Latest News
Micron Retires $4.5B in Debt to Fund AI Memory Expansion
Micron Technology accepted tenders for approximately $4.46 billion of its outstanding debt. The move follows the company's decision to significantly increase capital expenditures to expand production of high-bandwidth memory for artificial intelligence systems.
Entergy Shares Surge on Meta Data Center Deal, Analysts Boost Targets
Entergy shares continue climbing, buoyed by a major $10 billion data center partnership with Meta and analyst upgrades setting $120 price targets. The deal includes significant grid investments and customer savings.
Nu Holdings Appoints Ex-Amazon Exec to Board Amid U.S. Banking Push
Nu Holdings Ltd has named former Amazon and Apple executive Diego Piacentini to its board of directors. The move comes as the Brazilian fintech giant advances its U.S. expansion plans following conditional regulatory approval earlier this year.
Massachusetts City Moves to Ban Crypto ATMs Amid Fraud Crackdown
Haverhill, Massachusetts is advancing a ban on cryptocurrency ATMs, requiring removal within 60 days or daily fines. The move follows a unanimous council vote and growing fraud concerns.
Institutional Investors Boost Amazon Holdings Despite AI Capex Concerns
Recent SEC filings reveal several investment firms expanded their positions in Amazon during Q4 2025, even as the company faces scrutiny over its massive AI-related capital expenditures.
Biogen Acquires Apellis in $5.6B Deal, Adding Eye and Kidney Drugs
Biogen has entered a definitive agreement to acquire Apellis Pharmaceuticals for approximately $5.6 billion. The deal includes a $41 per share cash offer plus contingent value rights.
Nio Q1 Deliveries Surpass Target, Firefly Gains Momentum
Nio's first-quarter deliveries reached 83,465 vehicles, slightly above its forecast, driven by a 136% year-on-year surge in March. The company's Firefly brand posted strong monthly results and is targeting international expansion.
Oil Volatility Persists Near $100 as Ceasefire Hopes Clash with Supply Realities
Oil prices fluctuated sharply on Wednesday, with Brent crude touching $98.35 before recovering near $103, as hopes for a swift end to the Iran conflict were tempered by persistent supply disruptions. The IEA warned April supply losses could double March's figures.
India's Crypto Futures Market Sees Youth and Female Trader Surge
Gen Z investors aged 18-25 now constitute 61% of new crypto futures traders in India, while female participation jumped 20% year-on-year. Average trade sizes on the Pi42 platform have nearly doubled to $1,960.
Intel Q1 Earnings Preview: AI Demand and 18A Yields in Spotlight
Intel is scheduled to release its first-quarter 2026 financial results on April 23, after the market closes. The chipmaker's performance will be scrutinized for updates on server supply constraints, advanced manufacturing yields, and its competitive positioning in AI.
Snap Jumps on Activist Pressure for AI Focus, Cost Cuts, and Specs Review
Snap shares climbed sharply after activist investor Irenic Capital disclosed a stake and urged the company to sharpen its AI focus, cut costs, and reconsider its Specs division. The company recently returned to profitability but issued soft Q1 guidance.
Stocks Soar on Iran De-escalation Hopes, But Quarter Ends in Red
U.S. equities staged their strongest rally in nearly a year Tuesday, with the Dow jumping over 1,100 points, fueled by optimism about a potential winding down of the Iran conflict. Despite the surge, major indices closed the quarter with steep losses.