Andrei Popescu

Andrei Popescu

Andrei Popescu is a financial markets journalist and author for Crypto Daily, specializing in the S&P 500, U.S. equities, and macroeconomic market analysis. He covers Wall Street trends, corporate earnings, Federal Reserve policy, AI-driven market performance, and the economic forces shaping the U.S. stock market. By translating complex financial data into clear, actionable insights, Andrei helps investors and readers understand the key drivers behind the S&P 500 and broader global markets.

Stories By Andrei Popescu

Oracle Stock Jumps as AI Cloud Backlog Reaches $664B

Oracle Stock Jumps as AI Cloud Backlog Reaches $664B

Oracle shares rose nearly 8% after-hours after the company reported more than $30 billion in AI cloud contracts and a $6...

in Stocks by Andrei Popescu
ACV Auctions Stock Surges 44% After Copart Agrees $1.9B Takeover

ACV Auctions Stock Surges 44% After Copart Agrees $1.9B Takeover

ACV Auctions climbed 43.78% after hours after Copart agreed to buy the company for $10.50 a share in cash, valuing the t...

in Stocks by Andrei Popescu
Navan Stock Drops 17% Despite Revenue Beat and Raised Forecast

Navan Stock Drops 17% Despite Revenue Beat and Raised Forecast

Navan shares fell about 17% in extended trading after rising operating costs overshadowed a fiscal Q2 revenue beat and h...

in Stocks by Andrei Popescu
DeepSeek Taps CITIC Securities for Shanghai IPO

DeepSeek Taps CITIC Securities for Shanghai IPO

DeepSeek has hired CITIC Securities for a potential Shanghai STAR Market IPO, Reuters reported, though deal timing, size...

in Stocks by Andrei Popescu
ASML Plans Larger High-NA EUV Chips for Nvidia-Scale AI Processors

ASML Plans Larger High-NA EUV Chips for Nvidia-Scale AI Processors

ASML plans High-NA EUV adaptations for larger AI processors as Nvidia’s roadmap points to silicon needs rising from 2.5...

in Stocks by Andrei Popescu
Qualcomm Lands Up to $60B Amazon AI Chip Deal as QCOM Stock Rises

Qualcomm Lands Up to $60B Amazon AI Chip Deal as QCOM Stock Rises

Qualcomm shares rose more than 5% after Amazon received a warrant tied to up to $60 billion in Qualcomm purchases for AW...

in Stocks by Andrei Popescu
Dangote Refinery Signs $1.63B IPO After $1.82B First-Half Profit

Dangote Refinery Signs $1.63B IPO After $1.82B First-Half Profit

Dangote Refinery signed documents for a proposed $1.63 billion IPO, following reported first-half net income of $1.82 bi...

in Stocks by Andrei Popescu
Longsys Raises $903M in Hong Kong IPO as AI Memory Demand Surges

Longsys Raises $903M in Hong Kong IPO as AI Memory Demand Surges

Longsys raised HK$7.08 billion ($903 million) in its Hong Kong IPO as first-half profit surged on AI-driven memory deman...

in Stocks by Andrei Popescu
Moonshot AI Files Confidentially for Hong Kong IPO

Moonshot AI Files Confidentially for Hong Kong IPO

Moonshot AI has reportedly filed confidentially for a Hong Kong IPO, with sources saying the Chinese AI firm aims to rai...

in Stocks by Andrei Popescu
Foxconn August Revenue Hits $29.2B as AI Server Demand Accelerates

Foxconn August Revenue Hits $29.2B as AI Server Demand Accelerates

Foxconn reported NT$921.77 billion in August 2026 sales, up 51.98% year on year, as AI server-rack demand supported clou...

in Stocks by Andrei Popescu