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Sandisk Hits Record Revenue on AI Surge and Massive Data Center Growth

On May 24, Sandisk reported Q3 revenue of $5.95 billion, exceeding previous guidance. Data center revenue surged 233% quarter-over-quarter to $1.467 billion. The company also secured $42 billion in contractual obligations, covering over one-third of the FY27 bit volume.

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SNDK

Resolved·2 months ago

Stocks

Meta to Build $200 Billion AI Data Center in Louisiana Powered by Natural Gas

On May 23, Meta announced the construction of one of the world's largest AI data centers in Louisiana, valued at $200 billion. The project will require a total of 7.5 gigawatts of power, with 5 gigawatts allocated for computing, powered by 10 new natural gas plants.

1 articles1 stories

BrasilAgro Reports Q3 Operational Loss as Global Crop Prices Slump

BrasilAgro reported an operational loss in Q3 of fiscal year 2026, with a negative adjusted EBITDA of R$30 million. Revenues fell by 26% year-over-year driven by lower crop prices and sales volumes.

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LND

Resolved·2 months ago

Stocks

Superdrug Owner AS Watson Targets $30bn Dual Listing in London and Hong Kong

AS Watson, the owner of Superdrug, plans to publicly trade shares in both Hong Kong and London before the end of 2026. The company aims to raise $30 billion through this dual listing.

2 articles2 stories

0001.HK

Resolved·2 months ago

Stocks

Water Ways Subsidiary Heartnut Grove Files for Bankruptcy Amid Restructuring

On May 22, Heartnut Grove WWT, a wholly-owned subsidiary of Water Ways, filed a voluntary assignment in bankruptcy in Canada. This decision comes amid the company's restructuring efforts.

3 articles1 stories

WWT

Resolved·2 months ago

Stocks

Wix.com Faces Legal Probe After 27% Stock Crash Wipes Out $1.1 Billion

Wix.com is facing a legal probe after its shares plummeted 27% in a single day, wiping out over $1.1 billion of its market capitalization. On the same day, the company reported a massive 46% year-over-year increase in operating expenses for Q1 2026. The $20.56 price drop has significant repercussions for the company.

3 articles3 stories

WIX

Resolved·2 months ago

Stocks

Deckers Outdoor Hits $5.47B Revenue Record on Strong HOKA and UGG Demand

Deckers Outdoor Corp reported record-breaking financial results for fiscal year 2026, with total revenue reaching $5.47 billion, the highest in the company's history. The strong performance was driven by robust consumer demand for its flagship brands, HOKA and UGG. Diluted earnings per share came in at $7.02, reflecting solid profitability alongside the revenue milestone. These results underscore Deckers' growing strength in the global footwear and lifestyle market.

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DECK

Resolved·2 months ago

Stocks

US Approves $2.9B Loan for Stibnite Gold-Antimony Mining Project

On May 22, Perpetua Resources received approval for a $2.9 billion senior secured project loan from the Export-Import Bank of the United States for the Stibnite project. The loan aims to support rebuilding a secure domestic antimony supply chain in the United States under the 'Make More in America Initiative'. On the same day, NevGold is accelerating its maiden Mineral Resource Estimate at the Limo Butte Project in Nevada to address the antimony supply deficit.

2 articles2 stories

Resolved·2 months ago

Geopolitics

US Pauses $14B Taiwan Arms Deal to Prioritize Munitions for Iran Conflict

On May 22, the US Pentagon announced a temporary pause on a $14 billion arms package for Taiwan. Acting Navy Secretary Hung Cao cited the need to ensure missile and interceptor stockpiles for the war with Iran as the reason for the pause. Reports suggest that Beijing is pressuring the Trump administration by withholding approval for Pentagon visits until the arms deal is decided.

0 articles0 stories

Resolved·2 months ago

Stocks

Cadence Design Systems Hits Record High on Earnings Beat and Raised 2026 Guidance

Cadence Design Systems reached a record high stock price of $376.83 on May 22 after its earnings surpassed estimates. The company also raised its financial guidance for Q2 2026 and the full fiscal year 2026. Institutional ownership stands at 84.85% with a 'Moderate Buy' analyst consensus.

0 articles0 stories

CDNS

Resolved·2 months ago

Stocks

CSRC Issues Administrative Penalty Notice to Futu Holdings Over China Operations

On May 22, Futu Holdings received an investigation notice and an administrative penalty pre-notification letter from the China Securities Regulatory Commission (CSRC). This comes as part of investigations concerning the company's operations in China.

3 articles3 stories

FUTU

Resolved·2 months ago

Stocks

US States Seek Court Order to Break Up Live Nation and Ticketmaster

On May 22, a coalition of over 30 state attorneys general requested a court order to break up Live Nation and Ticketmaster following a jury finding of an illegal monopoly. This move is part of efforts to enhance competition in the ticketing market and protect consumer rights.

2 articles2 stories

LYV

Resolved·2 months ago

Stocks

HPE Stock Hits All-Time High Driven by AI Workload Demand

HPE stock hit an all-time high of $34.82, marking a 98% increase over the past year. The company sold a 13.8% stake in H3C Technologies for $986.8 million, contributing to the demand driven by AI workloads. Analysts noted that the stock might be overvalued, alongside increased activist investor engagement.

0 articles0 stories

HPE

Resolved·2 months ago

Crypto

SpaceX Discloses $1.4 Billion Bitcoin Holding in Treasury Boost

SpaceX disclosed its holding of Bitcoin valued at $1.4 billion, generating significant interest in the cryptocurrency market. Simultaneously, the market experienced sharp fluctuations due to geopolitical tensions, with Bitcoin's value dropping below $75,000. However, following Trump's announcement of a peace agreement with Iran, Bitcoin's value rebounded, highlighting the impact of political events on the cryptocurrency market.

86 articles30 stories

Resolved·2 months ago

Commodities

US Gas Prices Hit 4-Year Highs Amid Rising Iran Conflict

U.S. gas prices have surged to four-year highs amid rising tensions with Iran. Analysts warn that prices could reach $5 per gallon if the Strait of Hormuz remains closed. Following some progress in negotiations, oil prices fell, but U.S. military strikes on Iranian sites reignited fears about regional stability and oil prices. Meanwhile, reports indicate that U.S. commercial inventories have dropped to their lowest levels since 2004, raising concerns about potential price hikes in the future.

0 articles0 stories

Resolved·2 months ago

M&A

FedEx-Led Consortium Launches $9 Billion Buyout Bid for Poland's InPost

On May 22, a consortium led by FedEx proposed a €7.8 billion all-cash acquisition of the Polish firm InPost. This bid is seen as a strategic move by FedEx to enhance its presence in the European market.

4 articles3 stories

FDX

Resolved·2 months ago

Central Banks

Kevin Warsh Takes Helm at Federal Reserve Amid Historic Market Volatility Risks

Kevin Warsh officially began his tenure as Chair of the Federal Reserve on May 22 amid historic market volatility. Warsh emphasized the importance of institutional independence and the need to achieve price stability while maintaining economic growth. At the same time, consumer confidence hit record lows, raising concerns about housing security among the younger population. Additionally, inflation expectations rose to 3.9%, putting further pressure on monetary policy.

10 articles5 stories

Resolved·2 months ago

Stocks

Masdar and Sungrow Ink Major 7.5GWh Energy Storage Deal in Abu Dhabi

On May 22, Masdar and Sungrow signed an agreement for a 7.5GWh energy storage system for Abu Dhabi's RTC project. This agreement marks a significant step towards enhancing the renewable energy infrastructure in the region.

1 articles1 stories

Resolved·2 months ago

Stocks

Lenovo Hits Record $21.6B Q4 Revenue as Adjusted Net Income Doubles

Lenovo Group achieved a record Q4 revenue of $21.6 billion, up 27% year-on-year. The company's adjusted net income doubled to $559 million, driven by an 84% increase in AI-related revenue. Earnings per share (EPS) also exceeded estimates, reaching $0.86.

3 articles1 stories

0992.HK

Resolved·2 months ago

Stocks

U.S. Commerce Dept Pledges $200M to Quantum Computing Firms via CHIPS Act

On May 21, Infleqtion signed a Letter of Intent with the U.S. Department of Commerce for $100 million in proposed funding. On the same day, D-Wave Quantum announced a Letter of Intent for $100 million in funding under the U.S. CHIPS and Science Act. On May 22, the U.S. Commerce Department awarded $2 billion to several quantum computing firms, including nine quantum firms, among them IBM.

2 articles1 stories

INFQQBTS

Resolved·2 months ago

Stocks

Take-Two Reaffirms GTA VI Launch Date as Quarterly Revenue Rises 6%

Take-Two confirmed that the launch date for 'GTA VI' is still set for November 19. The company's revenue rose by 6% in the latest quarter, with annual revenue expectations reaching $8.1 billion. However, Take-Two's shares fell by over 4%, while Wedbush analysts pointed to the strength of the company's portfolio and reaffirmed confidence in its outlook. The company expects to increase marketing expenses ahead of the 'GTA VI' release and plans to release 29 new titles through fiscal 2029.

0 articles0 stories

TTWO

Resolved·2 months ago

Stocks

Moderna and Merck Cancer Combo Shows Strong 5-Year Trial Results

On May 21, mid-stage trial data revealed that the combination therapy between Moderna and Merck reduced the risk of cancer spreading by 59% after five years of follow-up. These strong results offer new hope in cancer treatment.

4 articles2 stories

MRKMRNA

Resolved·2 months ago

Stocks

BioMarin Stock Surges on Positive Phase 3 Results for Dwarfism Treatment

On May 21, BioMarin Pharmaceuticals announced positive results from its Phase 3 CANOPY-HCH-3 study for the dwarfism treatment VOXZOGO. These results led to a significant surge in the company's stock price, reflecting investor optimism about the potential effectiveness of the treatment.

0 articles0 stories

BMRN

Resolved·2 months ago

Stocks

Charles Schwab PT Raised to $105 on Strong Earnings and Crypto Expansion

Piper Sandler raised its price target for Charles Schwab to $105, citing potential revenue upside from net interest margin improvement. The company reported a net income of $2.48 billion and record revenue of $6.48 billion for Q1 2026. Schwab also announced a phased rollout of spot crypto trading for Bitcoin and Ethereum to retail clients. On May 22, the company issued $2.25 billion in senior notes to strengthen its balance sheet, bringing its total debt to approximately $59.5 billion.

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SCHW