Broadcom’s stock falls despite upbeat earnings, extending a frustrating stretch for investors
Broadcom shares have gained just 6% so far this year, lagging behind the broader chip sector, which has risen 60%. The company’s outlook offered minimal upside…
How one strategist warned on semiconductor stocks within a day of their top
The chairman of JPMorgan Asset Management’s market and investment strategy warned on chip stocks within a day of their peak. Source：MarketWatch
Why Microsoft’s stock could rally another 20% even after a summer winning streak
A BofA analyst says Microsoft’s fullstack strategy and custom chips are driving superior AI economics. Source：MarketWatch
Asia sees digital asset custody infrastructure deals from Ripple, Coincheck
Ripple was among the latest blockchain companies to sign a strategic partnership to build more custody and tokenized asset management solutions for Asian…
UK’s crime agency freezes Premier League $13.5 million account in crypto crime probe
Authorities targeted funds from a $140 million sponsorship deal with crypto firm Sorare, though law enforcement confirmed no wrongdoing by the Premier League.…
This maneuver is boosting oil shipments through the Strait of Hormuz
Middle East oil producers are finding more ways to evade Iranian threats and push more of their product to market. Source：MarketWatch
Webull expands crypto trading into Canada through Coinbase collaboration
The brokerage is adding digital assets alongside stocks, ETFs and options as Canadian crypto ownership rises and regulators move toward clearer industry rules.…
Nvidia just made a $3.5 billion move that could expand its AI empire
An expanded partnership with MediaTek shows that Nvidia is interested in making its AI ecosystem compatible with the world of custom chips, a portfolio manager…
Nvidia’s revenue forecast is so huge that Wall Street wonders if SpaceX is the reason
SpaceX plans to spend tons of money on chips and recently announced it will only buy Nvidia’s. But other highprofile companies need more processing power as…
Micron’s Chinese rival just reported its first earnings as a public company — and sales are booming
CXMT, the Chinese memorychip producer, on Friday reported its first financials as a public company that showed that how much it is benefiting from surge in…
Capital B raises $24.5M for its Bitcoin treasury amid market uncertainty with BlockStream’s Adam Back chipping in
The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.…
Circle's USDC takes over Chelsea's jersey in Premier League first sponsorship deal
Financials were not disclosed, though reports from earlier this year suggested Chelsea was targeting 65 million pounds a year ($88.3 million) for the…