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Meta Platforms Just Said It Will Spend $135 Billion on AI This Year. This Hypergrowth Stock Could Be the Biggest Winner
Key PointsMeta Platforms plans to spend $115 billion-$135 billion on capital expenditures this year, much of which will go to AI.It's the clearest signal from a hyperscaler this year that the AI boom will accelerate.CoreWeave looks like one of the companies poised to benefit.10 stocks we like better...
The Motley Fool
Fri, Jan 30
HK Movers | CKH Holdings Falls 5%. Panama Court Kicks Hong Kong's CK Hutchison Out of Canal Ports
Panama’s Supreme Court has annulled a contract held by a unit of a Hong Kong company to operate key ports at either end of the Panama Canal, in a victory for Donald Trump, who has vowed to reassert US influence in the region, Financial Times reported. Shares of CKH Holdings fell over 5% on the news....
Tiger News
Fri, Jan 30
Is It Time to Buy Microsoft Stock as Its Backlog Soars?
Key PointsMicrosoft's commercial remaining performance obligations climbed to $625 billion in fiscal Q2.The tech company's "Azure and other cloud services" revenue grew sharply, but at a slower rate than in fiscal Q1.OpenAI accounts for 45% of Microsoft's commercial backlog.10 stocks we like better ...
The Motley Fool
Fri, Jan 30
BREAKINGVIEWS-China's gold fever underwrites risky M&A binge
By Ka Sing Chan HONG KONG, Jan 30 (Reuters Breakingviews) - Zijin Mining 601899.SS has a big advantage over Western miners in the current gold M&A bull market. It’s not that at $158 billion and 21 times earnings the Chinese company is bigger and more richly valued than rivals at home and abro...
Reuters
Fri, Jan 30
Australian Rare Earths hit over a month low on discounted placement
Shares of Australian Rare Earths AR3.AX fall as much as 9.5% to A$0.190, their lowest since December 23AR3 down 17.4% this week, on track to hit its worst since late OctoberMineral explorer raises A$6 million ($4.20 million) at an issue price of A$0.185 per shareIssue price is at a discount of 8.8% ...
Reuters
Fri, Jan 30
Japan's Nikkei falls on tech selloff, set for second weekly drop
By Junko Fujita TOKYO, Jan 30 (Reuters) - Japan's Nikkei share average reversed early gains on Friday and were on track for a second straight weekly decline, as investors sold heavyweight technology stocks to book profit.The Nikkei .N225 fell 0.85% to 52,923.12 by the midday break after risin...
Reuters
Fri, Jan 30
The Good, the Bad, and the Unknown at Netflix
In this podcast, Motley Fool contributors Travis Hoium, Lou Whiteman, and Rachel Warren discuss:Netflix earnings.Netflix going all-cash for Warner Bros. Discovery.Bond markets in turmoil.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center . When you're ready t...
The Motley Fool
Fri, Jan 30
Taiwan Semiconductor's Stock Hits an All-Time High: Is It Too Late to Invest?
Key PointsTaiwan Semiconductor is not only growing sales at a fast rate, but its profits have been soaring as well.The company's profit margin is now around 50%.While its valuation has been rising, the stock's earnings multiple may still not be terribly high.10 stocks we like better than Taiwan Semi...
The Motley Fool
Fri, Jan 30
HK Movers | Lithium Shares Fall as Lithium Carbonate Futures Plummet. Ganfeng Lithium Sinks 9.6%; Tianqi Lithium Slumps 8.7%
Lithium shares fell in Hong Kong market as lithium carbonate futures plummet. Ganfeng lithium sank 9.6%; Tianqi Lithium slumped 8.7%.The price of the main lithium carbonate futures contract in mainland China once slumped by more than 9%, bottoming at RMB151,220 per ton, and last traded at RMB153,000...
Tiger News
Fri, Jan 30
CORRECTED-Stryker raises annual profit forecast on strong sales for medical devices
By Bageshri BanerjeeJan 29 (Reuters) - Medical equipment maker Stryker raised its full-year profit forecast on Thursday, banking on strong sales of its implants and other medical devices.Shares of the company rose as much as 3% in extended trading.The company, which makes joint replacements and medi...
Reuters
Fri, Jan 30
If This Forecast Proves to Be True, Nvidia's Stock Could Still Be a Bargain Buy Today
Key PointsNvidia's stock has been sluggish to start 2026, as investors may be thinking twice about its valuation.Spending on artificial intelligence is expected to remain strong in the near future.Nvidia's business remains in incredible shape, with its most recent growth rate being above 60%.10 stoc...
The Motley Fool
Fri, Jan 30
24H | Precious Metal Shares & ETFs Fall With AGQ down 5%, UGL down 3%; Crypto Shares Sink With RIOT, BitMine, CleanSpark down over 3%
Precious metal shares & ETFs fell in overnight trading with AGQ down over 5%, UGL, HYMC down over 3%; Pan American Silver, Harmony Gold down over 2%.Crypto shares slid in overnight trading as bitcoin fell below $82K. Riot Platforms, BitMine, CleanSpark down over 3%.
Tiger News
Fri, Jan 30
Agoda's 2026 Travel Outlook Report Reveals Bleisure is on Travelers Minds Across Asia-Pacific
Bleisure travel remains a priority for business travelers across Asia-Pacific, where a striking 76% of surveyed business travelers plan to combine business trips with personal leisure. Bleisure interest exceeds 85% in the Philippines, Thailand, and Vietnam, with business travelers eager to ex...
PR Newswire
Fri, Jan 30
Chinese RISC-V Chipmaker SpacemiT Launches K3 AI CPU, Highlighting the Rise of Open-Source Hardware in Intelligent Computing
Hangzhou,China,January 29,2026--As the global technology industry accelerates its shift toward open architectures and on-device artificial intelligence, Chinese RISC-V chip company SpacemiT announced the launch of its new K3 AI CPU on January 29. The company aims to combine the open RISC-V instruction set with general-purpose and AI computing capabilities, offering a more flexible, power-efficient and cost-effective platform for intelligent terminals and edge computing.For decades, the processor market has been dominated by x86 and Arm architectures. However, as AI workloads gradually move from the cloud to end devices, there is growing interest in more open and customizable computing platforms. RISC-V, as a fully open-source instruction set architecture, is increasingly seen as a key foundation for the next generation of open computing ecosystems.Founded in 2021 and headquartered in Hangzhou, SpacemiT is one of the few Chinese semiconductor companies committed to a “pure RISC-V” strategy. The company focuses on integrating high-performance general computing and AI acceleration into a single chip, which it describes as an “AI CPU” approach. This design philosophy targets intelligent hardware scenarios that require high computing density, low power consumption and strong system integration.The K3 chip is the result of more than 1,200 days of development. According to the company, it is among the first mass-production-ready RISC-V AI CPUs compliant with the RVA23 specification. It also supports 1024-bit RISC-V Vector extensions (RVV) and native FP8 precision for AI inference.In terms of hardware configuration, K3 integrates eight high-performance X100 RISC-V CPU cores with a maximum frequency of 2.4GHz. SpacemiT said its single-core performance is broadly comparable to Arm’s Cortex-A76.The chip delivers up to 60 TOPS of AI compute and supports up to 32GB of LPDDR5 memory. SpacemiT noted that K3 is not designed to compete directly with high-end server CPUs or GPUs, but instead to enable local execution of medium-scale AI models and multimodal applications. The company said K3 can support models in the 30- to 80-billion-parameter range on a single chip, with typical system power consumption between 15 and 25 watts.On the software side, K3 adopts a co-design approach between hardware and software. It supports mainstream AI frameworks and compilers such as Triton and TileLang, and is compatible with major open-source AI ecosystems and Linux distributions. The company said this is intended to reduce the development barriers for deploying AI models on RISC-V platforms, bringing the experience closer to that of x86 and Arm systems.“We believe the long-term direction of computing architectures is a transition from closed to open systems,” said Chen Zhijian, founder and CEO of SpacemiT, at the launch event. “x86 is highly closed, Arm is semi-open, while RISC-V is fully open. In the long run, open instruction sets are more likely to become the foundation of global computing.”Chen added that RISC-V carries particular significance for China’s semiconductor industry. “In the past, Chinese computing chips were largely limited to domestic markets. Open architectures create a new path for Chinese chips to integrate more naturally into the global technology ecosystem.”K3 emphasizes a fusion of general computing, AI computing and data-coherent interconnects. Chen described this direction as the evolution toward a “next-generation AI CPU,” where traditional CPUs become increasingly intelligent.“In the AI era, CPUs can no longer be just control processors,” he said. “They must also provide native AI computing capabilities. This is similar to the shift from feature phones to smartphones — a fundamental change in the form of computing.”SpacemiT also disclosed that its previous-generation K1 chip has achieved shipments of more than 150,000 units and has been deployed in industrial control systems, robotics, edge computing platforms and open-source intelligent hardware. This commercial experience provides a foundation for the rollout of K3. The company said K3 has already received orders, with initial deliveries planned from the end of April 2026.The company continues to promote a “full-stack RISC-V” strategy, covering CPU IP, chip design, operating systems, compilers, AI software stacks and developer platforms. K3 supports multiple operating systems including Ubuntu, OpenHarmony and OpenKylin. SpacemiT is also launching supporting products such as PICO-ITX single-board computers, robot core boards and array server platforms, while opening its hardware reference designs to developers and system integrators.Hangzhou has recently emerged as a major hub for AI, semiconductor and open-source technology innovation in China. Industry observers note that a new generation of Chinese technology companies is taking shape in the region, strengthening China’s presence in advanced “hard-tech” sectors. SpacemiT is regarded as one of the representative players in this ecosystem.At the same time, the industry generally acknowledges that RISC-V still lags behind x86 and Arm in high-end computing, software ecosystem maturity and overall industrial scale. SpacemiT also recognizes that its current products are better suited to intelligent terminals and edge AI rather than competing directly with top-tier server processors or GPUs.“Our goal is not to confront global giants head-on,” Chen said. “Instead, we aim to establish differentiated advantages in the mid-range computing segment, using lower power consumption, higher integration and better cost efficiency to make AI computing accessible to more devices.”As artificial intelligence continues to move from centralized cloud platforms toward local deployment, power efficiency, system integration and open ecosystems are becoming key competitive factors. The launch of K3 represents a concrete step by China’s RISC-V community in combining open-source architectures with AI computing, and reflects China’s broader effort to explore new technological paths in the next generation of global computing.30/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Fri, Jan 30
HK Movers | Crypto Shares Slide as Bitcoin Falls Below $82K. SinoHope Tech, Boyaa Down over 6%; Yunfeng Fin, Hashkey Hldgs Down over 3%
Crypto shares slid in Hong Kong as bitcoin fell below $82K. SinoHope Tech, Boyaa down over 6%; Yunfeng Fin, Hashkey Hldgs down over 3%; OSL Group down 1%.
Tiger News
Fri, Jan 30
Forget Intel: This Fast‑Moving CPU and GPU Innovator Is the Higher‑Upside Bet for Long‑Term Chip Investors
Key PointsIntel's latest quarterly results make it clear the company isn't in a position to justify its expensive valuation. Another company is making notable progress in AI data center chips, primarily through its product-development efforts.This company is cheaper than Intel and is poised to deliv...
The Motley Fool
Fri, Jan 30
GLOBAL MARKETS-Asia stocks choppy, on track for best month in three years
S&P 500 futures extend losses after tech selloff rattles markets on ThursdayPrecious metals attempt to stabilise after flash crashTrump endorses deal to avoid shutdown, says will announce new Fed chair on FridayBy Gregor Stuart Hunter SINGAPORE, Jan 30 (Reuters) - Stocks were volatile in earl...
Reuters
Fri, Jan 30
New World hits over 2-year high on report Blackstone to become largest shareholder
Shares of New World Development 0017.HK jump 11.9% to HK$12.45, their highest level since November 2023, and on course for a second session of gainsPrivate equity firm Blackstone BX.N is close to securing a deal that would make it the largest shareholder of Hong Kong's property developer New Wor...
Reuters
Fri, Jan 30
HK Movers | Gold Stocks Fall. GT Gold Down 7%; Zijin Gold, Chifeng Gold Down over 6%; Dragon Mining, Tongguan Gold Down over 5%; SD Gold Down over 4%
Gold stocks fell in Hong Kong market. GT Gold down over 7%; Zijin Gold, Chifeng Gold down over 6%; Dragon Mining, Tongguan Gold down over 5%; SD Gold down over 4%.
Tiger News
Fri, Jan 30
24H|SanDisk Soared 20%; Seagate Up 5%; Micron Up 4%; Tesla Shares Rose 3%; Robinhood Up 2%
Storage shares jump in overnight trading. SanDisk up 20%; Seagate Technology up 5%; Micron up 4%.Tesla shares rose 3% in overnight trading as Elon Musk’s SpaceX said to consider merger with Tesla or xAI.Robinhood shares gained 2% in overnight trading as US mulls tapping it for 'Trump accounts' for k...
Tiger News
Fri, Jan 30
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