Box Elder County commissioners approved Kevin O’Leary’s 9GW Stratos AI campus in Utah on May 4, amid loud public protests from hundreds of local residents. Summary Kevin O’Leary’s Stratos project, a 40,000-acre AI campus in Utah, received county approval on May 4 despite strong community opposition over water, energy, and environmental concerns. The campus will…
Lachy Groom, one of Silicon Valley’s most closely watched solo investors, decided to back Indian startup Pronto just 20 minutes into his first meeting with its 24-year-old founder. The meeting, which took place in February through a mutual connection, led to Groom investing $20 million in Pronto as an extension of its Series B round,…
Key Takeaways Evernorth named new board members and executives ahead of its planned public listing. Ripple’s legal chief, Stuart Alderoty, is expected to join the board after closing. Company leaders plan to offer regulated XRP exposure through an active treasury model. Evernorth Expands Leadership Team Evernorth Holdings Inc. announced on May 5, 2026, that it…
## Market Snapshot The market for “Will 20 ships transit the Strait of Hormuz on any day by May 31?” currently prices at 76% YES. This is an increase from 66% 24 hours ago, suggesting heightened expectations despite the ongoing blockade. ## Key Takeaways – Market pricing suggests concerns about shipping disruption due to Iran’s…
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In the latest Bitcoin ETF news, spot ETF flows have now accumulated $59.6Bn in cumulative net inflows since their January 2024 launch, and the two biggest players, BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC, are still buying. Bitcoin has reclaimed $80,000 for the first time since late January, with institutional capital driving the move…
