Bitget has launched the UEX Futures League, a trading competition that brings crypto and traditional financial markets into a single competitive format. Spanning two months and two asset classes, the league creates a unified pathway from online qualification to the UEX Global Alpha Tournament (GAT), an invitation-only live championship event. Most trading competitions focus on
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade. After an explosive run-up in semiconductor and model‑development stocks from Seoul to Silicon Valley, several of Beijing’s money managers now argue the rally has detached from fundamentals – and that
Shares of Quantum Cyber (NASDAQ: QUCY) surged 24% on Friday after the company announced that its board had approved pursuing the acquisition of an equity stake in SpaceX (NASDAQ: SPCX). The company said the proposed investment is driven by the strategic alignment between the two firms’ defense and communications capabilities. The company said its board
A bruising week for technology stocks has raised fresh questions about whether the artificial intelligence-fuelled market rally is becoming too volatile for comfort. A selloff that began on Monday gathered momentum throughout the week, rippling through markets from Seoul to Silicon Valley. Investors grew uneasy about the sheer scale of spending on AI infrastructure, the
Sunrun shares RUN surged 27% in early trading on Wednesday after the residential solar company unveiled a partnership with Tesla and home-energy management platform Renew Home. The partnership aims to supply electricity capacity to data centers and utilities grappling with soaring demand from artificial intelligence. The three companies said they would work together to deliver
Memory chip stocks came under heavy pressure on Tuesday, extending a broad technology selloff on Wall Street. Investors grew increasingly uneasy about the enormous sums being poured into artificial intelligence infrastructure and the growing use of debt to finance that expansion. Shares of memory chipmakers, some of this year’s biggest market winners, suffered steep declines.
Meta Platforms Inc. is making a significant move into India’s fintech ecosystem with a $900 million investment in startup CRED. The deal gives Meta a roughly 20% stake in the company. According to the announcement, CRED will raise ₹8,550 crore ($900 million) in its Series H round, led by Meta. The round is structured through
Shares of Fervo Energy FRVO surged on Monday as investors looked past a wider-than-expected quarterly loss and instead focused on the geothermal company’s new artificial intelligence partnership with Nvidia. The Houston-based geothermal startup, backed by Bill Gates, was up about 15% after announcing an agreement with Nvidia and the Pacific Northwest National Laboratory (PNNL) to
The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire between the US and Iran, which drove energy prices lower. This article looks at some of the key catalysts for S&P 500 and the key
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary easing, with some now expecting the Federal Reserve to leave rates unchanged throughout 2026. Yet despite the more hawkish outlook, strategists remain broadly constructive on