Super Micro’s Co-Founder Allegedly Smuggled $2.5 Billion in Nvidia Chips to China

If you thought Super Micro Computer had already used up its nine lives, think again. Federal prosecutors in Manhattan just unsealed an indictment charging SMCI co-founder Wally Liaw — a board member who controls $464 million worth of company stock — with running a "brazen" scheme to divert $2.5 billion worth of Nvidia-powered AI servers to China. Two other associates, Steven Chang and Willy Sun, were also charged. Liaw was arrested Thursday in California. Chang is on the run. The alleged scheme ...
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Buffett Finally Gets It: Why He’s Betting Big on Google

So Warren Buffett—the guy who's spent decades saying tech stocks confuse him—just dropped $4.3 billion on Alphabet. Yeah, *that* Buffett. The one who famously avoided tech like it was a penny stock pump-and-dump scheme. Here's what happened: In Q3 2025, Berkshire Hathaway quietly loaded up on 17.8 million shares of Alphabet (Google's parent company), making it about 1.6% of their massive $267 billion portfolio. And the market noticed. Alphabet stock jumped 5% the day after the filing went public. **Why Now? Why ...
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The Great Flip: Why AI Just Made Your Software Stocks Obsolete (And What to Buy Instead)

Here's the plot twist nobody saw coming: the technology that was supposed to supercharge the digital economy just broke it. For four decades, America bet everything on software. We shipped factories overseas, told two generations that prosperity lived on a screen, and built an economy where Apple, Microsoft, Google, Amazon, and Meta became the foundation of American wealth. By 2025, tech companies made up 30% of the S&P 500. It was a beautiful run. Then AI showed up and started making software.. ...
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The Stock Market’s Toxic Trifecta: Why Wall Street Is Sweating

Remember when the stock market was just vibing? Yeah, those days are over. The S&P 500 is now flirting with what Piper Sandler's analysts are calling a "tipping point"—which is Wall Street speak for "things might get messy." Here's the deal: The market briefly dipped below 6,600 this week, and that number matters more than it should. It's the S&P 500's 200-day moving average, and when you break below that, it's like your car's check-engine light finally coming on after you've ...
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When Your Cofounder Gets Arrested, Your Stock Gets Obliterated: The Super Micro Computer Disaster

Here's a fun fact nobody wants to learn about their company: if your cofounder gets arrested for allegedly smuggling AI chips to China, your stock price doesn't just dip—it nosedives 27% before the market even opens. Welcome to Super Micro Computer's Friday morning. Yih-Shyan "Wally" Liaw, one of the company's cofounders, was arrested along with two others for allegedly orchestrating an illegal scheme to ship US-assembled servers packed with Nvidia AI chips directly to China. We're talking about violating US export ...
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Five Below Just Crushed Earnings — And the Stock Is Up 181% in a Year

In a market obsessed with recession fears and tariff anxiety, Five Below just delivered the kind of earnings report that makes bears look silly. The teen-focused discount retailer posted Q4 revenue of $1.73 billion, up 24.3% year-over-year, with comparable sales surging 15.3%. Earnings per share came in at $4.31, up from $3.48 a year ago. The stock rallied after hours and has now gained 181% over the past 12 months. Read that last number again. A discount retailer — not an ...
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Ozempic’s Patent Expires This Weekend — Here’s Who Wins and Loses

Novo Nordisk is about to have a very bad weekend. The Danish pharma giant's patent on semaglutide — the active ingredient in both Ozempic and Wegovy — expires Saturday in India, China, and several other heavily populated countries. Generic versions are expected to hit Indian pharmacies almost immediately, with Canada, Brazil, Turkey, and South Africa following in the coming months. We're talking about generic versions of one of the most commercially successful drugs in history becoming available to billions of people ...
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The AI Memory Crisis Nobody Saw Coming — And It’s Getting Worse

Everyone's been obsessing over GPU shortages for the past two years. But the real chokepoint in the AI revolution isn't the processors — it's the memory chips that feed them. And right now, the shortage is so severe that Silicon Valley executives are reportedly camping out in South Korean hotels, literally begging for DRAM allocation. They've even earned a nickname: "DRAM beggars." Micron Technology (MU) has been the most visible beneficiary of this crisis. The stock is up 63% in 2026 and ...
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