The reaction to SK Hynix’s (SKHY) capex guidance on Wednesday only highlights the stunning summer rout in semiconductor stocks. Shares of the South Korean chip play tanked as the company said it... Read more »
The numbers from the US Treasury are not in dispute. The US Treasury Department announced last week that the federal government’s debt stands at an all-time high of $39.7 trillion, growing at... Read more »
Alphabet (GOOG) (GOOGL) has emerged as one of the most aggressive spenders in the artificial intelligence (AI) race, pouring billions of dollars into data center equipment to support its expanding AI ambitions.... Read more »
Social media influencer and investor Carl Runefelt is best known on the internet for posting crypto-focused content and showcasing his lavish lifestyle. Known online as “The Moon,” he claims he dropped out of... Read more »
Bitcoin (BTC) hit ten-day lows at Tuesday’s Wall Street open as BTC price action followed a US stocks sell-off. Key points: Bitcoin price action reacts to contagion from an Asia stocks sell-off... Read more »