Bitcoin Miner IREN Stock Surges 30% After CEO Says Demand Outstrips Supply
IREN stock jumped 30% after CEO Daniel Roberts said demand for its AI computing capacity exceeds what the company can build, with signed contracts already covering most of its 2026 revenue target.
KOSPI Snaps Back 15% as Asia’s AI Chip Rally Returns
South Korea’s KOSPI index surged by double digits on Friday morning. The rebound follows back-to-back circuit breakers on Tuesday and Wednesday, as well as sharp monthly losses. Stronger-than-expected cloud results from Microsoft and Amazon revived confidence in AI spending, sparking a chip rally across Seoul and Tokyo. KOSPI Rebound Triggers Buy-Side…
Starbucks Stock to $120? Cramer Says Turnaround Is Accelerating
Jim Cramer raises his Starbucks price target to $120, saying shares could clear $100 as Niccol's turnaround plan gains traction.
Amid Rising AI Costs and IPOs, OpenAI Slashes Prices for Customers
OpenAI cut GPT-5.6 prices as cost-wary businesses and looming OpenAI, Anthropic IPOs squeeze AI labs.
Elon Musk Says 90% of Earth Would Move to Spain: Is He Right?
Elon Musk says 90% of Earth would move to Spain. Thousands just crossed into Ceuta. Here is what he means.
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