Nintendo (NTDOY) stock dropped 8.4% to an 8-month low after announcing Switch 2 price hikes and issuing weak earnings guidance for fiscal year 2027.
AI stocks fuel 80% of S&P 500 gains in 2026. Jefferies says earnings growth, not hype, drives the rally. Samsung hits $1 trillion market cap.
Gold prices dropped 1% Monday after Trump rejected Iran’s peace terms. Oil surged 5% while strong jobs data kept interest rates elevated.
IonQ (IONQ) stock gained 3.27% after SkyWater shareholders approved the merger. The deal could close in Q2 or Q3 2026 pending regulatory clearance.
ON Semiconductor (ON) stock jumped ~90% YTD on AI data center demand and strong Q1 results, but analyst targets suggest limited upside from current levels.
OpenAI employees sold $6.6B in shares before IPO, with 75 hitting the $30M cap. Early staff saw 100x returns in seven years—redefining pre-IPO wealth.
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Cardano (ADA) consolidates near $0.27 as traders watch for a breakout above $0.30. Key support at $0.25 could fuel a rally to $0.45 and beyond.
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TLDR: Capital B issued 23,038,844 ABSA units at €0.66 each, raising €15.2M from global institutional…
Sui (SUI) surged 50% in a week driven by 108M token institutional staking, zero-fee stablecoin plans, and Peter Brandt’s bullish technical call.
Digital Asset Holdings secures $300M at $2B valuation led by a16z crypto, as Canton Network processes $6T in tokenized assets with major institutional backing.
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Finance News
View MoreMicron (MU) and SK Hynix stocks climb as Samsung faces strike deadline. Union demands could disrupt 3% of global memory chip production starting May 21.
Nintendo (NTDOY) stock dropped 8.4% to an 8-month low after announcing Switch 2 price hikes and issuing weak earnings guidance for fiscal year 2027.
AI stocks fuel 80% of S&P 500 gains in 2026. Jefferies says earnings growth, not hype, drives the rally. Samsung hits $1 trillion market cap.
Gold prices dropped 1% Monday after Trump rejected Iran’s peace terms. Oil surged 5% while strong jobs data kept interest rates elevated.
IonQ (IONQ) stock gained 3.27% after SkyWater shareholders approved the merger. The deal could close in Q2 or Q3 2026 pending regulatory clearance.
ON Semiconductor (ON) stock jumped ~90% YTD on AI data center demand and strong Q1 results, but analyst targets suggest limited upside from current levels.
OpenAI employees sold $6.6B in shares before IPO, with 75 hitting the $30M cap. Early staff saw 100x returns in seven years—redefining pre-IPO wealth.
Intel (INTC) stock hit record highs after Apple chip deal news, but BofA keeps Underperform rating, warning upside is fully priced in despite $96 target.
SoFi CEO Anthony Noto purchased $250K in SOFI stock at $15.73 per share, his third buy of 2026, as shares trade down 40% year-to-date despite earnings beat.
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TLDR: Binance’s emerging market user share rose sharply from 49%…
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