Stock Update
JPMorgan launches its first tokenization fund on its blockchain platform
Wall Street grows bullish on tokenization
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Famed ‘Big Short’ investor is now betting against Palantir and Nvidia
Michael Burry set his sights on two of the hottest tech companies in the world
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AI stocks soar to record highs as everyday brands crash
While the S&P 500 hits record highs, consumer staples are sinking into bear market territory
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Microsoft just gave a former Bitcoin miner its biggest AI deal yet
Microsoft (MSFT) on Monday signed a $9.7-billion, multi-year GPU cloud deal with former bitcoin miner IREN Limited.
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White House can't get its story straight on who has access to Nvidia’s chips
Ban on Blackwell exports has a lot of little-known caveats
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OpenAI just got a step closer to its blockbuster IPO
Yesterday, the company entered into a $38 billion agreement with Amazon’s (AMZN) AWS that gives OpenAI access to AWS compute over the next seven years
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How Nvidia became worth more than two Canadas
Nvidia’s $5 trillion valuation has eclipsed entire nations, rewriting the limits of corporate power and showing just how much of Wall Street’s faith now rests on one company.
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‘Embrace the disruption’: Why crypto could destroy Visa and Mastercard
The Fed could become a crypto ally putting legacy payment players like Visa and Mastercard on the chopping block
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CleanSpark goes all-in on AI infrastructure strategy with data center in Texas
CleanSpark has announced that it acquired the rights to roughly 271 acres of land in Austin County, Texas
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Wall Street’s AI obsession has taken over the S&P 500, creating new risks for passive investors
Just 8% of S&P 500 stocks, mostly AI giants like Nvidia, Microsoft, and Apple, now control nearly half the index’s market value
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Powell: This isn't the dot-com bubble because AI companies have real earnings
“The investment we’re getting into equipment and all those things that go into creating data centers and feeding AI is clearly one of the biggest sources of growth in the economy,” Powell said.
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Palantir sues ex-engineers for allegedly stealing documents to create ‘copycat business’
Palantir (PLTR) on Thursday sued two of its former senior engineers, accusing them of stealing information and documents in order...
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Core Scientific shareholders reject CoreWeave’s $9B merger proposal
Core Scientific (CORZ) shareholders on Thursday voted in a special meeting to reject CoreWeave’s (CRWV) $9 billion acquisition proposal, ending...
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FuboTV’s merger with Disney’s Hulu + Live TV gets officially approved
The deal, which was announced in January and was awaiting regulatory approval, has now officially been closed, FuboTV said.
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AST SpaceMobile (ASTS) lands 10-year deal for broadband service across Saudi Arabia
Wall Street analysts have been somewhat lukewarm on AST SpaceMobile (ASTS) due to execution delays
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CoreWeave is going all in on Trump with 'CoreWeave Federal'
CRWV announced this week that it will begin focusing on delivering secure and compliant high-performance AI cloud services to US government agencies
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Max pain on fake meat: Beyond Meat’s stock frenzy sparks manipulation fears
Wealth adviser Kevin Malone says BYND’s 7.11 billion shares traded in a week and its “statistically impossible” close scream foul play
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Forget Bitcoin ETFs. IBM just gave Wall Street new way to play crypto
IBM announced this week that it has launched IBM Digital Asset Haven, a platform that allows financial institutions, corporations and governments to manage digital assets at scale.
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PayPal’s stock surges on deal with OpenAI to become ChatGPT’s first payments wallet
PayPal launched an agentic commerce services solution on Tuesday and announced a partnership with OpenAI to become the first payments wallet on ChatGPT.
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Nvidia just became too big to fail and Trump’s loving it
In case it wasn’t obvious by now, Tuesday provided the clearest example of how dominant Nvidia (NVDA) has become
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