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Sam Bankman-Fried (SBF) Appeal Mandate Issued, Only One Strand of Hope Left
- The Second Circuit issued SBF's appeal mandate on August 4, closing his appeal.
- The one-page order affirms his conviction and sentence, adding no new reasoning.
- A Supreme Court petition is the only judicial option Bankman-Fried has left.
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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.
SpaceX Earnings Call Today: Top 3 Scenarios Investors Are Watching
- SpaceX reports its first quarterly results as a public company after Tuesday's market close.
- Wall Street expects roughly $6.8 to $6.9 billion in revenue for the second quarter.
- A major lockup tranche opens August 6, potentially releasing hundreds of millions of shares.
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Dollar Index Trapped at 100 as Hawkish Fed Meets Official Selling
- DXY trades near 100.02, battling to reclaim the psychological 100 level.
- Markets price a September Fed rate hike at 54% after blowout ISM data.
- Daily RSI at 38 warns the correction could extend toward 99.00 support.
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Yamaha Shares Explode 13% on Record H1 Results, Defying Japan’s Market Crisis
- Yamaha Motor shares surged 13.40% on Tuesday, closing at 1,511 yen ($9.62).
- Revenue reached 1.498 trillion yen ($9.54 billion) up 17.2% year-over-year.
- The Nikkei 225 advanced 0.32% as Japanese markets slowly recover from currency intervention.
36 Analysts Share Their NVIDIA Stock Forecast Before August Earnings
- 36 of 37 analysts rate Nvidia a buy ahead of August 26 earnings
- Michael Burry warns Nvidia is helping finance the customers buying its chips
- Institutions keep buying the stock even as skeptics question the chip demand
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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.
AI Chip Costs Force Xbox to Raise Prices After PlayStation as GTA VI Release Looms
- Microsoft hiked Xbox Series X price by $150 to $749, citing soaring memory costs.
- Sony raised PlayStation 5 price by $100 to $649.99 in March this year.
- AI data centers are driving RAM and NAND prices higher industrywide.
