All eyes are on Terawulf (WULF) shares this morning after the digital infrastructure firm revealed a monumental $19 billion contracted revenue deal with Anthropic. But it’s not all about WULF …
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Americans’ revolt against data centers is growing: how it could disrupt the AI trade
by adminby adminThe artificial intelligence boom has a people problem, and it is getting worse faster than most investors have noticed. While Wall Street has spent the better part of three years …
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US stock funds saw their biggest weekly exit since March, raising fresh questions about the strength of Wall Street’s rally. Investors pulled $17.2 billion from US stock funds in the …
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Tesla Inc. (TSLA) expanded its robotaxi service to Miami on Friday, extending its autonomous ride-hailing operations. The move comes as Chief Executive Officer Elon Musk increasingly emphasizes artificial intelligence, robotics, …
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IREN stock is crashing this morning, and the sell-off is being attributed primarily to Meta Platforms’ reported plans to launch a commercial cloud infrastructure business. But a deeper dive reveals …
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Investors are bailing on CoreWeave (CRWV) shares on July 1 following news that Meta Platforms (META) is building an internal cloud infrastructure business dubbed “Meta Compute”. The sell-off stems mostly …
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SpaceX (SPCX) shares are pushing higher as investors aggressively position their portfolios ahead of the aerospace titan’s highly anticipated inclusion into the Nasdaq-100 index on Jul. 7. The upcoming milestone …
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Micron Technology (MU) shares fell on Monday after South Korea unveiled plans for a massive new semiconductor investment program. Shares of Micron were down about 1% at $1,117.19 after declining …
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The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising …
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A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade. After an explosive run-up in …