SoftBank plans to build a large-scale AI data center network in France with a $52 billion investment, signaling a major bet on global compute capacity. The build-out underscores intensifying capital flows into AI infrastructure and could reshape Europe’s role in the AI supply chain.
Source: Seeking Alpha
Microsoft to unveil first Windows PCs powered by Nvidia chips next week
Microsoft is set to introduce the first Windows PCs running Nvidia chips next week, Axios reports, widening the competitive landscape for AI-enabled personal computers. The move could accelerate AI-on-device capabilities and broaden Nvidia’s reach beyond data centers into consumer and enterprise endpoints.
Source: Seeking Alpha
Micron’s entry to the $1T club divides Wall Street
Micron’s market value surge to roughly $1 trillion has split analysts, with bulls citing a powerful AI memory upcycle and skeptics warning about stretched valuations. The debate spotlights how pivotal high-bandwidth memory and DRAM supply-demand dynamics have become to the broader AI trade.
Source: Seeking Alpha
Real estate stocks stumbled in May; health care REITs lagged
U.S. real estate equities fell in May, with health care REITs among the notable underperformers. The sector’s weak tape highlights persistent investor caution toward rate-sensitive, income-oriented assets amid a still-uncertain macro path.
Source: Seeking Alpha
Tesla faces consumer lawsuit in China over Full Self-Driving claims
Tesla is facing a consumer lawsuit in China alleging misleading Full Self-Driving marketing, according to reports. The case adds fresh legal and reputational risk in a critical EV market where regulatory scrutiny of autonomy claims is rising.
Source: Seeking Alpha
Circle freezes $12.6M in USDC tied to Zama’s confidential token amid court order
Circle blacklisted an Ethereum contract associated with Zama’s confidential USDC (cUSDC), freezing $12.6 million after a U.S. judge ordered a restraint related to an Overnight Finance treasury dispute. The move, which affected a pooled smart contract, spotlights how stablecoin freeze powers can ripple through DeFi infrastructure and impact unrelated users in legal crossfire.
Source: FinanceFeeds
Bitcoin ETF outflows hit $2.97B over 10 straight sessions
Spot bitcoin ETFs logged 10 consecutive days of net redemptions totaling more than $2.97 billion since May 15, with assets falling about $10 billion over two weeks. While the streak confirms weaker near-term demand, some analysts view extreme outflows as a potential contrarian signal if selling pressure begins to exhaust.
Source: FinanceFeeds
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