News

Stellar's XLM token surged over 50% this week following an announcement that DTCC (Depository Trust & Clearing Corporation) entered into a partnership with the Stellar Network. The article notes that despite the rally, XLM faces potential downside risk in the coming weeks. No further details on the scope or terms of the DTCC partnership are provided.

IREN shares rose sharply after the company announced a $1.6 billion deal with Dell to expand its AI cloud business. The partnership represents a significant contract win for IREN, signaling a major push into AI infrastructure. Dell is the equipment or services provider in the arrangement.

BlackBerry stock rose over 13% on Monday after announcing two deals: an expanded collaboration with Nvidia to integrate its QNX OS with Nvidia's IGX Thor edge AI computer, and a new agreement with Chinese EV maker Leapmotor to deploy QNX in its D19 electric SUV. Both deals position QNX as a growing platform in edge computing and automotive AI software.

Broadcom stock rose 4.19% after announcing a multiyear partnership with Meta to co-design custom AI accelerator chips using Broadcom's XPU platform and networking solutions. The deal is intended to power Meta's AI infrastructure at scale and reduce Meta's dependence on third-party chipmakers. The announcement positions Broadcom as a direct beneficiary of AI infrastructure spending while implying reduced demand for competing chip suppliers.