The Ant Group restructuring and a $2.8 billion anti-monopoly fine for Alibaba removed a major source of uncertainty for investors in the e-commerce giant.
Read more: Alibaba shares rise 2% after Beijing orders Ant Group to revamp business
Amazon and Google have seen gains from services corporate workers can use to access their applications. Google has an app for that, but it’s for Googlers only.
Read more: Google could match Amazon and Microsoft with virtual desktop tool but keeps it for employees only
Nvidia said that its chips could to be hard to find through the end of the year.
Read more: Nvidia stock rises as it sees better-than-expected first quarter
Monday’s report says that PC sales are “historically” strong at the moment and that a work-from-home PC sales boom may not end as offices and schools reopen.
Read more: The PC market just had its best Q1 since 2015 and fastest growth in 20 years
Nvidia said that its Grace chips would use the ARM instruction set, which differs from the x86 instructions at the heart of Intel processors.
Read more: Intel stock drops after Nvidia announces server chip
Alibaba was fined 18.23 billion yuan ($2.8 billion) by Chinese regulators as a result of an anti-monopoly investigation.
Read more: Alibaba shares jump 8% after being hit with .8 billion fine in anti-monopoly probe
A global semiconductor shortage and tensions with China have bolstered U.S. scrutiny of the supply chain and created a drive to regain leadership.
Read more: How Asia came to dominate chipmaking and what the U.S. wants to do about it
Buying Nuance could bolster Microsoft’s assets in voice software, where it already has technology for developers.
Read more: Microsoft in advanced talks to buy Nuance for about billion, announcement could come Monday
Topps’ announcement this week that it plans to go public through a SPAC puts the company at the center of three emerging investment trends.
Read more: How baseball card mania is colliding with NFT boom to revive Topps and change the game for dealers