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SanDisk Stock Jumps 10% on New AI Memory Milestone With SK Hynix Ahead of Earnings
- SanDisk stock jumped 10.84% Tuesday on a new AI memory milestone with SK Hynix.
- Google and Tenstorrent joined the HBF consortium, boosting the standard's credibility.
- SanDisk reports fiscal Q4 earnings today, with EPS estimates near $33 a share.
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The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans
- Micropayments died since the 1990s on cognition, not technology.
- x402 removes the human, not the friction, from the decision.
- Average x402 payment is 32 cents, not a fraction of a cent.
Palantir Short Sellers Lose $3 Billion After 30% Earnings Rally
- Palantir shares jumped 30%, wiping out short sellers' $2.7 billion 2026 gain.
- The rally marked Palantir's best single-day move in two years, S3 Partners said.
- CEO Alex Karp cited surging demand after raising full-year guidance.
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Whale Rock’s AI Bet Turns Volatile: July Losses Erase Half of 2026 Gains
- Whale Rock's flagship fund fell 21.7% in July, its worst month of 2026.
- The Boston hedge fund's year-to-date return dropped to 35.1% from 72.5% in June.
- SanDisk, Bloom Energy, and CoreWeave slid as AI and chip stocks tumbled in July.
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SpaceX Crypto Holdings Drop $539 Million as Debut Earnings Beat Wall Street
- SpaceX beat estimates with $7.8 billion revenue in its first public earnings report.
- Digital asset holdings fell to $1.098 billion from $1.637 billion in December.
- Shares closed up 9.43%, then sank 8% after hours despite the beat.
SpaceX Joins a Club It Was Missing From In New Nvidia Deal: How Will Stocks React?
- SpaceX picked Nvidia to design the compute payload for its Starmind AI1 satellites.
- Every Starmind satellite will carry Nvidia Rubin GPUs and Vera CPUs.
- NVDA rose 3% and SPCX gained 8.7% hours before SpaceX's debut earnings.
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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.
Bitcoin’s Most Active Day Since 2024. What Happened On-Chain During the Coldcard Panic
- Bitcoin active addresses neared 1 million on July 31, the most since December 2024.
- Sub-1 BTC transfers hit 39,600 BTC, matching levels last seen after FTX collapsed.
- Transfer counts stayed below records, revealing mass panic sweeps rather than new demand.
