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Bullish Options Activity in Bitcoin and Ethereum Suggests Growing Institutional Interest

The Federal Reserve raised interest rates by 25 baoptimism crypto pricesis points on Wednesday, bringing the target range to 4.25%-4.5%, as expected. In a press conference ....

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Super Micro Computer Shares Surge Amidst AI Innovations: What You Need To Know - Super Micro Computer (NASDAQ:SMCI)

Super Micro Computer, Inc. (NASDAQ: SMCI) shares are experiencing a surge Thursday afternoon. The stock has seen impressive performance throughout the year, potentially driven by the company's strategic initiatives and growth in the artificial intelligence (AI) sector. ....

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Top AI Stock Broadcom Tacks On $85 Billion Thursday

Some analysts expect this Silicon Valley semiconductor giant (not Nvidia) could soon become a trillion-dollar company.
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Stock market today: Most of Wall Street slips, but hopes for AI and rates send indexes to records

Most U.S. stocks fell, but hopes for coming cuts to interest rates and Wall Street’s continued frenzy around artificial-intelligence technology nudged indexes to more record highs. The S&P 500 rose ....

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Amazon says it'll spend $230 million on generative AI startups

Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon's second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services. Much of the new tranche including the entire portion set aside for the accelerator program comes in the form of compute credits for AWS infrastructure, meaning that it can't be transferred to other cloud service providers like Google Cloud and Microsoft Azure. ....

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