Sources: Moonshot AI is exploring dual Hong Kong and Shanghai listings for greater capital and exposure, amid the weaker performance of AI stocks in Hong Kong
Techmeme
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Updates on Stock Market
Every AI story we track on Stock Market — 31 stories so far, each summarized in our own words and linked back to the publisher that reported it.
Pulled from 124 sources
Today's stories
This week
Finance5 min read
Export controls went after China’s chips. They never touched the capital, and Moonshot is reportedly seeking $5bn.
The Next Web
This month
Sources: Anthropic has been working on a plan to allow secondary stock sales in its IPO while also considering lockup periods longer than the standard 180 days (The Information)
Techmeme
Business & Enterprise1 min read
SpaceX shares sink after first earnings report reveals huge AI spending plans
BBC
Finance3 min read
US stock market hits record highs as AI profits pile and oil prices ease
The Guardian
Business & Enterprise3 min read
IBM loses quarter of its value as tech giant’s shares plunge and profits falter
Covered by 2 sources
Micron briefly surpassed Meta and Tesla in market value. Its stock is up 236% in a month.
The Next Web
Accenture had its worst stock day ever on fears AI is eating consulting. Hours earlier, it spent $4.18bn trying to escape that.
The Next Web
Marvell jumps after Jensen Huang calls it the next trillion-dollar company
The Next Web
LG Electronics has quadrupled this year. The catalyst: a meeting with Jensen Huang about physical AI.
The Next Web
Thrive Capital bets $100 million on Shopify, because sometimes the best AI trade is a beaten-down stock
The Next Web
Akamai’s stock had its best day in 22 years. It took one AI contract.
The Next Web
Allbirds Stock Now Crashing as Reality Sets in About Its Delusional AI Pivot
Futurism
If OpenAI is to float on the stock market this year, it needs to start turning a profit
The Guardian
Anthropic Just Sent Shockwaves Through the Entire Stock Market by Releasing a New AI Tool
Futurism
That's everything we have on Stock Market right now