Nvidia is raising $20 billion through its first bond sale in five years to support its AI infrastructure growth. This move is accelerating Bitcoin miners' transition into AI data center operators, with industry-wide AI contracts valued at around $70 billion. Miners like Hut 8 and Core Scientific are leveraging their existing energy infrastructure to deploy Nvidia's AI GPUs, aiming to replace declining Bitcoin mining profits with AI revenue. This shift is expected to revalue these companies based on long-term AI contracts rather than volatile crypto earnings, potentially impacting Bitcoin prices as miners sell holdings to fund the transition.
CGI and Entersekt have partnered to strengthen 3-D Secure (3DS) authentication services for issuing banks in the Nordic region. The collaboration combines CGI's digital banking expertise with Entersekt's cloud-based 3DS Access Control Server, enablin...
Levi & Korsinsky, LLP has filed a class action lawsuit against Embecta Corp. for allegedly providing false and misleading positive statements about its financial health, particularly regarding its pen needle business. The company missed its Q2 2026 r...
Aehr Test Systems saw its stock rise about 11% after receiving a follow-on production order for its FOX-XP wafer-level burn-in system from a major silicon photonics customer. This customer, a global supplier of networking products, is expanding produ...
Lucid Group announced a partnership with Uber and Nuro to launch a robotaxi service in Houston by mid-2027, following a planned launch in the San Francisco Bay Area. The service will use Lucid's electric SUVs equipped with Nuro's Level 4 autonomous t...
The newly launched Leverage Shares 2X Long SPCX Daily ETF (SPCH) tied to SpaceX stock surged with $1.3 billion in trading volume on its second day, surpassing the record set by BlackRock's iShares Bitcoin Trust (IBIT) in 2024. Despite heavy competiti...
