Today: 30 April 2026

China Resources Microelectronics (688396) stock jumps 13% near 52-week high as China chip trade heats up

China Resources Microelectronics (688396) stock jumps 13% near 52-week high as China chip trade heats up

China Resources Microelectronics A-shares closed up 13.04% at 68.20 yuan in Shanghai Friday, with 58.24 million shares traded and turnover of 3.79 billion yuan. The surge followed shareholder approval of a 2026 related-party transaction plan and changes to governance rules. A storage-chip index hit a record high, while DRAM and NAND prices are forecast to jump sharply in Q1 2026.
Samsung Electro-Mechanics stock price holds near 52-week high as earnings and U.S. chip tariff loom

Samsung Electro-Mechanics stock price holds near 52-week high as earnings and U.S. chip tariff loom

Samsung Electro-Mechanics closed Friday flat at 289,500 won, just below its 52-week high. The Kospi hit a record 4,840.74, up 0.9% for an 11th straight gain. New U.S. tariffs on advanced AI chips have raised industry uncertainty ahead of Samsung’s Q4 earnings report due Jan. 23. Trading volume in Samsung Electro-Mechanics reached 609,718 shares, with 173.95 billion won changing hands.
Tower Semiconductor stock jumps nearly 5% as chip names firm — what to watch for TSEM next week

Tower Semiconductor stock jumps nearly 5% as chip names firm — what to watch for TSEM next week

Tower Semiconductor rose 4.7% to close at $129.83 Friday, with after-hours trading lifting shares above $131. Chip stocks outperformed the broader market ahead of the U.S. holiday, driven by signs of strong AI-related demand. Investors await Tuesday’s market reopening and upcoming remarks from Tower executives.
Xi’an ESWIN Material (688783) jumps 4.7% into the weekend — what to watch when China reopens

Xi’an ESWIN Material (688783) jumps 4.7% into the weekend — what to watch when China reopens

Xi’an ESWIN Material Technology Class A shares closed up 4.67% at 26.87 yuan in Shanghai on Friday, outperforming a falling main index. The STAR 50 index rose 1.35% as chip-related stocks led gains, while the Shanghai Composite slipped 0.26%. Trading volume across mainland China hit about 3.06 trillion yuan. The People’s Bank of China will cut rates on structural policy tools by 0.25 points from Jan. 19.
Suzhou TFC Optical Communication (300394.SZ) stock: CPO buzz lifts shares, traders eye Monday follow-through

Suzhou TFC Optical Communication (300394.SZ) stock: CPO buzz lifts shares, traders eye Monday follow-through

Suzhou TFC Optical Communication shares closed up 2.23% at 198.00 yuan Friday, outperforming the ChiNext Index, which slipped 0.2%. The gain followed a surge in China’s co-packaged optics sector after J.P. Morgan projected Google TPU chip shipments to reach 3.7 million units by 2026. Mainland markets are closed for the weekend. TFC’s next earnings report is due April 23.
OmniVision Integrated Circuits (603501) stock: the convertible-bond call setting up Monday’s trade

OmniVision Integrated Circuits (603501) stock: the convertible-bond call setting up Monday’s trade

OmniVision’s Class A shares closed up 1.84% at 130.83 yuan in Shanghai on Friday. The company said it will not lower the conversion price on its “Weier” convertible bond, keeping it at 159.38 yuan per share until at least July 15, despite hitting a reset trigger. Investors are watching for dilution risk and funding pressures as the stock reopens Jan. 19.
18 January 2026
Silver Near Rs 3 Lakh/kg as Gold Slips in Delhi, Mumbai — What’s Driving India’s Bullion Swing

Silver Near Rs 3 Lakh/kg as Gold Slips in Delhi, Mumbai — What’s Driving India’s Bullion Swing

Silver prices in India hovered near record highs Saturday, with MCX March futures around 289,300 rupees per kg and spot rates in Rampur at 288,176 rupees. Gold slipped in major cities, trading near 143,400 rupees per 10 grams. Dealers report weak retail demand due to high prices, while global bullion retreated on profit-taking and easing geopolitical tensions.

Stock Market Today

  • Investors Favor Google's AI Spending Over Meta Despite Both Raising Capex Guidance
    April 29, 2026, 10:00 PM EDT. Alphabet and Meta both reported strong first-quarter earnings, raising capital expenditure (capex) forecasts to fuel AI infrastructure. Alphabet's shares jumped 7% post-earnings, while Meta's dropped 7%, reflecting investor trust in Google's AI strategy. Alphabet's cloud division grew 63%, bolstering revenue by 20%, with a capex guidance raised to $180-$190 billion through 2026. Meta increased its capex forecast to $125-$145 billion, citing component costs and data center investments. Wall Street favors Alphabet's cloud-driven AI growth, contrasting with skepticism over Meta's AI investments tied primarily to advertising. Alphabet's stock is up 118% over the past year compared to Meta's 21%, underscoring the market's preference for sustainable AI revenue models.

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Soluna Holdings Stock Jumps After Sazmining Bitcoin Deal, Then SEC Resale Filing Lands

Soluna Holdings Stock Jumps After Sazmining Bitcoin Deal, Then SEC Resale Filing Lands

30 April 2026
Soluna Holdings filed to register the resale of about 2.46 million common shares, with no proceeds going to the company. The move follows Sazmining’s launch of a 3-megawatt Bitcoin mining operation at Soluna’s Project Dorothy 1B in West Texas. Soluna shares last traded at $1.28, up from a $1.08 Nasdaq sale price on April 28. The registered shares include 2.4 million issuable to YA II PN, LTD. via warrant exercise.
Brookfield Renewable Stock Drops 12% Before Q1 Results as BEPC Investors Brace for Friday

Brookfield Renewable Stock Drops 12% Before Q1 Results as BEPC Investors Brace for Friday

30 April 2026
Brookfield Renewable Corp’s NYSE shares fell 12.5% to $35.20 on Wednesday, with volume quadrupling the three-month average ahead of first-quarter results due Friday. The drop came despite a higher quarterly dividend and mixed analyst views. The company operates 47 GW of clean energy assets globally. Analysts expect a first-quarter loss of 33.92 cents per share on $1.62 billion in revenue.
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