Storage Stocks Soar on Nvidia Buzz, Copper Hits Record
The stock market saw some wild swings in specific sectors. Data-storage companies like Sandisk and Western Digital surged on Nvidia’s AI plans, while AIG dropped on a surprise CEO change.
Category: Business
Hyundai Stock Soars 15% on Nvidia Partnership Buzz
Hyundai Motor’s stock jumped nearly 15% to a record high on January 7, far outpacing the broader market. Analysts point to investor excitement over a potential expanded tie-up with Nvidia, beyond just chips.
Oregon’s Union Law Sparks a Free Speech Fight
The lead plaintiff in the Janus v. AFSCME case is calling out Oregon for a new law. He argues it targets groups that inform public employees of their right to leave a union.
Hg Capital Buys OneStream for $6.4 Billion in Major Software Deal
In a major move for the enterprise software sector, Hg Capital is buying OneStream for $6.4 billion. Shareholders will get $24 per share, a significant premium over the recent trading price.
Jollibee Wants a Wall Street Listing for Its Global Business
Jollibee Foods Corp., the Philippine chain that beats McDonald’s at home, is planning a major corporate split. The company wants to spin off its international business and list it separately in the United States by 2027, pending approvals. Existing shareholders would get a stake in the new entity.
Adtech’s 2026 Reckoning: AI, Traffic Crashes, and Google’s Fate
The adtech industry is facing a pivotal year in 2026, forced to adapt as AI chatbots drain website traffic and Google faces a potential court-ordered breakup. Executives at CES are plotting moves into streaming TV and “agentic” AI advertising to survive. The future of independent players like The Tr
California’s New DROP Law Finally Makes Privacy a One-Click Thing
A new California law called DROP is changing the game for data privacy. It allows residents to file a single request to delete their information from hundreds of data brokers, fixing a major flaw in the previous system.
BYD Just Officially Toppled Tesla as the Top EV Seller
BYD has become the world’s largest seller of battery electric vehicles, a title long held by Tesla. The shift comes as BYD’s sales grew 28% in 2025 while Tesla’s annual deliveries dropped by over 8%.
Hybrid Work is Stuck, and That’s a Huge Opportunity
The debate over remote work is over. Data shows hybrid work patterns have been flat since 2022, making it the new permanent reality. This forces a major shift in how companies build their offices and tech ecosystems for the long haul.
Is the AI Boom a Bubble? What the Numbers Really Say
According to Fortune, the AI-driven market rally has pushed the S&P 500 up 79% since late 2022, fueled by massive infrastructure spending. Tech giants are planning to hike capital expenditures by 34% to around $440 billion, while concerns about an AI bubble spiked in late 2024.