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Applied Digital beats quarterly revenue estimates on AI data center demand, shares jump
Jan 7 (Reuters) - Applied Digital APLD.O reported second-quarter revenue above Wall Street estimates on Wednesday, as the data center operator benefited from strong demand for its large-scale facilities for artificial intelligence workloads.Shares of the company rose about 7% in extended trading.App...Reuters
Wed, Jan 7
Applied Digital's Q2 revenue surges, net loss narrows
OverviewData center operator's fiscal Q2 revenue rose 250% yr/yrNet loss for fiscal Q2 narrowed 76% yr/yrOutlookCompany expects to exceed $1 bln NOI target within next five yearsApplied Digital plans to spin out cloud services in business combinationCompany anticipates increased demand from hype...Reuters
Wed, Jan 7
Bitcoin, Ethereum, And XRP ETFs Are Back: Over $800 Million Signal Investor Return
The Bitcoin, Ethereum, and XRP ETFs are seeing renewed institutional interest to start the year, providing a bullish outlook for the crypto market. This development comes amid BTC’s rally above $90,000, with the flagship crypto now targeting new 2026 highs. Bitcoin, Ethereum, and XRP ETFs See Over $...Bitcoinist
Wed, Jan 7
Next Crypto to Hit $1? Dogecoin (DOGE) Investors Rotate Into This New Altcoin
When a big name stops delivering the same kind of returns, money often looks for the next curve. That is how crypto cycles work. A token that once moved fast can still rise, but the upside shape changes as it gets larger. At the same time, new Altcoins with clear utility timelines can start drawing […]Cryptopolitan
Wed, Jan 7
China told tech companies to stop buying Nvidia's H200 chips this week
China has told some local tech companies to stop placing new orders for Nvidia’s H200 chips, according to a report from The Information published on Wednesday. The request was sent this week and is part of a wider plan that could soon force companies to buy domestic AI chips instead. The order comes as Donald […]Cryptopolitan
Wed, Jan 7
Strategist Reveals What Will Drive XRP Price To $100 Per Coin
XRP has opened the year on a firm footing, reversing the bearish momentum that carried it through the closing weeks of last year. Interestingly, one strategist is already pushing the conversation far beyond near-term targets. In a recent post on the social media platform X, BarriC outlined a psychol...NewsBTC
Wed, Jan 7
Jefferies profit rises on dealmaking rebound, strong underwriting
Jan 7 (Reuters) - Jefferies JEF.N reported higher fourth-quarter profit on Wednesday, boosted by a rebound in dealmaking and strong underwriting, giving investors an early signal about the strength of Wall Street's investment-banking business.Wall Street banks have been buoyed by a rebound in me...Reuters
Wed, Jan 7
Elon Musk said Nvidia’s new autonomous models will not pressure Tesla’s Full Self-Driving system for at least five to six years
Elon Musk on Tuesday said he doesn’t see Nvidia’s new self-driving tools as a problem for Tesla right after the latter’s CEO Jensen Huang introduced Alpamayo at CES in Vegas. The Alpamayo system is supposed to help cars think like people, but Elon didn’t sound impressed. An X user compared it to Tesla’s Full Self-Driving, […]Cryptopolitan
Wed, Jan 7
Bitcoin’s Security Model May Shift As Quantum Computing Moves Forward: Analyst
A Coinbase research lead has warned that advances in quantum computing could pose wider risks to Bitcoin than simple wallet theft. Related Reading: Crypto Expansion Stalls In South Korea After VASP Approvals Take A Hit According to David Duong, the company’s global head of investment research, futur...Bitcoinist
Wed, Jan 7
Dogecoin (DOGE): Participate in cloud mining through Fleet Mining and explore a new way to achieve stable daily returns
Dogecoin was not a financial project of seriousness. It began as a light-hearted cryptocurrency based on the internet culture, but with time, it developed to be one of the most widely known digital assets globally. The simplicity of Dogecoin is not a complicated technology, and it is what makes it unique and enabled it to […]Cryptopolitan
Wed, Jan 7
Florida lawmakers introduce bills to create a state-run strategic cryptocurrency reserve backed primarily by Bitcoin
Representative John Snyder has sponsored House Bill (HB) 1039, a general bill to set the wheels in motion for a strategic crypto reserve in the state of Florida. He is not alone in his push, as Senator Joe Gruters proposed two bills, SB 1040 and SB 1038, which also call for the creation of the […]Cryptopolitan
Wed, Jan 7
UK electric car registrations are projected to reach 580,000 in 2026
UK electric car registrations are set to reach 580,000 units in 2026, which is 29% of all new car sales, according to new forecasts released by EV leasing firm DriveElectric. The projection is based on an increase from 2025, when the share of electric cars in new registrations was 23.4%, or 473,348 vehicles. While December […]Cryptopolitan
Wed, Jan 7
XRP Mirrors Gold’s Trajectory: What A Similar ATH Rally Would Mean
After enduring weeks of capitulation, sustained price declines, and overall market weakness last year, XRP is showing signs of a recovery. The cryptocurrency has rebounded above the $2.2 level after beginning the new year at a low of above $1.90. According to a crypto expert, XRP’s long-term outlook...NewsBTC
Wed, Jan 7
Bitcoin Core V30 Bug Risks Total Wallet Loss For Legacy Users
Bitcoin Core developers issued an urgent notice after discovering a wallet migration bug in versions 30.0 and 30.1 that can, in rare cases, delete wallet files on the same node, turning a routine upgrade step into a potential funds-loss event for users without backups. In a Jan. 5 statement, the Bit...Bitcoinist
Wed, Jan 7
Which Crypto To Buy Today For Short-Term: Ethereum (ETH) Vs Mutuum Finance (MUTM)
For the short-term cryptocurrency investors, the current debate is between allocating resources to established market giants or starting to invest in new protocols in early growth phases. Current market conditions require a wise approach between investing in well-known tokens that are growing slowly and investing in new tokens that are promising a faster pace of […]Cryptopolitan
Wed, Jan 7
Analyst Says Last Chance To Buy Enough XRP
An analyst recently suggested that the current market period could be the final opportunity for investors to accumulate what he considers a sufficient XRP position. In a post shared on X by The JWK Show and later expanded in a YouTube video, the analyst stated that anyone holding fewer than 50,000 X...Bitcoinist
Wed, Jan 7
Caterpillar is testing an AI system called "Cat AI" in its construction machinery with Nvidia's platform
A major construction equipment maker is testing artificial intelligence systems in its machines through a new collaboration with a leading chip manufacturer. Caterpillar announced it’s working with Nvidia to add AI capabilities to its construction machinery. The company showed off its new system, called “Cat AI,” at the Consumer Electronics Show on Wednesday. The technology […]Cryptopolitan
Wed, Jan 7
