Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows
AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity.…
These nontech stocks can ride the AI build-out for years
Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence. Source:MarketWatch
Bullish shares jump 10% as Q2 adjusted EBITDA more than triples
The crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high.…
Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month. Source:Cointelegraph
These workers have charisma, confidence — and no fear of AI taking their jobs. They’re the personality hires.
Employers are looking for “coachability, curiosity, reliability and comfort asking for clarification.” Source:MarketWatch
B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth
The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers…
Kalshi in talks with Sequoia, Wellington for $750 million fund raise at $40 billion valuation
The predictionmarket platform raised $1 billion at a $22 billion valuation in May and is now discussing a new round that could nearly double that figure.…
Dell’s stock has beaten Micron and AMD this year — and now it’s adding to its gains
Shares of Dell have roughly quadrupled in price this year, with Lenovo’s earnings report helping to drive the latest bout of momentum for the PC and server…
Salesforce’s stock gets a boost as J.P. Morgan says AI fears are overblown
An analyst predicts 29% upside for Salesforce shares, citing some promising AI features. Source:MarketWatch
Figure revenue doubles as blockchain loan marketplace volumes surge
The tokenizationfocused lender posted $226 million in quarterly revenue as blockchain loan marketplace volume jumped to $4.3 billion. Source:CoinDesk
MUFG PoC to bring Japanese government bond repo transactions onchain
MUFG’s experiment plans to bring Japanese government bond repo transactions onchain to achieve 24/7 settlement, as well as improved capital and operational…
The AI boom is not just driving stocks — it’s also moving the foreign-exchange market
Interestrate differentials, inflation trends and trade balances are usually thought of as drivers of foreignexchange movement — but increasingly, the drivers…