Articles by Dennis Singleton
Page 5 of 9
Nebius (NBIS) tried a $1 billion customer deal and a new business model to stop its stock slide. A $775 million loan is what actually worked.
Nebius raised $775 million in its first-ever secured debt facility, backed by GPU infrastructure and contracted cash flows, without issuing new shares. The stock is up more than 5% today, defying a weak Nasdaq, after a $1 billion customer deal and a new partnership model both failed to stop a 22% five-day slide.
Meta (META) is in talks to lease $10 billion of computing power to its rival Anthropic
The New York Times reports Meta is negotiating to lease AI rival Anthropic up to $10 billion in computing power, following the path SpaceX and TeraWulf already blazed.
Micron slid 6% into Friday's open, then flipped positive within the hour as chip stocks staged a violent rebound (July 17, 2026)
Chip stocks slid overnight and into Friday's open, with Micron down as much as 5.8 percent, then staged one of the sharpest reversals of the week within about an hour.
RoboStrategy (BOT) holds pieces of Figure AI and Apptronik. It just registered shares tied to a $2 billion stock deal, eight times its own size.
RoboStrategy trades on Nasdaq as BOT and holds private stakes in Figure AI, Apptronik and 12 other robotics startups. Two months after its IPO, it can now sell $2 billion in new shares, about eight times the fund's current size. Here's how the deal works and what it means for existing shareholders.
Kimi K3 just gave Nvidia (NVDA) its second "DeepSeek moment." The first one made chip demand go up, not down.
Moonshot AI's Kimi K3 sent Nvidia and Oracle lower this week, reviving the "cheap AI kills chip demand" argument. History, and the actual spending numbers, say the opposite is true.
SharonAI (SHAZ) just signed a $1.32 billion cloud deal. The stock is down anyway.
SharonAI (SHAZ) signed a $1.32 billion, five-year cloud computing deal with an unnamed AI lab today, its first project in New Zealand, and the stock fell about 5.5% anyway. It's the same pattern that hit TSMC and Nebius on the same day: real good news, and the stock drops regardless.
Nebius (NBIS) signed a $1 billion deal this week. Its stock is down 14% today anyway, worse than the chipmakers.
Nebius signed a $1 billion, multi-year AI compute deal with Reflection AI, and its stock is still down about 14% today. The pressure has spread well past chips: CoreWeave, crypto miners like IREN and Cipher Mining, power stocks like Talen Energy and Vistra, and now New York's data-center moratorium and a Trump-Hochul clash are all weighing on the same trade.
SK Hynix (SKHY) and Samsung make almost 80% of the world's AI memory. That's why Micron (MU) and US chip stocks crashed again (July 16, 2026)
Chip stocks fell hard again on July 16: SK Hynix's US shares (SKHY) closed down 13.7%, SanDisk (SNDK) 12.6%, Western Digital (WDC) 9.2%, Micron (MU) 5.7%, even after TSMC's record quarter. The reason traces back to Korea, where Samsung and SK Hynix make close to 80% of the world's AI memory, and to China's CXMT pricing an $85.7 billion IPO the same day.
Pasqal hired a 30-year HPE executive to lead its commercial push, months into its $2 billion SPAC deal
Pasqal, the Nobel laureate's quantum computing startup, just hired a nearly 30-year HPE veteran to lead its commercial push across Europe and Asia. The hire comes months into the $2 billion SPAC merger it announced back in March, still working toward a close later this year.
AST SpaceMobile (ASTS) sinks close to 13% after hours on its third billion-dollar note sale since October
AST SpaceMobile went back to the debt market for the third time since October, and investors kept selling into the evening, with the stock down nearly 13% after hours despite the company holding $2.7 billion in cash.
ASML raised guidance sharply today. Wall Street barely reacted, and TSMC reports tomorrow.
ASML beat its own Q2 estimate and raised full-year 2026 guidance again, citing surging AI chip demand. The stock barely moved on the news. Since ASML builds the machines TSMC depends on, that muted reaction is worth watching heading into TSMC's own report tomorrow morning.
Semiconductors are having their worst day in weeks. Tomorrow, TSMC gets a chance to reverse it.
Semiconductor stocks are having their worst day in weeks, Micron, SanDisk, and SK Hynix's ADR all down double digits. TSMC reports Q2 earnings before the bell tomorrow, scores an 88 out of 100 on our Stock Scorer, and might be the one print that stops the bleeding.
A short seller says a third of Sivers Semiconductors' (SIVEF) revenue is dubious. Its CEO and board bought shares anyway.
A short seller says 31% of Sivers Semiconductors' 2025 revenue is dubious and Sweden is probing an information leak. Its CEO and full board bought shares anyway, right as its laser chips landed a real GlobalFoundries partnership.
Bitcoin miners are becoming AI landlords. Here's how far each one has actually gotten.
Eight bitcoin miners are pitching the same AI pivot, but they're nowhere near equally far along. IREN and TeraWulf already have AI revenue flowing. Hut 8, Cipher and Applied Digital have billions in signed leases that haven't started billing yet. CleanSpark still just mines bitcoin.
New York froze new data centers for a year, and TeraWulf just became the day's biggest loser because of it. Nebius, close behind, has nothing to do with New York.
Governor Hochul signed a first-in-the-nation moratorium on new hyperscale data centers today, and TeraWulf (WULF) fell 6.7%, the hardest hit in the group, because it owns exactly the kind of project the order targets. Nebius (NBIS) fell almost as much, and Digital Realty (DLR) also dropped on real New York exposure, but Nebius and CoreWeave (CRWV) have nothing to do with Albany.
Gloo (GLOO) sells tech to churches. One of its biggest shareholders is Bill Hwang's foundation.
Grace & Mercy Foundation just bought $3 million more of Gloo (GLOO) stock, bringing its stake to about 18.6%. The foundation was founded by Bill Hwang, the Archegos founder sentenced to 18 years in prison for a fraud that cost banks $30 billion.
Penguin Solutions (PENG) hit a 52-week high last week. Its own debt sale knocked it down 12% on July 13.
Penguin Solutions announced a $650 million convertible notes offering after Monday's close, and the stock dropped as much as 12% in after-hours trading before clawing back some of the loss. The sale comes less than a week after PENG touched a 52-week high on a blowout earnings beat.
Figma's 12% jump is a short squeeze. Astera Labs fell 13% on no news at all.
Figma led todays gainers on a short squeeze, not sector strength. Astera Labs led losers on no company news at all, dragged down by the same SK Hynix crash rattling memory chips. Here is what todays biggest movers actually tell you.
The VIX is up 8% today. Gold, bonds and Bitcoin are all down anyway.
The CBOE Volatility Index jumped 7.6% today, intraday around 11:30am ET, real fear in the tape. But gold, silver, Treasury bonds and Bitcoin all fell anyway. Energy and oil were the clear winners, technology and small caps the clear laggards.
The Iran war just crashed the Kospi into its 7th circuit breaker of the year. SK Hynix fell harder than Samsung again.
South Korea's Kospi crashed 8.95% and halted trading for the seventh time this year as US strikes on Iran spread to Bahrain, Oman, Jordan and Kuwait. SK Hynix fell harder than Samsung again, and its three-day-old US ADR followed the Seoul selloff down too, though by a smaller margin.
Inside the AI hardware stack, from Nvidia's chips to the grid that powers them
An AI data center is seven layers of hardware: GPUs, memory, storage, CPUs, networking, manufacturing, and power. Here's the full map, with the public companies behind each layer and where the bottlenecks actually are.
Futures down, oil up just 3% after Iran closes the Strait of Hormuz (July 12, 2026)
Iran declared the Strait of Hormuz closed after the heaviest weekend of US strikes in months. Stock futures opened lower Sunday night and oil jumped about 3.1%. When this war started in March, the same headline took Brent to $126.
The government is banking on drones becoming the future of warfare. The stocks got crushed anyway
Ukraine is fighting with cheap, disposable drones and the Pentagon wants nearly $75 billion for unmanned systems next year. AeroVironment, Kratos, Red Cat, Ondas, Unusual Machines, and AIRO are all down 45% to 65% anyway. Here's why.
Institutions got SK Hynix at $149. The public paid $170 the next day.
SK Hynix's $26.5 billion Nasdaq ADR priced at $149, and ten investors took half the deal. When SKHYV actually started trading, the first print came in at $171.71. Here's how the allocation worked, and why the public never had a shot at that price.