Nasdaq announced the June 2026 quarterly rebalance of the Nasdaq-100 Index, effective before market open on June 22, 2026. Five companies—Astera Labs, CoreWeave, Nebius Group, Rocket Lab, and Teradyne—will be added to the index. Meanwhile, Charter Communications, Cognizant, Insmed, Verisk Analytics, and Zscaler will be removed. This reshuffle reflects changes in market capitalization and impacts over $800 billion in assets tracking the index globally.
Leopold Aschenbrenner, a 24-year-old former OpenAI researcher, launched a hedge fund that has achieved a remarkable 1,000% return since inception by focusing on the AI revolution. His fund, Situational Awareness, has made strategic bets on AI infrast...
Nebius Group N.V. reported exceptional Q1 results with revenues up 684% year-over-year and annual recurring revenue growth of 674%, despite facing compute capacity limits. The company raised its 2026 contracted power guidance to over 4GW and increase...
The Alger 35 ETF (ATFV) actively invests in companies driving the AI infrastructure boom, focusing on semiconductors, data centers, and networking tech. Led by CIO Dan Chung, the fund uses an all-cap, unconstrained approach to identify emerging marke...
Nebius Group N.V. has seen its shares more than double due to explosive 684% revenue growth and expanding profit margins, driven by its key role in AI hyperscaler cloud infrastructure. The company commands a premium valuation as it benefits from robu...
Nebius announced a new six-month Physical AI Living Lab project with Nvidia to support British and European robotics startups. The program offers access to Nvidia’s AI development tools and Nebius’s AI cloud infrastructure, aiming to accelerate robot...
