(Bloomberg) -- Nvidia Corp. denied a report from website SemiAccurate that it was seeking an acquisition of a large company that would “reshape the PC landscape.”The website said Nvidia had been negotiating a deal for more than a year. The report sparked a rally Monday in the shares of PC makers Dell Technologies Inc. and HP Inc. “The media report is false; Nvidia is not engaged in discussions to ...
(Bloomberg) -- Nvidia Corp. denied a report from website SemiAccurate that it was seeking an acquisition of a large company that would “reshape the PC landscape.”The website said Nvidia had been negotiating a deal for more than a year. The report sparked a rally Monday in the shares of PC makers Dell Technologies Inc. and HP Inc. “The media report is false; Nvidia is not engaged in discussions to acquire any PC maker,” a company spokesperson told Bloomberg News.Dell and HP are among the top PC v
Palantir Technologies (NASDAQ:PLTR) is a Hold at $130. The stock has pulled back sharply from its highs, but the valuation remains stretched enough to keep aggressive buyers on the sideline even as the underlying business accelerates. Palantir builds software platforms that turn complex data into operational decisions. Its three core products (Gotham for government intelligence ... Palantir At $13...
Palantir Technologies (NASDAQ:PLTR) is a Hold at $130. The stock has pulled back sharply from its highs, but the valuation remains stretched enough to keep aggressive buyers on the sideline even as the underlying business accelerates. Palantir builds software platforms that turn complex data into operational decisions. Its three core products (Gotham for government intelligence ... Palantir At $130: Buy, Sell or Hold
SpaceX, Anthropic, and OpenAI are among the high-valuation companies expected to go public in the coming months. But Peter Singlehurst, head of the private companies team at Baillie Gifford, says public market investors have already missed out on a lot of growth. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
SpaceX, Anthropic, and OpenAI are among the high-valuation companies expected to go public in the coming months. But Peter Singlehurst, head of the private companies team at Baillie Gifford, says public market investors have already missed out on a lot of growth. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Antonio Bordunovi Dell Inc. ( DELL ) fell 3.3% and HP Inc. ( HPQ ) dropped 3.2% in after-hours trading after Nvidia ( NVDA ) said it's not engaged in talks to acquire a PC maker. Nvidia said a report earlier from SemiAccurate that the company has been in negotiations for over a year to acquire a large PC company is "false," according to an emailed statement sent to Bloomberg. “The media report is ...
Antonio Bordunovi Dell Inc. ( DELL ) fell 3.3% and HP Inc. ( HPQ ) dropped 3.2% in after-hours trading after Nvidia ( NVDA ) said it's not engaged in talks to acquire a PC maker. Nvidia said a report earlier from SemiAccurate that the company has been in negotiations for over a year to acquire a large PC company is "false," according to an emailed statement sent to Bloomberg. “The media report is false; Nvidia is not engaged in discussions to acquire any PC maker,” a company spokesperson told Bloomberg. Shares of PC makers: Dell Technologies ( DELL ) surged about 6%, while HP ( HPQ ) jumped around 4% following the initial report. More on Dell, HP, etc. HP Inc.: Willing To Bite At A 6.5% Yield, Despite Memory Risk (Rating Upgrade) Nvidia: The Rerating Is Over, The Growth Story Isn't AI Capex Surge, Bottlenecks, And The Race For ROI Nvidia surges into ninth straight day of gains PC stocks surge after report of Nvidia in talks to buy a PC-focused company
Credo Technology Group ( CRDO ) has entered into a definitive agreement to acquire DustPhotonics, a leading developer of Silicon Photonics Photonic Integrated Circuit (SiPho PIC) technology for optical transceivers, in a cash-and-stock deal. Credo will pay an upfront consideration of $750M cash and ~0.92M shares of Credo common stock. The company may pay incremental contingent consideration of up ...
Credo Technology Group ( CRDO ) has entered into a definitive agreement to acquire DustPhotonics, a leading developer of Silicon Photonics Photonic Integrated Circuit (SiPho PIC) technology for optical transceivers, in a cash-and-stock deal. Credo will pay an upfront consideration of $750M cash and ~0.92M shares of Credo common stock. The company may pay incremental contingent consideration of up to ~3.21M shares based on the achievement of certain financial milestones. Credo expects the transaction will be accretive to non-GAAP earnings per share in its fiscal 2027. The transaction is expected to close in the second quarter of calendar 2026. CRDO +2.69% after hours to $137.91. Source: Press Release More on Credo Technology Credo: 'Optics Threat' Creates The Kind Of AI Buying Opportunity I Dream Of Credo: Fantastic Growth Drivers Ahead Make This A Buy Micron, Credo, Lumentum: 3 AI Strong Buys Credo surges as Jefferies initiates with Buy rating due to AI opportunity Insider trades: Nike, Marvell Technology among notable names
Kraken, one of the world’s oldest crypto exchanges, said it’s being extorted by a criminal group that claims to have access to some client account information. Client funds were never at risk, Nick Percoco , chief security officer for Kraken, said in a post on the X social network on Monday. The exchange didn’t say how much was being sought by the group. Some limited client information — including...
Kraken, one of the world’s oldest crypto exchanges, said it’s being extorted by a criminal group that claims to have access to some client account information. Client funds were never at risk, Nick Percoco , chief security officer for Kraken, said in a post on the X social network on Monday. The exchange didn’t say how much was being sought by the group. Some limited client information — including names and addresses — may have been stolen when client support staffers took photos and videos of the data during two incidents, in 2025 and earlier this year, according to a person familiar with the matter who declined to be named because the details haven’t been made public. The company told about 2,000 clients who may have been affected to be careful with outreach to them, the person said. A spokesperson for Cheyenne, Wyoming-based Payward Inc. , which operates under the name Kraken, declined to comment on what client information was exposed. Customer support has been a frequent target of attacks on crypto exchanges in recent years. Hackers bribed customer service agents at Coinbase Global Inc., for example, to steal client data, and then demanded a $20 million ransom to delete it. Kraken was able to repel a similar attack at that time. “What we are seeing is a shift toward the human layer,” said Ari Redbord , global head of policy and government affairs at TRM Labs. “As technical defenses get stronger, the focus moves to the people inside the system, especially those whose job is to be accessible and helpful.” Earlier this month, the decentralized finance project Drift was hit by a hack that drained nearly $300 million in digital assets from the protocol in what industry observers speculated appeared to be a social-engineering-driven attack. Kraken is “actively working with federal law enforcement across multiple jurisdictions to pursue all individuals involved and bring them to justice,” Percoco said in the X post . The extortion comes at a time when the crypto market...
LAGUNA HILLS, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Elite Express Holding Inc. (“ETS” or the “Company”) (Nasdaq CM: ETS), a California-based provider of last-mile delivery services, today reported results for the quarter ended February 28, 2026.
LAGUNA HILLS, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Elite Express Holding Inc. (“ETS” or the “Company”) (Nasdaq CM: ETS), a California-based provider of last-mile delivery services, today reported results for the quarter ended February 28, 2026.
TebNad Chevron ( CVX ) and Shell ( SHEL ) are expected to sign agreements that would significantly increase U.S. production of Venezuelan heavy crude and natural gas , Reuters reported Monday. Chevron ( CVX ) is planning to sign an agreement that would return an offshore gas field to Venezuela and increase its operations in the country’s main oil region, while Shell ( SHEL ) is expected to sign an...
TebNad Chevron ( CVX ) and Shell ( SHEL ) are expected to sign agreements that would significantly increase U.S. production of Venezuelan heavy crude and natural gas , Reuters reported Monday. Chevron ( CVX ) is planning to sign an agreement that would return an offshore gas field to Venezuela and increase its operations in the country’s main oil region, while Shell ( SHEL ) is expected to sign an agreement to take control of the Loran gas field for operations, according to the report . The U.S. company reportedly has been in talks to relinquish Loran, where it had confirmed more than 7 Tcf of reserves years ago but did not develop; it is now focused on expanding Petropiar, its main oil project in Venezuela, into the neighboring Ayacucho 8 area in the Orinoco Belt. The agreements would be among the first big expansion deals since the U.S. captured Venezuela's President Maduro and the approval of a sweeping reform of the country's main oil law meant to encourage foreign investment. The specific terms of the deal are not yet known, although they are expected to be signed in the presence of acting Venezuelan President Rodriguez. More on Chevron and Shell Chevron: Growth Drivers Are In Sync With Valuation And Technicals Chevron: Prolonged Iran War A Catalyst Shell: The Company Should Be A Buy, But Near-Term Risks Warrant Patience
In trading on Monday, shares of Virtus Equity & Convertible Income Fundha (Symbol: NIE) crossed above their 200 day moving average of $24.85, changing hands as high as $24.94 per share. Virtus Equity & Convertible Income Fundha shares are currently trading up about 1.1%
In trading on Monday, shares of Virtus Equity & Convertible Income Fundha (Symbol: NIE) crossed above their 200 day moving average of $24.85, changing hands as high as $24.94 per share. Virtus Equity & Convertible Income Fundha shares are currently trading up about 1.1%
In trading on Monday, shares of Contango Silver & Gold Inc (Symbol: CTGO) crossed above their 200 day moving average of $23.79, changing hands as high as $24.14 per share. Contango Silver & Gold Inc shares are currently trading up about 3.3% on the day. The chart below
In trading on Monday, shares of Contango Silver & Gold Inc (Symbol: CTGO) crossed above their 200 day moving average of $23.79, changing hands as high as $24.14 per share. Contango Silver & Gold Inc shares are currently trading up about 3.3% on the day. The chart below
At Holdings Channel, we have reviewed the latest batch of the 61 most recent 13F filings for the 03/31/2026 reporting period, and noticed that Meta Platforms Inc (Symbol: META) was held by 43 of these funds. When hedge fund managers appear to be thinking alike, we find it is a g
At Holdings Channel, we have reviewed the latest batch of the 61 most recent 13F filings for the 03/31/2026 reporting period, and noticed that Meta Platforms Inc (Symbol: META) was held by 43 of these funds. When hedge fund managers appear to be thinking alike, we find it is a g
Many investing professionals probably expected the S&P 500 would fall on Monday. Instead, the index rose by a full percentage point, finishing at its highest level in almost six weeks.
Many investing professionals probably expected the S&P 500 would fall on Monday. Instead, the index rose by a full percentage point, finishing at its highest level in almost six weeks.
Goldman Sachs Group Inc.’s surprise drop in bond- and rates-trading revenue cast a shadow over another record quarter from the bank’s equities team, prompting Chief Executive Officer David Solomon to point the finger at analysts for setting the bar so high. Bloomberg's Todd Gillespie. (Source: Bloomberg)
Goldman Sachs Group Inc.’s surprise drop in bond- and rates-trading revenue cast a shadow over another record quarter from the bank’s equities team, prompting Chief Executive Officer David Solomon to point the finger at analysts for setting the bar so high. Bloomberg's Todd Gillespie. (Source: Bloomberg)
Erikona Take-Two Interactive’s ( TTWO ) wholly owned subsidiary Rockstar Games has been hacked for a second time in three years and given until April 14 to meet ransom demands before stolen company data is released. Hacker group ShinyHunters broke into servers run by third-party cloud provider Anodot and stole what Rockstar called “a limited amount of non-material company information.” Despite the...
Erikona Take-Two Interactive’s ( TTWO ) wholly owned subsidiary Rockstar Games has been hacked for a second time in three years and given until April 14 to meet ransom demands before stolen company data is released. Hacker group ShinyHunters broke into servers run by third-party cloud provider Anodot and stole what Rockstar called “a limited amount of non-material company information.” Despite the threats to make the data public, Rockstar said it would not pay the ransom. The hack initially weighed on shares of parent company Take-Two Interactive ( TTWO ) before Monday’s open but has since recovered to close more than 2% higher. More on Take-Two Take-Two Interactive: What The Market Is Missing About The GTA VI (Rating Upgrade) Take-Two Interactive Software: Strong Bookings Prospects Amid Selloff (Upgrade) Take-Two Interactive Q3: Live Service Funding A Major Release Every Decade, Boring The long and winding road for GTA 6 may be ending Communication Services posts weak performance in Q1; VZ tops chart and TTD, DIS among losers
The Trump administration is seeking information from farmers to help with an ongoing Justice Department probe into high costs for fertilizer, machinery and other farm inputs. Deputy Secretary Stephen Vaden said he has met with officials at the Justice Department and the Federal Trade Commission to discuss lines of inquiry, and knows that “farmers have a lot of information that might be relevant to...
The Trump administration is seeking information from farmers to help with an ongoing Justice Department probe into high costs for fertilizer, machinery and other farm inputs. Deputy Secretary Stephen Vaden said he has met with officials at the Justice Department and the Federal Trade Commission to discuss lines of inquiry, and knows that “farmers have a lot of information that might be relevant to these investigations.” The Department of Justice is investigating whether fertilizer producers colluded to raise prices, Bloomberg reported in early March . “We need farmers to help provide us with that information on a confidential basis, so that that can help inform the investigations that are ongoing,” Vaden said at the North American Agricultural Journalists’ annual conference in Washington on Monday. “I think we will have a mechanism in order to help encourage that exchange of information.” Read More: DOJ Probes US Fertilizer Market for Possible Price Fixing The fertilizer industry has faced scrutiny as only a handful of producers account for most of the US’s supply of crop nutrients, and prices have never fully cooled after Russia’s invasion of Ukraine in 2022 upset supplies. The administration has tried to tamp down production costs for farmers, a key voting bloc that is largely backing President Donald Trump even as his trade policies have hurt crop prices and restricted some fertilizer imports. The war on Iran has sent fertilizer prices surging even further. Trump posted on Truth Social over the weekend that he is closely watching fertilizer prices, saying the US “will not accept PRICE GOUGING from the fertilizer monopoly!” He also called on farm machinery companies to lower tractor and equipment costs at a White House event in late March. Spot urea prices in New Orleans are up nearly 50% since the conflict began, to the highest price since April 2022, according to Bloomberg Green Markets. Meanwhile, diammonium phosphate prices in the US cornbelt have gained about...
Spanish Prime Minister Pedro Sanchez’s wife, Begona Gomez, has been formally charged with corruption after a years-long criminal investigation, according to a court ruling published on Monday. The investigation is one of several corruption cases that have embroiled the Socialist leader’s family and former allies, putting pressure on his minority coalition government. Judge Juan Carlos Peinado open...
Spanish Prime Minister Pedro Sanchez’s wife, Begona Gomez, has been formally charged with corruption after a years-long criminal investigation, according to a court ruling published on Monday. The investigation is one of several corruption cases that have embroiled the Socialist leader’s family and former allies, putting pressure on his minority coalition government. Judge Juan Carlos Peinado opened the investigation in April 2024 to determine whether Gomez had exploited her position as...
(RTTNews) - Stocks moved to the downside early in the session on Monday but showed a significant turnaround over the course of the trading day. The major averages climbed well off their worst levels of the day and firmly into positive territory.
(RTTNews) - Stocks moved to the downside early in the session on Monday but showed a significant turnaround over the course of the trading day. The major averages climbed well off their worst levels of the day and firmly into positive territory.
Semiconductor stocks have been on a tear since the market's rebound from its 2026 lows – and investors willing to take the biggest risks are capturing hefty gains. The NYSE Semiconductor Index has jumped 27% since March 30, the day the S & P 500 hit its nadir for the year. In fact, after the chips index's latest surge, it's now up nearly 12% since the U.S.-Iran war started. Investors with a taste ...
Semiconductor stocks have been on a tear since the market's rebound from its 2026 lows – and investors willing to take the biggest risks are capturing hefty gains. The NYSE Semiconductor Index has jumped 27% since March 30, the day the S & P 500 hit its nadir for the year. In fact, after the chips index's latest surge, it's now up nearly 12% since the U.S.-Iran war started. Investors with a taste for risk, however, have seen enormous gains. Consider that the Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) , a triple-leveraged ETF that follows the semiconductor index, has surged nearly 98% since March 30. Triple-leveraged ETFs are designed to magnify the returns of whatever index or stock they follow. But while they can deliver massive short-term gains, they also can deliver three times the losses, making it a high-risk play. In a note Sunday, Goldman Sachs pointed out that semiconductors have outperformed software by 20 percentage points in last week's five sessions. The bank said that was the largest five-day spread in more than 25 years. SOXL YTD mountain The Direxion Daily Semiconductor Bull 3X ETF (SOXL) in 2026 The recent rally in chipmakers seemed to be aided by the latest developments on the artificial intelligence front, including the launch of new models from Meta Platforms and Anthropic . While semiconductors are critical to the AI buildout, investors are worried that the technology could disrupt the software-as-a-service business model. Indeed, the iShares Expanded Tech-Software Sector ETF (IGV) suffered a 7% decline last week, while the iShares Semiconductor ETF (SOXX) jumped nearly 14%. Jonathan Krinsky, chief market technician at BTIG, said in a Sunday note that he expects that divergence between semiconductors and software names to ease eventually. However, he has predicted that for a little while now and it hasn't come to fruition just yet, he noted. Krinsky also forecasted that the rally in semis likely can't keep going at this pace. "Semis c...
Revolution Medicines ( RVMD ) on Monday said that it intends to raise about $1 billion through separate public offerings of $750 million in common stock and $250 million in convertible senior notes due 2033. The company said the offerings are not contingent on each other and are subject to market conditions. It also plans to grant underwriters 30-day options to purchase up to an additional $112.5 ...
Revolution Medicines ( RVMD ) on Monday said that it intends to raise about $1 billion through separate public offerings of $750 million in common stock and $250 million in convertible senior notes due 2033. The company said the offerings are not contingent on each other and are subject to market conditions. It also plans to grant underwriters 30-day options to purchase up to an additional $112.5 million of stock and $37.5 million of notes to cover over-allotments. The notes will be senior unsecured obligations, pay interest semi-annually, and be convertible into cash, shares, or a combination of both at the company’s election. They will mature on May 1, 2033, unless earlier redeemed, repurchased, or converted. Revolution Medicines said it intends to use proceeds from both offerings for general corporate purposes, including research and development, potential commercialization activities, and administrative expenses. RVMD -1.68% after hours to $133.99. Source: Press Release More on Revolution Medicines Revolution Medicines: PDAC Data Wows Wall Street - Jury's Out On Further Upside This One Data Readout Could Make Or Break Revolution Medicines Revolution Medicines, Inc. (RVMD) Presents at TD Cowen 46th Annual Health Care Conference Transcript Revolution Medicines surges on data for pancreatic cancer asset daraxonrasib Revolution, Ascendis, Arrowhead among RBC’s top M&A candidates in biotech