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CME Group, the largest US derivatives exchange, is planning to create a futures market for computing power.
eBay's board rejected a $56 billion takeover offer from GameStop, calling it "deeply non-credible nor attractive."
A South Korean policymaker suggested paying citizens a dividend using taxes on AI profits, causing significant swings in Korean stocks.
South Korea's benchmark KOSPI index fell by as much as 5% after policymaker Kim Yung Bong posted on Facebook about an "AI dividend" funded by taxes on AI profits.
Samsung is projected to generate approximately $220 billion in profits this year.
The combined profits of Samsung and SK Hynix are expected to be around $400 billion this year.
NVIDIA CEO Jensen Huang was reportedly not invited to join President Trump's upcoming trip to China.
The exclusion of NVIDIA's CEO from a presidential trip to China is seen as a signal that the U.S. will not approve sales of Blackwell chips to China in the near future.
The U.S. government has permitted NVIDIA to sell its less powerful H200 processor to China, but not its more advanced Blackwell chips.
BlackRock CEO Larry Fink predicts that buying futures contracts for computing power will become a new asset class.
CME Group and Silicon Data are partnering to launch a futures market for computing power.
Elon Musk is suing OpenAI, its co-founders, and Microsoft for allegedly betraying the company's original non-profit mission.