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Michael Burry Warns of 1987-Type Crash as S&P 500 Hits Record High
- Michael Burry says a 1987-type market crash remains possible near current highs.
- The S&P 500 closed at a record Tuesday while the Nasdaq soared 2.7%.
- Burry holds shorts on Nvidia, Tesla, Palantir, Micron, Caterpillar, and chip ETFs.
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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.
Hut 8 Stock Slides 9.7% Despite 81% Revenue Surge in Q2
- Hut 8 stock fell 9.74% to $101.16 after its Q2 2026 earnings report.
- Revenue climbed 81% to $74.9 million, but net losses reached $177.1 million.
- AI data center leases now total 949 MW, worth $26.6 billion in contract value.
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Nikkei 225 Jumps 3% as Chip Stocks Rally on Iran Deal Hopes
- Nikkei 225 jumped 3.17% Wednesday to 65,987.58 points on chip and Iran optimism.
- SoftBank surged over 10% and SK Hynix rose 6.9% as chip stocks led gains.
- Bessent's Iran remarks eased tensions, lifting risk appetite across Asia.
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Jim Cramer To Sell Bitcoin After IBM Quantum Warning: Will Traders Fade Him?
- Jim Cramer says he will sell his Bitcoin over quantum computing fears.
- No wallet, filing, or position size confirms the sale actually happened.
- The inverse Cramer ETF tested that trade with real money and lost.
AMD Earnings Beat Estimates and Stock Falls 8%: Was the Bar Too High?
- AMD beat Q2 revenue, EPS, and margin estimates, then fell 8% after hours.
- Data Center revenue doubled to $6.7 billion, or 58% of total company sales.
- Q3 guidance of $13 billion met a stock already up 140% this year.
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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.
Amazon’s $3 Trillion Record Lasts One Day as Stock Takes Big Hit
- Jeff Bezos filed to sell 15 million Amazon shares for $4.07 billion.
- He priced the sale off Friday's close, not Monday's record high.
- AMZN fell 2.33% Tuesday after Amazon first topped $3 trillion Monday.
