Super Micro Computer (SMCI) shares are ripping higher this morning after the AI server specialist unveiled its Data Center Building Block Solutions (DCBBS) Blueprint optimized for next-gen architecture. As investors reacted to the update at the ISC 2026 conference in Hamburg, Supermicro soared past its 50 and 100-day moving averages (MAs), signaling bullish momentum could
Alphabet shares fell as investors assessed the departure of prominent AI researchers and broader concerns about AI spending. The stock dropped more than 6.6%, falling to $343.47 in morning trading, as the market assessed the departure of two senior AI leaders from Google’s research organizations. DeepMind loses another high-profile researcher The latest setback came after
Intel INTC shares rose 3.9% on Monday, extending gains from the previous session after President Trump said on Truth Social that Apple AAPL had agreed to work with Intel to design and build chips in the United States. The stock had already surged sharply on Thursday, closing at an all-time high of $133.99 after a
HIVE Digital (HIVE) shares soared on Monday morning as investors reacted to the firm’s recently announced pivot from BTC mining into AI and high-performance computing (HPC) infrastructure. Late last week, HIVE said its wholly owned subsidiary, BUZZ HPC, signed a massive three-year commercial contract valued at about $220 million. According to the press release, BUZZ
TAIKO, the native token of the Ethereum-based rollup Taiko, has lost 11% of its value in the last 24 hours, underperforming compared to the broader crypto market. The bearish performance comes following an exploit of the protocol that resulted in a loss of $1.7 million. The technical indicators are extremely bearish, suggesting further losses for
Living abroad opens up a world of opportunities. But for American expats, investing globally comes with a unique set of challenges. Unlike citizens of most other countries, Americans face ongoing US tax obligations no matter where they live. The investment landscape is also full of compliance traps that can turn a promising portfolio into a
US stock futures struggled for direction on Monday as investors returned from the Juneteenth break to a market caught between easing oil risks and a more hawkish Federal Reserve. Progress in US-Iran talks helped pull crude prices lower, reducing fears of a fresh inflation shock from the Middle East. But the relief was not enough
Shares of Reliance Industries Ltd rose on Monday after the conglomerate’s annual general meeting (AGM) unveiled a series of growth initiatives, including the proposed listing of Jio Platforms, artificial intelligence investments, and new energy projects. The stock rose more than 2% during the session, making it one of the top gainers on the Nifty 50.
Shiba Inu (SHIB), once one of the crypto market’s biggest success stories, is facing a prolonged downturn. The dog-themed cryptocurrency has lost more than 32% of its value this year and trades roughly 95% below its record high from the 2021 bull market. The decline reflects a broader shift in investor sentiment. During the 2020–2021
China’s low Earth orbit satellite company SpaceSail has launched a new fundraising round, according to a report by state media outlet Securities Times on Monday, as the Shanghai government-backed firm pushes ahead with its satellite deployment plans and overseas expansion. The report said the new financing round would result in a combined equity stake of