Intel stock jumped 12% to a record high, driven by AI chip optimism and reports of a potential Apple partnership. The rally has also boosted the value of major institutional holdings.
Ferrari topped Wall Street’s first-quarter expectations and reaffirmed its full-year guidance as it prepares for its first electric vehicle debut.
Michael Burry sold his GameStop stake after Ryan Cohen’s proposed $55.5 billion eBay deal raised concerns over leverage. The investor warned against relying on debt-driven strategies.
South Korea’s KOSPI index surged 37% in just 34 days to a record high, driven by booming global demand for AI semiconductors. The rally added roughly $1 trillion in market value.
GameStop stock swung after CEO Ryan Cohen’s interview on a proposed $55.5 billion eBay deal failed to clarify financing. Investors questioned a reported $16–20 billion funding gap.
GameStop has made a $55 billion bid to acquire eBay at $125 per share, signaling an aggressive move to expand into e-commerce.
Elon Musk could receive a Tesla compensation package worth up to $158 billion, significantly increasing his wealth and pushing him closer to trillionaire status.
Anthropic is reportedly in talks to raise up to $50 billion at a valuation approaching $900 billion, reflecting surging demand for AI investments.
Meta will begin paying creators in stablecoins through Stripe, starting in Colombia and the Philippines, as it expands digital payment options.
SpaceX’s planned dual-class share structure will give Elon Musk dominant voting power, allowing him to retain control over key decisions, including leadership changes.
SoftBank is preparing to spin off and list Roze, a new AI and robotics infrastructure company, in a potential $100 billion IPO in the U.S.
The UAE will exit OPEC and OPEC+ from May 1, aiming to increase oil production and better align with shifting global energy demand.
Finland’s Kone will acquire Germany’s TK Elevator in a $34.4 billion deal, forming the world’s largest elevator manufacturer.
