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“Super Micro shares tank 33% after employees charged with smuggling Nvidia chips to China”

April 12, 2026

“People tied to an unnamed U.S. server maker illegally diverted billions in equipment containing Nvidia artificial intelligence chips to China, U.S. prosecutors said. Super Micro said one of the defendants was a co-founder and executive of its company, another was… Continue Reading…

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Stocks

“Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report”

April 12, 2026

“Zhipu shares surged after revenue more than doubled in its first earnings report. Losses widened as the firm ramped up AI research spending. Zhipu AI CEO reportedly said that ​the company was accelerating use of domestic Chinese chips to meet… Continue Reading…

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Stocks

“Intel shares jump 9% after buying back Ireland chip fab in sign of renewed strength”

April 12, 2026

“Intel shares jumped Wednesday after the chipmaker said it would repurchase equity in its Fab 34 manufacturing facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake to Apollo Global Management in 2024 to raise capital. The… Continue Reading…

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Stocks

“Japan’s Sakura Internet jumps 20% as Microsoft plans $10 billion AI push with SoftBank”

April 12, 2026

“Sakura Internet shares jumped after Microsoft announced an AI partnership in Japan. Microsoft pledged $10 billion to build AI infrastructure and train workers. SoftBank and Sakura partnered to provide AI computing capacity in Japan…” https://www.cnbc.com/2026/04/03/sakura-internet-microsoft-ai-japan-softbank-investment.html

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Stocks

“Nike shares fall 9% on weak outlook, expected 20% sales decline in China”

April 12, 2026

“Nike beat Wall Street’s earnings and revenue estimates for its third fiscal quarter, but it gave a weaker-than-expected sales outlook for its current quarter. Revenue in its struggling Greater China market fell but still beat Wall Street estimates, while its… Continue Reading…

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Stocks

“Block shares soar as much as 24% as company slashes workforce by nearly half”

April 7, 2026

“Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly 18% in Friday’s premarket.… Continue Reading…

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Stocks

“Peloton shares plunge 26% on weak holiday quarter, sluggish demand for splashy new products”

April 7, 2026

“Peloton missed Wall Street’s expectations on the top and bottom lines and fell short of its internal sales targets during its crucial holiday quarter. The misses come after the connected fitness company overhauled its product assortment and raised prices for… Continue Reading…

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Stocks

“Freshworks Stock Down 60% in One Year as Revenue Jumps 16% and One Investor Sells $7 Million in Shares”

February 19, 2026

“…Freshworks closed 2025 with $838.8 million in revenue, up 16% year over year, and fourth quarter revenue of $222.7 million. GAAP operating income swung to $13.2 million for the year from a sizable loss in 2024, while non-GAAP operating margin expanded to… Continue Reading…

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Stocks

“Astera Labs shares sink 10% as revenue comes up short of some expectations”

February 17, 2026

“Astera Labs reported results for the fiscal fourth quarter on Tuesday that exceeded analyst expectations for both earnings per share and revenue. CEO Jitendra Mohan told CNBC that “AI is still in its early innings,” issuing strong guidance for the… Continue Reading…

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“Shares of CSG, one of the world’s fastest-growing defense firms, jump 31% on debut”

January 26, 2026

“Shares of Czech-based defense firm Czechoslovak Group, or CSG, surged on its stock market debut on Friday. The Prague-based company raised a total of 3.8 billion euros ($4.5 billion) in its initial public offering.” https://www.cnbc.com/2026/01/23/csg-stock-debut-ipo-defense-amsterdam-czech.html

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