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Marvell Technology Stock Jumps as AMD Reveals $10M Stake
Marvell Technology shares jumped 8.8% in morning trading after chip giant Advanced Micro Devices (AMD) disclosed a stake in the company.A 13F filing released Tuesday showed AMD owned 65,516 shares of Marvell valued at roughly $6.5M at the end of March. Based on Marvell’s latest closing price, the st...Tiger News
Wed, May 13
Korea-Related ETFs Jump With KORU up 12%, EWY up 4%
Korea-related ETFs jumped in morning trading. Direxion Daily MSCI South Korea Bull 3x Shares rose 12%; iShares MSCI South Korea ETF and Franklin FTSE South Korea ETF rose 4%.Korea-related ETFs surged in recent trading sessions, reflecting a broad-based rally in South Korean equities and improving in...Tiger News
Wed, May 13
Global-E Reports 40% GMV Growth and Raises 2026 Outlook
Global-E Online reported first quarter 2026 results showing gross merchandise value increased 40% year-over-year to $1.74 billion and revenue grew 33% to $252.1 million.Global-E shares jumped 7.4% in premarket trading.The e-commerce platform company’s adjusted EBITDA reached $50.2 million, up 59% fr...Tiger News
Wed, May 13
Tower Semiconductor Stock Jumps on Earnings Beat and Strong Guidance
Tower Semiconductor reported first quarter results that exceeded analyst expectations, and provided record guidance for the current quarter.The company’s shares soared 13.6% in pre-market trading following the release.The semiconductor foundry reported adjusted earnings per share of $0.65, beating t...Tiger News
Wed, May 13
Optical Communication Stocks Jump with AAOI and POET up 6%
Optical Communication stocks jumped in early trading. Applied Optoelectronics and POET Technologies Inc up 6%; COHERENT , Lumentum and Corning up 5%; Semtech and AXT Inc up 4%; Amphenol and Ciena up 2%; Credo Technology Group Holding Ltd and Fabrinet up 1%.Tiger News
Wed, May 13
AI Frenzy: Is BABA 'Bleeding'?
$Alibaba(BABA.US) released its FQ4 FY26 results pre‑mkt on May 13. As widely expected, the absolute print was weak, with group profit dragged below even the peak loss quarter during the food delivery war last year due to heavy holiday 'cash handouts' around CNY. Cloud delivered no standout surprise ...Dolphin Research
Wed, May 13
Top 5 HK Stock Gainers/Losers (>100B) (5.13)
KNOWLEDGE ATLAS(02513) rose 36.9%, with a trading turnover 3.6 Billion HKD, and a year-to-date rose 889.7%. MONTAGE TECH(06809) rose 21.31%, with a trading turnover 2.7 Billion HKD, and a year-to-date rose 368.7%. GEELY AUTO(00175) fell 5.23%, with a trading turnover 2.5 Billion HKD, and a year-to-date rose 19.4%. GANFENGLITHIUM(01772) fell 3.96%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 54%.Longport
Wed, May 13
Top 10 HK Stock Gainers (5.13)
KNOWLEDGE ATLAS(02513) rose 36.9%, with a trading turnover 3.6 Billion HKD, and a year-to-date rose 889.7%. HANS CNC(03200) rose 30.91%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 94.5%. XUNCE(03317) rose 23.88%, with a trading turnover 2.0 Billion HKD, and a year-to-date rose 460.8%.Longport
Wed, May 13
Top 10 HK Stock Losers (5.13)
QINGSONG HEALTH(02661) fell 24.2%, with a trading turnover 244.8 Million HKD, and a year-to-date fell 57.2%. CHINA STAR ENT(00326) fell 20.14%, with a trading turnover 119.0 Million HKD, and a year-to-date rose 123.4%. PEGBIO CO-B(02565) fell 19.15%, with a trading turnover 53.6 Million HKD, and a year-to-date fell 71.7%.Longport
Wed, May 13
Premarket Movers | Chip Stocks Rebound; Nextpower Surges 13%; Oklo Drops 1%; Red Cat Sinks 9%
Chip stocks rebounded in premarket trading. Direxion Daily Semiconductors Bull 3x Shares rose 6%; Micron and SanDisk rose 5%; Intel rose 4%; Western Digital, Qualcomm, and Marvell Technology rose 3%; AMD, Seagate, Nvidia, and Arm rose 2%.Nextpower reported its fiscal fourth-quarter and full-year 202...Tiger News
Wed, May 13
24H | Optical Communication Stocks Jump. POET Technologies up 5%; Coherent, Lumentum up Nearly 4%; Applied Optoelectronics, Corning up over 3%
Optical communication stocks jumped in overnight trading. POET Technologies up 5%; Coherent, Lumentum up nearly 4%; Applied Optoelectronics, Corning up over 3%; Ciena, Astera Labs, Fabrinet up over 1%.Tiger News
Wed, May 13
Tencent: No Longer Resting on Laurels; AI Is the Way Forward
$TENCENT(00700.HK) released Q1 results, a mixed bag overall with several points worth a close look. Focusing on what the market cares most about — the AI investment-to-return — here are Dolphin Research’s quick takes:1) AI spend is set to rise: Q1 capex booked was RMB 31.9bn (+16% YoY), which does n...Dolphin Research
Wed, May 13
Crypto Daily｜JPMorgan Unveils Tokenized Money Market Fund for Stablecoins; Michael Saylor Sees CLARITY Act as a Turning Point for Bitcoin Adoption
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsJPMorgan Unveils Tokenized Money Market Fund for StablecoinsJPMorgan has filed to launch the OnChain Liquidity-Token Money Market Fund (JLTXX), a blockchain-powered...Tiger News
Wed, May 13
Altman denies deception as Musk trial puts OpenAI’s future on the line
OpenAI CEO Sam Altman took the witness stand in federal court in Oakland on Tuesday and told jurors he is an “honest and trustworthy businessperson,” rebutting weeks of testimony from former board members and executives who described a pattern of dishonesty.Cryptopolitan
Wed, May 13
HK Stocks Extend Gains. HSTECH Rises 0.8%; Impact Therap Skyrockets 119% on Its Debut; CSOP SK Hynix Daily 2x Leveraged Product up 13%; JD up 7%; Meituan up 5%; Nio up 2%
Hong Kong stocks continued to rally on Wednesday. Hang Seng Index rose 0.29%; Hang Seng tech index up 0.79%.Metis Techbio up 142%, Impact Therap skyrocketed 119% on its debut; CSOP SK Hynix Daily 2x Leveraged Product up 13%; JD up 7%; Meituan up 5%; Nio up 2%; Tencent up over 1%.Tiger News
Wed, May 13
Memory Chip Crunch Widens Corporate Performance and Equity Gap
The intensifying global shortage of memory chips, fueled by the artificial intelligence expansion, is creating a growing divergence in corporate earnings and stock market returns.Memory manufacturers Micron Technology Inc. and Samsung Electronics Co. have seen their shares reach all-time highs, prop...Tiger News
Wed, May 13
Nvidia CEO Joins Trump’s China Trip as Last-Minute Addition, Bloomberg Reports
Nvidia Corp. CEO Jensen Huang will join US President Donald Trump on his visit to China as a last-minute addition to the trip, boarding Air Force One on a stopover in Alaska.Nvidia’s shares extended gains to 1.3% in overnight trading.Trump is being accompanied to China by several high-profile US bus...Tiger News
Wed, May 13
24H｜Space Stocks Jump, DXYZ up 9%, VCX up 3%, Rocket Lab up 2%; Nextpower Jumps 10%; Red Cat down 7%; Oklo Drops 1%
Nextpower shares jumped more than 10% in overnight trading after the company reported better-than-expected adjusted earnings and revenue for its fiscal fourth quarter.Q4 adjusted earnings fell to $1.05 per diluted share, from $1.29 a year earlier. Analysts polled by FactSet expected $0.92.Revenue in...Tiger News
Wed, May 13
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