Author: Fiona Craig
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RealTek sees mixed demand trends as second-half visibility remains limited (RLTQY)
Morgan Stanley flags uncertainty beyond the first half Morgan Stanley analysts believe RealTek Semiconductor (USOTC:RLTQY) faces a less predictable operating environment in the second half of 2026, despite solid demand trends across several end markets. Following discussions at the Asia AI Summit, the brokerage said visibility for the remainder of the year remains limited, with…
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SentinelOne tumbles after revenue falls short and restructuring plan unveiled (S)
Shares slide despite earnings beat SentinelOne (NYSE:S) came under heavy pressure in pre-market trading on Friday, with the cybersecurity group’s shares dropping nearly 20%, adding to a 16.8% decline recorded in after-hours trading. Investors reacted negatively after the company reported first-quarter fiscal 2027 revenue slightly below expectations and announced a workforce reduction affecting around 8%…
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Wall Street poised for a firmer open as hopes for a U.S.-Iran agreement support sentiment: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures traded modestly higher ahead of Friday’s opening bell, indicating that Wall Street could extend the gains recorded in the previous session as investors continued to monitor developments surrounding a potential agreement between the United States and Iran. Improving confidence that diplomatic efforts may lead to a lasting de-escalation in the Middle East…
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SpaceX reportedly trims IPO valuation goal to $1.8 trillion ahead of landmark market debut
Elon Musk’s SpaceX (NASDAQ:SPCX) is reportedly targeting a valuation of at least $1.8 trillion for its forthcoming initial public offering, according to a Bloomberg News report citing people familiar with the matter. While lower than earlier internal expectations, the figure would still place the company on course for what could become the largest IPO ever…
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Blue Origin suffers launchpad explosion as New Glenn setback highlights challenge of catching SpaceX
Blue Origin’s ambitions to compete more directly with Elon Musk’s SpaceX (NASDAQ:SPCX) suffered a significant blow on Thursday after an uncrewed New Glenn rocket exploded during testing at a Florida launch facility. The incident occurred as the company was preparing the vehicle for its fourth mission and represents another hurdle for Jeff Bezos’ space venture…
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Anthropic reaches $965 billion valuation after fresh funding round, overtaking OpenAI
Anthropic announced on Thursday that it had secured $65 billion in new funding, lifting its post-money valuation to $965 billion as the artificial intelligence company accelerates investment in computing infrastructure, product development and the expansion of its Claude AI platform. The latest fundraising cements Anthropic’s position among the most valuable private technology companies in the…
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Dell raises outlook on surging AI infrastructure demand, sending shares sharply higher (DELL)
Dell (NYSE:DELL) increased its full-year revenue and earnings guidance on Thursday, highlighting robust demand for its artificial intelligence-focused server portfolio as businesses accelerate investments in data center infrastructure powered by advanced Nvidia technology. The upbeat forecast triggered a strong market reaction, with Dell shares jumping around 39% in extended trading as investors welcomed evidence that…
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Virgin Galactic surges as flight-testing restart and SpaceX IPO excitement fuel rally (SPCE)
Virgin Galactic Holdings Inc (NYSE:SPCE) continued its remarkable advance on Thursday, 28 May, with shares climbing 19.53% during regular trading before adding a further 14% in after-hours activity. The move positions the stock for a sixth consecutive day of gains and extends its cumulative rise to more than 83% over the past five trading sessions.…
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Oil prices stabilize as investors monitor prospects for a U.S.-Iran ceasefire agreement
Oil prices were little changed on Friday, although both major crude benchmarks remained on course for their sharpest weekly declines since early April amid growing expectations that diplomatic progress between the United States and Iran could ease supply concerns. By 0810 GMT, Brent crude futures for July delivery were down 34 cents, or 0.3%, at…
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Gold edges higher as markets assess Iran ceasefire developments and inflation pressures
Gold prices moved modestly higher during Asian trading on Friday as investors evaluated reports suggesting progress toward an extension of the ceasefire between the United States and Iran, while lingering concerns over inflation continued to influence sentiment across commodity markets. Spot gold gained 0.4% to $4,514.27 per ounce by 02:40 ET (06:40 GMT), while U.S.…