Samsung Electronics: AI drives stronger demand for servers and memory in the second half of the year, expects full-year profit to continue growing.

According to Reuters, Millennium Management—one of the world’s largest multi-strategy hedge funds—is in discussions to raise roughly $20 billion in new capital, a sum far exceeding its initial target and poised to become the firm’s largest fundraising round in history. The fundraising will be executed in two phases, and Millennium also plans to reallocate capital managed by external fund managers through trade swaps, a task overseen by President Ajay Nagpal. Citing a Goldman Sachs report, Reuters noted that the hedge fund industry is on track for another strong year fueled by the AI boom. In the first half of 2026, all major hedge fund strategies posted net capital inflows for the first time in five years, with quantitative funds and multi-strategy funds attracting particularly robust inflows. Millennium delivered a 10.5% return in 2025 and currently holds assets under management (AUM) of over $92 billion.

According to data from Vanda Research, retail investors logged the largest single-day net sell-off of individual stocks since the COVID-19 pandemic-triggered market crash in March 2020 on Tuesday. However, funds did not exit the stock market; instead, they simultaneously net purchased the Roundhill Memory ETF, signaling investors are shifting from individual stocks to ETF allocations to mitigate risk. Viraj Patel, global macro strategist at Vanda Research, noted that this record net sell-off was concentrated in a small number of individual stocks rather than a broad capital outflow from the overall market, reflecting that current retail investors are growing more cautious and selective rather than turning bearish on the market as a whole.

Whale 0xC8b5, who lost over $1M on each of the previous 3 trades, is taking another big loss on $SKHX. The whale went long on 37,229 $SKHX ($34.28M) yesterday and is now down $2.26M.

Institutions keep selling $HYPE! Multicoin Capital deposited another 137,100 $HYPE ($7.51M) into Coinbase Prime over the past 10 hours. Bitwise deposited another 22,463 $HYPE ($1.23M) into Coinbase 9 hours ago.

Semiconductor equipment manufacturer Lam Research (LRCX) released its latest financial results. For the fourth quarter of fiscal 2026, the company reported earnings per share (EPS) of $1.82, beating the market consensus estimate of $1.69; revenue came in at $6.72 billion, also exceeding the market expectation of $6.66 billion. The firm also issued performance guidance for the first quarter of fiscal 2027, projecting EPS in a range of $2.00 to $2.30, higher than the market forecast of $1.81; revenue is expected to be between $7.7 billion and $8.5 billion, surpassing the market estimate of $7.0 billion. Lam Research noted that AI data center construction, memory chip demand, and sustained growth in semiconductor capital expenditure remain core drivers of its business growth. Driven by the strong results and guidance, the company’s latest quarterly performance overall outperformed market expectations. As of press time, Lam Research’s U.S. stock was up 6.58% in after-hours trading.

Thinking Machines Lab co-founder Lilian Weng resigned for health reasons—including recurring illness over the past seven months and overwhelming startup pressure—only to rejoin OpenAI days later. She will lead a team focused on researching recursive self-improvement, a topic she has extensively covered in recent blog posts, which aims to leverage AI to develop more powerful systems. Weng previously served as OpenAI’s Vice President of Safety Research and head of the Applied AI Research team. She co-founded Thinking Machines Lab in early 2025 with former OpenAI CTO Mira Murati and other partners. This rapid move underscores the mobility of top AI talent between high-intensity frontier labs.