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Cathie Wood's Ark Invest Rebuilds Alibaba Position Amid Renewed AI Momentum
Shortly after Cathie Wood's Ark Invest re-established its position, Alibaba’s stock surged 9%, fueled by major advancements in its AI strategy, including a full-stack AI upgrade and a new partnership with Nvidia.
TradingKey
Wed, Sep 24
US Antimony Corp Jumps 22% After Securing $245 Million Sole-Source Defense Deal
TradingKey - United States Antimony Corporation (USAC) announced Tuesday that it has signed a five-year, sole-source contract with the U.S. Defense Logistics Agency (DLA) worth up to $245 million to supply antimony metal ingots to the U.S. National Defense Stockpile.
TradingKey
Wed, Sep 24
Biggest Cloud Provider Amazon’s AI Lag Makes It the Magnificent Seven’s Most Vulnerable in 2025
TradingKey - Despite remaining the leader in cloud computing, Amazon has struggled to convince investors with a clear AI growth narrative, and its dominance in the cloud may be at risk. Amazon’s stock has risen just 0.60% this year, making it the weakest performer among the U.S. tech Magnificent
TradingKey
Wed, Sep 24
USD/INR strengthens as FIIs outflow, US H-1B visa fees hike weigh on Indian Rupee
The Indian Rupee (INR) refreshes its all-time low around 89.10 against the US Dollar (USD) at open on Wednesday. The USD/INR pair trades in uncharted territory as an absence of a breakthrough in trade discussions between India and the United States (US) over the bilateral trade agreement and the annFxstreet
Wed, Sep 24
WTI holds losses near $63.50 despite growing supply concerns
West Texas Intermediate (WTI) Oil price edges lower after registering more than 2% in the previous session, trading around $63.50 per barrel during the Asian hours on Wednesday. Crude Oil prices gained ground after the American Petroleum Institute’s (API) Weekly Statistical Bulletin (WSB) reported a
Fxstreet
Wed, Sep 24
Trump’s Crypto 401(k) Plan Sparks Lawmaker Support, SEC In Spotlight
Reports have disclosed that a bipartisan group of lawmakers has asked the Securities and Exchange Commission to act quickly on an executive order from US President Donald Trump that could open 401(k) plans to alternative assets, including cryptocurrencies. Related Reading: Violence Rises: Crypto Hol...Bitcoinist
Wed, Sep 24
Trump’s ‘National Capital’ Strategy Targets Lithium with 10% Stake Bid
TradingKey - Shares of pure-play lithium producer Lithium Americas surged more than 80% in after-hours trading on Tuesday, breaking past $5.60 per share. The rally followed market reports that the Trump administration is actively seeking to acquire up to a 10% equity stake in the company.
TradingKey
Wed, Sep 24
Supply Crunch, Record Profits, Profit Focus: Micron’s Q4 Earnings Defy the Memory Cycle
TradingKey - Micron Technology (MU), the sole U.S.-based memory chipmaker, delivered a stunning Q4 FY2025 earnings report and issued first-quarter FY2026 guidance far above market expectations. Fueled by AI and data center demand, High Bandwidth Memory (HBM) products are in severe shortage, and
TradingKey
Wed, Sep 24
Zijin Gold Delays $3.2 Billion IPO as Typhoon Pummels Hong Kong
Zijin Gold International Co. delayed its $3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a standstill and disrupting the company’s ability to take orders for its initial public offering.Tiger News
Wed, Sep 24
In OpenAI Megadeal, Nvidia Discusses a New Business Model: Chip Leasing
OpenAI and Nvidia are discussing an unusual way to structure their new artificial intelligence data center partnership, under which OpenAI would lease Nvidia’s AI chips rather than buying them, according to two people who spoke to executives at the companies about it, The information reported.Tiger News
Wed, Sep 24
OpenAI reveals Stargate AI facility in Texas, projects planned in five more states
OpenAI revealed plans Tuesday to build six large computer facilities across the country, adding to its current Texas location as part of a massive $500 billion spending plan that President Donald Trump highlighted earlier this year.Cryptopolitan
Wed, Sep 24
U.S. business growth in September slowed to its weakest pace in three months as tariffs pushed up costs and demand cooled
U.S. business activity grew in September but at the weakest pace in three months, with softer demand limiting how much firms could raise prices even as tariffs added to their costs.Cryptopolitan
Wed, Sep 24
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