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0.00133913625711413 -0.000334784064278474 0.00435219283562099 -0.0103783059926347 0.0143957147639772 0.00770003347840644 0.00401740877134252 0.011717442249749
Stock impact report

TeraWulf (WULF) Rebounds 11% on AI Bets [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
TeraWulf bounced back by 11.02 percent on Tuesday to finish at $15.31 apiece, after a semiconductor giant placed further bets on the artificial intelligence sector through a billion-dollar funding in a cloud computing services provider. TeraWulf Inc. (NASDAQ:WULF) mirrored the rally in technology stocks following news that Nvidia Corp. acquired a $2 billion stake in its counterpart, CoreWeave, reflecting stronger support for the development of the AI industry. Viewed as a technology benchmark and the key enabler of the AI sector, Nvidia's investment underscored confidence in the sector despite ongoing concerns of an AI bubble. For its part, TeraWulf Inc. (NASDAQ:WULF) last year earned the backing of Fluidstack and Google after clinching an agreement with the two firms for the development of high-performance computing (HPC) capacity to support AI needs. Initially, TeraWulf Inc. (NASDAQ:WULF) and Fluidstack inked an $8.7 billion deal for a 10-year leasing agreement from the for Show less Read more
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