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After three weeks of testimony, $134 billion in demands, and a judge who was ready to dismiss the appeal before the ink was dry, Silicon Valley's messiest soap opera is over (for now)
Strategy purchased 24,869 bitcoin last week for roughly $2 billion at an average price of $80,985 per coin, bringing its total holdings to 843,738 BTC at an aggregate cost of $64 billion. The purchase was funded almost entirely through sales of its STRC preferred stock. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Investing.com -- Tesla Inc (NASDAQ:TSLA) fell 3% Monday as the SpaceX initial public offering sparked concerns among Wall Street analysts about competition for investor capital and management attention.
Stocks, especially the AI chip sellers, got a dose of reality on Monday, losing value for a second straight day after an incredible rally this year. The Nasdaq finished down 0.5% but pared steeper losses.
Tech stocks were lower late Monday afternoon, with the State Street Technology Select Sector SPDR ET
Top cryptocurrencies fell Monday, with Bitcoin (BTC-USD) falling below the $77,000 level. The Coi
The $110 million settlement, which was mapped out last fall, requires Wells Fargo to establish a $100 million fund to provide downpayment and closing-cost assistance to eligible borrowers who live in or plan to buy a home in certain low- and moderate-income census tracts.
HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is one of the 8 Best Small Cap Data Center Stocks to Buy. On May 8, HIVE announced that its wholly owned subsidiary, BUZZ High Performance Computing, has contracted a new fiber optic network overbuild and an upgrade of the carrier transport network at its Grand Falls Data Center in […]
Meta detailed its layoff plans for this week in a memo shared with employees on Monday, saying cuts to 10% of its workforce globally would be accompanied by a new round of organizational changes aimed at improving the company's AI workflows. The Facebook owner is planning to lay off 10% of its employees on Wednesday, with notifications going out in three batches globally at 4 a.m. local time, according to the memo, seen by Reuters. In the memo, Meta's head of human resources, Janelle Gale, told employees that "many leaders will announce org changes" in coordination with the layoffs.
The clock ran out on Elon Musk’s lawsuit against OpenAI before a jury ever had time to decide whether his allegations were true.
Micron hit record highs as AI memory demand and HBM shortages fueled pricing power, with revenue and margin outlook signaling more upside.
REGN's melanoma combo misses the primary endpoint in a phase III study despite longer median PFS versus Keytruda monotherapy.
Apple (AAPL) is preparing new AI features for iOS 27 and iPadOS 27 as it looks to narrow the gap wit
Investing.com -- A U.S. jury on Monday found OpenAI not liable in a lawsuit filed by Elon Musk, who claimed the artificial intelligence company had abandoned its original mission to benefit humanity.
Company says proceeds will support expansion and technology investments
Tech stocks were lower Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XL
A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.
The legal battle between Elon Musk and OpenAI has ended in a win for the company he co-founded, following a jury decision.
IonQ (NYSE:IONQ) shares are down roughly 7%, D-Wave Quantum (NYSE:QBTS) stock is off 8%, and shares of Rigetti Computing (NASDAQ:RGTI) and Quantum Computing (NASDAQ:QUBT) are dropping 10%. No single company-specific catalyst is driving the move. All four names reported earnings over the past two weeks with strong revenue growth and bullish commentary, fueling a sector ... IonQ Falls 7%, D-Wave Dives 8%, Rigetti and Quantum Computing Inc. Plunge 9%: Quantum Stocks Crash on Profit-Taking
Elon Musk's claim that he was mistreated by his OpenAI cofounders failed after nine California jurors decided in a unanimous verdict that his lawsuits had been filed too late.
UnitedHealth's stock collapsed more than 50% in the first half of 2025. Berkshire Hathaway stepped in at the lows. The stock then rebounded 45% in nine months. And on May 15, Berkshire's 13F filing showed the position was gone. The speed of the trade and the timing of the exit tell investors ...
(Bloomberg) -- Apple Inc. is preparing a wave of artificial intelligence features for its next iPhone and iPad operating systems, including a grammar checker and new shortcut options, part of an effort to narrow the gap with capabilities available on rival devices.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as
Hims & Hers Tumbles as Convertible Note Deal Sparks Dilution Fears
Scott Melker discusses bitcoin dropping below $77,000 triggering $661 million in liquidations, Iran's 8-year crypto bypass that is now public, Strategy adding $2 billion worth of bitcoin to its holding going underwater 5% in 12 hours, and other big crypto headlines of the day. “The Daily Wolf with Scott Melker” airs on Yahoo Finance 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.
Consumer complaint adds legal risk after Supreme Court tariff ruling
The hottest corner of the AI infrastructure trade is taking a breather. Shares of Applied Optoelectronics (NASDAQ:AAOI) are down 10% in Monday midday trading, while Lumentum Holdings (NASDAQ:LITE) is off 9% and Coherent (NYSE:COHR) has slipped 6%. There’s no fresh negative catalyst tied to any single name. Instead, momentum traders appear to be cashing out ... Applied Optoelectronics Slumps 10%, Lumentum Dives 9%, Coherent Drops 6% as AI Optics Profit-Takers Strike
There may be bad news for Micron today, but if so, it lies far in the future.
TPU sales are starting to have a huge impact on Alphabet's growth rates.
LyondellBasell (LYB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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