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News Powered By AI

Salesforce Just Jumped 23%. Did the “SaaSpocalypse” Trade Finally Break?

by News Feed Editor | Aug 30, 2026 | Stock Market

Salesforce shares surged following earnings results that demonstrated strong growth in AI-powered products, challenging market concerns about generative AI threatening established software vendors.

Alibaba Shares Fell on a $10 Billion AI Raise. Insiders Saw a Buying Opportunity

by News Feed Editor | Aug 30, 2026 | Stock Market

Alibaba raised $10.2 billion through a share placement to fund AI infrastructure, prompting stock declines before insiders including Chairman Joe Tsai and CEO Eddie Wu began purchasing shares.

Coinbase and Robinhood Rally as Bitcoin Marches Toward Its Best Week in Months

by News Feed Editor | Aug 30, 2026 | Stock Market

Coinbase and Robinhood stocks surged as bitcoin rallied toward its best week in months, driven by White House support for crypto regulation and improved liquidity conditions.

ETHB Emerges as a Favorite Among Ethereum ETFs

by News Feed Editor | Aug 30, 2026 | Stock Market

BlackRock’s iShares Staked Ethereum Trust ETF (ETHB) has attracted more inflows than any other Ethereum product since launching in March, gathering over $650 million despite the broader crypto downturn this year.

Covenant Logistics Eyes Higher-Return Growth as Freight Markets Recover

by News Feed Editor | Aug 30, 2026 | Stock Market

Covenant Logistics is shifting toward specialized, higher-return freight services including dedicated trucking, warehousing, and defense logistics as freight markets recover, with plans to expand its fleet to 2,400–2,500 tractors in 2027.

Wall Street is building a futures market around Nvidia’s AI chips: Chart of the Day

by News Feed Editor | Aug 30, 2026 | Stock Market

CME Group plans to launch futures contracts tied to hourly rental costs of Nvidia’s H100 and B200 graphics processors on Oct. 5, pending regulatory approval, as Wall Street seeks to price artificial intelligence computing power.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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