News
Bitcoin treasury firm Nakamoto bought high and sold much, much lower as bitcoin suffers another bad quarter
1+ hour, 7+ min ago (1296+ words) Bitcoin is on track to close the first quarter of 2026 down more than 24%. Things are looking bleak for bitcoin again, as it's down 1.8% in the past 24 hours and on track to close the first quarter of 2026 down more than 24%, its…...
Constellation tumbles after posting underwhelming guidance, failing to announce new data center deals
2+ hour, 24+ min ago (766+ words) AI power trade Constellation Energy tumbled early Tuesday after issuing an investor day update the market seemed to find unsatisfactory. The company introduced full-year 2026 operating earnings guidance of between $11 and $12 a share, the midpoint of which is shy of consensus…...
Memory stocks bounce as Bernstein analyst calls TurboQuant fears “overdone”
1+ hour, 48+ min ago (766+ words) Memory stocks rose Tuesday, after Bernstein analysts called the recent panic over Google's TurboQuant AI algorithm "overdone." Bernstein analyst Mark Newman wrote: "[Hard disk drive] and Memory stocks have sold off significantly due in part to fears from Google's TurboQuant…...
Vertiv falls after Jefferies downgrade, company announces $50 million to expand Ohio manufacturing capacity
5+ hour, 19+ min ago (634+ words) Vertiv Holdings is sliding 2% in premarket trading on Tuesday after the data center digital infrastructure provider was downgraded to "Hold" from "Buy" by analysts at Jefferies. Citing risks in slowing hyperscaler capex growth in 2027 and beyond, as well as the…...
JetBlue is raising its bag fees as fuel costs squeeze airlines
15+ hour, 55+ min ago (372+ words) JetBlue will reportedly hike its bag fees, as jet fuel continues to climb amid the war in Iran. It's the latest example of carriers finding ways to push rising costs onto travelers. Last week, United Airlines CEO Scott Kirby said…...
Stocks continue slide as US oil settles above $100
15+ hour, 55+ min ago (1043+ words) Stocks fell, weighed down by tech, as the US-Iran war enters its fifth week. The S&P 500, Nasdaq 100, and Russell 2000 fell as US oil prices rose, settling above $100 per barrel for the first time since 2022. Comments from Fed Chair Powell…...
Memory, optical, and AI-construction stocks dive as embattled SaaS stocks rebound
18+ hour, 47+ min ago (829+ words) Memory stocks sank on Monday, continuing a sell-off that began last week with new details about a potentially more memory-efficient AI algorithm from Google Research. Western Digital, Micron, Seagate Technology Holdings, and retail favorite Sandisk all tumbled. Industry publication Wccftech…...
Ethereum looks likely to register first monthly green candle since August
1+ day, 14+ min ago (812+ words) Ethereum has increased nearly 4% in the last 24 hours, outpacing crypto majors in the period." If the asset can hold the current level, trading around $2,065, ethereum will record its first monthly green candle since August, helping the token outperform the broader…...
British government weighs removing Palantir from NHS data systems
20+ hour, 46+ min ago (709+ words) Officials in the British government are exploring ways to eject defense, intelligence, and AI software company Palantir Technologies from data systems used by the National Health Service, the government-funded health system. The Financial Times reports: While Palantir's AI software services…...
Waymo’s now serving more than 500,000 paid robotaxi rides every week
21+ hour, 22+ min ago (785+ words) The Alphabet-owned company grew its ridership more than tenfold in less than two years. Per the company's post on X last Thursday, Google-owned Waymo is now providing 500,000 paid robotaxi rides every week, an eye-popping figure that's slowly turning the street-side…...