Nvidia CEO Jensen Huang: “AI Agents Mean Boom Time for Software” — Cadence Just Proved It
Jensen Huang says AI agents will boost software companies, not kill them, with Cadence launching a fast autonomous chip design AI.
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Strategy Sells Bitcoin for the First Time Ever — Stock Drops
Strategy just sold 32 bitcoin for $2.5 million — its first sale since 2020.
Barry Diller’s People Inc. Prepares $18 Billion Takeover Bid for MGM Resorts
People Inc. may buy the rest of MGM for $48.30/share, valuing it at $18B+, but the deal is not final yet.
Barclays Gives IBM a Bullish Overweight Rating – Software Strength & Quantum Upside in Focus
Barclays rates IBM Overweight with $350 target (~18% upside), citing steady software growth, strong margins, and quantum upside.
Intel, AMD, and Qualcomm Face Nvidia’s Bold Assault on the PC Market
Nvidia launched RTX Spark, a new AI chip for PCs, challenging Intel, AMD and Qualcomm. Stocks moved after the news.
Nio’s Best Month Ever as Li Auto and Xpeng Count on New SUVs
China EVs, May 2026: Nio surges 62% while Li Auto drops 18%. Strong orders for the new Li L9, L8, and Xpeng GX signal a recovery.