India Morning Newsletter, May 30

TradingKey - According to Bloomberg, Google will invest $10 billion in AI startup Anthropic, with a potential additional $30 billion in the future to strengthen their partnership. Under the agreement, Google Cloud will provide Anthropic with 5 gigawatts (GW) of computing power over the next five yea

TradingKey - On Friday, April 24 (ET), Intel (INTC) closed up 23.6%, marking its best single-day performance since October 1987. Nvidia (NVDA) shares closed up 4.32% at $208.27, breaking the previous record set on October 29, with its closing market capitalization surpassing $5 trillion.

TradingKey - On April 23, the Philadelphia Semiconductor Index broke through the 10,000-point milestone, marking its longest-ever winning streak at 17 consecutive sessions, with a cumulative gain of over 41%. Since the conflict began on February 28, the index has surged by 24%. Over the past 20 trading days, Credo Technology led the constituent stocks with a peak cumulative gain of 78.56%, while ASML was the laggard with a cumulative increase of 1.72%. During the same period, Marvell Technology recorded a cumulative gain of 68.25%, Intel rose 4.15%, AMD surged 38.62%, Broadcom climbed 31.72%, Micron gained 26.13%, NVIDIA rose 11.73%, and TSMC added 10.04%.

TradingKey - As of late 2025, Nebius has become perhaps the most highly correlated stock with one of the leading sectors within the AI sector: InfrastructuRecent numbers provide clear evidence of this growth:  Quarterly revenue grew 355% compared to the same quarter last year, total revenue for 2020

TradingKey - FuboTV Inc. (FUBO) has seen its share of ups and downs in 2026. The stock declined about 60% year to date. Sentiment started to turn after management provided a straighter financial roadmap. FuboTV’s message is that it is moving from trying to grow subscribers at all costs to growing ma