The Finimize Daily Brief

The Japanese conglomerate is after a bigger share of the AI infrastructure market – and that includes power – while the US chip firm’s on a comeback tour, as AI demand is starting to give it some oomph. Today’s stories: SoftBank Wants To Power The AI Boom With Its Own Batteries Intel’s Been Seeing Some Big Gains, Thanks To The AI Boom Try Finimize Pro

SK Hynix posted blockbuster profit, largely driven by sales of its AI-specific memory chips – while a sudden temperature spike at a Paris airport earned one prediction market trader a lot of money. Today’s stories: SK Hynix Shared Blockbuster Results, But Investors Have Long Memories Prediction Markets Are Facing A Lot Of Hot Air – In More Ways Than One Try Finimize Pro

The world’s biggest EV battery maker just unveiled two new models that can get drivers on the road faster and keep them there longer – while inflation in the UK ticked higher last month, as surging fuel prices found their way into some intimate places. Today’s stories: CATL’s New Batteries Could Crack The EV Range And Charge Roadblocks British Inflation Rose In March (And Now Even Condoms Cost Mor...

Big Tech is its own best customer, and the Claude creator’s new contract is the latest proof, while cheap-and-cheerful fast-fashion name Primark is expected to split from its parent company by the end of 2027. Today’s stories: Anthropic Just Inked A Massive AI Infrastructure Deal With Amazon Primark’s About To Fly The ABF Nest And Stand On Its Own Two Feet Try Finimize Pro

The International Energy Agency says that AI data centers and EVs are creating some – but not all – of the increased electricity demand, and the AI boom could keep inflation under wraps… but not everyone’s convinced. Today’s stories: The World’s Using More Electricity Than Ever Before AI’s Productivity Boom Could Be Just What The Fed Needs Try Finimize Pro  

The Strait’s reopening – and oil flowing through it – pushed US stock indexes higher, while OnlyFans might be NSFW, but it’s trying to prove it’s safe for investment. Today’s stories: US Stocks Hit New Highs As The Strait Of Hormuz Reopened OnlyFans Could Be Worth Over $3 Billion After Selling A Chunk Of Itself Try Finimize Pro

Today’s stories: The AI Chip Boom Pushed TSMC To A Record Quarter – Again China’s Economy Grew 5% Last Quarter, Despite The War In Iran Try Finimize Pro  

Chipmaking equipment supplier ASML boosted its revenue expectations for the year on Wednesday, and Hermès posted weaker-than-expected sales last quarter, as the war reached into its handbags and pilfered some of its takings. ASML Tweaked Its Expectations As The AI Chip Boom Keeps… Booming It’s Serving Slump For Hermès, LVMH, And Kering Try Finimize Pro  

Wall Street’s report card was better than expected last quarter, with the war in Iran boosting trading – while China kept churning out goods in March, but at a far more sluggish pace. Today’s stories: Earnings Are Bringing Some Big Bank Energy On Wall Street China’s Exports Slowed Down As The Iran War Ramped Up Try Finimize Pro  

Oil prices rose back up to the triple digits as the US launched a military operation along the Strait of Hormuz, and Goldman Sachs turned a fat profit this quarter – both despite and because of market volatility.  Today’s stories: Oil Prices Popped Higher As The US Imposed A Blockade On Iran Goldman’s Profits Sounded The Opening Bell On Earnings Season Try Finimize Pro

Weather prediction markets are giving scientists a run for their money, and fresh data out on Friday showed that US inflation rose at its fastest pace in two years. Try Finimize Pro

Meta unveiled the latest version of its AI model on Wednesday, and the world’s biggest producers of EVs shipped a record number of them in March.  Try Finimize Pro

The US-Iran Ceasefire sent investors back into the arms of stocks, and mega-investor Bill Ackman’s firm Pershing Square wants to take over the world’s biggest music label. Try Finimize Pro

Claude creator Anthropic is coughing up billions on chips and cloud, and private equity deals are way down so far this year. Try Finimize Pro

The US president’s address offered no clear pathway to ending the hostilities, five weeks after the conflict began – and with satellite internet shaping up to be the next mission for tech titans, Amazon is looking to make some strategic deals. Today’s stories: Investor Uncertainty Escalated With No Clear Timeline To Resolve The War Amazon Is Looking To Buy Globalstar As The Space Race Heats Up Try...

The unicorn paddock is starting to get crowded – OpenAI, SpaceX, Anthropic, and others are eyeing an escape to the public market – while Berkshire Hathaway’s still heavily into Apple, but it’s cautious about tech exposure. Today’s stories: OpenAI’s Fantastical Valuation Is Fueling Speculation That An IPO Is Coming Buffett's Apple Regret Is Real – Just Not Enough To Buy Back In Try Finimize Pr...

The eurozone was the first big economy to release its consumer price index for March (next up: the US and China), while it looks like chipmakers’ luck is running out. Today’s stories: Eurozone Inflation Just Sped Up – And Other Economies Are Set To Follow Memory Chipmakers Just Had Their Worst Month Since 2005 Try Finimize Pro

The US maker of Zepbound just signed a $2.75 billion deal with Hong Kong-based Insilico Medicine for an AI-developed drug – while eurozone consumers and businesses say they expect prices to rise… and that suggests they will. Today’s stories: Eli Lilly’s Got A Sparkling New AI Biopharma Deal Inflation Fears Are Brewing Across Europe Try Finimize Pro

The creator of the Claude chatbot is laying plans for an October stock debut – while Alphabet’s new system can run AI models with way less memory, and that’s got memory chip investors nervous. Today’s stories: Anthropic Wants A Big IPO – And Everyone Wants Anthropic Alphabet’s New System Can Run AI Models With Way Less Memory Try Finimize Pro

A jury just agreed that Meta and Google’s platforms are addictive, and Elon Musk’s space company is aiming for a $1.75 trillion debut. Today’s stories: Infinite Scroll Got Its Day In Court – And Lost SpaceX Wants To Make Its IPO Launchpad Even Bigger Try Finimize Pro  

SK Hynix wants a US stock listing and a bigger global profile, while UK inflation captured a bygone era – as in, four weeks ago. Today’s stories: SK Hynix Is Aiming For A New York Listing, So Start Spreadin’ The News UK Inflation Figures Capture A Bygone Era – As In, Four Weeks Ago Try Finimize Pro

Revolut’s blockbuster results told a bigger story about the private market, while Ares Management became the latest symbol of private credit uncertainty. Today’s stories: Private Markets Are Rewarding Late Bloomers More Private Credit Managers Hit The Limit Button After Big Withdrawals Try Finimize Pro

Stocks bounced as the US backed off its Iran infrastructure threat, and Berkshire Hathaway’s first big buy under its new CEO has a very Warren Buffett feel to it. Today’s stories: Stocks Bounced On The Latest Serve In The US And Iran’s Ping-Pong Hostilities Post-Buffett Berkshire Is Still Betting Big On Japan Try Finimize Pro  

Food prices are starting to rise as the Middle East conflict chokes fertilizer supply, while OpenAI is designing a desktop super-app, with hopes of muscling out Anthropic. Today’s stories: Food Prices Could Rise As The Effects Of The Middle East Conflict Spread OpenAI Has A Plan To Build One App To Rule Them All Try Finimize Pro

Oil and gas prices rose as conflict in the Middle East intensified, while a trio of central banks announced decisions to stand pat. Today’s stories: Oil And Gas Prices Jumped After Attacks On Middle Eastern Energy Infrastructure Central Banks Are Holding Rates Steady – For Now Try Finimize Pro