SanDisk Surges on AI Storage Demand, but Earnings Call Hints at Slowing Price Gains
Technology Sarah Chen

SanDisk Surges on AI Storage Demand, but Earnings Call Hints at Slowing Price Gains

SanDisk shares rose 9.3% to $1,372.33 after a stellar Q3, but the earnings call hinted that rapid price increases may be cooling.

WDC STX
Tech Rally Resurgent: Intel, Micron, SanDisk Lead Nasdaq Higher
Markets Daniel Marsh

Tech Rally Resurgent: Intel, Micron, SanDisk Lead Nasdaq Higher

The Nasdaq rose 0.83% Tuesday, driven by Intel, Micron, and SanDisk as AI optimism returned. Oil's pullback eased rate worries, extending April's record rally.

INTC MU SNDK AAPL GOOGL AMD ON MSFT PYPL PLTR
Netflix, Microsoft, and Others Chart Divergent Cash Strategies
Markets Daniel Marsh

Netflix, Microsoft, and Others Chart Divergent Cash Strategies

Netflix adds $25B to buybacks after deal breakup; Microsoft plans $190B AI spend. PulteGroup and Mobileye also expand repurchases as stocks dip.

NFLX MSFT PHM MBLY GOOGL AMZN QQQ
AI Chip Surge Drives SMH ETF to Record Highs, But Valuation Concerns Loom
Technology Sarah Chen

AI Chip Surge Drives SMH ETF to Record Highs, But Valuation Concerns Loom

VanEck Semiconductor ETF (SMH) hit near-record highs as AI chip demand drove major holdings like Nvidia and TSMC. The fund's 140% annual gain raises valuation questions.

SMH NVDA TSM INTC AMD AVGO SPY
Take-Two Shares Dip as GTA VI Pricing Speculation Heats Up Ahead of Earnings
Markets Daniel Marsh

Take-Two Shares Dip as GTA VI Pricing Speculation Heats Up Ahead of Earnings

Take-Two shares slipped 1% as Wall Street debates an $80 price tag for GTA VI. CEO Zelnick calls expectations 'exciting and terrifying.' The company reports earnings May 21.

TTWO
Xanadu Quantum Faces 294M Share Overhang After EV Group Deal
Technology Sarah Chen

Xanadu Quantum Faces 294M Share Overhang After EV Group Deal

Xanadu Quantum Technologies stock faces pressure from a 294M share resale registration, even as it partners with EV Group for photonic chip manufacturing. First earnings report due May 14.

QUBT
SoundHound AI Drops 4% as OASYS Launch Precedes Q1 Results
Earnings James Calloway

SoundHound AI Drops 4% as OASYS Launch Precedes Q1 Results

SoundHound AI shares fell 4.3% to $9.06 after unveiling OASYS, a self-learning AI platform, ahead of its Q1 earnings report on Thursday.

SOUN
Strategy Halts Bitcoin Purchases After $7.5 Billion Buying Spree Ahead of Q1 Earnings
Crypto Sarah Chen

Strategy Halts Bitcoin Purchases After $7.5 Billion Buying Spree Ahead of Q1 Earnings

Strategy paused its bitcoin buying spree last week, halting after a $7.5 billion, three-month acquisition run. The company holds 818,334 BTC and reports Q1 earnings Tuesday.

MSTR
Amazon's New Supply Chain Service Escalates Logistics Rivalry with FedEx
Markets Daniel Marsh

Amazon's New Supply Chain Service Escalates Logistics Rivalry with FedEx

Amazon's new supply chain offering for external businesses intensifies logistics competition with FedEx and UPS, though FedEx shares stabilized Tuesday.

FDX UPS AMZN
Figma Stock Under Pressure as AI Strategy Faces First Major Test
Earnings James Calloway

Figma Stock Under Pressure as AI Strategy Faces First Major Test

Figma shares trade near $20 ahead of May 14 earnings, with investors focused on whether AI features can drive revenue growth amid rising costs and analyst caution.

ADBE GOOGL
Earnings James Calloway

Pinterest Shares Surge on AI Ad Tools and Revenue Forecast Beat

Pinterest forecast Q2 revenue above Wall Street expectations, sending shares up 15% after-hours. AI-driven ad platform Performance+ now drives ~30% of lower-funnel revenue.

PINS
Duolingo's AI-Driven Strategy Faces Investor Skepticism After Stock Plunge
Earnings James Calloway

Duolingo's AI-Driven Strategy Faces Investor Skepticism After Stock Plunge

Duolingo shares dropped over 12% after the company forecast slower bookings and lower margins, overshadowing a Q1 beat. Investors are skeptical about AI-driven returns.

DUOL