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The Motley Fool
23 days ago
Cathie Wood's Ark Investment Management purchased 4.4 million shares of Bitmine Immersion Technologies, a Bitcoin mining company that recently pivoted to Ethereum. The company aims to acquire 5% of Ethereum's total supply and has already accumulated over $1 billion in Ethereum tokens.
GlobeNewswire Inc.
Interview Kickstart launches comprehensive Data Science Course preparing professionals for AI-driven analytics roles, focusing on technical skills and career development for top tech companies.
The SPDR Portfolio S&P 500 High Dividend ETF offers investors a low-cost way to access high-dividend stocks with consistent income potential, tracking the 80 highest-yielding S&P 500 companies and providing a 4.5% distribution yield.
Jim Rickards highlights a little-known U.S. law that could provide strategic access to critical minerals like lithium, cobalt, and rare earth elements on federal lands, crucial for technologies in AI, semiconductors, batteries, and defense.
Alphabet plans to increase capital expenditures to $85 billion in 2025, focusing on AI infrastructure, which is expected to benefit Nvidia's GPU market dominance. The investment aligns with broader industry predictions about AI's economic potential.
The AI market is expected to grow from $189 billion in 2023 to nearly $5 trillion by 2033. Nvidia dominates the GPU market with 90% market share, while Amazon's AWS leads cloud infrastructure, making both companies strong AI investment opportunities.