IREN Surges 7% on AI Cloud Push Despite $6B Dilution Risk
Analysis Daniel Marsh

IREN Surges 7% on AI Cloud Push Despite $6B Dilution Risk

IREN shares rose 7.3% to $51.94 as the company accelerates its AI cloud strategy, but a $6 billion stock offering program threatens to dilute existing shareholders.

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Hims Expands Branded GLP-1 Access with Lilly's Zepbound and Foundayo
Markets Daniel Marsh

Hims Expands Branded GLP-1 Access with Lilly's Zepbound and Foundayo

Hims & Hers Health now offers Eli Lilly's Zepbound and Foundayo via LillyDirect, broadening its branded GLP-1 lineup amid a competitive cash-pay market.

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Greg Abel Consolidates Control of Berkshire's Portfolio, Shifts Focus to Japan
Markets Daniel Marsh

Greg Abel Consolidates Control of Berkshire's Portfolio, Shifts Focus to Japan

Greg Abel has tightened his grip on Berkshire Hathaway's $300 billion stock portfolio, increasing exposure to Japan while trimming U.S. holdings like Apple and Amazon.

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Texas Instruments Surges 16% After Strong Earnings and Outlook
Earnings James Calloway

Texas Instruments Surges 16% After Strong Earnings and Outlook

Texas Instruments reported Q1 revenue of $4.83B, up 19%, and forecast Q2 above estimates, sending shares up 16%.

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GameStop Shares Dip as Trade-In Promotion Ends, Valuation Questions Loom
Markets Daniel Marsh

GameStop Shares Dip as Trade-In Promotion Ends, Valuation Questions Loom

GameStop shares slipped 1.6% to $25.24 after a promotional trade-in deal ended, reigniting debate over the company's valuation and its transition to collectibles.

GME
IBM Sales Beat but AI Anxiety Drags Software Stocks Lower
Earnings James Calloway

IBM Sales Beat but AI Anxiety Drags Software Stocks Lower

IBM shares tumbled 9.5% despite beating Q1 earnings estimates, as fears that AI tools could erode its software and consulting businesses rattled investors. ServiceNow fell 17.5% and the iShares Expanded Tech-Software ETF lost 5.6%.

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Lululemon Stock Drops 12% on CEO Appointment from Nike
Markets Daniel Marsh

Lululemon Stock Drops 12% on CEO Appointment from Nike

Lululemon shares plunged 12% after appointing Heidi O'Neill, a former Nike executive, as CEO. The move comes as the company faces weak U.S. sales and a proxy fight.

LULU NKE
Palantir Shares Dip 5% Despite Major USDA Contract; Software Sector Slumps
Technology Sarah Chen

Palantir Shares Dip 5% Despite Major USDA Contract; Software Sector Slumps

Palantir shares dropped 5.4% to $144.41 Thursday, overshadowed by a broad software selloff triggered by IBM and ServiceNow results, despite winning a $300 million USDA contract.

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Micron Stock Slips from Record as SK Hynix Profit Surge and Export Curbs Loom
Technology Sarah Chen

Micron Stock Slips from Record as SK Hynix Profit Surge and Export Curbs Loom

Micron Technology shares slipped 2.2% from a record close as SK Hynix reported record profit and AI memory demand exceeds supply. Congress weighs tighter export controls on Chinese rivals.

MU
IBM Shares Tumble 9.9% Despite Q1 Beat as Flat Forecast, AI Worries Weigh
Earnings James Calloway

IBM Shares Tumble 9.9% Despite Q1 Beat as Flat Forecast, AI Worries Weigh

IBM shares fell 9.9% despite beating Q1 estimates, as a flat 2026 forecast and slowing software growth fueled investor concerns over AI's impact.

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Alphabet Unveils New AI Agents and Chips Ahead of Earnings Report
Technology Sarah Chen

Alphabet Unveils New AI Agents and Chips Ahead of Earnings Report

Alphabet shares traded near $340 after Google unveiled new enterprise AI software and custom chips at Cloud Next, ahead of Q1 earnings on April 29.

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Oracle Stock Dips on Spending Concerns Despite Google Cloud AI Expansion
Technology Sarah Chen

Oracle Stock Dips on Spending Concerns Despite Google Cloud AI Expansion

Oracle stock slid up to 3.8% on Thursday after expanding its Google Cloud AI database, as analysts flagged spending risks and margin pressure.

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