Why Private Equity is Betting Big on Bitcoin Miners
Core Scientific signed a 12-year, 200MW deal with CoreWeave to support AI computing, sparking significant interest from top-tier private equity...
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks
OpenAI experienced a security breach, first reported by the New York Times and hinted at by former employee Leopold Aschenbrenner.
Ex-ASML CEO Predicts Decades-Long US-China Chip Clash
Peter Wennink, the recently retired CEO of ASML, discussed the ongoing US-China chip dispute in a Dutch radio interview.
Amazon’s Data Center Deal Faces Regulatory Roadblock
Talen Energy requested U.S. regulators to dismiss a challenge to its data center deal with Amazon.
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally
Crypto investor sentiment nosedived as the widely-followed Crypto Fear & Greed Index dropped to 29, its lowest level since January...
US Economy Adds Jobs but Unemployment Surges—What Investors Need to Know
The U.S. economy added 206,000 jobs in June, surpassing the 190,000 forecast by economists polled by Reuters.
Crypto Exchange Kraken Explores Nuclear Power
Kraken, a leading crypto exchange, is exploring nuclear energy to power its data centers, driven by the anticipated boom in...
How AI Boosted Samsung’s Profits by 15 Times in Just One Quarter
Samsung Electronics Co Ltd reported a staggering 15-fold increase in its second-quarter profit, reaching 10.4 trillion won ($7.50 billion).
Japan’s GPIF Falls Behind Norway Amid Currency Woes
Japan’s Government Pension Investment Fund (GPIF) lost its status as the world’s largest pension fund due to a depreciating yen.
Wells Fargo Analysts Reveal Stock Market Winners for the Next 18 Months
The S&P 500 index surged 14.5% year-to-date in the first half of 2024, marking its third-best performance over a six-month...
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