HIVE Digital Technologies, a Canada-based Bitcoin miner and data center operator that trades on the Nasdaq and Toronto Stock Exchange, has appointed Mark Volk as Senior Vice President of Revenue at BUZZ HPC, its wholly owned AI cloud and high-performance computing subsidiary. Volk’s mandate is to build BUZZ HPC’s revenue engine and scale it globally….
U.S. President Donald Trump has undertaken the most aggressive federal intervention in the critical minerals and rare earth sectors ever since he returned to the Oval Office, announcing a flurry of deals as Washington desperately tries to counter China’s dominance in minerals that are powering the energy transition and AI boom. The deals included a…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Marvell Technology Inc. stock edged higher Wednesday in premarket trading as semiconductor stocks held steady. Nasdaq futures gained 0.05%, while S&P 500 futures were little changed. Data Centers Power Marvell’s Revenue Surge While no new company-specific announcement surfaced…
Mexico’s government is slashing financial assistance for the state energy major by as much as 70% despite Pemex’s continued struggle to pay down debt and boost production. The decision rests on expectations that the company will benefit from the oil and gas price rally spurred by the U.S. and Israeli war against Iran. Per a…
Apple Apple AAPL $ 335.39 $8.82 2.7% 52% IBD Stock Analysis Apple stock has risen above its 50-day moving average line Shares snapped a three-day losing streak and short downtrend Apple stock is in a flat base with a 344.57 buy point IBD Composite Rating 98/99 Industry Group Ranking 10/197 Emerging Pattern Flat Base Flat…
Oracle (ORCL) stock jumped late Thursday after the tech giant reported fiscal first-quarter results that beat expectations. Cloud infrastructure growth accelerated to triple-digits, a sign that Oracle is converting strong demand for AI computing power into sales growth. Austin, Texas-based Oracle reported adjusted earnings of $1.92 per share from revenue of $19.35 billion for the…
Robert Kiyosaki, author of the 1997 bestseller “Rich Dad, Poor Dad,” often says his $1.2 billion debt is part of a wealth-building strategy, and his philosophy rejects the “live below your means” advice common in personal finance. Kiyosaki’s book famously proclaimed that the rich don’t work for money, savers are “losers,” and your house is…
The dollar index (DXY00) is up by +0.20% today. The dollar is moving higher today amid the +3% surge in WTI crude oil to a 3.5-month high, which is boosting inflation expectations and could persuade the Fed to raise interest rates. Also, today’s jump in T-note yields has strengthened the dollar’s interest rate differentials. In…
Palantir Technologies (PLTR) on Thursday announced expanded partnerships with Nvidia (NVDA) and Japan’s Fujitsu at its 11th artificial intelligence conference. Palantir stock dipped as the Nasdaq retreated amid worries over rising oil prices and the lingering U.S. war with Iran. The maker of data analytics software initially rolled out its “Artificial Intelligence Platform” in early…
The latest monthly list of new buys by the best mutual funds, which comes out on Friday, puts a dazzling spotlight on Lumentum (LITE). These savvy money managers scooped up an eye-catching $13.11 billion worth of Lumentum stock. The optical and photonics giant plays a key role in powering the infrastructure behind artificial intelligence, cloud…
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