Sandisk's market cap jumps to $265 billion Sandisk's market value has increased significantly, from $7.3 billion to $265 billion, due to a surge in demand for memory. The company's earnings per share were $23.41 in the first quarter, exceeding expectations of $14.6
DBS Research projects India’s real GDP growth will moderate in Q1 and Q2 2026 due to weaker industrial activity and trade. India’s real GDP growth is expected to ease to 6.9% year-on-year in the first half of 2026, down from 7.8% in the October-December 2025 quarter. The s
The sale by board member Kristina M. Johnson reduces her direct holdings to zero while retaining indirect ownership. Infleqtion (NYSE:INFQ) director Kristina M. Johnson sold 50,000 shares for approximately $854,000 on May 28, 2026, according to an SEC Form 4 filing. The tr
Stronger-than-expected US private payrolls and services PMI data lift USD demand, pushing EUR/USD to 1.1607. EUR/USD extended its decline to 1.1607 on Wednesday, pressured by robust US economic data that bolstered expectations for a hawkish Federal Reserve. The US Dollar I
The SPDR S&P Semiconductor ETF turned a $10,000 investment into $27,000 amid the AI-driven chip rally. The SPDR S&P Semiconductor ETF (XSD) closed at $613.05 on May 29, 2026, up 171% from $226.42 a year earlier. A $10,000 investment in May 2025 would now be worth approxima
Morningstar research cuts SpaceX’s worth by 55% citing AI unit losses and high capital spending. A Wall Street analyst estimates SpaceX’s valuation at $780 billion, 55% below the projected $1.75 trillion IPO range. The assessment follows the company’s recent financial disc
Prediction markets assign high probability to bitcoin dropping to new lows next year after recent declines. Bitcoin extended losses Tuesday, trading near $66,500 after falling to its lowest level since early April. The drop followed sales by a crypto treasury firm, intensi
The Google parent upsized its offering to fund AI infrastructure, reflecting heightened competition among tech giants in artificial intelligence. Alphabet increased its equity offering to $84.75 billion, up from an initial $80 billion, citing strong investor demand. The co
The CFTC-approved BTCPERP contract tracks Bitcoin spot prices, expanding regulated crypto derivatives offerings. Prediction market platform Kalshi has introduced Bitcoin perpetual contracts, following regulatory approval from the Commodity Futures Trading Commission. The B
The automation software firm exceeded revenue guidance and reported a 109% dollar-based net retention rate for the quarter. UiPath reported fiscal first-quarter revenue of $418.4 million, a 17% year-over-year increase, surpassing its guidance range of $395 million to $400