AI cloud computing company and Bitcoin (BTC) miner IREN (NASDAQ: IREN) signed a multi-year GPU cloud services contract with Microsoft on Oct. 3. Under the agreement, IREN will supply Microsoft with access to NVIDIA GB300 GPUs through its vertically integrated AI Cloud platform. Following .....
Continue ReadingOpenAI isn't done securing the AI infrastructure it needs to rapidly scale agentic workloads. The ChatGPT-maker on Monday said it has reached a deal with Amazon to buy $38 billion in cloud computing services over the next seven years...
Continue ReadingWe recently published 10 Stocks Everyone’s Discussing Amid Latest Earnings Season. Netflix, Inc. (NASDAQ:NFLX) is one of the stocks everyone’s discussing. Rich Greenfield, Lightshed Partners co-founder, commented on the post-earnings stock drop of Netflix Inc (NASDAQ:NFLX) in a recent program on CNBC. The analyst said there is no “collapse here” and there should be no […]...
Continue ReadingGoogle owner Alphabet is tapping the U.S. dollar and euro debt markets in a multi-tranche senior unsecured notes offering. The digital media and tech giant will use the proceeds from the note sale for general corporate purposes, including the potential repayment of a portion of its outstanding debt, according to a Monday report by Moody's Ratings. Alphabet last took out fresh debt in April, tapping the euro debt market for 6.75 billion euros ($7.87 billion) for the first time...
Continue ReadingTesla has had its share of problems this year, leading to weakening sales. A new problem is a reported flaw in its doors...
Continue ReadingBitcoin would reach $150,000 by year end, according to Strategy (NASDAQ:MSTR) Chair Michael Saylor. “Our expectation right now is end of the year, it [Bitcoin] should be about $150,000,” Saylor told CNBC on Monday on the sidelines of the Money 20/20 .....
Continue ReadingMicrosoft co-founder Bill Gates has lost $40 billion in net worth so far in 2025. His primary investments are Microsoft and Berkshire Hathaway stocks...
Continue ReadingWhile AMD’s prospects remain strong, other semiconductor players are offering better value...
Continue ReadingMicrosoft is locking in more AI firepower. The tech giant is signing a $9.7 billion deal with Australia's IREN for access to Nvidia systems in Texas. The five-year pact makes Microsoft IREN's biggest customer, part of a broader scramble to secure scarce computing power. Anurag Rana, a senior analyst for Bloomberg Intelligence, joined Bloomberg Open Interest to talk about the AI arms race...
Continue ReadingTesla stock broke out above a buy point on Monday ahead of the annual shareholder meeting later in the week, with CEO Elon Musk's pay deal in focus. TSLA jumped 3.3% to 471.90 in Monday's stock market after advancing 5.3% to 456.56 last week. Entering Monday's stock market, Tesla stock was also just 6% below its all-time of 488.54...
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