Riot Platforms Redefines Bitcoin Mining Narrative with AMD AI Data Center Agreement
Riot Platforms (NasdaqCM:RIOT) has entered into a 10-year lease agreement with AMD for a data center aimed at high-performance computing and AI tasks. Additionally, the company has acquired 200 acres at its Rockdale site to facilitate a significant expansion of its data center operations. This indicates a shift in focus from solely Bitcoin mining to […]
Grubhub confirms data breach while facing extortion threats from hackers
Grubhub has recently acknowledged a data breach after an unauthorized attacker accessed parts of its internal systems. This revelation coincides with reports from BleepingComputer that the company is dealing with extortion threats regarding stolen data. In its statement, Grubhub mentioned that they quickly identified and halted the unauthorized activity. They noted, “We are aware that […]
New York and California will together lose 6 House seats following the 2030 census data review.
Blue State Blues Democratic bastions New York and California are set to lose six House seats combined after 2030, driven largely by the population surge in the Sunbelt, as per new census data analysis released on Tuesday. According to the Redistricting Network, New York is expected to shed two additional seats in the next ten […]
What is the timing of the US S&P Global PMI data and what impact might it have on EUR/USD?
US Breaking PMI Overview The initial data for the US S&P World Purchasing Managers’ Index (PMI) for January is set to be announced today at 2:45 PM (Japan time). Early estimates suggest that the US headline PMI increased more quickly, reflecting improvements in both the manufacturing and services sectors. The overall PMI for December stood […]
EUR/USD approaches recent highs with support before US PMI data is released.
The EUR/USD exchange rate has seen a slight drop, currently hovering just above 1.1730 on Friday. Still, it has managed to hold on to much of yesterday’s gains and is headed for its best weekly result since June. However, the preliminary Purchasing Managers’ Index (PMI) figures from the Eurozone didn’t offer much boost to the […]
Australian Dollar rises after PMI data release
Australian Dollar Gains Against US Dollar The Australian dollar saw a slight increase against the US dollar on Friday, marking its second consecutive day of gains. The AUD/USD pair remained in focus as Australia’s S&P Global Manufacturing Purchasing Managers Index (PMI) preliminary reading for January came in at 52.4, up from 51.6 previously. The Services […]
Former cryptocurrency miners constructing a 430 MW data center in a hidden location.
Applied Digital Begins Work on New Data Center Applied Digital, originally focused on cryptocurrency mining, is now stepping into the AI infrastructure space. They’ve kicked off construction for a 430 MW data center in the southern United States, although they haven’t disclosed its exact location yet. However, the company has previously faced opposition in other […]
Coupang Investors Demand U.S. Investigation into South Korea’s Management of Data Leak, Sen. Mike Lee Claims ‘Persecution’
On Thursday, two significant investors in Coupang urged the Trump administration to look into South Korea’s actions following accusations of “unprecedented persecution” by Senator Mike Lee (R-Utah). Greenoaks and Altimeter, both tech investors in the e-commerce firm, voiced concern after a substantial data breach cost them billions. In response, Coupang criticized what it termed a […]
EUR/USD rises slightly as lower US Dollar balances strong US data
The euro (EUR) saw a slight increase against the U.S. dollar (USD) on Thursday, largely driven by a general weakness in the dollar itself. Traders seemed to overlook some strong economic indicators from the U.S. At this point, EUR/USD is hovering around 1.1742, bouncing back from the previous day’s dip. Recent data from the U.S. […]
Murders in the US reach the lowest rate since 1900, new data reveals a national trend
Crime Rates Drop in DC Post-Trump’s Policies Chad Bianco, the sheriff of Riverside County in California and a gubernatorial candidate, recently shared his insights on “Fox & Friends Weekend” regarding the shift in crime rates since President Trump’s administration. This discussion comes amidst Democratic leaders resisting Trump’s strict crime measures, particularly in relation to defunding […]