Category: Stock Market

Dell, HP Shares Plunge After Nvidia Calls PC Acquisition Report False

Posted on by Olumide Adesina

NVIDIA refuted a claim made by SemiAccurate that it was looking to buy a big business that would “reshape the PC landscape.” According to the website, Nvidia has been negotiating a deal for over a year.

Dell Climbs Toward Highs on Strong Demand and Analyst Upgrades

The company invested $70 billion in partners and clients during the fiscal year that concluded in January to advance AI. In the current fiscal year, which concludes in January 2027, Dell anticipates earning roughly $50 billion from the production of AI servers that employ Nvidia chips

Dell shares dropped 3.4% during extended trading following Nvidia’s remarks. The stock earlier closed at a record high of $189.79 in New York after 6.7% surge.

HP’s stock also fell more than 3 percent in extended trading  after rising 5.3 percent during the day to close at $19.23,

The media report is untrue; Nvidia is not in talks to buy any PC manufacturer. Among the leading PC suppliers worldwide are Dell and HP. Based in Palo Alto, California, HP trailed only Lenovo Group Ltd. with 19% of the global market in the first quarter. which, according to Gartner Inc., had a share of nearly 27%. a company that conducts industry research.

According to the company, Round Rock, Texas-based Dell held roughly 17% of the market. The largest manufacturer of chips for artificial intelligence applications is Nvidia.

 

 

MSFT: Microsoft Breaks $380 after it Raises Surface Prices Sharply in Face of Memory Crunch

Posted on by Olumide Adesina

Microsoft became the latest tech manufacturer to pass along costs driven by a historic shortage of memory chips by sharply raising prices across its Surface-branded device lineup. The 12-inch Surface Pro, which debuted for $800 last year and is now priced at $1,050, was hailed as an inexpensive, lightweight computer-tablet hybrid. The stock was up about 4% to settle at $384 per share.

Microsoft AI Stocks to buy now

 

The price of older products has also increased. For example, the 13-inch Surface Pro 11th Edition now costs $1,500, which is several hundred dollars more than its $1,000 launch price in 2024. The price of the most recent 13-point, 8-inch Surface laptop has increased by up to $500.

Surface is updating pricing on Microsoft. com for its current-generation hardware portfolio due to recent increases in memory and component costs,” the company said in a statement. Microsoft stated that although it wants to keep prices stable, it will periodically review and evaluate Surface product prices based on several variables, such as “market conditions and operational costs.

Many of the Surface lineup’s products have been available long enough for interested buyers to purchase them at reduced costs. However, the new prices can also be seen as an updated starting point for the price of Microsoft’s upcoming Surface hardware.

The company is anticipated to release additional Surface devices. Windows Central was the first to report the price adjustments, and in recent days, potential customers have also brought attention to them on social media sites like Reddit. The newest MacBook Air and MacBook Pro from Apple are also more expensive than earlier models

. For Apple’s Mac mini and Mac Studio desktops, the situation is worse: high-memory configurations of both machines are backordered through the summer and beyond. Artificial intelligence enthusiasts who wish to run large language models locally will find these devices appealing.

Forex Signals April 14: BMNR, JPMorgan, JNJ, Wells Fargo, BlackRock Earnings Preview

Posted on by Skerdian Meta

Well-known firms that influence markets, such as JPMorgan Chase & Co., Johnson & Johnson, Wells Fargo, Bitmine Immersion, and BlackRock, Inc., dominate Tuesday’s results schedule. Continue reading “Forex Signals April 14: BMNR, JPMorgan, JNJ, Wells Fargo, BlackRock Earnings Preview” →

TRUMP GOES NUCLEAR ON OIL: Naval Blockade Seals Strait of Hormuz After Talks Collapse

Posted on by Olumide Adesina

President Donald Trump ordered a blockade of the Strait of Hormuz following the collapse of peace talks over the weekend, escalating tensions with Iran and driving up oil prices while stocks and bonds fell.

Crude Oil Rebounds as Traders React to Escalating Regional Tensions

Concerns that a blockade would interfere with energy flows through the vital waterway caused Brent crude to rise 7.4 percent to slightly over $102 per barrel.

Asian shares fell 1%, and the S&P 500 Index futures fell 0.8% as rising oil prices threatened to impede economic growth. Tech firms like MediaTek Inc. in Taiwan demonstrated tenacity, bolstered by strong sales. European stocks were expected to fall 1.5% At the opening.

The dollar has been the preferred haven since the start of the Middle East conflict, and it has strengthened against all of its Group of 10 counterparts. Concerns about rising energy prices driving up inflation caused Treasury bonds to decline and Japan’s 10-year yield to rise to 2.49 percent, the highest since 1997.

Trump’s threats of escalation damaged sentiment following global stocks’ largest weekly gain in over two years and Brent’s steepest week.

The US Central Command announced that it will start enforcing a blockade of all maritime traffic entering and departing Iranian ports on Monday at 10 am New York time in response to Trump’s declaration.

Vessels crossing the Strait of Hormuz to and from non-Iranian ports won’t have their freedom of navigation restricted by US forces. Iran declared that it “won’t allow” the blockade to continue. According to Trump, the US will clear mines in the strait and impose an interdiction on any ship that has paid a toll to Iran for safe passage through Hormuz.

A blockade would stop Iranian oil from flowing through the waterway at a rate of almost two million barrels per day, further restricting global supply and severing a crucial lifeline for the Islamic Republic of Iran.

Bessent, Powell Convene Top Bankers Over Anthropic Breakthrough

Posted on by Olumide Adesina

Wall Street executives were called to an urgent meeting by Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell due to concerns that Anthropic PBC’s latest artificial intelligence model could usher in a period of heightened cyber risk.

Bessent and Powell gathered the group at Treasury’s Washington headquarters on Tuesday to ensure banks are aware of potential future risks posed by Anthropic’s Mythos and similar models, and are taking precautions to defend their systems.

A meeting of the Financial Services Forum, an advocacy group composed of the largest lenders, had already brought many of the executives to the city.

Another indication that regulators view the potential for a new type of cyberattack as one of the greatest threats to the financial sector is the previously unreported meeting, which was called at short notice. Top regulators have designated all of the banks called to the meeting as systemically important, indicating that the global financial system prioritizes their stability

Powell’s attendance at the meeting indicated that the issue was one of systemic risk rather than the Trump administration’s prior conflicts with Anthropic. The Fed has extensive knowledge of banking operations thanks to its network of examiners. In response to a question regarding the Fed on Fox News on Friday, National Economic Council Director Kevin Hassett stated, “We’re taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out.”

Anthropic’s Mythos is a more potent system that, when instructed by a user, can find and exploit vulnerabilities in all major operating systems and web browsers. Anthropic’s own caution is echoed by regulators’ concern about the model’s potential in the hands of hackers. Anthropic only released it to a small number of significant technology and financial companies.

Anthropic AI Scare Triggers Urgent U.S. Government Warning to US Banks

Posted on by Olumide Adesina

Wall Street executives were called to an urgent meeting by Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell due to concerns that Anthropic PBC’s latest artificial intelligence model could usher in a period of heightened cyber risk.

Bessent and Powell gathered the group at Treasury’s Washington headquarters on Tuesday to ensure banks are aware of potential future risks posed by Anthropic’s Mythos and similar models, and are taking precautions to defend their systems.

A meeting of the Financial Services Forum, an advocacy group composed of the largest lenders, had already brought many of the executives to the city.

Another indication that regulators view the potential for a new type of cyberattack as one of the greatest threats to the financial sector is the previously unreported meeting, which was called at short notice. Top regulators have designated all of the banks called to the meeting as systemically important, indicating that the global financial system prioritizes their stability

Powell’s attendance at the meeting indicated that the issue was one of systemic risk rather than the Trump administration’s prior conflicts with Anthropic. The Fed has extensive knowledge of banking operations thanks to its network of examiners. In response to a question regarding the Fed on Fox News on Friday, National Economic Council Director Kevin Hassett stated, “We’re taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out.”

Anthropic’s Mythos is a more potent system that, when instructed by a user, can find and exploit vulnerabilities in all major operating systems and web browsers. Anthropic’s own caution is echoed by regulators’ concern about the model’s potential in the hands of hackers. Anthropic only released it to a small number of significant technology and financial companies.

Muse Spark Debut Sends Meta Stock Surging — Analysts Turn Bullish

Posted on by Olumide Adesina

Meta unveiled its AI model, the first since CEO Mark Zuckerberg started a multibillion-dollar overhaul of the company’s AI division to stay competitive. A new group of costly AI researchers, under the direction of Chief AI Officer Alexandr Wang, Meta Superintelligence Labs, developed the eagerly awaited model known as Muse Spark.

Meta Jumps 8% on Muse Spark Reveal, Faces Key Technical Test

Unlike the company’s prior open-source strategy, the Meta AI chatbot will be powered by Muse Spark, a closed model that means its design and code won’t be made public.  Meta stock rose by  6% in New York following the announcement.

The model is the first significant test for MSL, Zuckerberg’s new AI lab. The founder of Facebook hired Wang as part of a $14 billion investment in Scale AI last year after the company failed to keep up with rivals like OpenAI, Anthropic PBC, and Alphabet Inc. due to a string of setbacks. is Google

Meta has made an effort to maintain its AI division’s agility by granting researchers autonomy and reducing its usual management-heavy organizational structure. According to the executive, who wished to remain anonymous when discussing internal issues, Wang has about 100 direct reports. Although it was early in the company’s implementation, the executive admitted that Muse Spark lacked some capabilities of OpenAI’s ChatGPT, Anthropic’s Claude, or Google’s Gemini.

According to a blog post from Meta, the model is “an early data point on our trajectory,” with multiple larger models under development. Executives view Muse Spark—known internally as Avocado during development—as a revitalization of Meta’s AI strategy, which was previously centered on its open-source Llama models.

The project took nine months to complete. Although Meta still intends to develop open-source models in the future, Wang is an advocate of closed models, and the company is also thinking about offering API access to Muse Spark.

S&P 500 Snaps Out Longest Winning Streak Since October as Equities Rally for 7th Day

Posted on by Olumide Adesina

The S&P 500 recorded its longest winning streak since October as stocks continued to rise for a seventh day in a row. This is despite a decline in software shares. In anticipation of a de-escalation in the strikes that have kept the Strait of Hormuz mostly blocked, US crude settled close to $98.

President Donald Trump stated that he was “very optimistic” about a deal with Iran despite unresolved issues like Israel’s offensive in Lebanon and the opening of Hormuz.

AI stocks are under intense selling pressure right now.

Benjamin Netanyahu, the prime minister of Israel, consented to direct negotiations with Lebanon to disarm Hezbollah, which is affiliated with Tehran. Trump has requested a reduction in the number of strikes to guarantee the success of talks with Iran.

According to Bradford Smith of Janus Henderson Investors, “not much matters for the market other than the durability of the ceasefire, shipping volume through the Strait of Hormuz, and ultimately, whether a bona fide permanent deal is struck.

All of this is taking place at a time when data indicated that the US economy grew more slowly than anticipated in the last few months of 2025. In February, consumer spending barely increased despite ongoing inflation that is expected to pick up speed as a result of the conflict. According to Jeff Roach of LPL Financial, “inflation pressures were particularly acute in health care and financial services even before the war.”

“Material progress is still a long way off. According to Bret Kenwell of eToro, “the consumer price index on Friday will capture some of that impact, but the latest figures don’t reflect the recent surge in energy prices.” The CPI is expected to rise by 0.9 percent, the biggest one-month increase since 2022, according to economists. Recurring applications for

US unemployment benefits dropped to the lowest level in nearly two years, according to a separate report released on Thursday, adding to the evidence of labor market stabilization.