Coinbase Pops; Major Chip Stocks Slide; Rumble Pushes Higher
On this episode of Stock Movers:- Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high.- Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses. The arrangement reflects President Trump’s effort to engineer a financial payout for America in return for concessions on…
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