Samsung Electronics' shares rose over 6% after it began shipping samples of its new AI memory chip, the 12-layer HBM4E, which offers speeds up to 16 Gbps and better energy efficiency. This chip has a 48GB capacity, over 30% larger than the previous generation, and Samsung plans to expand the lineup with different configurations. The launch strengthens Samsung's position in the competitive AI memory market, used in advanced AI systems by companies like Nvidia and Google. This move follows Samsung's earlier release of HBM4 chips and aims to narrow the gap with rivals like SK Hynix.
The US Central Command disabled a fifth commercial vessel, the M/V Lian Star, by firing a Hellfire missile into its engine room after it ignored warnings while heading to an Iranian port. This action is part of the ongoing US naval blockade of the St...
May typically marks a period of weaker returns for US stocks, known as the 'go away' six-month period. However, recent years have seen May act as a strong follow-up to the October-April period, which historically performs well. This May, the S&P 500 ...
Elon Musk's SpaceX aims to launch one million AI data center satellites by 2028 using the Starship rocket, but experts warn this could cost around $2 trillion, equal to SpaceX's projected IPO valuation, risking a financial collapse. While SpaceX has ...
Stellar (XLM) surged 40.43% in 24 hours, breaking a multi-month downtrend and reaching $0.2862 with a $9.62 billion market cap. The rally was supported by a 33.85% volume increase and a 10.89% rise in derivatives Open Interest, signaling strong trade...
The Nicholas Global Equity and Income ETF (GIAX) provides a 24% starting yield with weekly income distributions by using a global call spread strategy on indices. However, GIAX tends to underperform in strong bull markets due to limited upside captur...
