Terawulf Inc (NASADQ: WULF) soared nearly 50% this morning after announcing “two 10-year high-performance computing (HPC) colocation agreements” with the London-based Fluidstack. The announced artificial intelligence (AI) deals represent up to $8.7 billion in contracted revenue over the next two decades, the company’s press release confirmed on Thursday.Terawulf stock has…
Palantir Technologies Inc (NASDAQ: PLTR) has been the darling among retail investors interested in playing the defence-tech space in recent months.However, with a forward price-to-earnings (P/E) multiple of well past 400, the data analytics firm sure warrants caution at the time of writing.For those overly concerned about PLTR valuation, Virginia-headquartered…
India has erased almost all extreme poverty in a single decade and secured its first sovereign credit upgrade in 18 years. The country’s economy has been growing faster than any other in Asia, yet its manufacturing sector still lags behind smaller peers like Vietnam and Bangladesh.Investors see a rising giant,…
US President Donald Trump and Russian President Vladimir Putin are set to meet in Alaska on Friday to discuss a potential resolution to the war in Ukraine.The summit marks the first in-person dialogue between the two leaders since Russia’s full-scale invasion in 2022.While broader European equities rallied on news of…
Shares in Uruguayan payments firm Dlocal recorded their sharpest intraday gain in four years on Thursday, after the company reported better-than-expected quarterly results and lifted its full-year outlook. The stock jumped as much as 34.6% to trade at $15.74 — the largest single-day surge since June 2021 — following the…
European markets pushed higher again on Friday, with London’s FTSE 100 smashing another record high at the open, yet the celebratory mood on the trading floor masks a deeply troubling economic reality unfolding on the city’s streets. While stocks climb, a severe contraction in the capital’s job market is flashing…
While cancer treatment is progressing at a fast rate the world over with new targeted drugs being launched, immunotherapy and radiation, therapy resistance continues to remain an obstacle in the road to recovery of a cancer patient.With drug resistance believed to cause a majority of cancer-related deaths, several US oncology…
Shares of Applied Materials fell nearly 14% in premarket trading on Friday after the US chip equipment maker issued a downbeat fiscal fourth-quarter forecast, citing sluggish demand from China and growing tariff-related risks.The Santa Clara, California-based company projected adjusted earnings per share of $2.11, plus or minus 20 cents, for…
Shares in Uruguayan payments firm Dlocal recorded their sharpest intraday gain in four years on Thursday, after the company reported better-than-expected quarterly results and lifted its full-year outlook. The stock jumped as much as 34.6% to trade at $15.74 — the largest single-day surge since June 2021 — following the…
Swatch Group stock price has crashed in the past few years as the company goes through a double-whammy of slow Chinese demand and Donald Trump’s tariffs. The UHR share price was trading at CHF 140, down from the post-pandemic high of CHF 315. So, is it a bargain or a…