Dell Stock Soars Over 39% Pre-Market After AI Server Revenue Blows Up 7x in Q1
On May 29, right before the U.S. stock market opened, Dell (NYSE:DELL) shares surged more than 39% to $441 a pop—setting the stage for a potential all-time high once trading kicks off. The stock had already been riding the AI wave, closing the previous session at $317.05 and pushing the company’s market cap past $200 billion. Since the start of the year, Dell’s shares have more than doubled, gaining 102%, with a 115.53% rally over the past three months. After this pre-market jump, Dell’s total value is set to blow past $280 billion.
Tesla Breaks Ground on a Dedicated Optimus Robot Factory, Targeting Annual Capacity of Up to 10 Million Units
Reports say Tesla has officially started construction on a factory inside its Gigafactory in Texas that’s exclusively for its Optimus humanoid robots. The planned annual production capacity? Up to 10 million units. This facility will feature a second-generation production line, with mass production slated to begin in the summer of 2027. Once fully operational, it’s expected to churn out roughly 27,000 robots a day.
Samsung Leads Global TV Market with Nearly 17% Share, but TCL Is Gaining Faster
On May 29, market research firm Counterpoint Research dropped its data for the first quarter. It shows Chinese TV makers are rapidly eating into Samsung’s lead, narrowing the gap big time.
Samsung saw its TV shipments grow 8% year-over-year in Q1, with global market share climbing from 16.1% to 16.8%—a bump of 0.7 percentage points. Meanwhile, China’s TCL, sitting in second place, saw its shipments jump 22%, pushing its share from 12% to 14.1%. The gap between Samsung and TCL has shrunk from 4.1 percentage points a year ago to just 2.7 points now.
Breaking it down by product, Samsung made big gains in white OLED TVs, but since OLEDs still ship in much smaller volumes than LCDs, the overall growth boost was limited. TCL, on the other hand, saw growth across all its TV lines, with Mini LED LCD TVs being the main driver.
Didi Responds to Driver Who Spent $1,000 on New Seats After a Passenger Pooped in the Car
On May 29, @Didi Chuxing addressed the viral story about a driver who had to shell out 1,000 RMB—roughly $140—to replace his seats after a passenger left a mess inside the car. According to Didi, the incident happened early on May 27, and it was a ride booked by someone else for the actual passenger. After the passenger got out, driver Chen found the back seats and floor mats covered in feces, making the car unusable. Chen immediately called the police and flagged the issue to the platform.
Once we got the report, we reached out to both Chen and the person who placed the ride order, hoping to get them to apologize and cover the damages. But the person who booked the ride said they don’t know the actual rider and can’t get in touch. Chen’s car is still in the shop, and we’re cooperating with the police to help sort things out.
Given the damage and the hassle Chen went through, we’ve decided to cover the cost of replacing the seats and cleaning the car. Plus, we’re giving him some extra financial support to help him get back on the road and start earning again as soon as possible.
IBM Plans to Invest Over $10 Billion, Aiming to Build a Large-Scale Quantum Computer by 2029
On May 28, local time, IBM announced it’s putting more than $10 billion into quantum computing over the next five years. The goal? To build the world’s first large-scale quantum computer by 2029—one that can run complex calculations reliably and without errors. IBM also said it’s already deployed over 90 quantum computing systems, more than all other industry players combined.
Hesai Technology and Six Other Tech Stocks Added to HKEX’s Tech 100 Index
Hong Kong Exchanges and Clearing Limited (HKEX) announced the semi-annual reshuffle of its Tech 100 Index. Seven tech stocks, including Yangtze Optical Fibre and Cable, Deepu Technology, Converge Technology, and Hesai Technology, are being added, while seven others are being removed. The changes will take effect after the market close on Friday, June 12, and will be effective from Monday, June 15.
Douyin Says It’s Helped Authorities Nab 162 Suspects in Cybercrime Crackdown Since the Start of the Year
On May 29, Douyin (the Chinese version of TikTok) issued a statement on its ongoing fight against online fraud and black-market operations. To keep the platform clean and protect users, Douyin has been cracking down on all kinds of illegal content. As enforcement gets tougher, cybercriminals are getting more sophisticated—cross-border operations, better concealment, and organized networks. Some bad actors use multi-platform jumps, VPNs, and coded language to push porn and gambling, buy and sell accounts, generate fake traffic, and more. Douyin says it’s stepped up detection and is seriously punishing violators. For criminal cases, it’s gathering evidence and reporting to authorities. Since January, the platform has helped police arrest 162 suspects involved in cybercrime.
Huawei’s Watch X1 Series Goes on Sale
On May 29, Huawei announced that its new Watch X1 series, dubbed the “supernova” smartwatch, is now available for purchase. The device runs HarmonyOS 6, supports global connectivity, and can keep tracking your location for up to five days even when offline or powered off. In certain malls, airports, and train stations, it can even show floor and store info. The standard model is priced at 1,598 RMB (about $220), while the Pro version goes for 2,298 RMB (around $320).
