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Applied Digital Stock Sits Near 52-Week Low as $5 Billion Debt Weighs

Applied Digital shares trade near a 52-week low after a 50% drop, weighed down by $5 billion in debt as it builds AI data centers with a $36 billion backlo

Applied Digital Stock Sits Near 52-Week Low as $5 Billion Debt Weighs

Applied Digital shares trade near a 52-week low after a 50% drop, weighed down by $5 billion in debt as it builds AI data centers with a $36 billion backlo

Peter Max, Psychedelic Pop Artist of 1960s Flower Power, Dies at 88

Peter Max, whose colorful psychedelic pop art defined 1960s flower power and graced stamps, planes and a cruise ship, has died at 88.

Sweden’s Kristersson Resigns as Left-Wing Bloc Wins Three-Seat Majority

Swedish PM Ulf Kristersson resigned Thursday after the left-wing opposition won a three-seat majority in Sunday's election.

SEC Clears Tokenized US Stocks With Five-Year Trading Exemption

The SEC issued an order Thursday creating a five-year Innovation Exemption for tokenized U.S. stocks, with rules on voting rights and company consent.

Applied Digital Stock Sits Near 52-Week Low as $5 Billion Debt Weighs

Applied Digital shares trade near a 52-week low after a 50% drop, weighed down by $5 billion in debt as it builds AI data centers with a $36 billion backlo

SEC Clears Tokenized US Stocks With Five-Year Trading Exemption

The SEC issued an order Thursday creating a five-year Innovation Exemption for tokenized U.S. stocks, with rules on voting rights and company consent.

Clearlake Takes Full Control of Chelsea in Deal Valuing Club at £5 Billion

Clearlake Capital has bought out Todd Boehly and Mark Walter's minority stakes to take full control of Chelsea FC in a deal valuing the club at £5 billion.

Chinese Automakers Race to Buy European Factories Before EU Content Rules Hit

BYD adviser Alfredo Altavilla says Chinese carmakers are scouring Europe for factories to buy or share ahead of EU local content rules expected next year.

US Senate Blocks Clarity Act on Wednesday

The Senate blocked the Clarity Act on Wednesday, extending crypto regulatory uncertainty as some Hong Kong industry figures see a strategic opening.

Ladbrokes Owner Entain to Cut 400 Jobs, Warns on UK Gambling Taxes

Entain, owner of Ladbrokes and Coral, will cut 400 customer care jobs and warned that a UK machine games duty rise could force betting shop closures.

Intel, SK Hynix Shares Jump on Talks to Make Memory Chips in US

SK Hynix is in talks with Intel to make memory chips in the US for the first time, Reuters reported, lifting both companies' shares in premarket trading.

Nvidia’s Huang Rejects AI Slowdown as Anthropic’s Amodei Urges Caution

Nvidia's Jensen Huang argued against slowing AI at Dreamforce on Tuesday, hours after Anthropic's Dario Amodei spoke about industry safety practices.

Brent Oil Tops $108 as Saudi Pipeline Shutdown Enters Second Week

Brent crude rose above $108 on Tuesday as Saudi Arabia's East-West pipeline stayed shut, with Houthi strikes and halted Yanbu loadings deepening supply fea

Musk Urges US and Chinese AI Labs to Test Each Other’s Models

Elon Musk called on leading US and Chinese AI companies to run safety tests on each other's models, speaking at the All-In Summit on Monday.

Dell Jumps 11% After RBC Starts Coverage With $640 Target

Dell Technologies shares rose more than 11% on Wednesday after RBC Capital Markets began coverage with an Outperform rating and a $640 price target.

Amazon Says It Cannot Restore Cloud Data Lost in Gulf Drone Strikes

AWS said on Tuesday it cannot restore access to cloud facilities in Bahrain and parts of the UAE, more than six months after drone strikes damaged the site

ASML Draws Bullish Long-Dated Call Bets After 14% Monthly Pullback

ASML shares at $1,575 have drawn long-dated bullish call positioning after a 14% monthly drop, backed by a $45 billion backlog.

AI Stocks Fall After Amodei Calls for Development Slowdown

AI-linked stocks fell Monday across Asia, Europe and US premarket after Anthropic chief Dario Amodei called for slower AI development.

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