Today: 2 May 2026
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TSX:8630 17 August 2025

AI Stock Frenzy: Hedge Funds Pile In, Tesla’s Dojo U-Turn & Palantir’s Reality Check

AI Stock Frenzy: Hedge Funds Pile In, Tesla’s Dojo U-Turn & Palantir’s Reality Check

Bridgewater Associates more than doubled its Nvidia stake to 7.23 million shares, worth $1.14 billion, and sharply increased holdings in Alphabet and Microsoft in Q2. Tiger Global Management added 4 million Amazon shares, ending June with 10 million. U.S. authorities approved Nvidia and AMD to resume AI chip sales to China, with revenue-sharing requirements. Tesla halted its Dojo AI supercomputer project and shifted to in-house AI chips.

Stock Market Today

  • eBay Q1 2026 Earnings Beat Expectations with 19% Revenue Growth and Strategic Acquisitions
    May 1, 2026, 6:06 PM EDT. eBay Inc. reported first quarter 2026 revenue of $3.1 billion, up 19% on an as-reported basis and 17% on a foreign exchange-neutral basis. Gross Merchandise Volume (GMV), a measure of total sales value on the platform, rose 18% to $22.2 billion. The company posted GAAP earnings per share of $1.12 and non-GAAP EPS of $1.66, supported by strong operating margins of 19.8% GAAP and 29.4% non-GAAP. eBay returned $639 million to shareholders via share repurchases and dividends. Strategic moves included a planned acquisition of Depop to boost its position in the consumer-to-consumer fashion resale market. The expansion of eBay Live to new countries and innovative AI tools for collectibles contributed to growth momentum, signaling robust execution of eBay's strategic priorities.

Latest article

DocuSign Stock Jumps as AI Contract Push Faces a Fresh Test After Quarter Close

DocuSign Stock Jumps as AI Contract Push Faces a Fresh Test After Quarter Close

1 May 2026
Woodside is struggling to secure buyers for LNG from its planned Louisiana export plant, with liquefaction fees above U.S. market rates stalling talks, sources told Reuters. The company has signed only one long-term sales deal so far. Shares closed at A$33.12 in Sydney, down 1.28%. The Louisiana LNG project was 24% complete at the end of March and targets first cargo in 2029.
Why Zscaler Stock Jumped Today Despite a Wall Street Target Cut

Why Zscaler Stock Jumped Today Despite a Wall Street Target Cut

1 May 2026
Zscaler shares climbed 7% to $139.81 Friday despite a price-target cut by Citizens JMP to $210. The move followed a sector rally after Atlassian raised its forecast. Zscaler reported 26% revenue growth last quarter and expanded AI security features in its GovCloud product. Customers remain cautious on large deals, with longer approval times noted.
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