AI 26 April 2026 - 8 May 2026

Waton Financial Trades Near Lows Ahead of Monday AI Platform Launch
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Waton Financial Trades Near Lows Ahead of Monday AI Platform Launch

Waton Financial closed Friday at $2.94, up 3.16% on volume of about 517,000 shares, above its recent average. The Hong Kong-based broker launched a limited beta of its AI investment tool, MoTA, for select professional investors on Monday. The stock remains below its $4 IPO price from 2025. Waton reported $6.1 million in revenue and an $8.37 million net loss for the first half of fiscal 2026.
May 30, 2026
Cloudflare’s 1,100 Job Cuts Show How Fast AI Is Rewriting Tech Work
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Cloudflare’s 1,100 Job Cuts Show How Fast AI Is Rewriting Tech Work

Cloudflare will cut over 1,100 jobs, about 20% of its staff, as it reorganizes around agentic AI. Shares fell 19% in extended trading after the announcement, despite first-quarter revenue rising 34% to $639.8 million and adjusted earnings beating estimates. The company expects up to $150 million in restructuring charges, mostly in Q2. Departing employees will receive pay through 2026 and extended healthcare.
May 8, 2026
Nvidia Bubble Question Returns After AI Chip Rally Sends Nikkei To Record High
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Nvidia Bubble Question Returns After AI Chip Rally Sends Nikkei To Record High

Japan’s Nikkei closed at a record 62,833 on Thursday, jumping 3,320 points as investors poured into AI and semiconductor stocks after the Golden Week break. The surge revived debate in Japanese media over whether Nvidia’s valuation and the broader AI-chip rally are sustainable. Local reports flagged risks of overheating and market concentration. Economist Emin Yilmaz warned that Nvidia’s market cap surpassing Japan’s GDP signals bubble-like conditions.
May 7, 2026
IREN Earnings Today: Why the AI Cloud Stock Faces Its First Big Test After Mirantis Deal
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IREN Earnings Today: Why the AI Cloud Stock Faces Its First Big Test After Mirantis Deal

IREN shares fell $1.48 to $59.50 ahead of its fiscal Q3 results, due after Thursday’s close. Analysts expect a $213 million revenue and a loss of 18 cents per share, with Zacks noting IREN has missed consensus for four straight quarters. The report follows IREN’s $625 million all-stock deal to acquire Mirantis and the activation of its 1.4-gigawatt Texas data center.
May 7, 2026
Anthropic’s 80-Fold Claude Boom Just Forced a SpaceX Deal, and OpenAI Gets an Opening
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Anthropic’s 80-Fold Claude Boom Just Forced a SpaceX Deal, and OpenAI Gets an Opening

Anthropic will use all available capacity at SpaceX’s Colossus 1 data center, adding over 220,000 Nvidia GPUs and 300 megawatts within a month, to address surging demand for its Claude AI models. The deal allows Anthropic to raise usage limits for customers and gives SpaceX a major AI client, while xAI continues on Colossus 2. Anthropic’s revenue and usage rose 80-fold year over year in Q1.
May 7, 2026
Samsung Hits $1 Trillion Market Cap as AI Chips Boom—and Galaxy Profits Feel the Squeeze
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Samsung Hits $1 Trillion Market Cap as AI Chips Boom—and Galaxy Profits Feel the Squeeze

Samsung Electronics’ market value topped $1 trillion on Wednesday as shares surged 14.4% on strong AI chip demand, pushing Seoul’s KOSPI index above 7,000 for the first time. Samsung reported record first-quarter revenue of 133.9 trillion won and operating profit of 57.2 trillion won, driven by its chip division. Foreign investors bought a record 3.1 trillion won of Korean shares.
May 6, 2026
Cognizant Layoffs: Up To 15,000 Jobs May Be At Risk As India Braces For AI Shake-Up
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Cognizant Layoffs: Up To 15,000 Jobs May Be At Risk As India Braces For AI Shake-Up

Cognizant is considering cutting 12,000 to 15,000 jobs globally, with most reductions likely in India, Moneycontrol reported, citing sources. The company has not confirmed numbers but expects $200 million to $270 million in severance costs under its Project Leap restructuring. Cognizant ended March with 357,600 employees and reported $5.41 billion in first-quarter revenue.
May 5, 2026
IBM Db2 Genius Hub Gets Google Vertex AI And Intel Gaudi Support As Enterprise AI Moves Closer To Production
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IBM Db2 Genius Hub Gets Google Vertex AI And Intel Gaudi Support As Enterprise AI Moves Closer To Production

IBM said its Db2 Genius Hub now supports Google Vertex AI and Intel Gaudi AI accelerators, expanding AI inference options for database operations across cloud and on-premises systems. The update arrives ahead of IBM Think 2026 in Boston, where CEO Arvind Krishna is set to announce further enterprise AI plans. Db2 Genius Hub already works with Amazon, Nvidia, and AMD hardware. New features will begin rolling out in June.
May 5, 2026
Goodman Group’s AI Data Centre Bet Runs Into a Sydney Deadline
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Goodman Group’s AI Data Centre Bet Runs Into a Sydney Deadline

Goodman Group’s plan for a 90-megawatt data centre at 12 Mars Road, Lane Cove, faces local opposition over height, noise, and infrastructure strain as the public comment period ends May 5. The project would demolish four warehouses for two 24-hour data centre buildings. Lane Cove already hosts or plans five data centres. Project Mars is classified as a State Significant Development under NSW planning rules.
May 3, 2026
Alphabet Earnings Beat Wall Street As Google Cloud Surge Puts Google’s AI Spending Back in Focus
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Alphabet Earnings Beat Wall Street As Google Cloud Surge Puts Google’s AI Spending Back in Focus

Alphabet posted first-quarter revenue of $109.9 billion, beating Wall Street estimates, driven by Google Cloud’s $20.03 billion result. Google advertising revenue surpassed $77.2 billion. Analysts had expected total revenue near $107 billion and Google Cloud revenue of $18.4 billion. Investors are watching for details on AI infrastructure spending in the company’s upcoming call.
April 29, 2026
Broadcom Stock Just Hit $2 Trillion. Google’s AI Chip Bet May Decide What Comes Next
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Broadcom Stock Just Hit $2 Trillion. Google’s AI Chip Bet May Decide What Comes Next

Broadcom shares slipped in premarket trading Tuesday as chip stocks fell on concerns AI spending may be outpacing demand. The company remains near a $2 trillion valuation after hitting an all-time high April 22. Broadcom reported Q1 revenue of $19.31 billion, with AI revenue up 106% year-over-year. It recently signed long-term AI chip supply deals with Google and Anthropic.
April 28, 2026
National Australia Bank’s New AI Science Team Puts NAB Jobs and May Results in Focus
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National Australia Bank’s New AI Science Team Puts NAB Jobs and May Results in Focus

National Australia Bank has launched its first AI Science team, led by George Mathews and reporting to Chief AI Officer Mahya Knox. The move comes ahead of NAB’s May 4 half-year results, as investors focus on credit quality and tech spending. NAB recently warned first-half credit impairment charges would double to A$706 million. The bank is also restructuring, with a net loss of about 170 jobs in Australia and new roles offshore.
April 28, 2026
IQE’s £81 Million Funding Deal: MACOM Investment Ends Sale Review and Targets AI Chip-Wafer Demand
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IQE’s £81 Million Funding Deal: MACOM Investment Ends Sale Review and Targets AI Chip-Wafer Demand

IQE said Monday it will raise £81 million from MACOM and existing investors, ending its strategic review and keeping the company independent. MACOM will invest £45 million, taking shares at a 58% discount and secured convertible notes. The deal requires shareholder and national security approval. IQE shares closed up 3.8% in London before the announcement.
April 27, 2026
RELX PLC’s Small Share Listing Puts Bigger AI and Buyback Test Back in Focus
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RELX PLC’s Small Share Listing Puts Bigger AI and Buyback Test Back in Focus

RELX PLC applied to admit 70,000 new ordinary shares in London under its 2023 employee share plan, with admission expected April 30. The filing comes after RELX launched a £350 million buyback tranche and secured 99.67% shareholder support for buyback authority at its annual meeting last week. The company kept its 2026 outlook unchanged and reported double-digit growth in its legal business.
April 27, 2026
ANZ’s First AI Chief Hire Puts Its Turnaround on a Bigger Clock
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ANZ’s First AI Chief Hire Puts Its Turnaround on a Bigger Clock

ANZ has appointed Kai Yang from HSBC as its first chief data and artificial intelligence officer, with Yang set to start in Sydney in July. The hire comes days before ANZ’s May 1 half-year results, a key moment for CEO Nuno Matos’ restructuring efforts. Yang will report to Chief Information Officer Donald Patra. ANZ is the last of Australia’s big four banks to create a senior AI oversight role.
April 26, 2026
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Stock Market Today

  • Bank of Queensland Shares Valuation Update May 2024
    May 30, 2026, 5:54 PM EDT. Bank of Queensland Limited (BOQ) shares are under scrutiny as investors assess their value in May. BOQ's price-earnings (PE) ratio stands at 15.3x against the banking sector average of 18x, indicating potential undervaluation. Using sector-adjusted PE valuation, BOQ shares could be worth around $7.39, compared with the current price of $6.26. The dividend discount model (DDM), which values shares based on expected future dividends, also supports BOQ's valuation due to the bank's stable dividend history. However, as with all bank stocks, returns are not guaranteed despite implicit political protections against collapse. Investors should consider multiple valuation methods alongside sector comparisons before making decisions.