Archives
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Intel Stock Surges on SK Hynix Ohio Foundry Talks
Intel Corporation (INTC) stock shares jumped roughly 3% in premarket trading on September 17, driven by a Reuters exclusive reporting SK Hynix is in talks to lease or partner at Intel’s Ohio facility to manufacture AI memory chips in the U.S. for the first time. The move aligns with the Trump administration’s push for domestic […]
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Fed Raises Interest Rates for First Time Since 2023
The Federal Reserve delivered a unanimous 25 basis-point rate hike on September 16, 2026, marking its first tightening move since 2023 and sending ripples across equities, crypto, and fixed income markets. Markets had priced in a 93% probability of the move ahead of the 2 p.m. announcement, meaning the hike itself was not a surprise, […]
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Novo Stock Slips as Novo Rebrands, Faces Bearish Call
Novo Nordisk (NVO) stock made two major headlines this week: a corporate rebrand dropping “Nordisk” to become simply “Novo,” and a new AI collaboration with Anthropic to accelerate drug discovery. The moves come as the GLP-1 giant fights to reclaim obesity drug market share from LLY, but sentiment remains under pressure after Morgan Stanley issued […]
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Apple Stock Surges on iPhone Duo Launch, AI Upgrades
Apple (AAPL) stock unveiled its first foldable iPhone, the iPhone Duo, at its “Surprise and Shine” event on September 9 under new CEO John Ternus, pricing the device at $1,999 — below the $2,099+ Wall Street had expected. Shares initially wiped out a midday loss to trade near $316 at announcement, and as of this […]
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Adobe Stock Falls Despite Q3 Beat, Weak Q4 Guidance
Adobe (ADBE) stock reported Q3 FY2026 results after the close on September 10th, posting record revenue of $6.76 billion (up 13% YoY) and non-GAAP EPS of $6.13 versus the $6.09 estimate, while also raising its full-year revenue and EPS guidance. Despite those beats, shares fell on Friday to roughly $248, down from $266 just a […]
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Oracle Stock Surges 8% on Q1 Beat, Guidance Raise
Oracle Corporation (ORCL) stock shares are trading roughly 8% higher Friday morning after the company reported a blowout Q1 FY2027 results late Thursday, posting adjusted EPS of $1.92 versus the $1.74 consensus estimate and revenue of $19.3 billion against an $19.1 billion estimate. The company simultaneously raised its full-year FY27 adjusted EPS guidance to $8.10 […]
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Qualcomm Stock Surges on $60B Amazon AI Chip Deal
Qualcomm (QCOM) stock shares jumped sharply on September 8, rising toward the $180 level after the company announced a landmark multi-generation AI chip collaboration with Amazon Web Services, with one analyst labeling it a “net-net huge QCOM win.” The deal includes Qualcomm issuing Amazon warrants for up to 25 million shares at $161.26 per share, […]
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NBIS Stock Surges on Palantir AI Partnership
Nebius Group (NBIS) stock jumped as much as 7% on September 8 after announcing a strategic partnership with Palantir Technologies (PLTR), which named Nebius its preferred sovereign AI infrastructure partner and will integrate Nebius compute and inference endpoints directly into the Palantir platform for commercial customers. The move followed a separate catalyst from late August, […]
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Market Update Into September 7th: Inflation Data Incoming
Markets whipsawed last week as a wave of strong AI earnings hit the tape, crypto caught a bid, and Friday’s jobs report came in far hotter than expected, with 162,000 jobs added against estimates of just 53,000. AI and memory names led the charge as $AVGO, $DELL, and $HPE all crushed earnings, with $SNDK and […]
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Uber Stock Faces AV Reckoning as Tesla Cybercab Launches
Uber Technologies (UBER) stock kicked off September with a double blow: a 3,300-person layoff (roughly 10% of its workforce) announced on September 2 to flatten management layers, immediately followed by the launch of Tesla’s Cybercab robotaxi service in Austin on September 4. Shares sold off heading into the Tesla event but have stabilized near $75-$76, […]
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LULU Stock Tumbles After Q2 Earnings
Lululemon Athletica (LULU) stock reported Q2 2026 earnings of $2.92 per share, beating the $1.80 estimate by over 62%, but the headline beat was heavily distorted by an $0.86 EPS contribution from one-time IIPA tariff refunds. Revenue of $2.416B missed the $2.458B estimate, and the company slashed full-year 2026 EPS guidance from $10.95-$11.15 down to […]
Market Update Into September 14th: Rate Hike Incoming?