SpaceX Stock Adds $500 Billion for an AI Unit That Lost $1.26 Billion
SpaceX stock jumped 11% after Grok 4.6 shipped, yet its AI unit lost $1.26 billion and ate 86% of capex.
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SpaceX stock jumped 11% after Grok 4.6 shipped, yet its AI unit lost $1.26 billion and ate 86% of capex.
US debt interest hit $1.17 trillion, beating defense spending, as Treasury yields reached their highest since 2007.
Hyperion DeFi reported a record profit of $31.0 million for the second quarter of 2026, nearly quadruple the $8.8 million it booked three months earlier. Gains from the company’s Hyperliquid (HYPE) treasury accounted for almost all of that figure. The…
Threat intelligence researchers built a fake Decentralized Finance (DeFi) startup, hired suspected North Korean IT workers as developers, and watched them from the inside. The operation reversed the usual infiltration playbook. Instead of catching operatives trying to break in, researchers…
The Solana price action looks surprisingly calm near $77, more so as SOL keeps a smallish (2%) uptick on the 30-day timeframe. However, deeper analysis reveals several alarming signs, including collapsing trading volume, increased exchange inflows, and a bearish price…
The 2026 Rare Evo Conference, held in Las Vegas, delivered on two days exploring the latest trends in crypto and web3. On the crypto front, the ongoing crypto winter left sentiment muted, as did the lack of movement on the…
Anthropic could list in October above $2 trillion. Jim Cramer says surging revenue justifies the record IPO valuation.
A Bitcoin user paid a 1.6 BTC fee and sent nothing. See the three wallet settings that stop a runaway RBF bot.
Nebius and CoreWeave led Nasdaq gains on Wednesday, both surging more than 20% after quarterly results beat expectations and softer inflation data lifted risk appetite. The two AI cloud providers now anchor a sector in which revenue growth and cash…
The Bank of Korea has disclosed a $250 million position in a gold exchange-traded fund (ETF). The stake marks its first gold-linked investment in 13 years. The move gives South Korea’s central bank exposure to gold prices without expanding its…
New York City Council has opened an investigation Wednesday into how Kalshi, Polymarket, Coinbase and Gemini Titan advertise prediction contracts to city residents. Speaker Julie Menin announced that she sent letters to the four platforms. They have 14 days to…
Forward Industries (FWDI) booked a $69 million net loss for its fiscal third quarter, or $0.80 per share, after writedowns on its Solana (SOL) treasury. The Nasdaq-listed company still grew the asset behind the loss. Its Solana stack grew to…