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blockonomi.com AMD Stock: OpenAI and Oracle Deals Drive 90% Rally as Analysts Eye $300

TLDR AMD secured multi-year AI deals with OpenAI and Oracle projected to generate tens of billions in annual revenue Stock surged 34% in single trading day on October 6, adding roughly $80 billion in market value Shares have gained 90% year-to-date, reaching $235 with analyst price targets now at $250-$310 AI-related products now account for [...] The post AMD Stock: OpenAI and Oracle Deals Drive 90% Rally as Analysts Eye $300 appeared first on Blockonomi.

news.bitcoin.com Paypal’s PYUSD Fights Its Way to Sixth Place in the Stablecoin Shark Tank

The stablecoin market is lounging in the $300 billion penthouse, clocking in at a tidy $308.218 billion per defillama.com data. Meanwhile, Paypal’s PYUSD has muscled its way into sixth place among stablecoins, now flaunting a cool $2.761 billion in circulation after an explosive climb this year. Paypal’s Digital Dollar Joins the Frenzy of Stablecoin Heavyweights […]

blockonomi.com Qualigen Therapeutics (QLGN) Stock: Partners with BitGo for $30 Million Crypto Treasury Strategy

TLDR Qualigen Therapeutics (QLGN) partnered with BitGo to allocate $30 million into a diversified basket of 10 digital assets as part of its treasury strategy. The stock jumped 5% to $3.53 following the announcement, with premarket trading showing a 75% surge. BitGo will provide qualified custody services, cold storage, and over-the-counter trading desk access for [...] The post Qualigen Therapeutics (QLGN) Stock: Partners with BitGo for $30 Million Crypto Treasury Strategy appeared first on Blockonomi.