Micron Technology's stock has risen by almost 9x over the past twelve months, taking its market capitalization above $800 billion - one of the largest single-year gains in the company's four-decade trading history. The rally is driven by surging demand and a shortage of high-bandwidth memory, the specialized chips that sit alongside AI accelerators in data centers. Micron has pre-sold its entire H...
Micron Technology's stock has risen by almost 9x over the past twelve months, taking its market capitalization above $800 billion - one of the largest single-year gains in the company's four-decade trading history. The rally is driven by surging demand and a shortage of high-bandwidth memory, the specialized chips that sit alongside AI accelerators in data centers. Micron has pre-sold its entire HBM production through 2026 under binding contracts. Hyperscalers, including Microsoft (MSFT), Alphab
Instructure, the company behind the Canvas learning management platform, says it has " reached an agreement " with hackers that breached its systems last week to prevent stolen data from being leaked online. The ShinyHunters hacking group claimed responsibility for the attack before Canvas was briefly taken offline . The group threatened to publish 3.5 terabytes of student data if ransom demands f...
Instructure, the company behind the Canvas learning management platform, says it has " reached an agreement " with hackers that breached its systems last week to prevent stolen data from being leaked online. The ShinyHunters hacking group claimed responsibility for the attack before Canvas was briefly taken offline . The group threatened to publish 3.5 terabytes of student data if ransom demands for a "settlement" weren't met. Now, Instructure says the stolen data has been returned as part of its unspecified "agreement" with the hackers, alongside a promise that "no Instructure customers will be extorted as a result of this incident." "We un … Read the full story at The Verge.
quantic69/iStock via Getty Images The Defiance Quantum ETF ( QTUM ) tracks the BlueStar Quantum Computing and Machine Learning Index across roughly 86 holdings using a modified equal-weight methodology, capping individual positions near 2% and charging a 0.40% expense ratio. Its subsector breakdown spans quantum computing technology, machine learning services, big data, AI chips, and GPU hardware....
quantic69/iStock via Getty Images The Defiance Quantum ETF ( QTUM ) tracks the BlueStar Quantum Computing and Machine Learning Index across roughly 86 holdings using a modified equal-weight methodology, capping individual positions near 2% and charging a 0.40% expense ratio. Its subsector breakdown spans quantum computing technology, machine learning services, big data, AI chips, and GPU hardware. Data by YCharts The reason why this is relevant now is because quantum computing is beginning to appear as the next frontier of technology advancement, just how AI was the next frontier after mobile. The reason why 2026 is unique compared to previous years is its practical application, and World Quantum Day has showcased that the industry is not short of breakthroughs. Quantum computing is no longer just an area of research but is already being implemented in drug development, finance, logistics, and cybersecurity. The Fund Regarding the fund, the expense ratio is 40 basis points, and it earns a Seeking Alpha B- expense grade. Liquidity is great compared to the median fund, with an average daily dollar volume on a 3-month basis around $42 million and an AUM of $4.36 billion, ranking it a Seeking Alpha A- grade. The dividend grade is above average, scoring a Seeking Alpha B+ grade, mainly because of the high growth rate in the last couple of years, while the dividend yield is subpar, only around 0.87%. Seeking Alpha Moving on to the holdings look-through, the fund is invested in equity, while sector-wise, technology and industrials, with around 82% and 10%, form the bulk of the fund. Seeking Alpha Going deeper, as of the end of March, the subsector allocation is allocated toward machine learning services, AI and application chips, big data and cloud computing, and quantum computing technology. Defiance ETFs, QTUM Fact Sheet The fund has significantly outperformed the median fund on every time scale with strong short-term and long-term performance and is being awarded an A+ ...
Stocks Fall, Oil And Rates Rise As Inflation "Roars Back" US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0...
Stocks Fall, Oil And Rates Rise As Inflation "Roars Back" US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early US hours. In premarket trading, all Mag 7 stocks were lower. Treasury two-year yields hovered near the highest since March. Tech’s underperformance followers a weaker APAC session with KOSPI’s biggest loss since early April after the govt hintedf at a potential tax on AI profits dubbed a ‘Citizen Dividend’; the index finished off its lows pointing to the dip buying potential of Semis as the market takes advantage of any price discount. US crude rose to around $101. Gold weaker and sitting just below $4,700/oz. Economic data slate includes weekly ADP employment change (8:15am), April CPI (8:30am) and federal budget balance (2pm). Fed speaker slate includes Chicago Fed’s Goolsbee (9:10am, 1pm), and NY Fed releases quarterly report on household debt and credit at 11am In premarket trading, Mag 7 names are all lower (Tesla -1.5%, Alphabet -0.9%, Amazon -0.8%, Nvidia -0.8%, Microsoft -0.6%, Meta -0.5%, Apple -0.4%) AST SpaceMobile (ASTS) falls 11% after the satellite internet company reported revenue for the first quarter that missed the average analyst estimate. The firm also had a wider loss than forecast. GameStop (GME) slips 3% after eBay Inc. rejected a $56 billion takeover offer from the company. GitLab (GTLB) is down 11% after the software company announced plans to cut jobs and make operational changes. Raymond James says efforts to retool the business while cutting staff may be challenging, while RBC says guidance for in-line 1Q results suggests no upside versus prior beats. Harmonic (HLIT)...
Earnings Call Insights: AIxCrypto Holdings, Inc. (AIXC) Q1 2026 Management view Co-CEO Jiawei Wang framed Q1 as the first execution quarter of the company’s Web3 and AI infrastructure pivot, saying, “The first quarter of 2026 is our first reporting period executing against those priorities.” On the Faraday Future data initiative, Co-CEO Wang said, “On March 25, 2026, we formally kicked off the EAI...
Earnings Call Insights: AIxCrypto Holdings, Inc. (AIXC) Q1 2026 Management view Co-CEO Jiawei Wang framed Q1 as the first execution quarter of the company’s Web3 and AI infrastructure pivot, saying, “The first quarter of 2026 is our first reporting period executing against those priorities.” On the Faraday Future data initiative, Co-CEO Wang said, “On March 25, 2026, we formally kicked off the EAI data collaboration project with Faraday Future,” adding that the teams “initiated drafting of the FFAI-AIXC Data Collaboration Contract and defined the data rights boundaries and commercialization road map.” Co-CEO Wang described a dual-track structure for the data business: “The collaboration is structured as a dual track platform, a B2B enterprise data platform for institution buyers and B2C decentralized crowdsourced data collaboration platform.” He also outlined a consumer extension tied to “on-chain agents available to end users,” noting, “Specific product form, pricing and launch cadence will be disclosed separately when finalized.” On Agentir, Co-CEO Wang said, “During Q1, we completed initial development of the platforms for core game models and finalized a commercial model,” and added, “By early May, the platform reached an internal review milestone, and we’re preparing for a phased public launch.” On RWA tokenization, Co-CEO Wang said, “The proof-of-concept asset is the Faraday Future Class A common stock,” and that the company “completed the structural and regulatory review necessary to align our RWA initiative with the commission’s latest interpretations on digital securities.” CFO Koti Meka stated, “AIxCrypto generated no revenue in the first quarter of 2026, consistent with our status as a pre-revenue company,” and cautioned, “As disclosed in Note 2, our recurring losses and accumulated deficit raise substantial doubt about our ability to continue as a growing concern.” Outlook Management reiterated its near-term conversion goal: Co-CEO Jiawei Wang said, “Our...
Nadja Wohlleben/Getty Images News Ukraine's President Volodymyr Zelenskyy said he met Palantir Technologies' ( PLTR ) CEO Alex Karp, as Kyiv boosts efforts to use AI to gain an edge in the war with Russia. Zelenskyy said the two discussed areas of technological development in the context of combat operations and civilian needs. "A good meeting with the CEO of Palantir Technologies, Alex Karp. Ste...
Nadja Wohlleben/Getty Images News Ukraine's President Volodymyr Zelenskyy said he met Palantir Technologies' ( PLTR ) CEO Alex Karp, as Kyiv boosts efforts to use AI to gain an edge in the war with Russia. Zelenskyy said the two discussed areas of technological development in the context of combat operations and civilian needs. "A good meeting with the CEO of Palantir Technologies, Alex Karp. Step by step, we are developing cooperation with the American defense sector. Palantir is a renowned global company with strong potential, and there certainly are areas where we can be useful to one another, strengthening the defense of Ukraine, America, and our partners. We discussed areas of technological development – both in the context of combat operations and civilian needs. We agreed that our teams will stay in touch," said Zelenskyy in a post on X on Tuesday. Palantir said in a post on X that "the deployment of Palantir’s software on the battlefield in Ukraine has helped defend the brave people of Ukraine against Russia’s aggression since 2022 — and it will define how the entire West fights and wins for decades." The company added that "we are proud to be part of it and to strengthen our partnership with Ukraine." Ukraine had launched a project with Palantir called Brave1 Dataroom a few months ago to help intercept Russian drones. About three months ago, Ukraine's Defense Minister Mykhailo Fedorov said in a post on LinkedIn that the primary goal of Brave1 Dataroom is to equip interceptor drones with AI. On Tuesday Fedorov said in a post on LinkedIn that the results of the cooperation were the following: built a detailed air attack analysis system; deployed AI solutions for processing large volumes of intelligence data; and integrated technologies into deep strike operations planning. "A separate direction is the BRAVE1 Dataroom, created jointly with Palantir. This platform gives developers access to real battlefield data for training AI models. More than 100 companies...
Douglas Rissing Fed funds futures shifted more hawkish Tuesday following hotter CPI data, reigniting concerns that inflation pressure may be heading in the wrong direction. Gasoline prices helped drive the largest annual inflation increase since May 2023, as the war in the Middle East sent energy prices soaring. The repricing was evident across rate expectations. CME FedWatch probabilities showed ...
Douglas Rissing Fed funds futures shifted more hawkish Tuesday following hotter CPI data, reigniting concerns that inflation pressure may be heading in the wrong direction. Gasoline prices helped drive the largest annual inflation increase since May 2023, as the war in the Middle East sent energy prices soaring. The repricing was evident across rate expectations. CME FedWatch probabilities showed traders assigning more than a 28% chance of a December 2026 Fed rate hike, up from roughly 21% a day earlier and just 2% a month ago. The shift becomes even more pronounced further out the curve. By April 2027, futures implied about a 75% chance that the fed funds target range would be 3.75% to 4.00%—above the current 3.50% to 3.75% range. CME FedWatch probabilities are derived from 30-day fed funds futures pricing. The data complicate the Federal Reserve’s policy path as officials weigh persistent price pressures against economic growth concerns. April's headline CPI , which includes the volatile food and energy categories, grew 3.8% Y/Y, in line with the consensus and accelerating from the 3.3% rise in March. The print indicates that inflation is continuing to move in the wrong direction from the Fed's 2.0% goal, raising the question whether the central bank will cut rates at all this year. U.S. Treasury yields ( US2Y ) ( US10Y ) ( US30Y ) rose across the curve at press time, with the 30-year tenor rising back above 5% and the 10-year hovering around 4.45%, each up around three basis points. The 2-year yield rose four bps to 4%. CME Group More on the U.S. Economy Upside Chasing In Tech Stocks Surges To Covid Extremes U.S. Bonds Hit 5%: Mayday Wall Street Lunch: Global Borrowing Costs Surge On Rising Oil, Renewed Inflation Concerns Tuesday’s Economic Calendar Will Trump tariff setback widen the U.S. fiscal deficit?
Photo: IC PHOTO * Mainstream AI models’ limits are increasingly clear. * China is taking its own rigorous path. * China is building an ecosystem for the post-language-model era. For the past two years, large language models have been heralded as the undisputed ticket to artificial general intelligence. As companies race to build ever-larger data centers, the brute-force era of artificial intellige...
Photo: IC PHOTO * Mainstream AI models’ limits are increasingly clear. * China is taking its own rigorous path. * China is building an ecosystem for the post-language-model era. For the past two years, large language models have been heralded as the undisputed ticket to artificial general intelligence. As companies race to build ever-larger data centers, the brute-force era of artificial intelligence is hitting a wall. Behind the scenes, the top echelons of academia and industry are quietly abandoning the scaling laws of the past in favor of a new paradigm — one that could define China’s second growth curve in the global AI race.
In this article .SPX @LCO.1 US10Y Follow your favorite stocks CREATE FREE ACCOUNT High gas prices are displayed at a Chevron gas station on May 11, 2026 in Pasadena, California. Mario Tama | Getty Images As President Donald Trump prepares to head to China for crucial negotiations with the leader of the No. 2 global power, it is becoming clear that the political and economic damage unleashed by the...
In this article .SPX @LCO.1 US10Y Follow your favorite stocks CREATE FREE ACCOUNT High gas prices are displayed at a Chevron gas station on May 11, 2026 in Pasadena, California. Mario Tama | Getty Images As President Donald Trump prepares to head to China for crucial negotiations with the leader of the No. 2 global power, it is becoming clear that the political and economic damage unleashed by the Iran war can't be easily left behind. Even if a deal to get oil tankers moving again were reached tomorrow — and there is little sign of that — Americans are facing the prospect of months or more of new inflation worries. The question now isn't whether Trump secure his war aims with dignity. It is whether his presidency can ever recover from the war's body blow. Trump is banking little political goodwill from the stock market that keeps grinding to new records. The S&P 500 has risen 7.3% since Feb. 27, just before the U.S. and Israel attacked Iran. Meanwhile Trump's net approval rating has fallen to the lowest of his two terms, according to CNBC's All-America Economic Survey . Read more CNBC politics coverage Boeing, Citigroup CEOs set to join Trump on China visit next week Marco Rubio heads to the Vatican as 2028 presidential buzz ramps up Epstein files: Commerce Sec. Howard Lutnick questioned by House Oversight panel Stocks are rising on faith in artificial intelligence and traders' well-earned sense that Trump will find a way to get out from under major economic risks. But the market is fragile and could fall apart if the disruption continues, analysts with JPMorgan wrote in a note sent to clients Monday. "A temporary shock, even a large one, can be absorbed. A prolonged disruption cannot," the analysts wrote. The analysts conclude that because the mounting damage is so severe, Iran or the U.S. will back off by June. That is a reasonable bet for a Wall Street firm to make, given Trump's prominent decisions to back off on threats over tariffs and Greenland , for instance...
Hong Kong police have arrested two women on suspicion of animal cruelty after a sick three-month-old Golden Retriever was found dumped in a rubbish bin in Mong Kok, covered in sewage, and later euthanised. Inspector Yip Ho-lam said on Tuesday that police opened an investigation Saturday morning after a street cleaner discovered the puppy inside a bin in the alley behind 104 Hak Po Street. Officers...
Hong Kong police have arrested two women on suspicion of animal cruelty after a sick three-month-old Golden Retriever was found dumped in a rubbish bin in Mong Kok, covered in sewage, and later euthanised. Inspector Yip Ho-lam said on Tuesday that police opened an investigation Saturday morning after a street cleaner discovered the puppy inside a bin in the alley behind 104 Hak Po Street. Officers from the animal crime investigation team later took over the case. “The puppy was immediately...