Headlines

Cathie Wood Says SpaceX Could Become ‘the Most Important Company in History’ Despite 48% Stock Slide

Key Takeaways Cathie Wood, CEO of Ark Invest, said SpaceX could become “the most important company in history.” Shares traded at $116.95, about 48% below their $225.64 peak and 13% below the $135 IPO price. Wood sees Starlink and orbital data centers turning SpaceX into a global communications and AI infrastructure powerhouse. Ark Looks Beyond…

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Polymarket takes France to court after regulators block website

Polymarket has announced a French court challenge five days after regulators ordered internet providers to block the platform over gambling-loss and market-manipulation concerns. Summary Polymarket will challenge France’s decision to block its website through the country’s courts. French regulators cited gambling losses, contract manipulation and suspected use of insider information. U.S. authorities are separately examining…

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ETH Holds Crucial Support as $2K Comes Into View

Ethereum has staged a notable recovery from its June lows. It has reclaimed some important support levels and is now pushing toward a major technical barrier. While short-term momentum continues to favor buyers, the broader trend remains challenged by overhead resistance and a still-negative Coinbase Premium Index, suggesting institutional demand from U.S. investors has yet…

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Arcee, a US open source AI lab, says Chinese models are not inherently dangerous

As Chinese open-weight AI models grow in capability and popularity, arguments about what should be done about them have once again reached a fever pitch. There’s talk that the Trump administration might try to ban them (though it hasn’t yet acted on the idea). Meanwhile, proprietary model makers, particularly OpenAI and Anthropic, appear increasingly concerned…

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