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USA Rare Earth secures up to $1.6B CHIPS funding for US expansion

USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development of a domestic rare earth supply chain. The agreements formalize an earlier announcement that the Trump administration would support a $1.6 billion debt-and-equity funding package

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Technical Analysis – Ethereum tests 1,850: can bulls defend…

Overview: Ethereum remains under pressure, with ETHUSD continuing to trade within the descending trend channel that has guided the market lower since the early-May pullback. The cryptocurrency has struggled to generate meaningful upside momentum in recent weeks, as repeated recovery attempts have been met with selling interest. The broader technical structure continues to favor the

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Why is AVGO up? GOOG’s fundraising, Anthropic’s IPO, Huang’s Marvell call in focus

Broadcom’s stock surged more than 4% in trading on Tuesday as investors reacted positively to several developments tied to the artificial intelligence sector. Market sentiment was boosted by Alphabet’s plans to raise funds for AI infrastructure, Nvidia CEO Jensen Huang’s prediction that Marvell could become the “next trillion-dollar company,” and Anthropic’s recent IPO filing. The

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Bitcoin Breaks $70K: Why $66K Is the Next Target, 2 June,…

Bitcoin cryptocurrency can be expected to fall to the next support level 66000.00 (which reversed the price multiple times in March). Bitcoin broke round support level 70000.00 Likely to fall to support level 66000.00 Bitcoin cryptocurrency recently broke the support zone between the round support level 70000.00 (which stopped the previous minor correction ii at

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Business

Why Nvidia stock is soaring around 4% on Monday

Shares of Nvidia (NVDA) were surging on Monday morning in contrast to the broader market. The stock was soaring around 4% as the broader indices were under pressure in early trading. The move comes as Nvidia is stepping up its challenge to Intel and Advanced Micro Devices in the artificial intelligence hardware market, unveiling a

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CoreWeave stock jumps after major Nvidia Rubin news: what next?

CoreWeave (NASDAQ: CRWV) stock price jumped to $120, its highest point since May 8, as investors cheered the latest news from Taiwan, where Nvidia launched several products. CRWV has soared by nearly 82% from its lowest point this year. It has formed a double-bottom pattern, pointing to more gains. CoreWeave stock jumps as it validates

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Why Kospi’s AI-fuelled rally is leaving South Korea’s won behind

South Korea’s stock market has become one of the biggest beneficiaries of the global artificial intelligence boom, powered by surging demand for semiconductors from technology giants such as SK Hynix and Samsung Electronics. Yet even as the country’s benchmark Kospi index has outperformed every other major equity market over the past year, the South Korean

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Crude drops 14% in May as peace hopes outweigh supply fears

Oil prices in May experienced extreme volatility as uncertainty about the US-Iran ceasefire kept the market on edge.  Even as Brent crude prices had climbed more than $110 per barrel earlier this month, the benchmark contract could not sustain the high levels for long.  Crude futures cooled in May as hopes for a US–Iran deal

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Brent crude oil wavers on Hyperliquid as Trump seeks edits to his Iran deal

Brent crude oil price remained in a tight range on Hyperliquid as investors waited for President Donald Trump’s “final determination” on the Iran deal. It was trading at $92.40 on Sunday, down from last week’s high of $108.  Donald Trump requests edits to his ceasefire deal Brent, the global benchmark, dropped to $92.40, with a

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Crypto rally: Why Humanity, Worldcoin, FET, and Venice Token are soaring

A crypto rally resumed during the weekend, with Humanity Protocol (H), Worldcoin (WLD), Artificial Superintelligence Alliance (FET), and Venice Token (VVV) being the top gainers.  Humanity, Worldcoin, FET, and Venice Token are soaring Humanity token jumped to $0.40, its highest point since October last year, and 750% from its lowest level this year. This surge

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