Grayscale has officially launched the first US Chainlink ETF, GLNK, on NYSE Arca, marking a significant development for investors seeking regulated exposure to blockchain infrastructure. The debut has coincided with a sharp recovery in the price of Chainlink (LINK) cryptocurrency. At press time, Chainlink’s native token, LINK, was trading at around $14.61 after recovering nearly
Amazon has officially launched Trainium3, its latest custom-built AI chip, signaling an aggressive push to challenge Nvidia’s grip on the artificial intelligence hardware market. The new chip delivers 4.4x faster performance and 40% greater energy efficiency compared to its predecessor, while AWS simultaneously rolled out Trn3 UltraServers capable of handling 144 chips in a single
Unstoppable Women of Web3 and AI today announced the inaugural winners of its Most Inspirational Women of AI and Web3 awards, recognising leaders driving innovation at the intersection of artificial intelligence and blockchain technologies. The awards program celebrates women nominated by the community for their meaningful contributions to the industries. Among the honorees, nearly half
US stocks rose on Friday as the Nasdaq Composite and S&P 500 each gained 0.2% and the Dow Jones Industrial Average added 124 points, or 0.3%, even as a data-centre failure briefly halted futures and options trading at the Chicago Mercantile Exchange. The disruption occurred during a historically low-volume, post-Thanksgiving session, raising the potential for
US equities advanced on Wednesday as Wall Street attempted to build on two straight days of gains, even as the broader market remains on track for a down month. The Dow Jones Industrial Average rose 171 points, or 0.4%. The S&P 500 gained 0.5%, while the Nasdaq Composite advanced 0.7%. Nvidia climbed more than 2%,
The Nasdaq Composite fell on Tuesday, giving back some of the prior session’s gains after a strong rally in artificial intelligence-linked names. The tech-heavy index lost 0.4%, while the S&P 500 hovered around the flatline. The Dow Jones Industrial Average outperformed, rising 205 points, or 0.5%. Sentiment was shaken by a report suggesting Meta Platforms may shift billions of
USs stocks rose on Monday, with Alphabet driving a broader rebound as the market attempted to stabilise after a sharp November decline driven by fading enthusiasm for artificial intelligence stocks. Major indices gained ground heading into the Thanksgiving holiday week, though volatility remains a concern given thinning trading volumes and persistent questions around elevated valuations.
US equities advanced on Friday after New York Federal Reserve President John Williams suggested the central bank may have room to cut interest rates again in December. The comments helped the stocks set onto a path to break a two-day slide driven by weakness in artificial intelligence stocks and renewed rate-policy uncertainty. The Dow Jones
US stocks surged on Thursday after Nvidia delivered a standout quarterly performance and issued a robust forecast that restored confidence in the artificial intelligence trade underpinning the current bull market. The Dow Jones Industrial Average rallied 621 points, or 1.3%, while the S&P 500 climbed 1.6%. The Nasdaq Composite outperformed with a 2.2% gain. Nvidia
US stocks were little changed on Wednesday as traders looked to Nvidia’s upcoming earnings report to ease concerns about stretched valuations in the artificial intelligence sector. The move followed a four-day slide led by technology shares, which have come under renewed scrutiny as fears of an overheating AI trade intensified. The S&P 500 rose 0.1%,