SpaceX has explored a bond offering worth as much as $20 billion while its publicly traded shares have fallen more than 9%, trimming Elon Musk’s fortune by roughly $59 billion from recent highs. Summary SpaceX is considering a bond sale of up to $20 billion to refinance debt due in 2027. SPCX shares fell more…
Get ready to say goodbye to some of Google’s older smart home products. The Nest MIni and Nest Audio smart speakers have been discontinued by the search engine giant, TechAdvisor reports. The former was a $35 entry-level smart speaker released in 2019, with the latter launching in 2019 as a $100 version that offered a…
The Bitcoin price prediction shows BTC USD trading at around $64,000, down 2.2% in 24 hours and roughly 6% over the past seven days, and the Fed just handed traders another reason to stay cautious. Kevin Warsh’s first FOMC meeting as Federal Reserve Chair closed on Wednesday without a rate cut, without forward guidance, and…
Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos sought to ingratiate themselves with President Donald Trump after he won the 2024 election, and in return he mocked their efforts behind their backs, according to a new book by The New York Times reporters Maggie Haberman and Jonathan Swan. Zuckerberg once texted Trump a photo…
Key Takeaways Fed Chair Kevin Warsh and the rest of the board held rates at 3.50%-3.75% and eliminated forward guidance at the June 17 FOMC meeting. Bitcoin dropped to an intraday low of $62,236 on Thursday, June 18, as risk assets repriced Fed uncertainty. Nine FOMC dot plot participants projected at least 1 rate hike…
Do whales know something we don’t? The OG meme coin has fared poorly over the past several months, dropping out of the elite top 10 crypto club. While some market observers remain optimistic that a recovery could be on the way, recent whale behavior suggests that a deeper collapse is also plausible. DOGE Whales…
Rivian has been sued over allegations that the EV maker made false claims about the autonomous driving capabilities of its R1T truck and R1S SUV models. The class action complaint, which was filed Wednesday in the U.S. District Court for the Central District of California, focuses on the first-generation models of the R1T and R1S…
Lite Strategy has invested $1 million in Litecoin Layer-2 developer ZK Innovations, extending its involvement beyond LTC accumulation and into infrastructure tied to the cryptocurrency’s future development. Summary Lite Strategy invested $1 million in LitVM, a Layer-2 project bringing smart contracts to Litecoin. The deal gives Lite Strategy governance rights and potential exposure to future…
Europe wants more control over the infrastructure behind AI, and Alibaba Cloud wants a bigger role in that market. The company has launched its first cloud region in France, adding two availability zones in Paris for European businesses weighing local cloud hosting, data sovereignty, and AI infrastructure needs. The expansion gives European companies another regional…
Key Takeaways The Federal Reserve and 4 agencies proposed KYC requirements for payment stablecoin issuers on June 18, 2026. Gov. Michael Barr warned the GENIUS Act fails to adequately address illicit finance risks in stablecoin secondary markets. A 60-day public comment period opens before any rule is finalized, with secondary market rules also under review….
