Headlines
•AMD and Rackspace partnership, Q1 results — RXT shares surged over 5 days, RSI suggests overbought territory at $6 resistance
•Nvidia reaches new all-time high — Alphabet and AMD top list of most overbought Big Tech stocks
•Cerebras IPO 20x oversubscribed — company raised IPO range, signaling Wall Street demand for AI chip plays
•Adeia renews multi-year IP licensing deal with Google (ADEA:NASDAQ)
•Grok downloads crater 60% — SpaceX rents Colossus 1 supercomputer to rival Anthropic
•OpenAI trial: Board chair Taylor continues testimony, Altman set to take stand — Musk accuses Altman and Brockman of trying to 'steal a charity'
•Bitcoin approaches $80,000 200-day moving average — history shows prior bear-market resistance at this level