Netflix vows to revive viewership trends, but investors hit ‘sell’ on the stock
Streaming service cites “intense competition’ and acknowledges ‘some investor concern about our view hours growth.” Source:MarketWatch
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection
Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries.…
One of this year’s most important relationships in global financial markets is falling apart
One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to figure out what it…
Why a former Intel skeptic is giving up his negative call on the stock after four years
Intel’s manufacturing and chip design have improved, according to a J.P. Morgan analyst. Source:MarketWatch
Micron and other chip stocks spring back to life after bruising selloff
It’s a key week for tech stocks as Nvidia gears up for a European conference and Meta prepares to report earnings. Source:MarketWatch
Live updates: Bitcoin tags $83,000 and slips back as chip stocks lead a rebound
Tech futures bounced after last week’s 5.5% rout, and bitcoin followed them up before sellers knocked it back. Earnings this week put the AI trade to the test…
Bitcoin mining offshoot Nscale loses Microsoft AI deal as power delay stretches into 2030s
The Nvidiabacked company planned to deliver 23,000 AI chips in the U.K. next year, but its grid connection may not be ready until the 2030s. Source:CoinDesk
Chip-stock bets lost $52 million in 10 minutes with Wall Street shut
A 10minute flush hit roundtheclock chipstock contracts while U.S. markets were shut, leaving traders with no real share price to lean on. Source:CoinDesk
Polygon sees Coinme acquisition as entry to payments sector dominated by Visa, Stripe
CEO Marc Boiron said the Coinme acquisition will help Polygon control customer relationships and capture revenue that previously went to payment…
It was another great week for the average stock as market leadership shifts away from tech
The S&P 500’s tech sector just had its worst week in a year and a half, while an equalweighted version of the index cemented a secondstraight weekly advance.…
Satoshi-era bitcoin faces a bigger quantum threat after Google’s new Willow breakthrough
Google says its Willow chip can prepare the special quantum states needed for advanced calculations with about 40 times fewer errors, reducing one of the…
Nowhere to hide: Tech selloff hits software and chip stocks alike
The software and semiconductor sectors haven’t been trading in tandem much this year, but they collectively fell Friday as AI and interestrate fears hit the…