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Why Is Meta (META) Stock Soaring Today
StockStory39d agobullish
Why Is Meta (META) Stock Soaring Today

Shares of social network operator Meta Platforms (NASDAQ:META) jumped 5.2% in the afternoon session after a cluster of AI infrastructure and product news reframed the company's heavy capital spending as a path to lower costs, new revenue, and faster growth rather than a pure expense drag.

Why the Pure Bitcoin-Miner Fund Crushed the Blockchain Basket, Up 184%
24/7 Wall St.39d agoneutral
Why the Pure Bitcoin-Miner Fund Crushed the Blockchain Basket, Up 184%

The Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) is the go-to actively managed vehicle for investors who want one ticker that covers the entire blockchain economy. BLOK owners get miners, exchanges, treasury holders, payment processors, and enterprise adopters bundled together, which is exactly the pitch: diversified exposure to a volatile theme without the risk of picking ... Why the Pure Bitcoin-Miner Fund Crushed the Blockchain Basket, Up 184%

SK hynix surges on first day of trading on Wall Street
AFP39d agobullish
SK hynix surges on first day of trading on Wall Street

South Korean chip giant SK hynix soared 13 percent on its first day of trading on Wall Street on Friday, capping one of the world's biggest ever stock sales as it takes advantage of the AI boom.Tech stocks have tumbled in recent weeks on fears of overheated valuations -- although SK hynix has soared more than 220 percent this year in Seoul -- and questions about when enormous global AI spending will reap returns.

A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?
24/7 Wall St.39d agoneutral
A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

John Coogan spent Wednesday’s TBPN segment arguing that the largest AI hardware IPO no US retail investor can buy yet might also be the cheapest name in the entire complex. SK Hynix, the South Korean memory giant, is preparing what could be a $28 billion NASDAQ listing, potentially ranking among the largest ever New York ... A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

Kyverna Therapeutics Sinks 13%: Here’s Why
24/7 Wall St.39d agoneutral
Kyverna Therapeutics Sinks 13%: Here’s Why

A single analyst note sent Kyverna Therapeutics tumbling despite a clinical milestone that had investors cheering just weeks ago, and the question now is whether the selloff marks a buying opportunity or the start of a painful unwind.