markets

J. Edward Moreno6/27/25

Hims recovers some of its losses after filling out C-suite

Hims & Hers rose more than 10% Friday morning after the company revealed a new addition to its C-suite, cutting some of the losses following a messy breakup with Novo Nordisk.

Hims announced Thursday that it hired Dheerja Kaur as its first chief product officer. Kaur was previously vice president of product at Robinhood and oversaw operations at Sherwood Media as part of her remit. (Sherwood Media is an editorially independent subsidiary of Robinhood Markets Inc.)

Retail traders were quick to buy more Hims stock during the recent dip, and hiring this new executive might give them another reason to believe the company will get through the rough patch better than expected. In May, Hims hired Mo Elshenawy as its chief technology officer and Nader Kabbani as its chief operations officer.

The stock tanked more than 30% on Monday after Novo announced that its partnership with Hims was over. The partnership was not a revenue driver for Hims, but investors saw it as a protection from litigation risk and a potential sign of future collaboration with the drugmaker.

The stock is now up 20% since its Monday dip, but still down about 15% from before Novo made the announcement.

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Futures surge, oil tumbles after President Trump agrees to two-week ceasefire

S&P 500 futures rose 2%, WTI futures tumbled double digits.

President Trump Addresses The Nation On The Conflict In Iran

Tasha Matsumoto

Stocks eke out gain ahead of tonight’s deadline for Iran to reopen the Strait of Hormuz

Traders were jittery ahead of the looming deadline, while President Trump posted on Truth Social that “a whole civilization will die tonight” if an agreement is not reached.

Bull with Nose Ring

Anthropic is releasing its new model to select companies to get a head start on cyber defense

Fortune reported that the Claude developer would be doing this in late March.

Co-founder and CEO of Anthropic, Dario Amodei

Stocks sink and oil spikes as traders price in enduring, worsening Mideast war

Stocks and oil are building in more risk premium to deal with the perceived increased probability of a more drawn-out disruption to global energy supplies and shipments.

WH Briefing Iran 4/6/26

markets

Matt Phillips15h

Samsung’s massive Q1 fails to lift Sandisk, other data center plays

Almost all memory stocks slipped Tuesday, despite getting a positive update on the massive flood of money pouring into the sector from the AI build-out, as the potential escalation of the US war with Iran Tuesday evening overshadowed Samsung’s blowout numbers.

Korean chip giant Samsung Electronics reported preliminary Q1 results showing operating profit up by 755% compared to Q1 2025, trouncing pretty elevated expectations for a gain of about 550%.

Samsung is the world’s largest producer of NAND and DRAM chips. Once considered low-value commodity inputs to tech products, NAND and DRAM prices have exploded over the last six months amid a hyperscaler scramble to secure chips that can manage the surfeit of data produced by AI.

The same dynamics have made memory plays like Sandisk, Western Digital, and Micron some of the best-performing stocks in the S&P 500 over the last 12 months.

But other than Seagate Technology Holdings, those stocks were down Tuesday as of 11:15 a.m. ET, as the surge in oil prices and ongoing war with Iran muted much of the AI data center trade excitement. Bellwethers like Nvidia and hyperscalers like Oracle and Meta were struggling early, as were data center input makers like Corning and Coherent, AI power plays like GE Vernova, Vertiv Holdings, and even hard-hat builders of the shells that house all those AI servers.

On the other hand, some so-called optical stocks — makers of fiber-optic connections that quickly shift data between users, hyperscalers, and all around data centers themselves — were up. Lumentum and Arista Networks, two popular optical stocks, were showing resilience.

Samsung flags eightfold jump in quarterly profit as AI chip demand pumps prices

Samsung flags eightfold jump in quarterly profit as AI chip demand pumps prices

Samsung is the world’s largest producer of NAND and DRAM chips. Once considered low-value commodity inputs to tech products, NAND and DRAM prices have exploded over the last six months amid a hyperscaler scramble to secure chips that can manage the surfeit of data produced by AI.

The same dynamics have made memory plays like Sandisk, Western Digital, and Micron some of the best-performing stocks in the S&P 500 over the last 12 months.

But other than Seagate Technology Holdings, those stocks were down Tuesday as of 11:15 a.m. ET, as the surge in oil prices and ongoing war with Iran muted much of the AI data center trade excitement. Bellwethers like Nvidia and hyperscalers like Oracle and Meta were struggling early, as were data center input makers like Corning and Coherent, AI power plays like GE Vernova, Vertiv Holdings, and even hard-hat builders of the shells that house all those AI servers.

On the other hand, some so-called optical stocks — makers of fiber-optic connections that quickly shift data between users, hyperscalers, and all around data centers themselves — were up. Lumentum and Arista Networks, two popular optical stocks, were showing resilience.

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