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AI boom drives a rally in buying of tech shares, pushing South Korea's Kospi to a record
Associated Press106d agobullish
AI boom drives a rally in buying of tech shares, pushing South Korea's Kospi to a record

South Korea’s Kospi soared nearly 7% to a fresh record on Wednesday as Samsung Electronics' stock jumped nearly 13% in a rally driven by expectations of strong growth in artificial intelligence and hopes for progress in ending the U.S.-Iran war. Shares in SK Hynix, another major Korean computer chipmaker, shot up 10% early Wednesday. Both Samsung and SK Hynix are major manufacturers of the computer chips vital for AI applications.

Fastly (FSLY) Climbs 17.7%, Investors Upbeat on Earnings
Insider Monkey106d agobullish
Fastly (FSLY) Climbs 17.7%, Investors Upbeat on Earnings

Fastly Inc. (NASDAQ:FSLY) is one of the 10 Stocks Turning Heads With Double-Digit Gains. Fastly grew its share prices by 17.72 percent on Tuesday to close at $32.36 apiece, as investors loaded portfolios ahead of the results of its first quarter earnings performance, which came shortly after market close. Earlier, the company announced targets of […]

Samsung Electronics' market cap surpasses $1 trln after US AI chip stocks surge
Reuters106d agobullish
Samsung Electronics' market cap surpasses $1 trln after US AI chip stocks surge

The market capitalisation of Samsung Electronics' ‌common stock surpassed $1 trillion ‌on Wednesday, making it the second ​Asian company after TSMC to reach the milestone. Samsung Electronics, the world's top memory chipmaker, saw its ‌market value ⁠reach 1,500 trillion won ($1.03 trillion) in early trading ⁠in Seoul on Wednesday, tracking sharp gains of AI-related ​stocks in ​the U.S. ​overnight. Shares of the ‌South Korean chip giant were up 12% at 09:52 a.m.

Cricut, Inc. (CRCT) Beats Q1 Earnings Estimates
Zacks106d agobullish
Cricut, Inc. (CRCT) Beats Q1 Earnings Estimates

Cricut (CRCT) delivered earnings and revenue surprises of +100.00% and -2.80%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Korea's KOSPI breaks 7,000 as AI rally catapults Samsung into $1 trillion club
Reuters106d agobullish
Korea's KOSPI breaks 7,000 as AI rally catapults Samsung into $1 trillion club

South Korea's benchmark KOSPI index vaulted past 7,000 for the first time on Wednesday, as an AI-powered rally in semiconductor stocks drove Samsung Electronics past the $1 trillion market-cap barrier. The gains underscore how ‌global demand for artificial intelligence hardware has become the dominant force reshaping equity markets, turning South Korea's chip-heavy benchmark into one of the ‌world's best performing major markets. The KOSPI closed up 6.45% at 7,384.56, after briefly tripping a rare "sidecar" trading curb and rising as much as 7.06% to a record high of 7,426.60, as a ​blistering rally in U.S. chip stocks overnight drove the Philadelphia Semiconductor Index up 4.2%.

Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms
Reuters106d agobullish
Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms

Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO ‌RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in ‌robotaxis designed by Alphabet's Waymo.

Analyst reveals $3B Bitcoin buy coming this week
TheStreet106d agobullish
Analyst reveals $3B Bitcoin buy coming this week

When it comes to buying Bitcoin (BTC), there is hardly anyone who can beat Strategy Inc. (NASDAQ: MSTR). But it's been some time since we saw chairman Michael Saylor making a happy announcement on X about their new mega Bitcoin buy. This is because the company is gearing up to report its ...

AMD reports Q1 earnings beat driven by data center growth
Proactive106d agobullish
AMD reports Q1 earnings beat driven by data center growth

Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) reported first quarter results that exceeded Wall Street expectations, supported by strong growth in its data center segment, sending its shares higher after Tuesday's closing bell. The semiconductor company reported revenue of $10.3...

AMD's Q1 earnings & Q2 guidance beat Wall Street's estimates
Yahoo Finance Video106d agobullishVIDEO
AMD's Q1 earnings & Q2 guidance beat Wall Street's estimates

AMD (AMD) reported first quarter results on Tuesday after the closing bell. Adjusted earnings per share (EPS) came in at $1.37 (compared to analyst estimates of $1.28), and revenue came in at $10.25 billion (compared to analyst estimates of $9.89 billion). Market Domination Overtime host Josh Lipton takes a closer look at the breaking numbers.

Super Micro forecasts quarterly revenue above estimates, shares climb
Reuters106d agobullish
Super Micro forecasts quarterly revenue above estimates, shares climb

Super Micro Computer on Tuesday forecast fourth-quarter revenue and adjusted profit above Wall Street estimates, ‌banking on robust demand for its artificial intelligence servers, ‌sending shares up 17% in extended trading. "With the addition of our ‌new U.S. manufacturing facilities ⁠in Silicon Valley, we are exceptionally well-positioned to meet the massive demand for various AI and ⁠enterprise verticals," CEO Charles Liang said in a statement. The company projected fourth-quarter revenue in the range of $11 billion to $12.5 billion, compared ​with analysts' ​average estimate of $11.07 billion, according ​to data compiled by LSEG.