Fundstrat technical strategist Mark Newton says the US stock market is poised to broaden beyond semiconductors and memory stocks, warning that tech has gotten “over its skis” after an 18% rally in eight weeks and is likely to consolidate through the summer. Speaking in a recent interview, Newton identified financials, industrials, consumer discretionary, and healthcare […]
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The European Union has now published a set of measures aimed at boosting Europe’s tech industry to help reduce reliance on US and Chinese suppliers for AI, cloud, and semiconductors. The proposals include rules to restrict the use of US hyperscalers for certain public sector procurement purposes, but stop short of banning them outright.
“Technological sovereignty does not mean protectionism. Europe remains grounded in openness, partnership, and fair competition,” Henna Virkkunen, executive vice president for Tech Sovereignty, Security and Democracy, said in a statement Wednesday. “At the same time, Europe wants to be in the position to make its own choices, avoiding dependence on single dominant suppliers, especially from non-like-minded countries.”
The European Technological Sovereignty Package — released after several delays — includes two legislative proposals: the Cloud and AI Development Act and Chips Act (CAIDA) 2.0 and the Open Source Strategy and Strategic Roadmap for Digitaliz
Fundstrat’s Tom Lee thinks 2027 and 2028 could represent a one-in-a-lifetime time period for stock gains. Lee says in a new interview with CNBC that stocks could witness challenges between now and December and encourages investors to remain “vigilant but generally bullish.” He notes that three potential major initial public offerings and midterm election seasonality […]
The post Fundstrat’s Tom Lee Says 2027 and 2028 Could Witness the ‘Biggest Gains in the Stock Market in Our Lifetime’ – Here’s Why appeared first on The Daily Hodl.
Financial stakes of AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this year
Anthropic has filed confidentially for an initial public offering on the US stock market, the company announced Monday. The AI firm makes the Claude chatbot, popular with software engineers and other business clients, and has seen a meteoric rise this year.
The company did not disclose the valuation it will target on the stock market, nor did it make public other terms of the offering. The startup announced on Thursday that it had raised $65bn in funding to value the company at $965bn post-money. Anthropic was valued at $380bn in February.
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South Korea's economic growth prospects improve, but heavy reliance on semiconductors poses significant risks amid potential market volatility.
The post South Korea’s exports surge 53% in May, driven by AI chip boom appeared first on Crypto Briefing.
The post NAWS AI Joins Iris Global To Advance AI In Healthcare appeared on BitcoinEthereumNews.com.
NAWS AI, an artificial intelligence (AI) focused agent services platform, has announced its groundbreaking partnership with Iris Global, a medical concierge service provider. The basic objective of this partnership is to enhance global medical concierge services for streamlined access to healthcare worldwide. Official Announcement of Partnership: NAWS AI x Iris Global We have entered a strategic partnership with Iris Global, a global medical concierge provider licensed by KHIDI under the Ministry of Health and Welfare of Korea. By combining NAWS AI’s AI agent services and the… pic.twitter.com/gxadouCDIC — NAWS.AI (@NAWS_Official) May 30, 2026 In this digitalized world, where there is fierce competition between every next competitor, no one thinks about the healthcare of people. Iris Global is no less than a blessing for people around the entire world. Iris Global is certified by the Kore
A concise overview of Medibloc, the MED token, what problem it targets in healthcare data, token mechanics, ecosystem context, and key risks.
The post Medibloc Token Overview: How MED Works In Healthcare appeared first on BiteMyCoin.
SpaceX's upcoming IPO could redefine financial markets with its unprecedented scale and transformative potential.
The post Morgan Brennan: SpaceX’s IPO could be the largest in history, the total addressable market is projected at $28.5 trillion, and space manufacturing will revolutionize healthcare | The Pomp Podcast appeared first on Crypto Briefing.
