Hive’s AI cloud unit lines up fresh financing for thousands of Nvidia chips, backed by a multiyear customer contract.
Separately, Circle cut about 5% of its workforce this year. It booked $9.1 million in restructuring costs in the quarter, ...
Bitcoin fell to $75,618 after the midterms, below its $77,994 low after the Binance hack, but quickly recovered to $80,000.
On Nov. 3, Wood’s Ark funds bought a total of 63,638 shares of Palantir Technologies Inc. (PLTR), according to Ark’s daily ...
To replace them, Air Transat is adding new routes to Lyon (LYS) in France and Barcelona (BCN) in Spain from Quebec City (YQB) ...
Phong Le says Strategy is one of America's biggest stock sellers this year. The difference is what it does with the cash.
AI businesses need not directly compete with Apple to impact its bottom line. They simply need to fight for the same chips, ...
Spak cited real demand for Rivian’s cheaper R2 vehicle as the reason for the upgrade. He also believes the company’s profit margins are close to turning positive. Based on UBS’s belief, Rivian’s ...
State Street estimates the Magnificent Seven generated 62% of the S&P 500’s return in 2023 and 53% in 2024. AI Capex has ...
Sean Hagan says a fusion startup’s claim of turning mercury into gold shows how AI-driven science could erode the scarcity ...
Adjusted operating income ​rose to $923 million, ⁠with net profit standing at $565.5 million. The earnings per share (EPS) ...
To that end, “JCPenney is doing something most retailers won’t do: revealing its holiday playbook and guiding consumers ...