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Google could get a stake in TeraWulf's $19B AI project
Markets

Google could get a stake in TeraWulf's $19B AI project

A $19 billion data-center deal reportedly lets Google buy into the project if Anthropic fails to pay its rent.

Mia Chen· ·2 min read
AI chip stocks bounce after global rout, but bubble fears linger
Markets

AI chip stocks bounce after global rout, but bubble fears linger

A Friday rebound gave AI chip stocks some relief after a historic selloff, yet the bigger question is whether politics and rising debt could turn a correction into something worse.

Sofia Marek· ·2 min read
Texas election adds a new risk to bitcoin miners' AI pivot
Markets

Texas election adds a new risk to bitcoin miners' AI pivot

Wall Street is reassessing the AI data center boom as power access and construction permits in Texas get less certain for miners shifting into AI.

Alex Rivera· ·2 min read
Bitcoin and crypto stocks slide with the AI trade, but hold up better
Markets

Bitcoin and crypto stocks slide with the AI trade, but hold up better

A post-election rally faded fast as AI stocks plunged, yet crypto held up better than equities despite roughly $1 billion in liquidations.

Sofia Marek· ·2 min read
Bitcoin gives up its election rally as AI stocks sell off
Markets

Bitcoin gives up its election rally as AI stocks sell off

A sharp Thursday reversal in AI stocks dragged crypto lower and wiped out bitcoin's post-election gains.

Daniel Okoro· ·2 min read
American Bitcoin swings to profit on a $197M Bitcoin holdings gain
Markets

American Bitcoin swings to profit on a $197M Bitcoin holdings gain

The Hut 8-backed, Trump-linked miner flipped a second-quarter loss into a profit, and most of the improvement came from the value of the Bitcoin it holds.

Daniel Okoro· ·2 min read
S&P 500 Falls 3.8% a Day After Trump Touts Record Highs
Markets

S&P 500 Falls 3.8% a Day After Trump Touts Record Highs

AI stocks pulled Wall Street sharply lower on Thursday, and talk of emergency trading halts is back.

Daniel Okoro· ·2 min read
Bitcoin Hands Back Its Election Rally as AI Stocks Slide and Longs Get Wiped Out
Price Analysis

Bitcoin Hands Back Its Election Rally as AI Stocks Slide and Longs Get Wiped Out

Bitcoin fell nearly 5% as AI stocks sank and Democratic midterm wins raised policy questions, with $428 million in crypto longs liquidated.

Alex Rivera· ·2 min read
Riot's $28B Corsicana AI lease gives Anthropic a say on power cuts
Markets

Riot's $28B Corsicana AI lease gives Anthropic a say on power cuts

A binding deal covering a planned 910 MW at Riot's Corsicana site ties rent to future delivery and limits when the miner can curtail power voluntarily.

Mia Chen· ·2 min read
American Bitcoin posts $126M profit but misses on revenue
Markets

American Bitcoin posts $126M profit but misses on revenue

The Trump-linked miner swung to a big third-quarter profit, yet revenue of $63.4 million came in under analyst forecasts.

Mia Chen· ·2 min read
Tech Stocks Split After Democratic Sweep: Microsoft Up, Nvidia Down
Markets

Tech Stocks Split After Democratic Sweep: Microsoft Up, Nvidia Down

Microsoft and Alphabet jumped while Nvidia and Tesla sank, as investors rethink how Washington might treat AI and Big Tech.

Sofia Marek· ·2 min read
Prediction Markets Are Betting on a Democratic Sweep in the Midterms
Markets

Prediction Markets Are Betting on a Democratic Sweep in the Midterms

With polls about to close across the U.S., prediction market bettors are increasingly pricing in Democratic control of both the House and the Senate.

Alex Rivera· ·2 min read