TeraWulf $19B AI Lease Faces $3.5B Debt Check

TeraWulf Inc. traded higher Thursday after the company put a number on the cost of converting its $19 billion Anthropic lease into an operational AI campus: $3.5 billion in fresh debt.

Bitcoin lending bounces back, Wall Street credit takes lead as $60,000 level looms

Bitcoin lending bounces back, Wall Street credit takes lead as $60,000 level looms

Silicon Valley Bank, part of First Citizens BancShares, put bitcoin-backed loans in front of credit investors again, saying the business has shifted from failed crypto firms to overcollateralized lending, bank lines, and rated ABS. CoinDesk and FinanceFeeds reported on the change in the last 24 hours. Bitcoin traded under $60,000 at the time.
NVIDIA Stock Price Slides 3% Despite Amazon Chip Deal as Oil, Rate Fears Hit AI Trade

Nvidia Stock Drops as 362-Kilowatt Rack Puts Investor Risk in Focus

Nvidia shares dropped 3.6% to around $201.10 late Tuesday, pushing the chipmaker’s valuation under $5 trillion. A product detail from Monday is likely more important for investors though. Rolling out Nvidia’s next systems could hinge not just on processor demand but on power and cooling requirements.
Morgan Stanley Stock Approaches Year High Amid SpaceX IPO Talk

Morgan Stanley Stock Approaches Year High Amid SpaceX IPO Talk

Morgan Stanley shares ended higher on Friday as renewed interest in Wall Street banks and the SpaceX IPO pushed up the sector. The stock finished at $214.04, a 0.65% gain. It moved to $214.40 in after-hours trading, according to Google Finance. Morgan Stanley’s price sits close to its 52-week high of $219.16. The firm’s market cap is roughly $337.6 billion. The P/E ratio stands at 19.39, a common valuation measure comparing share price to earnings per share.
OpenAI IPO Filing Could Come Soon as ChatGPT Parent Moves Fast Toward Market Debut

OpenAI IPO Filing Could Come Soon as ChatGPT Parent Moves Fast Toward Market Debut

OpenAI is getting ready to file for an IPO soon, the Wall Street Journal said Wednesday. The ChatGPT developer is talking with bankers at Goldman Sachs and Morgan Stanley on a draft prospectus, which could get filed confidentially as early as Friday, Reuters said, citing the Journal. If it happens, it could be among the biggest technology IPOs ever.
Bitcoin Price Today Falls Back Below $78,000 as BTC’s $80,000 Test Stalls Despite ETF Inflows

Bitcoin Price Today Falls Back Below $78,000 as BTC’s $80,000 Test Stalls Despite ETF Inflows

Bitcoin dipped below $78,000 Thursday, losing momentum after briefly pushing close to $80,000—the highest mark for the cryptocurrency since late January. The price hovered near $77,400 in recent trading, off about 0.9% for the day. Earlier, Bitcoin had hit a session peak of $79,426, but sentiment cooled as news broke that Iran had seized two vessels in the Strait of Hormuz.
US Stock Market Today: S&P 500, Nasdaq Hit Record Highs as Wall Street Bets on Ceasefire, Earnings

US Stock Market Today: S&P 500, Nasdaq Hit Record Highs as Wall Street Bets on Ceasefire, Earnings

The S&P 500 and Nasdaq pushed to new intraday records Thursday, with Wall Street staying in rally mode amid optimism that Middle East tensions could cool. As of 11:38 a.m. ET, the S&P 500 had climbed 0.27% to 7,041.34, while the Nasdaq advanced 0.38% to 24,106.40. The Dow inched up, adding 0.06% to reach 48,494.13.
Dow Jones Today: Dow Lags as S&P 500 Hits Record High on Iran Talk Hopes, Bank Earnings

Dow Jones Today: Dow Lags as S&P 500 Hits Record High on Iran Talk Hopes, Bank Earnings

The Dow Jones Industrial Average trailed the broader market on Wednesday, down roughly 0.4%. The S&P 500 notched its first intraday record since the U.S.-Iran conflict kicked off, while the Nasdaq climbed nearly 1%. Renewed optimism over possible Washington-Tehran talks, along with another batch of upbeat bank earnings, helped sustain the risk-on mood.
US Stock Market Today: S&P 500 Hits Record as Wall Street Bets Earnings Can Outrun War Shock

US Stock Market Today: S&P 500 Hits Record as Wall Street Bets Earnings Can Outrun War Shock

U.S. stocks pressed upward Wednesday, the S&P 500 setting a fresh intraday high—the first since the U.S.-Iran conflict erupted—while the Nasdaq advanced nearly 1% by midafternoon. The Dow trailed behind, but sentiment held up, fueled by robust bank earnings and renewed optimism for possible Washington-Tehran talks.