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1. AMD crosses $1 trillion on AI-chip rally
AMD became the latest chipmaker to reach a $1 trillion valuation on Monday, closing up 9.9% at $615.52 as AI demand fever swept the semiconductor complex. The buying was broad: Intel jumped 12.1% and Arm surged 17.1% on the same AI-compute enthusiasm. With data-center spending still accelerating, investors are pricing chips as the purest play on the AI buildout.
Sources: Reuters · Morningstar
2. Meta’s Muse AI sparks compute feeding frenzy
Meta rose 5.1% to $699.39 as its new AI agent, Muse, ignited a scramble for AI compute capacity. Mizuho described a “full-blown feeding frenzy” as investors rushed to own anything tied to the coming wave of AI-agent demand. The logic is simple: if every consumer gets an AI agent, the chips and clouds behind them need a massive expansion.
Sources: Morningstar · Everhint
3. Volkswagen slashes guidance, books €10bn in charges
Volkswagen issued a profit warning late Friday, cutting its full-year guidance to an operating return on sales of up to 1% and booking roughly €10 billion in one-off charges — including a €6 billion goodwill impairment at Porsche. The shares extended their losses into Monday’s session as investors digested the scale of the writedowns and the deteriorating outlook for European autos.
Sources: Wall Street Journal · Sharecast · JQJO
4. Novo Nordisk slides 7% on strategy day
Novo Nordisk fell 6–7% Monday in a classic sell-the-news reaction to its 2030 strategy day — even though its CagriSema data beat rival Lilly’s numbers. With expectations sky-high after the obesity-drug run, good data wasn’t good enough, and investors used the event to take profits.
Sources: Everhint
5. Paramount settles, clears Warner Bros merger path
Paramount Skydance reached a settlement with California and eleven other states, removing a key regulatory obstacle to its Warner Bros merger. Clearing state-level opposition de-risks one of the year’s biggest media deals and puts the focus back on shareholder votes and the closing timeline.
Sources: Everhint
Market recap for information only — not financial advice.
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