Gelex Electric plans to issue nearly 274.5 million bonus shares to shareholders in Q2 2026, boosting charter capital to about VND 6.505 trillion

Astera Labs (ALAB) shares rise over 13% on UALink spec upgrade and hyperscaler wins

Astera Labs posted a strong rally on Friday, with shares opening higher on a gap and sustaining momentum throughout the session. The stock climbed more than 13%, supported by industry developments, expanding customer adoption, and recent financial results. Industry standards ratification boosts outlook The main driver was an industry standards…

AI disruption fears may be overblown, but not for ServiceNow stock

ServiceNow shares fell sharply after UBS analyst Karl Keirstead issued a bearish note, citing a shift in enterprise spending priorities and arguing that generative AI poses a greater threat to the company than previously assumed. UBS downgrades ServiceNow to neutral On April 10, ServiceNow (NOW) plunged 6% following Keirstead’s downgrade…

Stock Futures Point Lower as Ceasefire Deal Looks Uncertain

Stocks are losing ground Thursday morning after a relief rally the prior session, as uncertainty over the U.S.-Iran ceasefire agreement weighs on sentiment. Investors are also looking ahead to fresh inflation data and corporate updates, including planned job cuts at Disney and an earnings outlook change at Constellation Brands. Ceasefire…

Vĩnh Hoàn sets 14 trillion dong revenue target, plans to expand into farming

Vinh Hoan will present to shareholders a business plan with a projected consolidated net revenue of 14,000 billion dong and a net profit attributable to owners of 1,600 billion dong, while seeking to expand the business into farming. CTCP Vĩnh Hoàn (ticker: VHC, HoSE) recently published documents for the 2026…

Storage and Memory Stocks Rise on AI Datacenter Demand, Led by Micron, SanDisk, and Seagate

It’s been a stock picker’s year so far in 2026. Certain themes and categories are playing out, beating other areas of the market. One winning theme is data storage and memory companies. This is due to AI datacenter growth, which is plowing ahead at full speed, as shown in the…

SanDisk Stock Reaches Fresh Highs After Mizuho Bull Note Lifts Price Target

SanDisk Corp shares rose in morning trading, last seen up 0.8% at $858.39, after Mizuho reiterated an “outperform” rating on the storage and memory company. The firm also raised its price target on SanDisk to $1,000 from $710. Rating update and price target Mizuho’s note followed a broader set of…

FPT teams up with CAC Holdings to form UPSTRIDE, targeting a market forecast exceeding $200 billion

FPT Corporation and CAC Holdings, a Japan-based IT services provider, have announced the establishment of a joint venture, UPSTRIDE Joint Stock Company. The new company will focus on building, operating and supervising IT infrastructure, as well as deploying and developing technology products, targeting opportunities in Japan and the ASEAN region.…

At around 5:30 PM on May 5, about a day after facing significant criticism over its recruitment campaign, Oatside Vietnam issued an official reply on its Facebook page, which has about 14K followers. The company said it acknowledged discussions surrounding the recent CMO recruitment and admitted that the campaign deployment…