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News
HIVE Digital appoints AI infrastructure veteran as BUZZ revenue chief, surpasses $1M daily revenue
2+ day, 23+ hour ago (316+ words) Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to discuss a major leadership appointment and a significant operational milestone as the company continues to expand its artificial intelligence and high-performance computing business. HIVE announced that its…...
Dow closes lower as Wall Street falls for fourth straight day
2+ day, 22+ hour ago (829+ words) Wall Street closed lower for a fourth straight session on Thursday as investors digested fresh wholesale inflation data and continued to grapple with rising bond yields and oil prices above $100 a barrel. The Dow Jones Industrial Average fell 317 points, or…...
Market movers: Apple, Macy's, Designer Brands, 1-800 Flowers...
3+ day, 3+ min ago (281+ words) Apple Inc (NASDAQ:AAPL, XETRA:APC) had a good Thursday, with shares up 3.1% after unveiling its first foldable iPhone, the $1,999-and-up iPhone Duo. The move puts Apple into a market Samsung, Google and Huawei have played in for years – the…...
Fineqia's Matteo Greco: Investors 'stopped waiting' as crypto ETPs jump 27% in August | CSE:FNQ
3+ day, 4+ hour ago (197+ words) Greco said crypto ETP assets under management jumped 27% in August, outperforming the wider crypto market's 21% rise, driven by both rising prices and renewed inflows, with particularly strong US demand late in the month. "The main change was that with this…...
Dow falls as Treasury yields jump to highest level since 2023
3+ day, 2+ hour ago (564+ words) As the conflict with Iran drags on longer than many expected, LPL's Jeffrey Roach said that inflation pressures are becoming increasingly entrenched, leaving investors in search of a catalyst strong enough to change the inflation narrative. "At this rate, a…...
Fineqia's Matteo Greco: Investors 'stopped waiting' as crypto ETPs jump 27% in August
3+ day, 4+ hour ago (197+ words) Greco said crypto ETP assets under management jumped 27% in August, outperforming the wider crypto market's 21% rise, driven by both rising prices and renewed inflows, with particularly strong US demand late in the month. "The main change was that with this…...
Nasdaq futures drop as inflation meets expectations
3+ day, 5+ hour ago (217+ words) US producer prices rose 0.4% in August, in line with expectations, while the annual PPI rate accelerated to 5.4%, slightly above forecasts of 5.3%. Core PPI increased 0.2% on the month, below the 0.3% forecast, while the annual core rate matched expectations at 4.6%. Meanwhile, initial…...
HIVE Digital Technologies adds senior VP of revenue as daily revenue tops $1M | TSX:HIVE, NASDAQ:HIVE, BVC:HIVECO
3+ day, 5+ hour ago (271+ words) HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) has appointed Mark Volk as senior vice president, revenue at its subsidiary BUZZ High Performance Computing, as the company said combined revenue from hashrate services and GPU cloud services…...
UBS expects Bank of England to hold rates but strike more hawkish tone
4+ day, 3+ hour ago (250+ words) UBS expects the Bank of England to keep interest rates unchanged at 3.75% at its meeting on 17 September, in line with market pricing. The bank's economists forecast the Monetary Policy Committee will repeat the 6-3 vote split seen in July, with Huw…...
Purepoint Uranium CEO says utility contracting set to drive next Uranium market surge
4+ day, 48+ min ago (243+ words) Proactive has a commercial relationship with Purepoint Uranium Group Inc. This article was produced independently under Proactive's Editorial Standards Policy. Purepoint Uranium Group CEO Chris Frostad joined Steve Darling from Proactive to provide his perspective on the current uranium market…...