Billionaire investor Bill Ackman is buying more Microsoft after its 15% drop, betting Wall Street is underestimating the company as the AI race against Google and Amazon heats up.
Coinbase becomes the official USDC treasury deployer on Hyperliquid.
Coinbase also acquires rights to Native Markets’ USDH brand assets as USDH transitions into USDC.
"The Big Short" investor Michael Burry warns the Nasdaq 100 is mirroring the dot-com bubble peak.
"We are witnessing history. In the stock market, that is not a good thing."
Bernstein set a $100 price target on IREN after the company signed a $3.4 billion AI cloud deal with NVIDIA and granted NVIDIA the option to invest $2.1 billion in equity.
A Chinese court rules it is illegal for companies to fire employees and replace them with AI purely to cut costs.
The landmark ruling came after a tech worker was dismissed when his role was taken over by a large language model, per Xinhua.