News
Market news, earnings recaps, and daily moves in AI and semiconductor stocks.
Memory chip prices are soaring. So why are Micron (MU), SanDisk (SNDK) and SK Hynix (SKHY) falling?
Korea's chip exports nearly tripled in the first 20 days of August and its semiconductor export price index has quadrupled since 2023. Micron, SanDisk, SK Hynix, Samsung and Kioxia all peaked within one week in June and have fallen 21% to 51% since.
Samsung promised shareholders $79 billion. Investors expected $108 billion.
Samsung Electronics approved the largest shareholder return in Korean corporate history on Friday, up to 110 trillion won. The market had been told to expect 150 trillion, and the stock traded lower after the close while Samsung's preferred shares rose 8.26%.
Palantir (PLTR) CEO Alex Karp filed to sell $86 million in stock after a 31% rally
Two SEC filings show Palantir CEO Alex Karp intends to sell $86.1 million in stock, the same week PLTR closed at a new high after its Q2 earnings beat.
Keel Infrastructure (KEEL) COO bought stock twice this week, and paid 14% less the second time
On Aug. 20, Keel Infrastructure's (KEEL) chief operating officer filed a second Form 4 in three days, buying more stock at $3.25, about 14% below what he paid on Aug. 17.
Anthropic could file for its IPO within days. Investors are discussing $2 trillion, twice the valuation it set in May.
Bloomberg reported on Aug. 20, 2026, that Anthropic may make its IPO filing public by the end of August. The company is considering an offering large enough to equal or top the record raise set by SpaceX (SPCX). For a potential October market debut, investors have floated a $2 trillion valuation, more than double the $965 billion figure Anthropic established in May.
Digi Power X (DGXX) CEO bought $72,000 of stock at $3.60, a day before shares jumped 9.5%
Michel Amar bought 20,000 Digi Power X shares for $72,000 on Aug. 19, the same week the stock fell 13% after earnings. No 10b5-1 box was checked. DGXX's last print the next day was up 9.5%.
FedEx and UPS are each getting about $2.7 billion to keep delivering for the military through 2030
FedEx and UPS were each awarded about $2.72 billion in a modified Pentagon contract for continued military package delivery, part of a $5.72 billion combined award with Polar Air Cargo Worldwide running through September 2030.
Broadcom (AVGO) is reportedly seeking more than $60 billion for a single AI deal
Broadcom is reportedly seeking more than $60 billion in debt, including lenders Blackstone and Apollo, for an AI infrastructure deal that would benefit Anthropic, Bloomberg reports.
The White House signals more drone deals within two weeks. So why did drone stocks drop today? (AVAV, UMAC, ONDS)
The White House signaled more drone funding deals within two weeks at its first 'Drone Dominance' meeting on August 20. AeroVironment, Unusual Machines, Ondas, Red Cat and Kratos all fell the same day anyway, in what looks like a broader selloff tied to rising bond yields, not the meeting.
LivePerson's (LPSN) SoundHound (SOUN) deal has 97% support. So why was the vote delayed?
LivePerson's special meeting was gaveled open and immediately adjourned. More than 97% of votes cast backed the SoundHound deal, but not enough shares voted at all.
Four Korean stocks hit their 30% daily limit on Moderna's cancer-vaccine trial win. Three actually work in mRNA, and the fourth makes semiconductor equipment.
Somagen, Naibec, Genexine and Samyang Biopharm all hit Korea's 30% daily limit on Moderna's cancer-vaccine trial win, and each has a disclosed mRNA business behind it, except one. Entutech hit the same limit riding a five-year-old rumor. It makes semiconductor equipment.
HIVE Digital (HIVE) director sold every share he owned. The next day, Bitcoin's rally sent the stock up.
HIVE director Dave Perrill sold all 100,000 shares he held directly on August 19, the second time this year he's sold every share he owned. The next morning, Bitcoin rallied and HIVE Digital Technologies climbed with it. Four different HIVE insiders have filed six Form 4 sales since June, and none have bought.
Moderna (MRNA) options bought for a penny Tuesday were worth $96 by Wednesday. That's a one-day gain of 965,200%.
MRNA call options bought for a penny on Tuesday were worth $96 a share by Wednesday, a 965,200% gain in one day, after Moderna's Merck-partnered melanoma vaccine trial succeeded. A $100 bet on them would have been worth $965,300 if sold at the high.
Kospi rebounds 5.89% after worst day in weeks as SK Hynix announces $28.6 billion buyback
The Kospi fell 5.80% on Wednesday, its worst day in weeks, then rose 5.89% the next day. SK Hynix's $28.6 billion buyback and easing global interest rates drove one of its sharpest two-day reversals this year.
CoreWeave (CRWV) signed a multibillion-dollar AI cloud deal with Hudson River Trading, but neither company disclosed the terms.
CoreWeave signed a multi-year deal with Hudson River Trading to power the quant trading firm's AI research on Nvidia Vera Rubin NVL72 and HGX B200 systems. Neither company disclosed a dollar figure. It's CoreWeave's latest large infrastructure deal after a $21 billion Meta contract and a $104 billion revenue backlog.
Nvidia's three biggest customers are 54% of its revenue. Lucent's biggest was 15% before the last bubble burst.
Nvidia's quarterly filing shows three direct customers at 21, 17 and 16 percent of revenue. Lucent disclosed only one customer above 10 percent, AT&T, which peaked at 15 percent before a collapse that cost it $16.1 billion in a single year. The scale of today's exposure is larger, but the accounting that actually destroyed Lucent is absent from Nvidia's guarantee.
Six Iridium (IRDM) insiders sell $19.3M below Rocket Lab's $54 deal value
Rocket Lab agreed to pay Iridium a notional $54 a share. In one week, six insiders sold $19.3 million of IRDM stock near $50, none of it under a trading plan.
Millennium Management raises T1 Energy (TE) stake to 5.5% after buying the July crash
Millennium Management's stake in T1 Energy (TE) hit 5.5% on Aug. 14, two weeks after a filing showed it had dipped to 4.4%. Here's what the SEC paperwork actually shows, and what it doesn't.
Serve Robotics (SERV) CEO, COO and CFO all sold stock this week, and only half of it was mandatory
On Aug. 19, Serve Robotics' CEO, COO and CFO all filed Form 4s covering sales from Aug. 17-19, about 124,000 shares for $585,000 combined, and about half of it wasn't tied to mandatory tax withholding.
Cerebras showed up in 16 hedge fund filings at once, worth $4.6 billion. Insiders just filed to sell $49 million in stock.
Altimeter reported $1.60 billion of Cerebras and Coatue $1.55 billion. Between them that is two thirds of the $4.64 billion disclosed across 16 funds.
Marvell (MRVL) jumps 13% after giving Google a warrant worth up to $12.2 billion in new AI chip deal
Marvell signed a custom AI chip deal with Google and issued a warrant for up to 58.97 million shares at $206.58 each, worth about $12.2 billion. MRVL jumped as much as 13%, while Broadcom and other AI chip suppliers fell.
Nebius (NBIS) is selling $4.5 billion of convertible notes, and the stock dropped about 9% on the news
Nebius announced a $4.5 billion convertible notes offering split between 2030 and 2034 maturities, plus exchanges of its existing 2029 and 2031 notes for new shares. NBIS shares fell about 9% Wednesday on the dilution risk.
Samsung shareholders want a $32.5 billion buyback, and they're moving to force a vote on it. SK Hynix just committed $28.6 billion to the same idea.
A shareholder group called ACT wants Samsung to buy back and cancel 45.5 trillion won ($32.5 billion), three days before SK Hynix approved its own 40 trillion won buyback, and is pushing to force a shareholder vote on it.
SK Hynix will buy back 40 trillion won of stock and cancel all of it. The board voted hours after the shares fell 9.75%.
SK Hynix approved a 40 trillion won ($28.6 billion) buyback and said it will cancel every share, the largest buyback and cancellation by a Korean listed company, hours after its stock fell 9.75 percent in Seoul.