The technology sector, which had been enjoying a huge AI boom, saw a bloodbath on Monday, triggered by the emergence of DeepSeek, a China-based artificial intelligence (AI) startup that threatens to disrupt...
Bitcoin surged past $105,000 on Friday, marking a significant milestone in the new year. This rally, fueled by reports that President-elect Donald Trump may prioritize cryptocurrencies as a "national priority,"...
With strong backing from Nvidia and a $5B Ellendale deal, Applied Digital is attracting retail investor optimism about its AI and hyperscaler-focused expansion.
Applied Digital’s revenue grew 51% year-over-year, driven by the continued growth of its cloud services business due to the deployment of additional GPU clusters.
Wall Street offered a solid performance in the past three months. The S&P 500-based exchange-traded fund (ETF) SPY added 4%, QQQ returned 7% and DIA added 1.8% in the past three months (as of Jan. 7,...
However, the company’s Bitcoin production fell by 2% to 890 BTC due to a minor drop in mining luck, dampening retail sentiment.
The data center operator plans to deploy clusters of Nvidia H100 and H200 GPUs to enhance its artificial intelligence and high-performance computing infrastructure.
MicroStrategy MSTR, the world’s largest Bitcoin hoarder, is set to join the Nasdaq 100 index on Dec. 23. The move will offer the cryptocurrency more exposure in the tech-heavy market. The stock is often...
MicroStrategy stock rode the rally in Bitcoin, which came close to breaking above the $100,000 psychological resistance on Nov. 22.
Wall Street surged last week, marking strong weekly gains as market watchers raised its expectations for a significant interest rate cut by the Federal Reserve. The S&P 500 gained 0.5%, while the tech-heavy...