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  • Claire Yubin Oh

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Atlassian soars after strong beat and a hike to its 2026 guidance, blowing a hole in the software AI bear thesis

The latest jump is a sigh of relief for Atlassian, whose shares had fallen more than 50% in 2026.

Brent crude futures break through $126 per barrel as fears of a prolonged supply crunch intensify

Axios reported late on Wednesday that the CENTCOM will brief a plan for a “short and powerful” wave of strikes on Iran, in hopes to…

Starbucks beats Q2 estimates, raises 2026 guidance

CEO Brian Niccol commented that the latest quarter “marked the turn in our turnaround as our Back to Starbucks plan drove both top and bottom…

NXP Semiconductors leaps after strong beat and guidance

NXP Semiconductors (NXPI) is up more than 15% in premarket trading on Wednesday after the chipmaker reported upbeat results for Q1, with strong guidance to…

Ship-tracking app surges as Iran war continues

MarineTraffic’s user count more than doubled in April from last year.

Analyst reports that OpenAI is partnering with Qualcomm for custom processors for an AI smartphone chip

Another green day for Qualcomm, after being left behind for much of 2026.

TSMC surges as Taiwan eases single-stock investment limits for funds

Relaxing a long-standing rule that capped actively managed funds from more than 10% in a single stock, the change effectively lifts a major hurdle that…

Texas Instruments soars after beating on Q1 revenue, with strong guidance to match

The stock was up as much as 10% in early trading action on Thursday.

America’s largest home TV shopping group, QVC, has filed for bankruptcy

The business lost its edge as linear TV faded into the background, before TikTok Shop closed the curtain… almost.