Cipher Google Stake; Intel-Apple Report; Oracle Falls
On this episode of Stock Movers: - Cipher Mining (CIFR) is higher on news Google's taking a stake in the company as part of an AI hosting deal. Google will receive warrants to buy about 24 million shares of Cipher Mining’s stock, equating to an about 5.4% pro forma equity ownership stake, as part of Cipher’s 10-year AI hosting agreement with Fluidstack. - Intel (INTC) shares are higher as it approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter, as part of efforts to bolster a business that’s now partially owned…
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