📈 Stocks / Finance

Meta stock slips as AI and metaverse concerns resurface

Investor’s Business Daily

Meta stock fell over 2% to 765.93 amid concerns over metaverse losses and AI scrutiny. Reality Labs is projected to lose $20B in 2025. Lawmakers are probing Meta's gen AI policies, while investors weigh the firm’s $2T market cap push against growing regulatory risk.

TeraWulf surges as Google boosts stake, fueling $6.7B deal pipeline

CNBC

TeraWulf shares jumped over 4% after Google raised its stake to 14%, adding $1.4B in backstop support. The AI-aligned data center operator now has $6.7B in contracted revenue, with stock up ~90% in a week following major deals with Fluidstack.

Amazon nears breakout as investors eye delivery push

Investor’s Business Daily

Amazon rose 3.75% last week, nearing a 236.53 buy point. A 2.9% jump Thursday followed news of a major grocery delivery expansion. The stock has recovered from spring tariff-driven weakness and now sits 5% higher YTD with a 94 Composite Rating.

🪙 Crypto

Crypto pullback hits Bitcoin, Ethereum, and related stocks

Yahoo Finance

Bitcoin fell below $117K and Ethereum dropped 3% as crypto markets corrected after 2025 highs. Over $1.7B in long positions were liquidated. COIN, MSTR, and HOOD dipped early but partially recovered. Rate cut doubts and inflation data weighed on sentiment.

🌎 Global Economy

US eases chip sales to China, signaling shift in tech policy

World Economic Forum

The US reversed some chip export bans, allowing firms like Nvidia to resume limited AI processor sales to China. Experts say this may offer short-term boosts but won’t alter China's push for tech self-reliance, highlighting risks of global supply chain fragmentation.

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