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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/22/2026 06:35 PM IREN Executive Flags Infrastructure as Key Barrier to AI Expansion
TLDR IREN co-founder Daniel Roberts said AI growth is now limited by infrastructure rather than chips. He identified power, land, cooling, and data centers as the main constraints facing AI expansion. IREN is building a three-layer platform covering infrastructure, compute systems, and software tools. The company has secured about 5 gigawatts of grid-connected capacity across [...]
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05/22/2026 06:29 PM Crypto Meets Commodities: OKX and ICE Launch Round-the-Clock Oil Perpetual Futures
OKX teams up with ICE to launch 24/7 oil perpetual futures tracking Brent and WTI benchmarks, bringing traditional commodity trading to crypto platforms.
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05/22/2026 06:27 PM Trump Media Sends $205M in BTC as Crypto Losses Deepen
TLDR Trump Media transferred 2,650 bitcoin worth about $205 million to Crypto.com. The transaction took place during late U.S. evening hours based on blockchain data. Trump Media originally purchased 11,542 BTC for about $1.37 billion at a higher average price. Bitcoin currently trades well below the company’s acquisition cost, leading to large unrealized losses. The [...]
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05/22/2026 06:19 PM Uber (UBER) Stock Dips Amid Reports of Delivery Hero Acquisition Talks
Uber (UBER) stock dropped 1.9% after Bloomberg revealed the company is considering a full acquisition of Delivery Hero, where it currently holds a 19.5% stake.
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05/22/2026 06:19 PM OKX Partners With ICE to Introduce Never-Expiring Oil Futures
TLDR OKX and ICE have partnered to launch perpetual oil futures based on Brent and WTI benchmarks. The new contracts will allow continuous trading without expiration or physical delivery of oil. OKX plans to offer the products to its 120 million users in licensed jurisdictions. ICE will supply pricing data to support accurate and trusted [...]
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05/22/2026 06:18 PM Super Micro Computer (SMCI) Stock Jumps 17% Post-Earnings — A Turning Point or False Hope?
SMCI stock jumped 17% on Q3 earnings beat, but revenue missed by $2.15B and cash flow turned negative $6.6B. Legal risks and margin pressures linger ahead.
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05/22/2026 06:12 PM Texas Instruments (TXN) Stock Surges to 52-Week Peak on AI Power Chip Momentum
Texas Instruments (TXN) stock surged to a 52-week high of $313.15 following strong Q1 results, 90% data center growth, and a bullish $400 analyst upgrade.
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05/22/2026 06:11 PM Micron (MU) Stock Slips Despite Virginia Facility Launching Advanced DRAM Production
Micron (MU) stock falls 1% as Virginia facility begins 1-alpha DRAM production. BofA raises target to $950 on AI memory demand. Latest updates inside.
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05/22/2026 06:08 PM Tom Lee: SpaceX, OpenAI IPO Supply Manageable for Markets
TLDR Tom Lee said a wave of mega IPOs led by SpaceX will not crash the S&P 500. He estimated SpaceX, OpenAI, and Anthropic could add trillions of dollars in new equity supply. Lee said the combined IPO supply could equal about 5% to 6% of the S&P 500 market value. He stated that strong [...]
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05/22/2026 06:05 PM MP Materials (MP) Achieves Rare Perfect Bullish Consensus From All Wall Street Analysts
MP Materials (MP) gains after Barclays coverage launch. All 18 Wall Street analysts now rate it Buy—a rare perfect consensus. Stock up 220% in 12 months.
The post MP Materials (MP) Achieves Rare Perfect Bullish Consensus From All Wall Street Analysts appeared first on Blockonomi.
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