CoreWeave to acquire crypto miner Core Scientific

The escalation of U.S.-Iran tensions remains contained and has not threatened Bitcoin’s rally, but this Tuesday’s CPI data could trigger a price pullback to $75,000.

TradingKey — On Monday, May 11, Asia-Pacific equity markets extended their AI-driven rally. South Korea’s KOSPI index opened 3.7% higher, with intraday gains expanding to as much as 4.2%, surpassing the 7,800-point psychological level for the first time.

While there is still a risk of industry cycles, the current "Memory Crunch" has put Micron in a position of power that the company likely has never had in its 40-year history. For anyone looking to play the physical infrastructure of the future, MU stock is still a top pick for a diversified tech po

TradingKey - The U.S. Bureau of Labor Statistics will release the April CPI report on May 12 at 8:30 a.m. ET. Since the outbreak of the U.S.-Iran conflict in late February, the global energy market has experienced the most severe geopolitical supply shock in history. As the conflict enters its third month, traffic through the Strait of Hormuz remains significantly below pre-war levels, with approximately 20% of the world's oil transit routes still facing "interruption." This inflation report will serve as a critical validation window for the transmission effects of oil prices.

TradingKey - On May 5 (ET), Advanced Micro Devices (AMD) released its first-quarter fiscal 2026 financial results after the market close. The company reported revenue of $10.253 billion, up 38% year-over-year, exceeding market expectations of $9.89 billion. Non-GAAP earnings per share (EPS) were $1.