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TeraWulf jumps on $19 billion data center lease deal with Anthropic
Reuters43d agobullish
TeraWulf jumps on $19 billion data center lease deal with Anthropic

TeraWulf said on Monday it signed a 20-year lease with Anthropic ‌for data center infrastructure, a deal expected ‌to generate about $19 billion in contracted revenue, sending the bitcoin ​miner's shares up more than 10% in early trading. The deal secures long-term, recurring revenue for TeraWulf from an AI customer as it shifts away from ‌relying on bitcoin ⁠mining, a transition the company said in May would increasingly drive its business. • The Anthropic lease covers a purpose-built AI infrastructure campus at TeraWulf's Justified Data site ​in Hawesville, ​Kentucky.

3 Reasons FNF is Risky and 1 Stock to Buy Instead
StockStory43d agobullish
3 Reasons FNF is Risky and 1 Stock to Buy Instead

Over the last six months, Fidelity National Financial’s shares have sunk to $48.83, producing a disappointing 13.7% loss - a stark contrast to the S&P 500’s 7.7% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.

Is DraftKings (DKNG) a Buy as Wall Street Analysts Look Optimistic?
Zacks43d agobullish
Is DraftKings (DKNG) a Buy as Wall Street Analysts Look Optimistic?

According to the average brokerage recommendation (ABR), one should invest in DraftKings (DKNG). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

3 Utility ETFs to Buy Now as AI Data Centers Trigger a 1970s-Scale Power Buildout
24/7 Wall St.43d agobullish
3 Utility ETFs to Buy Now as AI Data Centers Trigger a 1970s-Scale Power Buildout

US electricity demand grew roughly flat for a decade. That ended once hyperscalers began signing twenty-year power purchase agreements to feed AI training clusters. Utilities are now planning generation and transmission build-outs on a scale not seen since the 1970s, and three ETFs offer different ways to own that capex cycle: Utilities Select Sector SPDR ... 3 Utility ETFs to Buy Now as AI Data Centers Trigger a 1970s-Scale Power Buildout

SanDisk Rebounds 5%, Western Digital Gains 5%, Micron Climbs 3% as UBS, Citi, BofA Turn Bullish on Memory
24/7 Wall St.43d agobullish
SanDisk Rebounds 5%, Western Digital Gains 5%, Micron Climbs 3% as UBS, Citi, BofA Turn Bullish on Memory

Memory names are ripping higher in early Monday trading. SanDisk (NASDAQ:SNDK) stock is up 5% to $1,836, Western Digital (NASDAQ:WDC) shares are up 5% to $565.33, and Micron Technology (NASDAQ:MU) stock is up 3% to $1,008.77. The bounce comes after a brutal Thursday session, when SanDisk shares fell 14%, Western Digital shares dropped 10%, and ... SanDisk Rebounds 5%, Western Digital Gains 5%, Micron Climbs 3% as UBS, Citi, BofA Turn Bullish on Memory

Strategy Knee-Caps Bitcoin Rally With $216 Million Sale
Investor's Business Daily43d agobullish
Strategy Knee-Caps Bitcoin Rally With $216 Million Sale

The bitcoin price hit an air pocket after Strategy revealed that it sold $216 million worth of the cryptocurrency last week to fund preferred stock dividends. MSTR stock reversed lower after the filing as the iShares Bitcoin Trust ETF, which tracks the bitcoin price, erased solid early gains. Strategy shares rallied 22.4% last week as the bitcoin whale hit the brakes on new issuance of MSTR stock to raise much-needed cash.

Bloomberg43d agobullish
BlackRock, Vanguard ETFs Diverge Over 170% AI-Fueled Rally

(Bloomberg) -- For more than a decade, investors could treat the two biggest emerging-market exchange-traded funds as almost interchangeable.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsFIFA Allows Balogun to Play After Trump Call Sparking UproarNow, a long-running schism over wh

Sky agrees to buy British broadcaster ITV for up to £1.6 billion
Euronews43d agobullish
Sky agrees to buy British broadcaster ITV for up to £1.6 billion

The two British media businesses are set to come under one roof, as ITV has agreed to sell its broadcasting and streaming business to Sky for up to £1.6bn (€1.87bn), in a deal that would create a major new competitor to global streaming platforms.View on euronews

How Nvidia Became The Black Sheep Of The Chip Stock Rally
24/7 Wall St.43d agobullish
How Nvidia Became The Black Sheep Of The Chip Stock Rally

NVIDIA’s fundamentals have never looked stronger, yet its stock is limping through 2026. NVIDIA (NASDAQ:NVDA) is up just 3.2% year to date, a striking laggard in a sector where money is flooding into almost everything else. That is the paradox: the company at the center of the AI buildout has become the black sheep of ... How Nvidia Became The Black Sheep Of The Chip Stock Rally

Bloomberg43d agobullish
Broadcom, Apple Expand Partnership to 2031 With Custom Chips

(Bloomberg) -- Broadcom Inc. said Monday that it will provide custom chips for Apple Inc. in an expanded deal that runs through 2031.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsFIFA Allows Balogun to Play After Trump Call Sparking UproarThe companies have signed a new multi-year