🚀 Cryptocurrency and AI Stocks Surge Following Major GPU Supply Deal
#Cryptocurrency #AI #Stocks #GPU #Mining #NebiusGroup #Microsoft #WGMI #IREN #CipherMining #CIFR #Oracle #ORCL #CoinShares
According to PANews, cryptocurrency mining and artificial intelligence-related stocks experienced a significant surge on Tuesday, driven by a $17.4 billion GPU supply agreement between Nebius Group and Microsoft. CoinShares Bitcoin Mining ETF (WGMI) saw its stock price rise by 12%, reaching a record high of $33.13. Since the beginning of the year, the ETF has increased by 44%, surpassing its initial listing price of approximately $30.
The ETF's top two holdings have shown remarkable performance year-to-date: IREN's stock price has soared by 188%, while Cipher Mining (CIFR) has seen a 90% increase. WGMI manages total assets worth $175.7 million, with an expense ratio of 0.75%. The AI boom has also boosted Oracle's (ORCL) stock, which jumped 30% in pre-market trading on Wednesday.#Cryptocurrency #AI #Stocks #GPU #Mining #NebiusGroup #Microsoft #WGMI #IREN #CipherMining #CIFR #Oracle #ORCL #CoinShares
🚀 U.S. Tech Stocks Rally in Pre-Market: AMD Jumps 4%, Nvidia and ASML Follow Higher
#USTechStocks #TechStocks #Premarket #AMD #NVIDIA #ASML #QCOM #INTC #ORCL #TSLA #AI #Semiconductors
According to ChainCatcher, U.S. technology stocks saw broad gains in pre-market trading on Monday, reflecting improved sentiment toward the sector.AMD (NASDAQ: AMD) led the rally with a 4% increase, supported by strong demand expectations for AI and semiconductor products.ASML (NASDAQ: ASML), Nvidia (NASDAQ: NVDA), and Qualcomm (NASDAQ: QCOM) each advanced about 3.5%, while Intel (NASDAQ: INTC), Oracle (NYSE: ORCL), and Tesla (NASDAQ: TSLA) were up roughly 2.5% apiece.#USTechStocks #TechStocks #Premarket #AMD #NVIDIA #ASML #QCOM #INTC #ORCL #TSLA #AI #Semiconductors