FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. Source：Cointelegraph
Why Ciena, Lumentum and other optical stocks were among the market’s biggest losers on Monday
The sharp moves could partly be a reaction to recent cautious commentary on AI spending. Source：MarketWatch
Meta is back on the AI leaderboard with its new family of Wonder models
The company’s stock was up more than 3% following the release of Muse Wonder and Muse Wonder Full, which analysts expect to drive new business opportunities.…
Crypto PACs report $2.7M spending blitz on House races as midterms loom
With just 22 days until the US midterm elections, a cryptoaligned committee has announced another major ad expenditure to support “procrypto” candidates in…
US accounting overhaul could make stablecoins more attractive to corporations: Tempo
A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens…
Trump’s ‘energy ceasefire’ collides with real-world problems of dwindling fuel supplies
Oil markets were struggling on Monday to gauge how President Donald Trump’s new declaration of an “energy ceasefire” between Russia and Ukraine might help…
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major…
These stocks could be the future winners — and losers — of a massive shift in IT spending
As more money flows toward AI software offerings, Salesforce could deepen its customer relationships while Adobe looks vulnerable, analysts say.…
Buy these stocks as plays on Google’s big spending, analyst says
Google Cloud is growing fast, but several chip makers and networking providers could be better ways to capitalize on that trend, according to Melius Research.…
Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices. Source：Cointelegraph
Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet
The Palantir UK chief said the U.S. is racing ahead on enterprise AI while Europe hesitates, and explained why he thinks the company faces intense political…
Here’s how much extra money could be in your monthly Social Security check next year
Social Security’s costofliving adjustment will boost retirees’ monthly budgets. But will it be enough? Source：MarketWatch