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Intel's $20 billion stock sale has surprising upside
TheStreet7d agoneutral
Intel's $20 billion stock sale has surprising upside

Intel (INTC) priced a $20 billion stock offering this week, one of the largest equity raises in the history of the chip industry. Shares fell nearly 4% when the deal was first announced, the kind of sell-off dilution almost always produces, according to CNBC. But at Bank of America, longtime ...

IREN’s $100 Bull Case Hinges on a 5-10x AI Cloud Advantage
Insider Monkey7d agoneutral
IREN’s $100 Bull Case Hinges on a 5-10x AI Cloud Advantage

Iren Ltd. (NASDAQ:IREN) has been transitioning itself from being a Bitcoin miner into a major neocloud provider. The company has been leveraging its massive power infrastructure to provide AI cloud compute for tech giants such as NVIDIA Corporation (NASDAQ:NVDA) and Microsoft Corporation (NASDAQ:MSFT). No wonder one Wall Street firm believes compute scarcity and higher prices could […]

Goldman Sachs wants to turn bitcoin into a yield machine
Yahoo Finance Video7d agoneutralVIDEO
Goldman Sachs wants to turn bitcoin into a yield machine

Scott Melker discusses the Goldman (GS) deal to acquire the yield-generating ETF platform Neos rather than build out its own. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Investing.com7d agoneutral
USS George Washington heads to Middle East after record 265-day Lincoln deployment

The Wall Street Journal reported Thursday that the USS George Washington, based in Japan, is heading to the Middle East to relieve the Lincoln as part of a previously scheduled rotation. The George Washington transited the Strait of Malacca alongside guided-missile destroyers this week, according to open-source tracking data cited by the Journal.

MediaPost7d agoneutral
The $1M Advertising Drain

A study released Wednesday shows how 5% invalid traffic costs about $250,000 in cash and $750,000 in revenue losses.

Zuckerberg Reaffirms Faith In 'Open Weight' AI. Will It Pay Off For Meta Stock?
Investor's Business Daily7d agoneutral
Zuckerberg Reaffirms Faith In 'Open Weight' AI. Will It Pay Off For Meta Stock?

Meta Platforms Chief Executive Mark Zuckerberg this week stepped back into the ring as a champion for open AI models. It remains to be seen what that means for Meta stock and the social media giant's expensive push to be an AI leader. Zuckerberg published more than 6,000 words detailing his view that broad access to AI models is best for the industry's future.