Bitcoin rebounds above $81,000 as Asian chip rally spills into crypto, pepe jumps 9%
Bitcoin rose above $81,400 as Asian chip stocks rallied, with frogthemed memecoin pepe adding 9%. Source:CoinDesk
The AI boom is starting to break time-tested stock-market signals
The relationship between gold and platinum used to be a reliable stockmarket signal. Has artificialintelligence spending caused it to shortcircuit? Meanwhile,…
Kospi surges 7% as SK Hynix earnings fuel AI stock rebound
South Korean chipmakers led a broader AI recovery after SK Hynix reported a sevenfold profit surge and announced another $45 billion in shareholder returns.…
SK Hynix delivered on third-quarter results — but the outlook is what really mattered to Wall Street and the AI trade
South Korea memorychip giant says supply constraints will last through 2030. Source:MarketWatch
Retail traders buy the dip on chip stocks — but Robinhood gets burned by the crypto market
Robinhood CFO says market volatility didn’t scare traders away from buying chip stocks “that they had really done research on.” Source:MarketWatch
How Broadcom’s stock can surge and overcome ‘the biggest dislocation in the market’
Broadcom’s stock has gone nowhere this year, but an analyst thinks it and other quality chip stocks like Nvidia will soon start trading at higher valuations.…
Ripple, Robinhood expand partnership to bring RLUSD to retail and institutional markets
Ripple also expanded its collaboration with BNY on digital asset custody and partnered with C2FO to bring trade finance settlement onto the XRP Ledger.…
Luxor raises $16M from CMT Digital amid AI-Bitcoin miner convergence
Luxor aims to use the proceeds to scale its existing AI infrastructure business and expand its GPU sourcing services as global chip supply chains become…
Elon Musk issues a warning for 'AI neoclouds' as SpaceX borrows $40 billion for chips
SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers. Source:CoinDesk
Keystone says website breach exposed hardware wallet buyers’ addresses
A security researcher warned that the leaked shipping details could expose crypto holders to targeted scams and physical attacks. Source:Cointelegraph
Musk says SpaceX landed a $40 billion debt deal — and forecasts doom for some AI rivals
SpaceX is rapidly growing an AI business that rents out access to advanced chips. Source:MarketWatch
We stopped helping our neighbors with free home repairs and our friendship cooled. Who’s to blame?
“Last summer, they complained about needing to replace their roof. A few months later, they bought a new SUV.” Source:MarketWatch