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Nvidia Stock Split Speculation Resurfaces Ahead of Q1 Earnings
Technology Sarah Chen

Nvidia Stock Split Speculation Resurfaces Ahead of Q1 Earnings

Nvidia shares climbed 2% Monday, reigniting stock split chatter ahead of its Q1 fiscal 2027 earnings report due May 20. The company also announced major AI infrastructure deals.

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Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers
Technology Sarah Chen

Navitas Soars 18% on India's First GaN Power IC Launch for AI Data Centers

Navitas Semiconductor shares surged 18% Monday after Cyient Semiconductors unveiled India's first GaN power IC lineup, built with Navitas tech for AI data centers, telecom, and EV charging.

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Broadcom Surpasses Tesla, Meta, Walmart on $100B AI Chip Bet
Technology Sarah Chen

Broadcom Surpasses Tesla, Meta, Walmart on $100B AI Chip Bet

Broadcom's market value reached $2.11 trillion, surpassing Tesla, Meta, and Walmart, as its AI chip revenue soared 106% to $8.4 billion, driven by long-term deals with Google and Meta.

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VTI vs ITOT: Low-Cost Total Market ETFs Face Tech-Heavy Risk
Markets Daniel Marsh

VTI vs ITOT: Low-Cost Total Market ETFs Face Tech-Heavy Risk

VTI and ITOT, two low-cost total market ETFs, saw inflows on May 7 as U.S. equity funds attracted $5.83B. Both remain heavily weighted toward big tech, raising concentration risk.

VTI VOO NVDA AAPL GOOGL MSFT AMZN
ServiceNow's $30B AI Revenue Goal Faces KeyBanc Skepticism
Analysis Daniel Marsh

ServiceNow's $30B AI Revenue Goal Faces KeyBanc Skepticism

KeyBanc stays bearish on ServiceNow even after the company projected over $30 billion in subscription revenue by 2030, flagging slowing bookings growth.

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GCT Semiconductor Shares Jump on Satellite 5G Platform Deal Ahead of Q1 Earnings
Technology Sarah Chen

GCT Semiconductor Shares Jump on Satellite 5G Platform Deal Ahead of Q1 Earnings

GCT Semiconductor shares rose to $1.88 after hours on a satellite reference-platform deal. Q1 earnings due May 12 with expected loss of 13 cents per share on $1.77M revenue.

GCT
Ramp Targets $40B Valuation in $750M Funding Round
Technology Sarah Chen

Ramp Targets $40B Valuation in $750M Funding Round

Ramp is negotiating a $750 million funding round at a pre-money valuation exceeding $40 billion, with existing investors GIC and Iconiq Capital expected to co-lead.

AXP SAP
Lumentum Joins Nasdaq-100 as AI Optics Demand Surges
Technology Sarah Chen

Lumentum Joins Nasdaq-100 as AI Optics Demand Surges

Lumentum Holdings will enter the Nasdaq-100 on May 18, replacing CoStar Group. The optical components company's stock has surged 145% this year amid AI-driven demand.

NVDA COHR
IREN Shares Slide on $2 Billion Convertible Note Plan After Nvidia Deal
Markets Daniel Marsh

IREN Shares Slide on $2 Billion Convertible Note Plan After Nvidia Deal

IREN Ltd. shares dropped 9.43% to $55.43 premarket Monday after announcing a $2 billion convertible note offering, following last week's Nvidia partnership. The company's Q3 revenue fell to $144.8 million with a net loss of $247.8 million.

IREN NVDA MSFT
Social Security Payments for May 2026: Schedule and Key Details
Economy Daniel Marsh

Social Security Payments for May 2026: Schedule and Key Details

Social Security's May 2026 payment cycle starts May 13 for those born 1st-10th, with average retired worker checks at $2,081.16. The 2.8% COLA increase is partly offset by higher Medicare Part B premiums.

SPY
Applied Digital's Cloud Spin-Off ChronoScale Begins Trading; APLD Retains 97% Stake
IPO Michael Okonkwo

Applied Digital's Cloud Spin-Off ChronoScale Begins Trading; APLD Retains 97% Stake

Applied Digital's cloud unit ChronoScale (CHRN) started trading on Nasdaq, with APLD retaining 97% ownership. The spin-off aims to separate risk profiles, while APLD secured a $300M bridge loan for its North Dakota data center.

APLD EKSO
Silver Rally Nears $80, Awaits CPI Data for Direction
Commodities Rebecca Torres

Silver Rally Nears $80, Awaits CPI Data for Direction

Silver trades near $80 as traders await U.S. CPI data. A break above $83 could signal further gains, while failure risks a drop toward $70.

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