MetaX Integrated Circuits Shanghai Co. ’s full-year revenue more than doubled, driven by robust domestic artificial intelligence demand while Nvidia Corp. is squeezed out of the Chinese market. Revenue rose to 1.6 billion yuan ($232 million) in 2025 from 743 million yuan a year earlier, according to a Thursday filing . Losses for the same period narrowed to 779 million yuan. This is the first time...
MetaX Integrated Circuits Shanghai Co. ’s full-year revenue more than doubled, driven by robust domestic artificial intelligence demand while Nvidia Corp. is squeezed out of the Chinese market. Revenue rose to 1.6 billion yuan ($232 million) in 2025 from 743 million yuan a year earlier, according to a Thursday filing . Losses for the same period narrowed to 779 million yuan. This is the first time the Shanghai-based chip firm has released earnings since its December initial public offering. Its fully domestic C600 chip is expected to begin mass production and sales in the first half of 2026 and poised to “become the company’s next-generation flagship product,” MetaX said in the statement. “Driven by the US-China technology rivalry and policies promoting domestic substitution, the market penetration of Chinese-made AI chips has shown a significant upward trend in recent years,” the firm said. More domestic manufacturers may enter the market to compete in the future as growth accelerates, it added. MetaX is among a wave of Chinese AI firms that rushed to raise funds to accelerate growth as Beijing supports home-grown champions in the sector. The Shanghai-listed stock has more than quintupled since its debut.
Stocks, Bonds Slide As Ceasefire Hopes Fade It's Day 27 of the war: stocks and bonds fell globally as ceasefire optimism fades given mixed messages on progress toward ending the war in Iran and growing uncertainty over Iran’s willingness to engage in talks about a ceasefire in the Middle East sent oil prices higher. Futures gapped lower just after 5am ET, when Axios reported that the Pentagon is d...
Stocks, Bonds Slide As Ceasefire Hopes Fade It's Day 27 of the war: stocks and bonds fell globally as ceasefire optimism fades given mixed messages on progress toward ending the war in Iran and growing uncertainty over Iran’s willingness to engage in talks about a ceasefire in the Middle East sent oil prices higher. Futures gapped lower just after 5am ET, when Axios reported that the Pentagon is developing military options for a “final blow” in Iran that could include ground troops. Trump urged Iran “to get serious” before it was too late but Tehran is steadfast saying no negotiations are occurring and both side rejecting each other’s deal demands as the fighting continues & more military assets arriving. As of 8:00am ET, S&P 500 futures dropped 0.9%, at session lows, with about 48 hours before a US delay in strikes on Iranian energy infrastructure expires. Nasdaq futures slumped more than 1%.In premarket trading, Mag7 names were down with all sectors lower ex-Energy. Brent resumed its advance, rising 3.8% to above $106 a barrel; Oil is on track for its biggest monthly jump in more than three decades, as the Trump administration examines potential consequences if prices spike to $200 a barrel. The move rekindled inflation fears and pushed yields higher as money markets priced in tighter monetary policy. Two-year Treasury yields rose four basis points to 3.93% as the yield curve bear flattened with yields +4 – 6bp; the 10Y yield was back up to 4.39%, pushing the USD also higher. Gold slipped below $4,450 an ounce. Today’s macro data focus is on initial / continuing claims In premarket trading, Mag 7 stocks are all lower (Alphabet -1%, Amazon -1%, Apple -0.2%, Nvidia -1.2%, Meta -1.3%, Microsoft -0.4%, Tesla -1%) US mining stocks fell and energy stocks rose as attacks in the Middle East continued and US President Donald Trump warned Iran to get serious about discussions “before it is too late.” Memory-chip stocks fall in reaction to a new compression technique propose...
Gambling.com Group ( GAMB ) announced on Thursday that chairman, chief executive officer (CEO), and co-founder Charles Gillespie will be appointed executive chairman of the board and that current chief operating officer and co-founder Kevin McCrystle will succeed Gillespie as chief executive officer of the company. McCrystle, who co-founded Gambling.com Group and has served as chief operating offi...
Gambling.com Group ( GAMB ) announced on Thursday that chairman, chief executive officer (CEO), and co-founder Charles Gillespie will be appointed executive chairman of the board and that current chief operating officer and co-founder Kevin McCrystle will succeed Gillespie as chief executive officer of the company. McCrystle, who co-founded Gambling.com Group and has served as chief operating officer since 2007 and as a director since May 2024, currently serves on the board of directors, and he is based at the company's U.S. headquarters in Charlotte, North Carolina . The appointments will be effective after the company's annual general meeting, which is expected to take place in mid-May 2026. The company said that McCrystle and Gillespie will jointly host the company's 2026 first-quarter results conference call, which is currently expected to take place in mid-May 2026. GAMB +1.31% premarket to $4.0426. Source: Press Release More on Gambling.com UnitedHealth, Hims & Hers, Gambling.Com - Value Investing With Raul Shah Gambling.com Group Limited (GAMB) Q4 2025 Earnings Call Transcript Gambling.com Group: Dirt Cheap Pick-And-Shovel Gambling Growth Play Gambling.com beats top-line and bottom-line estimates; gives FY26 outlook Gambling.com details upside from the Odds Holdings acquisition
A woman shops for prepared food at Eataly March 19, 2026 in the Manhattan borough of New York City. Robert Nickelsberg | Getty Images The Iran war and its impact on the global energy market will keep headline U.S. inflation this year well above the Federal Reserve's projections, possibly necessitating policy action, according to a key global policy group. In its periodic update of economic conditi...
A woman shops for prepared food at Eataly March 19, 2026 in the Manhattan borough of New York City. Robert Nickelsberg | Getty Images The Iran war and its impact on the global energy market will keep headline U.S. inflation this year well above the Federal Reserve's projections, possibly necessitating policy action, according to a key global policy group. In its periodic update of economic conditions, the Organization for Economic Cooperation and Development forecast all-items inflation in the U.S. to be at 4.2% for 2026. The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated when they updated their own forecasts last week. The revision is due to two primary factors: the war in the Middle East , and the ongoing impact from U.S. tariffs that, while lower than prior levels, continue to impact prices around the world. "The breadth and duration of the conflict are very uncertain, but a prolonged period of higher energy prices will add markedly to business costs and raise consumer price inflation, with adverse consequences for growth," the OECD. However, the agency said U.S. inflation is likely to recede sharply in 2027, back to 1.6%, which is actually well below the Fed estimate of 2.2% and less than the central bank's 2% target. Core inflation, which excludes energy as well as food prices, is estimated at 2.8% this year then 2.4% in 2027. In its baseline forecast, the OECD said it sees the Fed keeping its policy rate flat through 2027 "reflecting rising headline inflation in the near-term, core inflation projected to remain above target through 2027, and solid projected GDP growth." The organization, though, cautioned that the Fed and its global counterparts "need to remain vigilant" against inflation threats. "The current supply-induced rise in global energy prices can be looked through provided inflation expectations remain well-anchored, but policy adjustment may be needed if there are sig...
Countdown to tournament begins in earnest with friendly against Uruguay so it’s time to forget other countries are good at football Is it too early to start plotting England’s inevitable route to World Cup glory? If nothing else it’ll stop me refreshing the internet to find out if Tim Sherwood is going to manage Spurs for the next three games before Dave from Chas & Dave comes in for the final Hai...
Countdown to tournament begins in earnest with friendly against Uruguay so it’s time to forget other countries are good at football Is it too early to start plotting England’s inevitable route to World Cup glory? If nothing else it’ll stop me refreshing the internet to find out if Tim Sherwood is going to manage Spurs for the next three games before Dave from Chas & Dave comes in for the final Hail Mary. Perhaps you’re focused on Arsenal coming second in everything, Everton finishing above Liverpool or the wild York/Rochdale title race in the National League. Take a weekend off and start dreaming of Gianni and Trump handing Harry Kane the trophy as the world burns. Continue reading...
MARA ( MARA ) said on Thursday it had agreed to repurchase about $1B of its 0% convertible senior notes due 2030 and 2031. The company has entered into privately negotiated agreements to repurchase about $367.5M of its 0% convertible senior notes due 2030 for $322.9M and about $633.4M of its 0% convertible senior notes due 2031 for ~$589.9M. The 2030 and 2031 note repurchases are expected to close...
MARA ( MARA ) said on Thursday it had agreed to repurchase about $1B of its 0% convertible senior notes due 2030 and 2031. The company has entered into privately negotiated agreements to repurchase about $367.5M of its 0% convertible senior notes due 2030 for $322.9M and about $633.4M of its 0% convertible senior notes due 2031 for ~$589.9M. The 2030 and 2031 note repurchases are expected to close on March 30 and March 31, 2026, respectively. The transactions are expected to generate about $88.1M in cash savings, reflecting a 9% discount to par, and reduce outstanding convertible debt by 30%. Approximately $632.5M of 2030 notes and $291.6M of 2031 notes will remain outstanding. The company had sold 15,133 bitcoin for about $1.1B between March 4 and March 25, 2026. The proceeds from the bitcoin sales will fund the notes repurchase transactions, with the remainder available for general corporate purposes. J. Wood Capital Advisors LLC acted as financial advisor, and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor. More on MARA Holdings MARA Holdings: Still Just A Bitcoin Treasury MARA Holdings Makes A Different Kind Of Partnership MARA Holdings, Inc. (MARA) Q4 2025 Earnings Call Transcript CleanSpark continues to see highest short interest among crypto firms with over $2B market cap MARA outlines 1GW near-term IT capacity target with Starwood JV while expanding AI and digital infrastructure strategy
Delivers 12.3% Sales Growth, Driven by Strong Demand for the Company’s Defense Solutions Delivers 12.3% Sales Growth, Driven by Strong Demand for the Company’s Defense Solutions
Delivers 12.3% Sales Growth, Driven by Strong Demand for the Company’s Defense Solutions Delivers 12.3% Sales Growth, Driven by Strong Demand for the Company’s Defense Solutions
FinkAvenue Salesforce ( CRM ) on Thursday said that the U.S. Department of Labor has modernized its National Contact Center (DOL NCC) with Salesforce and is rolling out Agentforce — a suite of autonomous AI agents that reason and take action — to provide more personalized support that meets citizens where they are. The DOL NCC, which is vital to supporting the welfare of America’s workforce and re...
FinkAvenue Salesforce ( CRM ) on Thursday said that the U.S. Department of Labor has modernized its National Contact Center (DOL NCC) with Salesforce and is rolling out Agentforce — a suite of autonomous AI agents that reason and take action — to provide more personalized support that meets citizens where they are. The DOL NCC, which is vital to supporting the welfare of America’s workforce and retirees, is leveraging Salesforce’s data fabric and cloud technologies as the foundation for the new contact center and deploying Agentforce to provide a digital workforce of autonomous, intelligent AI agents. More on Salesforce Salesforce: Market Is Pricing It At Doomsday Valuations Why Salesforce's 'AI Problem' Is Actually Its Greatest Opportunity Salesforce: AI Is Not The Problem, Architecture Is Insider trades: Salesforce, Broadcom among notable names this week J.P. Morgan outlines CRM options play for uncertain Iran war outcome