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Blockonomi

Cryptocurrency News & Your Guide to the Blockchain Economy


08/08/2026 12:06 AM

Energy Vault Holdings Inc. (NRGV) Stock: Surges 18% on Massive 1.25 GW AI Data Center Power Deal

TLDR NRGV jumps nearly 18% after signing a major 1.25 GW AI power infrastructure deal. Energy Vault will supply battery storage and grid-forming systems for AI campuses. The deal targets faster data center deployment without waiting for utility grids. Initial projects are expected within four to twelve months under the new agreement. Energy Vault expands [...]

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08/07/2026 11:25 PM

AMD (AMD) Stock: Taalas Acquisition Targets Faster AI Inference Growth

TLDR AMD acquires Taalas to strengthen its push into faster AI inference systems. Taalas chips hard-wire model weights into silicon for higher inference speeds. AMD plans to integrate Taalas technology with Helios, Instinct and EPYC systems. The deal expands AMD’s full-stack AI strategy as inference demand accelerates. AMD expects its Taalas acquisition to close during [...]

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08/07/2026 10:58 PM

Hawaiian Electric Industries (HE) Stock: Profit Jumps on Wildfire Settlement Adjustment

TLDR HEI Q2 profit jumps sharply after Maui wildfire settlement liability remeasurement Core earnings weaken despite Hawaiian Electric’s much higher reported Q2 profit Wildfire settlement adjustment delivers a major non-cash boost to HEI earnings Higher interest and operating costs weigh on Hawaiian Electric core results HEI plans major renewable energy procurement as utility spending stays [...]

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08/07/2026 10:05 PM

Paramount Skydance (PSKY) Stock: Surges as Debt Offers Extend to August 21 Before WBD Acquisition

TLDR PSKY stock gains as Paramount extends WBD-linked debt offers through August 21. Paramount keeps tender and exchange offers open as the WBD acquisition advances. About 65.43% of tender notes and 76.04% of exchange notes were already submitted. Debt settlements remain targeted for the third quarter alongside the WBD deal. Paramount may extend the offers [...]

The post Paramount Skydance (PSKY) Stock: Surges as Debt Offers Extend to August 21 Before WBD Acquisition appeared first on Blockonomi.


08/07/2026 09:42 PM

Sharplink Inc. (SBET) Stock: Surges as $125M Galaxy Fund Expands Ethereum Treasury Strategy

TLDR Sharplink stock gains as Galaxy launches a $125M institutional Ethereum yield fund. Galaxy’s new fund adds onchain yield strategies to Sharplink’s growing ETH treasury. Sharplink commits $100M in staked ETH to Galaxy’s new $125M institutional fund. The $125M Galaxy fund expands Sharplink’s treasury strategy beyond basic ETH staking. Galaxy manages the fund using research, [...]

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08/07/2026 09:20 PM

SEALSQ Corp (LAES) Stock Climbs on $200M Quantum Technology Initiative Progress

SEALSQ Corp (LAES) stock climbs 3.21% as the company progresses its $200M quantum investment plan, targeting September for the next deployment phase.

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08/07/2026 07:21 PM

SpaceX (SPCX) Stock: Expands AI Cloud Business With $20.8 Billion in New Contracts

TLDR SpaceX secures $20.8B in AI cloud contracts, driving rapid business expansion SPCX jumps 11.6% as AI cloud agreements reach a combined $20.8 billion SpaceX triples AI revenue while expanding cloud infrastructure investments Starlink remains profitable as SpaceX accelerates its AI cloud strategy SpaceX boosts AI compute business with massive contracts and capital spending SpaceX [...]

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08/07/2026 07:04 PM

SanDisk (SNDK) Stock Rebounds in Premarket Despite Post-Earnings Volatility

SanDisk (SNDK) stock gains 3.5% premarket Friday, recovering from post-earnings drop. EPS beat by 13.9%, revenue topped $8.97B vs. $8.39B expected.

The post SanDisk (SNDK) Stock Rebounds in Premarket Despite Post-Earnings Volatility appeared first on Blockonomi.


08/07/2026 07:04 PM

SK Hynix (000660) Stock: $3B China Facility Under Strategic Review Amid Export Controls

SK Hynix (000660) stock declined 4.88% as the semiconductor giant explores strategic alternatives for its $3B Chongqing plant amid tightening US controls.

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08/07/2026 07:03 PM

First Solar (FSLR) Stock Soars 8% on Trump’s Chinese Polysilicon Tariff Announcement

First Solar (FSLR) stock rallied 7.73% after-hours as Trump imposed 15% tariffs on Chinese polysilicon imports. Wells Fargo raised target to $313.

The post First Solar (FSLR) Stock Soars 8% on Trump’s Chinese Polysilicon Tariff Announcement appeared first on Blockonomi.



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