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Massive trading halt shocks global markets as cooling failure at CME data center freezes billions in active transactions worldwide
Tech News

Massive trading halt shocks global markets as cooling failure at CME data center freezes billions in active transactions worldwide

Cooling failure at CME data center halted most electronic trading systems worldwide BrokerTec US Actives and BrokerTec EU reopened quickly; others stayed offline Temporary chillers were deployed to maintain minimal operations during the outage response The Chicago Mercantile Exchange (CME), the largest derivatives exchange in the world, was forced to pause trading across multiple markets […]

Michael Burry’s billion-dollar warning hits Silicon Valley as fears of a growing AI bubble spread through global markets
Tech News

Michael Burry’s billion-dollar warning hits Silicon Valley as fears of a growing AI bubble spread through global markets

Michael Burry’s latest positions intensify concerns about valuations across AI firms Nvidia and Palantir face scrutiny as investors react to Burry’s bearish stance Pat Gelsinger’s comments add weight to the growing belief that AI valuations look overheated Growing debate over the stability of artificial intelligence valuations has intensified in recent weeks as the market becomes […]

Memory and storage markets brace for turbulence as Micron pauses quotes and SanDisk enforces aggressive NAND price hikes
Tech News

Memory and storage markets brace for turbulence as Micron pauses quotes and SanDisk enforces aggressive NAND price hikes

Micron pauses DRAM and NAND quotes, signalling sharper increases coming soon DDR4 spot prices climbed 3.31%, rising from $4.896 to $5.058 Transaction volumes are shrinking as buyers resist higher memory costs Micron and SanDisk are preparing aggressive price adjustments that could ripple through the storage and memory markets within weeks. Recent reports have claimed SanDisk […]

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