Micron Stock Rockets as It Completes Taiwan Factory Buy and Fast-Tracks Second AI Chip Plant
Micron just completed a huge Taiwan factory buy and announced a second site by late 2026. Shares soared, lifting other memory stocks too.
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Meta Prepares Deep Layoffs Amid AI Spending Surge – JPMorgan Stays Bullish at $825
Meta Platforms may cut 20%+ of its staff (~16K jobs) to counter massive AI spending, per Reuters. A spokesperson called the report "speculative." JPMorgan maintains an Overweight rating with an $825 price target as shares rise.
Meta's $27 Billion AI Infrastructure Splash: Partnering With Nebius on Vera Rubin Tech
Meta commits up to $27 billion over 5 years to Nebius for dedicated AI capacity starting 2027, using NVIDIA Vera Rubin tech in major push to rival OpenAI and Google.
Second Activist Hits BlackLine: Fivespan Partners Discloses 5.1% Stake Just Days After Engaged Capital Deal
Just two days after BlackLine’s deal with Engaged Capital, another activist investor Fivespan Partners discloses a 5.1% stake and plans talks on board changes and strategy at the financial software company.
Morgan Stanley Turns Bullish on Match – Thanks to Tinder’s Product Revival
Morgan Stanley turns more optimistic on Match Group stock after Tinder's first product showcase, citing faster innovation, growing user trends, and potential for share price gains.
Carvana's First-Ever Stock Split: 5-for-1 Move Makes Shares More Accessible
Carvana announces first-ever 5-for-1 forward stock split, pending May 5, 2026 shareholder approval, to boost team ownership and affordability.