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SK Hynix jumps 12% as Big Tech doubles down on AI memory

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A $725bn hyperscaler capex ramp and a 20% HBM price rise have made the South Korean chipmaker the second-most valuable company on the KOSPI. The harder question is when supply catches demand. There is a small joke in semiconductor circles about which part of an AI server is most expensive. The graphics processor used to […]

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Anthropic and Wall Street are building a $1.5bn pipeline into private equity

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A joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and General Atlantic will sell Claude into the buyout firms’ portfolio companies. OpenAI’s DeployCo arrived first; this one is bigger. There is a kind of business school question that has been quietly answered over the past month, without anyone formally asking it. The question is: […]

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Spirit Airlines shuts down after Trump’s war on Iran doubled jet fuel prices

aviation, Business, Digital Marketing, News, Policy, Politics, SEO Tips, Technology /
The ultra-low-cost air carrier Spirit Airlines shut down operations after 34 years in business and canceled all flights just after midnight Saturday morning. Its website now redirects to spiritrestructuring.com, instructing fliers not to go to airports, with air traffic control records capturing controllers and pilots signing off to each other as its last flights came […]

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AI chipmaker Cerebras targets up to $4bn IPO at $40bn valuation

Artificial Intelligence, Business, Digital Marketing, Finance, Next Featured, SEO Tips, Technology /

After a CFIUS-induced retreat in 2024, the wafer-scale chip startup is back with an OpenAI deal in its pocket and a sharper bet against Nvidia. Eighteen months ago, Cerebras Systems looked like a cautionary tale. The Sunnyvale-based AI chip startup had filed for an initial public offering in September 2024, only to see its plans […]

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GameStop eyes eBay takeover in audacious $46 billion bet on Ryan Cohen’s e-commerce vision

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The video game retailer that meme traders saved from oblivion is now eyeing one of the internet’s oldest marketplaces. GameStop Corp is preparing a bid to acquire eBay Inc, according to a Wall Street Journal report published on 1 May 2026, sending eBay shares surging more than 13% in after-hours trading. The move would be […]

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