AI Spending
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cryptoTech Selloff Drags Bitcoin, Crypto to Yearly Lows on AI Profit Fears
A major tech sector rout, driven by skepticism over AI spending, pulled Bitcoin to $58K and pushed crypto sentiment to 'Extreme Fear.' Institutional correlation with tech stocks amplifies the downturn.
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cryptoStrong Jobs Data Sparks Rate Hike Fears, Weighs on Markets
The US economy added 172,000 jobs in May, far exceeding expectations, fueling bets on a potential Federal Reserve rate hike.
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cryptoVanEck CEO Reveals $750K Annual Spending on Claude AI Tokens
VanEck CEO Jan van Eck disclosed $750,000/year in Claude AI tokens, highlighting billion-token daily use in operations.
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financeNASDAQ 100 Shatters Records, Surpasses 30,000 for the First Time
The tech-heavy index crossed 30,000 for the first time, fueled by AI spending and strong earnings.
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techApplied Materials Forecasts Strong Revenue on AI Spending Surge
Applied Materials beats Q2 estimates and forecasts Q3 revenue above Street views, driven by sustained investments in AI infrastructure.
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cryptoArthur Hayes Declares Bitcoin Bull Market, Targets $126K
BitMEX co-founder Arthur Hayes argues that AI spending, war, and infrastructure rearmament will drive Bitcoin to $126,000.
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techBig Tech Boosts AI Spending as US-China Rivalry Heats Up
Google, Meta, and Microsoft increase AI capital expenditure amid geopolitical competition, signaling a strategic push.
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financeMeta Shares Tumble While Alphabet Surges on AI Earnings
Meta drops 10% as Alphabet gains 6% after earnings reveal divergent investor reactions to AI spending.