Riot Platforms has signed a 20-year lease for 191 megawatts of data-center capacity at its Rockdale campus in Texas, turning power once developed for bitcoin mining into $9.1 billion of expected contract revenue. Riot called the customer a “leading frontier AI lab” in its 10 August filing with the Securities and Exchange Commission, while Bloomberg
CoreWeave does not need to beat the Street on Tuesday, because CoreWeave already told the Street it would not. The company guided second-quarter revenue to $2.45bn–$2.6bn, a midpoint of $2.53bn that sits roughly $160m below the $2.69bn LSEG consensus that was standing when the guide was issued. That is not a company sandbagging into a
Nebius is not being valued on the quarter it reports on Wednesday. It is being valued on a promise it has to keep by December, and the arithmetic of that promise is the most under-discussed number in the AI-infrastructure complex. Nebius exited the first quarter of 2026 with annualised run-rate revenue of roughly $1.92bn. Management
The July jobs report released today by the Bureau of Labor Statistics (BLS) revealed that the US economy shed jobs in July, a result almost no one forecast, and it landed nine days after the most divided Federal Reserve meeting in a decade. Nonfarm payrolls fell by 23,000, against expectations of an 80,000 gain, and
Gold can be expected to rise further to the next resistance level 4400.00 (former top of wave iv from the start of June and the target for the completion of wave 3). Gold broke resistance area Likely to rise to resistance level 4400.00 Gold recently broke the resistance area between the key resistance level 4200.00
The artificial intelligence investment landscape experienced a massive shock as Ken Griffin’s Citadel LLC stepped in to acquire the bulk of the public equities portfolio of Situational Awareness. The high-profile AI-focused hedge fund, led by former OpenAI researcher Leopold Aschenbrenner, was forced to rapidly unwind its public positions following severe market corrections. This transaction has
CADJPY currency pair can be expected to rise further to the next resistance level 113.30 (former strong support from the start of July). CADJPY reversed from support zone Likely to rise to resistance level 113.30 CADJPY currency pair recently reversed up from support area between the strong support level 112.00 (which has been reversing the
Why Is Tether Bringing Hadron To Saudi Arabia? Tether is expanding beyond stablecoins by bringing its Hadron tokenization platform to Saudi Arabia, where the company plans to issue and manage institutional-grade real estate assets on blockchain networks. The USDT issuer is working with First Advanced Data for Artificial Intelligence and fintech company BKN301 on the
Apparent deescalation in the Gulf and lower expectations for the Fed to hike twice have been negative for the US dollar. The dollar declined in recent days against most major currencies apart from the yen as traders reduced expectations of two hikes by the Federal Reserve (the Fed) before the end of the year. Now
The market did not punish Honeywell Aerospace for missing a quarter. It punished the company for admitting that the bottleneck is not going away, and that distinction is what separates a $250 bull case from a $118 bear case. HONA closed 6 August at $156.47, down 23.16% on the day and 36.7% below its 2