Ask Google who will win the Senate on Tuesday and there's a good chance the answer comes with a price attached. CasinoReviews.net, a gambling review site, checked 140 mobile Google results pages across 14 US cities on October 15 and 16. On the 112 pages for everyday forecast searches such as "election forecast" and "midterm polls," Polymarket or Kalshi showed up on page one … [Read more...] about Kalshi and Polymarket Show Up in Half of Google Midterm Forecast Searches, Including in States That Ban Election Betting
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Sandisk SNDK Fiscal Q1 2027: Receivables Rose $1.9 Billion on a $2.1 Billion Revenue Gain
Sandisk reported fiscal first quarter 2027 revenue of $11.03 billion on Thursday, up 23% from the June quarter and 378% from a year ago, against guidance of $10.3 billion to $10.8 billion and consensus near $10.7 billion. Non-GAAP gross margin was 85.1%, non-GAAP operating margin 80.4% and non-GAAP EPS $49.51 against roughly $47 expected. All of that was priced before the … [Read more...] about Sandisk SNDK Fiscal Q1 2027: Receivables Rose $1.9 Billion on a $2.1 Billion Revenue Gain
The Bull Case for Marvell Buying Lumentum Is Owning the AI Laser Bottleneck
Marvell fell more than 8% after hours on reports that it is in advanced talks to buy Lumentum, while Lumentum jumped about 10%. That is the market's reflex for any large deal likely paid partly in stock. It prices the dilution on day one and leaves the strategy for later. The strategy here deserves a price now. Every AI cluster that grows past a single rack runs on light. … [Read more...] about The Bull Case for Marvell Buying Lumentum Is Owning the AI Laser Bottleneck
SK Hynix Posts a 79.7 Percent Margin and Pays Out 100 Trillion Won as It Calls the Memory Shortage Through 2030
Nine days ago the question on this site was whether the KOSPI's October collapse was a buying opportunity or the start of a longer rethink of the AI trade. SK Hynix answered part of it on Wednesday. Third-quarter revenue came in at 104.6 trillion won, the first quarter above 100 trillion in the company's history and up 328% from a year ago. Operating profit was 83.3 trillion … [Read more...] about SK Hynix Posts a 79.7 Percent Margin and Pays Out 100 Trillion Won as It Calls the Memory Shortage Through 2030
Leveraged Semiconductor ETFs Lose Money in Sideways Markets, Here Is the Math
Between the close on August 19 and the close on October 14, 2026, the iShares Semiconductor ETF (SOXX) went from $519.67 to $519.42. Thirty-nine trading sessions, a climb to $589 in early October and a slide back, and the chip index ended where it started. Over the same stretch the Direxion Daily Semiconductor Bull 3X (SOXL) lost about 8.4% and its mirror image, the Direxion … [Read more...] about Leveraged Semiconductor ETFs Lose Money in Sideways Markets, Here Is the Math