Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
Bitcoin miners rallied as investors cheered multibilliondollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers…
AMD’s stock climbs, and a new Microsoft deal is only part of the reason
Chip stocks were broadly recovering Monday, and AMD investors are gearing up for a big product event later in the week. Source:MarketWatch
As Micron’s stock rebounds, Morgan Stanley says investors shouldn’t get spooked by the past
Memory chips remain a bottleneck to AI development and demand looks durable, Morgan Stanley analyst says. Source:MarketWatch
Nigerian president signs order on approach to crypto regulation, taxes
The West African country’s executive order established a virtual asset council and addressed the fragmentation of crypto regulation for oversight and…
Bernstein raises Robinhood price target, cites tokenization and prediction markets
The brokerage’s blockchain strategy, including tokenized equities and its Arbitrumbased Robinhood Chain, could reduce its reliance on traditional crypto…
SpaceX flirts with a further decline down the market-cap ranks
SpaceX has lost more than $1 trillion in market value since its peak, briefly landing it below Meta on the marketcap leaderboards. Source:MarketWatch
‘I never want to manage people again.’ I’m 33. Should I leave my corporate leadership role to become an assistant?
“I just don’t care about the corporate ladder.” Source:MarketWatch
Iren’s stock surges as the neocloud lands $2.8 billion worth of new deals
The AI infrastructure provider is easing anxiety over high datacenter buildout costs as it secures new customers and prepayments for chips. Source:MarketWatch
Bitcoin price hits $65K wall as stocks battle ‘record’ institutional tech sell-off
Bitcoin faced troublesome resistance at $65,000 while traders still saw a potential BTC price breakout into a “bullish market structure.” Source:Cointelegraph
IREN jumps 16% after raising AI cloud revenue target above $4B
The Bitcoin miner raised its yearend AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers.…
Detecting cyclospora is ‘notoriously difficult.’ Here’s what the FDA’s apology to Taylor Farms means.
The FDA and CDC are investigating iceberg lettuce sold by Taylor Farms to confirm the source of the cyclospora outbreak Source:MarketWatch
South Korean stocks weren’t a big deal in your emerging-markets fund. Artificial intelligence changed that.
Is your emergingmarkets fund an accidental bet on AI? Returns for these two ETFs show why it might be. Source:MarketWatch