This trading pair will be delisted on 30 December 2024, 10:00 (UTC), please be aware of the potential risks when trading
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Global Liquidity Divides AI Leaders: Genie Faces Challenges While Palantir Rises
- Global liquidity boosts AI projects, with Genie Energy and Palantir as key beneficiaries despite market volatility. - Genie Energy’s Q3 2025 revenue rose 24% to $138. 3M , driven by higher energy sales, but gross profit fell 21% due to rising commodity costs. - Palantir reported $1.18B Q3 revenue, exceeding estimates, with 121% U.S. commercial growth and $10B U.S. Army AI contract. - Analysts highlight divergent AI trajectories: Genie faces margin pressures from energy costs, while Palantir’s government
OpenAI's $1.4 Trillion AI Risk: Will Altman's Refusal of a Bailout Succeed?
- OpenAI CEO Sam Altman rejected "too big to fail" claims, asserting the AI firm rejects government bailouts and state intervention in business decisions. - A $38B AWS partnership provides OpenAI with 100K+ Nvidia GPUs and millions of CPUs, diversifying cloud reliance after a $500B PBC restructuring with Microsoft . - Altman projects $20B annual revenue by year-end and $100B+ by 2030, despite $1.4T infrastructure spending plans raising sustainability concerns among analysts. - Political scrutiny grows as F
ALGO has dropped 52.88% since the start of the year, facing a combination of varied news and ongoing technical declines
- ALGO fell 52.88% year-to-date despite a 0.19% 24-hour gain, reflecting prolonged bearish momentum. - Kenadyr Metals' rebrand to Algo Grande Copper Corp. and Mexican mining project lacks direct impact on ALGO's trading dynamics. - Technical analysis shows ALGO trading below $0.16 with weak support at $0.15, risking further decline to $0.135. - Backtesting reveals 10%+ drops in ALGO yield negative returns (-11% at 30 days), with no reliable recovery patterns.
