Advanced Micro Devices Inc. (AMD) and Anthropic have agreed to a deal covering tens of billions of dollars’ worth of artificial intelligence servers, according to a Wall Street Journal report, in a move that could strengthen AMD’s position against Nvidia while expanding Anthropic’s computing capacity. Under the reported agreement, Anthropic will purchase up to 2
US stocks opened lower on Wednesday as weakness in semiconductor stocks and higher oil prices weighed on investor sentiment ahead of a crucial day of corporate earnings led by Alphabet, Tesla and other major technology companies. The Dow Jones Industrial Average gained 78 points, or 0.15%. The S&P 500 declined 0.12%, while the Nasdaq Composite
Pi Network has staged a notable recovery after falling to a fresh all-time low earlier this month, but the next phase of its price action may prove far more difficult. At the time of writing, PI is trading at $0.09119, down 1.9% over the past 24 hours but still 10.7% higher over the last seven
HyroTrader, a crypto prop firm headquartered in Prague, has been named Best Prop Trading Firm at the CoinGape Web3 Innovation Awards 2026. The recognition rewards the company’s exchange-connected funding model for digital asset traders and arrives as demand for funded trading accounts continues to climb across the crypto industry. The CoinGape Web3 Innovation Awards honor
Oklo Inc. (OKLO) shares moved higher on Wednesday after a report said the advanced nuclear reactor developer is joining a Trump administration-led initiative designed to accelerate the development of new power plants to support the rapid expansion of artificial intelligence data centers. According to a Bloomberg report citing a document it reviewed, Oklo and X-Energy
Rocket Lab’s stock price jumped more than 3% after the company secured a major contract from the U.S. government. RKLB climbed to $72.15, about 12% above its lowest level this month. The key question now is whether this rebound marks the start of a sustained rally or is simply another dead-cat bounce. Rocket Lab wins
Reddit (RDDT) stock has come under pressure this morning amidst reports of a high-stakes stand-off with Google over artificial intelligence (AI) data licensing and search traffic. According to The Wall Street Journal, RDDT is threatening to “block” Google from scraping its platform for AI model training as the two negotiate a renewal of their existing
IREN Ltd (IREN) shares are ripping higher this morning following a significant operational update that alleviate capital expenditure concerns and boosts the firm’s long-term financial outlook. The Australian vertically integrated data center and artificial intelligence (AI) cloud company says it has signed $2.8 billion in total contract value across new multi-year cloud services contracts. Despite
ServiceNow stock has dropped and underperformed the market this year as demand for software companies waned. NOW has dropped by 32% this year and 46% in the last 12 months, erasing billions of dollars in value. Investors are now focusing on its earnings for more cues on how it is adapting to the artificial intelligence
SpaceX (SPCX) shares continued their decline on Monday, falling about 1.25% to around $122. The stock remained well below its $135 initial public offering price. The latest decline follows a sharp selloff over recent trading sessions. Shares fell 5.4% on Friday, leaving the company with a market capitalization of about $1.60 trillion, down from approximately