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SpaceX switches to Nvidia, drops AMD; AMD’s CapEx doubles, stock dips

Advanced Micro Devices faced a double blow as Q2 capital expenditure more than doubled sequentially, while SpaceX CEO Elon Musk announced the company will...

AMD Earnings Surge 46% as AI Demand Fuels Beat

AMD reported adjusted earnings near $1.61 per share on revenue of roughly $11.31 billion, marking ~46% year-over-year growth and matching management guidance.Options markets had...

OpenAI Rebuts Apple Trade Secrets Lawsuit with Emails

OpenAI published a detailed rebuttal to Apple's trade secrets lawsuit, releasing emails and text messages.Apple misstated key facts before filing suit, including confusing two...

Palihapitiya warns SpaceX shorts could face Tesla-like pain

SpaceX (SPCX) faces short interest of roughly 34% of its public float, with 95% of available shares out on loan, according to S3 Partners.Venture...

15 Hackers Drain $130M+ from Coldcard Wallets

At least 15 attackers have drained over $130 million from 7,300+ Coldcard wallets exploiting a firmware flaw that generated weak private keys, Galaxy Research...

Bitcoin Hits New August Highs as US-Iran Tensions Ease

Bitcoin (BTC) climbed to $64,176, marking new August highs as markets bet on easing US-Iran tensions.Oil prices dropped to their lowest levels since July...

BNY Mellon, Galaxy Digital Partner for Crypto Staking

BNY Mellon partners with Galaxy Digital to add crypto staking to its Digital Asset Custody platform.Eligible institutional clients gain integrated staking alongside custody, fund...

Hashdex shuts down Bitcoin ETF after just $14.7M

Hashdex will close and liquidate its Bitcoin ETF, which manages about $14.7 million.Trading ends Aug. 17, with cash distributions expected around Aug. 28.The closure...

Latest news

SpaceX switches to Nvidia, drops AMD; AMD’s CapEx doubles, stock dips

Advanced Micro Devices faced a double blow as Q2 capital expenditure more than doubled sequentially, while SpaceX CEO Elon...

AMD Earnings Surge 46% as AI Demand Fuels Beat

AMD reported adjusted earnings near $1.61 per share on revenue of roughly $11.31 billion, marking ~46% year-over-year growth and...

OpenAI Rebuts Apple Trade Secrets Lawsuit with Emails

OpenAI published a detailed rebuttal to Apple's trade secrets lawsuit, releasing emails and text messages.Apple misstated key facts before...

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