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SpaceX Stock Extends Slide Despite $1.6B Space Force Deal

SpaceX Stock Extends Slide Despite $1.6B Space Force Deal

  • SpaceX stock fell 3.32% Wednesday even after winning $1.6 billion in Space Force orders.
  • The Space Force awarded 18 Falcon 9 missions through 2027 for missile-tracking satellites.
  • SpaceX has now secured over $7 billion in Pentagon contracts this year alone.
Stablecoin Banking Competition Expands Beyond Settlement

Stablecoin Banking Competition Expands Beyond Settlement

  • Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
  • Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
  • Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
Luno Staff Cuts Adds Another Red Flag as Crypto Exchange Shutdowns Pile Up

Luno Staff Cuts Adds Another Red Flag as Crypto Exchange Shutdowns Pile Up

  • Luno is cutting 20% of its global staff, CEO James Lanigan confirmed.
  • The cuts land three weeks after AscendEX, BitMEX, and BitMart shut down.
  • Staff cuts across big tech have been common this year, but raise questions.
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Samsung Profit Jumps 1,800% as AI Chip Demand Powers Record Quarter

Samsung Profit Jumps 1,800% as AI Chip Demand Powers Record Quarter

  • Samsung's operating profit soared 1,800% year over year to 89.5 trillion won.
  • Record server memory demand drove Samsung's chip division to an all-time high.
  • The results followed a sharp Wednesday selloff tied to AI valuation fears.

Meta Revenue Beats, But AI Spending Crushes Profit Margins: Will the Stock Surge?

  • Meta revenue climbed 28% despite earnings pressure from surging AI investments.
  • AI infrastructure spending pushed 2026 capex guidance as high as $145 billion.
  • Strong advertising growth contrasts with shrinking margins and lower earnings per share.

Binance.US Reportedly Plans CFTC License Bid to Launch Prediction Markets

  • Binance.US plans to seek CFTC Designated Contract Market status next month.
  • CEO Stephen Gregory revealed the plan on stage at Rare Evo in Las Vegas.
  • Prediction market volume topped $25 billion across CFTC-regulated venues in 2025.
Why Bitcoin Is Stuck Near $65,000 as AI Fuels Inflation

Why Bitcoin Is Stuck Near $65,000 as AI Fuels Inflation

  • AI spending is adding inflation pressure and reducing the chance of near-term Fed rate cuts.
  • High bond yields and strong AI stocks are pulling capital away from Bitcoin.
  • ETF inflows are improving, but Bitcoin still needs softer inflation and lower yields to break higher.
One Pattern That Predicted the 21% Solana Price Drop Has Returned

One Pattern That Predicted the 21% Solana Price Drop Has Returned

  • Solana price is rebuilding a double top near $74 after a 21% spring slide
  • Exchange outflows stay far lighter than spring, hinting at weaker selling pressure
  • But long-term holders are now selling, unlike during the spring double top