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Disney Stock Extends Rally as New Avengers Doomsday Trailer Drops
- Marvel premiered a new Avengers: Doomsday trailer on Friday.
- Disney stock rose 1.96% on the day to close at $106.85.
- The trailer gives Robert Downey Jr.'s Doctor Doom a grief-driven motive.
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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.
Anthropic’s Model 2 Beats Mythos 5, But the Public Will Not Get It
- Anthropic says internal Model 2 outperforms Mythos 5 across many key tasks.
- The company has no plans to release Model 2 to the public.
- Polymarket traders price a $1.8 trillion IPO debut near 65% odds.
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Upbit Profit Crashes 85% Months After Korean Giants Paid $1.5 Billion to Buy In
- Dunamu's Q2 operating profit fell 85% as Upbit fee income dried up.
- Operating margin sank from 88% in 2021 to 14% last quarter.
- Samsung, Hana and Hanwha paid $1.5 billion for Dunamu shares in May.
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Binance Blacklists HTX and 10 Other Crypto Platforms: Are Your Funds at Risk?
- Binance stops processing transactions involving HTX and 10 other platforms on August 23.
- The list matches the EU sanctions package that takes legal effect the same day.
- Transfers sent after the cutoff can be frozen for a compliance review.
SanDisk Told Investors Margins Will Fall, SNDK Stock Rose 14% Anyway
- SanDisk guided long-term margins to 80%, below the 84.6% it earns today.
- The stock still rose 13.67% after Thursday's investor day presentation.
- Gross margins were just 22.5% five quarters ago, before AI demand hit.
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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.
Two Stocks Are Quietly Beating Nvidia, and Wall Street Wants Them 30% Higher
- Nvidia stock fell after six earnings since 2024, and TSMC beat it every time
- The same selloff triggers, margins, China, high expectations, are live for August 26
- Analysts rate TSMC a Strong Buy with about 27% upside, Ciena a Moderate Buy
