Business

  • Intel’s $20B raise reveals the hidden cost of the AI boom

  • OpenAI buys back $7B in employee shares at $852B valuation

  • Applied Compute eyes $3 billion valuation as open-model demand grows

  • Defense tech firm Lyntris seeks $528 million in US IPO, targets $2.5 billion valuation

  • Keel shuts all US bitcoin mines, sells 1,085 BTC in AI pivot

  • TSMC beats earnings, sees sales surge by 45% to $14.5 billion as AI chip boom continues

  • Why is SpaceX rallying today?

  • Intel plans $15 billion stock sale to fund AI-driven expansion

  • Robinhood opens UK crypto trading through Bitstamp with 50-plus tokens

  • Berkshire Hathaway smashes Q2 earnings, but Greg Abel shows no sign of openness to crypto

  • Cathie Wood’s ARK $21M Block buy isn’t as bullish as it looks

  • Mirendil signs $100M Google Cloud deal to train self-improving AI

  • Ark Invest buys $37M in Circle and SpaceX stock after Q2 earnings

  • Block jumps 4% after earnings beat as Cash App gross profit surges 31%

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  • Siemens Energy Q3 profit triples to €1.62 billion on data center demand

  • Circle crashes after earnings as profit beats expectations despite a revenue miss

  • Anthropic signs $10 billion Volta compute deal for Norway data center

  • Peter Thiel’s Palantir surges after crushing earnings and raising its full-year forecast

  • Why is Berkshire Hathaway stock rallying today?

  • Is Databricks the last great AI pre-IPO bet? Clear Street thinks so

  • After Nvidia’s China chip fight, Musk denies Tesla is next to exit

  • Microsoft’s biggest rally since 2008 revives the AI trade