What Happened? Broadcom's stock shot up 9% on Monday after announcing a big partnership with OpenAI (the company that makes ChatGPT). They're teaming up to build special computer chips just for AI. The Deal OpenAI and Broadcom will build custom AI chips together. These aren't regular computer chips - they're designed specifically to run OpenAI's […]
Rare Earth Mining Stocks Jump as U.S. and China Fight Over Special Minerals
What Happened? Stocks of U.S. mining companies shot up on Monday after President Trump threatened China over rare earth minerals. Some stocks jumped over 25% in one day. What Are Rare Earth Minerals? These are special metals dug from the ground that we need to make: They're called "rare" because they're hard to find and […]
What Happened? Fastenal, a company that sells tools and supplies to factories, reported earnings on Monday. They made more money than last year, but slightly less than Wall Street expected. The stock dropped 5%. The Numbers Fastenal made 29 cents per share, while Wall Street wanted 30 cents. Sales hit $2.1 billion, which matched expectations. […]
Mystery Trader Bets $340 Million That Bitcoin Will Keep Falling
What Happened? A crypto "whale" (that's what we call really big traders) is making another massive bet that Bitcoin prices will fall. This trader deposited $40 million on Monday and used it to open a $340 million short position with 10x leverage on the trading platform Hyperliquid. Here's what that means in plain English: The […]
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