over 15,000 employees could be affected, accounting for up to 20% of Meta’s global workforce. Currently, the company has not yet provided official confirmation regarding the exact date … Read more
The rising demand for AI infrastructure and High-Bandwidth Memory (HBM) has led to an exponential growth of investment in the memory market. The popularity of data centers, which need over 70% of high-end memory production to function, has led to shifting sentiment among investors, as market dynamics change. Billionaires David Tepper of Appaloosa Management and … Read more
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