News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Stocks
Lenovo Shares Double in May Driven by AI Server Surge—Best Month in 27 Years
Lenovo's stock soared 109% in May, its best month since 1999, driven by record earnings and a surge in AI-related revenue.
Mercation Admin3 min - Stocks
Current Trends as Investor Focus Shifts from Crypto to AI and Semiconductor Stocks
Investor interest is shifting away from cryptocurrencies like Bitcoin and gold towards AI and semiconductor stocks as the market evolves.
Mercation Admin3 min - Stocks
IREN Shares Surge Following $1.6 Billion Dell Agreement to Enhance AI Cloud Services
IREN's stock experienced a 4% increase following a $1.6 billion deal with Dell to enhance its AI cloud services, projecting annual revenue to reach $4.4 billion by 2027.
Mercation Admin3 min - Stocks
SharpLink and Forward Industries to Join Russell Indices
SharpLink Gaming and Forward Industries are set to join the Russell 3000 and Russell 2000 indices, following the recent inclusion of BitMine Immersion Technologies.
Mercation Admin1 min - Stocks
TeraWulf's Stock Soars 13% Following AI Data Center Announcement in Kentucky
TeraWulf's stock surged by 13% after announcing plans for a new 1 gigawatt AI data center in Kentucky, highlighting the growing demand for AI infrastructure.
Mercation Admin2 min - Stocks
Tom Lee believes tech IPO influx won't destabilize the S&P 500
Tom Lee from Fundstrat believes the upcoming tech IPOs will not negatively impact the S&P 500, as he anticipates that the market can absorb the influx of new equity.
Sarah Chen3 min - Stocks
Bank of America Maintains Buy Rating on Nvidia, Raises Target Price
Bank of America maintains a buy rating on Nvidia and raises its price target to $350 after the company reports record quarterly revenue.
Mercation Admin5 min