Wall Street’s biggest trading desks spent weeks saying the stock-market rally would resume once the election was done. On Thursday, that call backfired spectacularly.
Markets have been reacting to possible tougher scrutiny of data centre construction and the AI industry following the US midterms.
Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory.
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Its new hot-wallet loss test uses separate measurement bases, while independent verification of current PoSEC data remains in progress. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7. 5% of quarterly revenue.