Stocks trending on X right now

BlackRock reportedly increased its $ASTS position to over 5.4%, triggering a 13G filing. Concurrently, the company secured S-band spectrum authorization in Brazil, expanding its international connectivity footprint.

Western Digital reports earnings Thursday, following Seagate's beat-and-miss reaction. JPMorgan projects NAND prices up 18%, while peers show mixed technical setups and valuation gaps.

Seagate reported record Q1 revenue of $4.23B and EPS of $7.68, beating estimates, with Q2 guidance significantly above consensus. Despite the strong results, the stock reportedly fell approximately 6% in after-hours trading, suggesting high expectations or sector-wide pressure.

Bank of America reportedly arranges first-lien debt for Broadcom's $63B Anthropic AI chip financing, with banks initially hesitant due to rising rates and AI exposure risks.

TSMC reportedly plans to raise CoWoS advanced packaging prices by 10-20% as demand spreads from GPUs to CPUs and ASICs. Supply chain sources indicate buyers have stopped negotiating, with equipment lead times stretching to eight months.

Goldman Sachs reportedly served as lead underwriter for Meta's $95B stock raise, structured SpaceX's $40B financing, and is Anthropic's IPO bookrunner. The firm is reportedly central to $210B+ in AI-related capital formation.

Cerebras and Oracle announced a partnership to bring high-speed AI inference systems to Oracle Cloud Infrastructure starting in 2027, expanding Cerebras' enterprise distribution channels.

Lam Research reportedly cites a 250-fold increase in average weekly AI token usage over the past 18 months, highlighting surging demand for its semiconductor equipment.