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OpenAI Revenue Miss Triggers $2.7T AI Selloff on October 9
OpenAI’s $50 billion revenue disclosure, $20 billion below expectations, triggered a sharp selloff in AI stocks. Nvidia fell 3%, Oracle 6%, CoreWeave 8% on October 8.
Arthur Hayes Warns AI Boom Will Waste Trillions, Predicts Crypto Rally by 2028
Arthur Hayes predicts AI data-center overbuilding will lead to a market crash and bailout by late 2027 or 2028, positioning Bitcoin to benefit from excess liquidity.
AMD Jumps 3% to $649.42 as Meta Muse Drives CPU Renaissance
AMD stock hits fresh high at $649.42 as Meta Muse AI agent adoption drives CPU demand. Citi upgrades AMD price target, projecting CPU market to expand from $29B in 2025 to $300B by 2030.
AMD Hits $1 Trillion Market Cap as Meta Muse Drives CPU Demand Surge
AMD stock jumps 2.8% to $649.42 as Meta Muse and OpenAI Dots AI agents run on AMD EPYC CPUs, lifting the chipmaker into the trillion-dollar market cap club and outpacing tech megacaps.
GMO Research & AI Loses 950,000 Records in Cyberattack; Points Stolen
GMO Research & AI confirms 950,000 personal records leaked via infoQ survey site; 2.87 million yen in points stolen. Company will reimburse all fraudulent exchanges.
Canada Approves $33B LNG Expansion as Carney Backs Energy Push
LNG Canada greenlights $33 billion Phase 2 expansion in Kitimat, doubling capacity to 28 million tonnes per year and creating 4,000 jobs. Prime Minister Mark Carney calls it a nation-building investment.
Nasdaq Surges 2% to Record as Tech Stocks Rally on Oil Decline
Nasdaq hits record high with 2.26% gain as tech stocks surge and oil prices fall 4.5%. S&P 500 posts best day since early August amid AI rally and geopolitical optimism.
Xiaomi 18 Pro Max Launches September 23 With 8,500mAh Battery
Xiaomi 18 Pro and 18 Pro Max launch September 23 with 8,500mAh batteries, 4,000-nit privacy displays, and dual 200MP Leica cameras. Meyka rates 1810.HK B+.
Bittensor USD Climbs 6.6% to $247.58 as Altcoin Rally Accelerates
TAOUSD surged 6.6% to $247.58 on September 19 as Bitcoin broke $80,000 and the Altcoin Season Index jumped 4.76%, lifting the AI crypto sector.