Daily Digest
Daily Digest
Pomegra Newswire
Technology and AI market news: chipmakers, software, crypto, and the companies building the AI buildout - covered from an investor perspective.
Cisco beat Q1 fiscal 2027 estimates, raised its full-year outlook and lifted its hyperscaler AI infrastructure revenue target to $9B as shares rose after hours.
Super Micro (SMCI) fell about 11% to $26.99 after a report the DOJ is probing whether Alice Huang-linked entities helped smuggle its servers into China.
Asian chip stocks sold off sharply on Nov 12: Taiwan's Taiex fell 2.63% as Nvidia's leadership crisis hit TSMC, while SK Hynix slipped 1.8% and Samsung rose.
AMD gained about 3% to 4% and Broadcom 5% to 6% on Nov. 12 as investors shifted out of Nvidia after CEO Jensen Huang resigned, and William Blair upgraded AMD to outperform.
Nvidia CEO Jensen Huang resigned effective immediately, CFO Colette Kress is interim chief, and the stock fell as market value dropped below $4 trillion.
Cerebras reports Q3 2026 results after the close Thursday, with about $215 million in revenue expected and OpenAI demand and margins in focus after a 57% slide in three months.
Nebius (NBIS) reports third-quarter 2026 results before the open Thursday, with options pricing a roughly 20% move after a sharp Wednesday rally.
Bloom Energy rose about 13% and Dell 11% on Nov. 11 after CoreWeave raised 2026 guidance, easing worries over AI data-center funding and power demand.
Corning (GLW) rose as much as 10% after Jefferies initiated at Buy with a $134 target, framing it as an AI optical-fiber play, not a phone-glass story.
Cisco and Applied Materials report after the close Thursday, with options pricing moves of about 7.9% and 8.8% as the results test AI infrastructure demand.
AI stocks fell sharply after the midterms as voters backed data-center limits in 40 of 41 measures and Democrats won Texas, Ohio and Georgia governorships.
Apple (AAPL) closed at an all-time high of $355.63 on Nov. 11, lifting its market value above $5 trillion as upgrades and higher price targets built on optimism over Siri AI.
Micron technology stock rose about 12% as SanDisk and Seagate also surged after CoreWeave said AI demand outpaces capacity and Morgan Stanley backed the dip.
Rigetti Computing shares fell about 7% after hours as Q3 2026 revenue of $1.41 million missed estimates and the CFO flagged heavy capital spending into 2027.
CoreWeave raised 2026 revenue guidance to $13.0-13.3B after Q3 sales of $3.66B beat estimates, sending shares up about 20% as backlog reached $132.5B.
MARA Holdings shares rose about 10% after a $500M buyback, a $750M repayment of bitcoin-backed loans and plans for more bitcoin sales to fund AI projects.
TSMC (TSM) posted record October revenue of NT$586.89 billion, up 59.7% from a year earlier, lifting its shares as AI chip demand powered an Asian tech rebound.
OpenAI's Q3 2026 revenue topped $10 billion, up about 50% from Q2, but its operating loss widened to $10.9 billion, testing the economics behind AI stocks.
Nvidia (NVDA) shares fell about 4% Monday and 5.5% Tuesday to a low since March as the board probes CEO Jensen Huang and a new shareholder suit lands.
Nebius (NBIS) reports third-quarter results before the open Thursday, with revenue seen near $905M and the shares about 55% below their June high.
South Korea's tech-heavy KOSDAQ surged about 5% on Wednesday, triggering a buy sidecar as AI stocks rebounded across Asia ahead of Nvidia's earnings next week.
Microsoft shares fell about 3% after Anthropic unveiled Claude Sheets, Whiteboards and Data, AI workplace tools aimed at Office and Excel ahead of its IPO.
The NYSE chose Avalanche as the settlement ledger for its 24/7 tokenized securities platform, lifting AVAX about 8% on November 9, pending regulatory approval.
Coherent rose 16.8% and Monolithic Power 16.6% on Nov. 9 as AI stocks rebounded from a sharp selloff, with Teradyne up 12.7% and the S&P 500 up 2.35%.
CoreWeave reports Q3 2026 results after the bell as investors weigh $3.5B in expected revenue against heavy debt, interest costs and a $104B backlog.
Tesla will wind down Cybertruck output at Gigafactory Texas around mid-2027 and refund many deposits, with Cybercab robotaxi production taking the factory space.
Google's new TPU 8tx and TPU 8i Max chips, plus a customer base nearing 100 that includes Apple, Meta and Oracle, widen its push against Nvidia in AI hardware.
Nvidia shares fell 4.3% to $178.67 after its board opened an inquiry into CEO Jensen Huang's ties to a suspected Chinese spy, and a class action followed.
Broadcom (AVGO) climbed 8.8% to $319.48 on Nov. 9 as AI stocks rebounded and the Philadelphia semiconductor index logged its best day since late July.
AST SpaceMobile (ASTS) rose 14% after forming Rakuten AST, a Japan direct-to-device satellite venture backed by about $1 billion in government funding.
Technology is the market's largest sector and its most expectation-driven: valuations lean on growth projected years out, which makes tech stocks unusually sensitive to interest rates, product cycles, and any datapoint about the AI buildout. The desk covers the chipmakers supplying the compute, the cloud and software companies deploying it, and the capital-spending announcements that ripple through both.
Crypto coverage lives here too, treated the same way - market reporting on price moves, ETF flows, and regulation, with the mechanics explained in the wiki and a full beginner course in the learn library rather than jargon assumed in the article.
Yes - AI infrastructure, chipmakers, and software companies are a core part of the technology desk, covered daily with sentiment and impact ratings.
Crypto market news is grouped under technology, and the learn library carries a full beginner course on cryptocurrency.
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