$1.4 Trillion Vanishes From AI Semiconductor Stocks as Debt-Fueled Investment Triggers a Sharp Market Reset
Investors reassessed the sustainability of debt-fueled AI capital expenditure on June 23, triggering a one-day rout in the semiconductor s...
Washington Plans to Buy Equity Stakes in Leading AI Companies, Raising Stakes in Government–Industry Relations
The Trump administration is advancing a plan for the U.S. government to acquire equity positions in major artificial intelligence companie...
Anthropic Files for $1 Trillion IPO, Kicking Off a Race to Become the Biggest Wall Street Debut Ever
Anthropic, the fast-growing artificial intelligence company behind the Claude chatbot, confidentially submitted a draft IPO prospectus to ...
Binance to Halt Crypto Services in Key EU Markets After Failing to Secure Regulatory License
Binance will stop providing cryptocurrency services to customers in several European Union countries starting July 1 after failing to obta...
Bitcoin ETFs Face Record Outflows as Institutional Demand Reverses
U.S. spot Bitcoin exchange-traded funds suffered their worst week on record in early June, hemorrhaging more than $3.4 billion in net outf...
Nasdaq Suffers Worst Day of 2026 as Tech Sell-Off Deepens a Losing Streak
NEW YORK — The Nasdaq Composite fell 4.2 percent on Friday, its worst single-day decline of 2026, as technology and semiconductor stocks l...
Federal Reserve Holds Rates Steady but Signals a Possible Hike Before Year End
The Federal Reserve left interest rates unchanged at its June meeting but sharply raised the odds of at least one increase before the end ...
Nvidia, Firmus Plan 170,000-GPU Indonesian Campus in $30 Billion AI Infrastructure Push
An Australian data center operator and Nvidia have agreed to build a 360-megawatt AI computing campus on the Indonesian island of Batam, d...
Washington Now Decides Who Gets OpenAI's Most Powerful AI Model
WASHINGTON — The Trump administration has asked OpenAI to limit access to its most powerful model to a small group of government-approved ...
SEC Approves Options Trading on Ethereum ETFs, Widening Institutional Access
The Securities and Exchange Commission has approved the listing and trading of options contracts tied to spot Ethereum exchange-traded fun...
Bitcoin Mining Difficulty Drops 10% as Lower Prices and AI Demand Push Miners Offline
Bitcoin's network mining difficulty fell 10.09% in mid-June, the second-largest downward adjustment of the year, as lower cryptocurren...
30-Year Mortgage Rates Hover Near 6.5% as Housing Market Stays Subdued
The average rate on a 30-year fixed mortgage ticked up to 6.49% in the latest weekly reading from Freddie Mac, reinforcing a prolonged per...