Live updates: Bitcoin tags $83,000 and slips back as chip stocks lead a rebound
Tech futures bounced after last week’s 5.5% rout, and bitcoin followed them up before sellers knocked it back. Earnings this week put the AI trade to the test…
Bitcoin mining offshoot Nscale loses Microsoft AI deal as power delay stretches into 2030s
The Nvidiabacked company planned to deliver 23,000 AI chips in the U.K. next year, but its grid connection may not be ready until the 2030s. Source：CoinDesk
Chip-stock bets lost $52 million in 10 minutes with Wall Street shut
A 10minute flush hit roundtheclock chipstock contracts while U.S. markets were shut, leaving traders with no real share price to lean on. Source：CoinDesk
Polygon sees Coinme acquisition as entry to payments sector dominated by Visa, Stripe
CEO Marc Boiron said the Coinme acquisition will help Polygon control customer relationships and capture revenue that previously went to payment…
It was another great week for the average stock as market leadership shifts away from tech
The S&P 500’s tech sector just had its worst week in a year and a half, while an equalweighted version of the index cemented a secondstraight weekly advance.…
Satoshi-era bitcoin faces a bigger quantum threat after Google’s new Willow breakthrough
Google says its Willow chip can prepare the special quantum states needed for advanced calculations with about 40 times fewer errors, reducing one of the…
Nowhere to hide: Tech selloff hits software and chip stocks alike
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interestrate fears hit the…
Microsoft wants to make AI cheaper. Will investors actually see the savings?
Microsoft is betting that its custom chips can lower costs, but the AI equation is more complicated than that. Source：MarketWatch
Scammer gets scammed in Ledger spy-chip exploit, loses almost $5 million in bitcoin
Chainalysis says a fraudster who tricked people through fake online jobs became one of the biggest victims of the compromised hardware wallets. Source：CoinDesk
Bitcoin buyers snap up a brief drop below $80,000 as Asian stocks rebound
Bitcoin tore back to $82,500 within two hours of dipping under $80,000, and chipmakers in Seoul recovered from their worst close since April. Source：CoinDesk
Don’t ditch tech stocks just yet. Make these moves to take advantage of the latest AI reset.
Investors have a ‘lovehate relationship’ with tech stocks now — and experts recommend selectively hunting for bargains while also betting on the major cloud…
Micron, Nvidia and other chip stocks face renewed pressure as AI fears swell
Reported details about Anthropic’s financial progress are adding to concerns about the health of the AI ecosystem. Source：MarketWatch