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View More NewsThe biggest winners from the rotation have been memory and semiconductor stocks. Memory-chip maker Sandisk (SNDK) has surged roughly 800% this year and the Global X Artificial Intelligence & Technology ETF, which focuses on memory-related companies (DRAM), is up about 140%. In microprocessors, Micron Technology (MU) has gained about 230% this year, and the VanEck Semiconductor ETF (SMH) 67%.The investments highlight a growing preference for the companies supplying the infrastructure behind the AI boom rather than the hyperscalers funding it.In addition, capital has been attracted SpaceX (SPCX), Elon Musk’s space exploration company that is also expanding into AI. Last week,…
Any recovery in the crypto market is likely to take longer than traders expect because Wall Street investors and advisory firms are now focusing on real-world applications, such as tokenization, and artificial intelligence rather than straight digital assets, according to Matt Hougan, the chief investment officer of asset-management company Bitwise.“We’ve lost the attention of investors to other hot trends,” most notably, for now, AI, Hougan said in an interview over email. “I think the coming bull market will be slower and less volatile [than] in the past.”Even so, firms that advise high-net-worth individuals and institutional capital, known in the U.S.…
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Last Wednesday, 3 June, was surely one of the most shameful days in the Knesset’s 77-year history. Michael Rabello, the personal attorney of Israeli prime minister Benjamin Netanyahu, was elected the country’s next state comptroller—the official who inspects, reviews, and audits government policy and conduct, and whose broad powers of inspection include the use of hundreds of lawyers, accountants, and other professionals under his authority.Israeli law stipulates that the Knesset vote for this position must be carried out in secret, with MKs casting ballots alone behind a screen. Rabello’s rival for the post, former Supreme Court justice Yosef Elron, won…
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Key takeaways:Bitcoin remains under pressure from $2.1 billion in ETF outflows in June and an ongoing discount relative to global Bitcoin/USDT pairs.Strategy’s STRC stock…
In brief More than three-quarters of psychologists surveyed said patients have discussed using AI for mental health support, diagnosis, or companionship. Thirty-five percent of…
Beyond new revenue opportunities, the model gives FIFA more visibility into who ultimately attends its events. In the traditional ticketing ecosystem, much of that…
Bitcoin’s (BTC) latest bout of panic selling produced significantly smaller realized losses than those seen during the February correction. Realized losses peaked at $1.4…
Why AI agents need longer testsShort, isolated tests miss how AI agents behave over time. A new simulation shows that long-term behavior depends on…
Every year, there are many more airplanes manufactured in the United States than the country’s domestic airlines can use. This is a rather straightforward…
Bitcoin’s risk-adjusted return has fallen to a level that has marked every bear-market bottom of the past decade, the latest on-chain reading to point…
Illinois Governor JB Pritzker signed a $55.9 billion state budget bill into law on Tuesday, including a 0.2% “privilege tax” on crypto transactions, despite…
Since illegal immigration is an “invasion,” Deputy White House Chief of Staff Stephen Miller told reporters in May 2025, the Trump administration was “actively…
Bitcoin BTC$65,747.35 rose after the Bank of Japan raised interest rates to a 31-year high, pushing the price from around $65,600 in Asian trading…
Key takeaways:Hyperliquid defies the crypto bear market with $3 billion HYPE open interest, a 32% growth in a week.Hyperliquid’s TradFi innovation, like SpaceX pre-IPO…
from the chaos dept There’s something going on over in Microsoft’s Xbox division and it isn’t good. Don’t take my word on that. Apparently…