Ledger says 'spy' chip inside CryptoBilis Ledger devices transmitted wallet keys over mobile network
The hardwarewallet maker gave its first public account of how a covert component in devices sold by CryptoBilis could steal users’ master keys without changing…
Was Broadcom CEO bullish or bearish on AI? ‘Gamblers’ comment creates storm
The comments made by Broadcom’s CEO at a conference in Singapore have been cited as a reason for microchip stocks’ slumps on both Monday and Tuesday.…
Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chipstock contracts on crypto exchanges took a chunk of the…
Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s…
Nvidia and AMD shares fall as new AI announcements fail to re-energize investors
The chip makers introduced hardware and software designs for future AI data centers, but the revenue potential is still far out, an analyst says.…
These stocks could be the future winners — and losers — of a massive shift in IT spending
As more money flows toward AI software offerings, Salesforce could deepen its customer relationships while Adobe looks vulnerable, analysts say.…
Buy these stocks as plays on Google’s big spending, analyst says
Google Cloud is growing fast, but several chip makers and networking providers could be better ways to capitalize on that trend, according to Melius Research.…
Tokenized catastrophe bonds target the disaster-insurance gap
A planned Bermuda issuance would put legal ownership onchain and seek capital for disaster risks that remain costly to insure. Source:CoinDesk
Micron, Nvidia and AI chip stocks fall as report on OpenAI’s revenue causes ‘undue concern’
OpenAI’s annualized revenue reportedly fell short of expectations — but analysts say that reflects differences in how the figure is reported, not weakness in…
Feel like a pumpkin-spice burrito? Analysts try to wrap their heads around a possible Starbucks-Chipotle tie-up.
Starbucks investors would likely not be happy about the company adding debt to finance a deal to buy Chipotle, given that it already has a high debt load.…
Circle brings USDC, EURC payments to SAP customers through Tereina
The partnership with SAPbacked Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.…
Microsoft and Nvidia are teaming up on a supercharged AI laptop
Powered by Nvidia’s RTX Spark chip, the latest Windows laptop is designed to run AI models and workloads directly on the device. Source:MarketWatch