Fast-growing AI player taps markets for billions amid data-center frenzy

An analyst who previously purchased Palantir shares below $10 has updated their stock price target, reflecting the ongoing momentum in the artificial intelligence sector. This comes as AI technologies continue to gain traction, with businesses increasingly investing in AI solutions to enhance operations and services.

Bitcoin has rebounded more than 10% after a challenging week, largely driven by Vanguard's unexpected decision to embrace cryptocurrency exchange-traded funds (ETFs). This recovery comes after a significant selloff that had previously erased nearly $1 billion in leveraged bets on the cryptocurrency.

AT&T has initiated a lawsuit against T-Mobile, alleging that the latter's recent strategies to attract customers are unfair and aggressive. This legal action highlights the escalating competition in the telecommunications market as companies vie for customer loyalty amidst shifting consumer preferences.

Bank of America has adjusted its forecast for the Federal Reserve's interest rate cuts ahead of the upcoming FOMC meeting, reflecting ongoing concerns about high mortgage rates and housing prices that have sidelined many potential homebuyers. This adjustment comes amid a challenging economic landscape where mortgage rates remain significantly elevated compared to 2021 levels.

A popular outdoor sports retailer has filed for Chapter 11 bankruptcy, indicating significant financial distress within the company. This legal move allows the retailer to reorganize its debts while continuing operations, reflecting a shift in consumer purchasing behavior and challenges in the retail sector.

Tesla is facing significant challenges in the Chinese market, as recent developments indicate a slowdown in demand, contrasting with previous expectations of growth. The company's stock has been negatively impacted as investors reassess the sustainability of its performance in this critical region.

Bitcoin has experienced a significant decline, dropping over 30% recently, while Ether has fallen around 40%. This downturn follows the evaporation of gains attributed to President Trump's pro-crypto policies, marking a stark contrast to earlier predictions of soaring prices.

Bitcoin has rebounded above $90,000 after a significant selloff, providing a momentary relief to investors who had witnessed a decline in the cryptocurrency market. This recovery comes after Bitcoin had previously lost nearly $1 billion in leveraged bets, raising concerns about market volatility.