Micron surged 15.5% in its biggest week since 2008 as AI memory demand booms. Here is what it means for CHIPS Act financing, corporate bonds, and the Cerebras and Quantinuum IPO pipeline.
Intel jumped 14% on record volume Friday after the WSJ reported Apple and Intel reached a preliminary agreement for Intel to manufacture Apple chips — a potential turning point for Intel’s foundry ambitions.
Innodata surged 86%, Rocket Lab 34%, and the chip sector swept double-digit gains — while Cloudflare and HubSpot each fell nearly 20%. Q1 2026 earnings season became a high-stakes AI report card.
Cloudflare fell 23% Friday after announcing 1,100 AI-driven job cuts, despite beating Q1 estimates and raising full-year revenue guidance to $2.81B.
Xometry’s Q1 2026 revenue of $205M beat estimates by 9% as a landmark Siemens Xcelerator partnership and raised guidance sent shares up 39% in a single session.
GameStop’s $10.9B company is targeting eBay at $56B. We break down the deal math — and why Wall Street is deeply skeptical about the financing.
Datadog hit $1 billion in quarterly revenue for the first time in Q1 2026, up 32% YoY. Shares surged 31% as the company raised its full-year 2026 outlook.
Apollo Global Management crossed the $1 trillion assets-under-management milestone in Q1 2026, posting record fee earnings while private credit reshapes corporate finance.
AAON posted record Q1 2026 revenue of $497M, up 54% YoY, as its BASX data center cooling division rides the AI infrastructure wave. Stock surged 38% on record backlog and raised guidance.
Norges Bank raised its benchmark rate to 4.25% on May 6, 2026 — the only major European central bank to hike this year — as Norway’s CPI stayed at 3.6%, well above target.