Research firm declares ‘end of the AI trade as we know it’ — and Asian tech stocks reflect the shift
Now that absolute value is much harder to find in the AI trade, with bets having to be made on a longerterm, more speculative basis, it’s time to search for…
Richard Simmons’ L.A. estate sells for $3.8 million
Over a year after Richard Simmons’ death, the fitness guru’s longtime home has sold to a buyer drawn to its rich history. Source：MarketWatch
Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI deal
Riot has sold most of its bitcoin to fund its move into data centers. Its latest agreement gives Anthropic a way to finance part of the build and collect…
Wall Street veteran says these are some of the most unbelievable charts he has ever seen
A historic divergence has split the U.S. stock market: The benchmark S&P 500 index has tumbled into deeply oversold territory even as nearly half of its…
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate…
Crypto Long & Short: ICE is betting on retail’s appetite for quick outcomes
Retail traders increasingly want trades that resolve fast, from prediction markets to sameday options. Andy Baehr of GSR argues perpetual futures belong in…
Global asset manager Schroders brings emerging market bond fund to Solana
The global asset manager, which oversees $1.1 trillion in assets, is bringing an actively managed bond strategy onchain through tokenization specialist…
The AI trade has been ‘sold to death’ but Goldman strategist highlights silver lining from Democratic sweep
Corporate decision makers may decide to accelerate their plans to expand compute capacity and take advantage of the status quo rather than risk a new…
Justin Sun seeks $264K sanctions over World Liberty’s UAE disclosure
Sun plans to refile his tokenfreeze lawsuit in California state court after the sanctions motion is resolved. A hearing is set for Dec. 10. Source：Cointelegraph
Binance hackers move 81% of stolen Solana, route funds via THORChain
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps. Source：Cointelegraph
Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
The proposed agreement would resolve a federal antimoneylaundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross…
An overlooked energy source could solve AI’s power crunch — and these 2 stocks are prime plays
Geothermal technology is in the early stages of its own shale revolution, Morgan Stanley says. Source：MarketWatch