Bitcoin closed above the 50-week moving average on Thursday.
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Despite financing pressure, outstanding execution prevails; Citi maintains “Buy” rating on CoreWeave (CRWV.US) with a price target raised to $128.
Citi stated in a research report that CoreWeave has significantly outperformed expectations in terms of revenue, capacity, pricing, and profitability, demonstrating "outstanding execution within controllable range." Based on this, Citi maintains its "Buy/High Risk" rating and sets a target price of $128.
TSMC (TSM.US) personally invests in AI: spends $1 billion to acquire shares in Anthropic and OpenAI, entering the trillion-dollar IPO high-stakes arena
TSMC plans to invest up to $1 billion in both Anthropic and OpenAI, allocating $500 million to each company. The company's annual revenue is expected to increase by approximately 44%, with strong demand for AI chips continuing.
Correction to Barrick Article
Peter Brandt Sees 30-Year Yield at 7%. Would Bitcoin and Stocks Survive?
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