New York Governor Kathy Hochul has imposed a one-year moratorium on new hyperscale data centers to address energy and utility concerns. Critics, including Rep. Mike Lawler, argue that the state's bans on natural gas and nuclear power, combined with high taxes, are driving businesses and residents out of New York. This policy pause signals to companies that New York is a challenging place for business, contributing to ongoing out-migration and economic challenges. The debate highlights the need for a balanced energy and economic strategy to retain investment and support growth in the state.
AMD CEO Lisa Su announced that the company's server revenue is projected to grow by more than 80% in the current half-year period. This growth estimate specifically excludes revenue from AMD's AI accelerator business, highlighting strong demand in ot...
Tamboran Resources is moving toward its first production phase while setting up a paid appraisal platform in the Beetaloo Basin to generate revenue and gather key reservoir data. The company's strong liquidity, recent Falcon acquisition, and large-sc...
Uniswap's total value locked (TVL) on the Robinhood Chain recently surged to $100 million, doubling over the past month. This growth reflects increasing liquidity and capital inflows, strengthening Uniswap's fundamentals despite a weaker market price...
BlackRock's iShares Bitcoin Trust (IBIT) attracted $143.57 million in net inflows in one day, reinforcing its dominance in the US spot Bitcoin ETF market. Since its launch in early 2024, IBIT has captured about 81% of all spot Bitcoin ETF inflows, wi...
BlackRock reported that despite Bitcoin's drop of over 50% from its October 2025 record high to below $60,000 in June 2026, the asset manager's long-term investment thesis remains intact. The decline was attributed to excessive leverage, weaker insti...
