Key Points To Watch Out For:
- Samsung shares rose 5.3% prior to Nvidia’s AI event
- Baidu rose in premarket after launching a lower-cost AI model
- Berkshire Hathaway raised its stake in five Japanese companies
Berkshire Hathaway (BRK): Expansion in Japan boosts investment
Warren Buffett’s conglomerate increased its stake in five important Japanese trading houses, with holdings of between 8.5% and 9.8% in Itochu, Sumitomo, Marubeni, Mitsubishi and Mitsui. These shares climbed at least 1.5% in Tokyo.
Shares in Samsung Electronics (KR:005930) receive boost ahead of Nvidia (NVDA) event
Samsung stock rose 5.3% in Seoul, together with other Asian Nvidia suppliers, on anticipation of the presentation of new AI chips at the company’s event.
Baidu (BIDU): AI competition boosts share price
Baidu shares rose in premarket trading following the launch of a new artificial intelligence model which, claims the company, outperforms DeepSeek in cost and performance.
Lockheed Martin shares (LMT): Review in Canada creates uncertainty
Canada’s new prime minister, Mark Carney, has called for a review of the F-35 aircraft purchase agreement with Lockheed Martin, which could have an impact on the company’s business in the country.
This week’s earnings highlights
This week financial reports are expected from large companies:
- Thursday: FedEx (FDX), Micron Technology (MU) and Nike (NKE).
- Friday: Carnival (CCL).
Investors will be attentive to the results and their market implications.
