📈 Stocks / Finance

Nvidia briefly hits $4T market cap

CNBC

Nvidia reached a $4T intraday market cap Wednesday before closing at $3.97T. Fueled by surging AI chip demand, the stock has gained 22% YTD. Despite $8B in lost China sales due to export curbs, it remains the world’s most valuable company.

Plug Power surges 19% on extended hydrogen deal

Yahoo Finance

Plug Power shares jumped 19.4% after announcing a strategic partnership extension through 2030 with a major U.S. industrial gas firm. The deal includes discounted liquid hydrogen supply and network efficiency improvements, boosted by recent federal legislation.

Gold dips 4% amid investor speculation

CBS News

Gold prices fell 4% since mid-June, dropping from $3,432.56 to $3,294.71 per ounce. Analysts cite short-term market forces, with potential surges toward $4,000 due to inflation risks and geopolitical volatility. Some investors see this dip as a buy-in opportunity.

🪙 Crypto

CoreWeave Acquires Core Scientific for $9B in AI Infrastructure Play

Latitude Media

CoreWeave will acquire Core Scientific in a $9B all-stock deal, gaining access to 1.3 GW of power capacity for AI workloads. Both firms, former crypto miners, reflect a broader trend of converting mining infrastructure to meet soaring AI data center demand.

🌎 Global Economy

Why many feel left behind by the global economy

Phys.org

Despite post-COVID recovery, many feel excluded from economic gains due to stagnant growth, rising inequality, lopsided globalization, and worsening climate risks. The IPCC warns of rising costs tied to extreme weather, while governments lag on climate action.