Users of X’s new payments feature wired small sums to Musk following its U.S. expansion, highlighting early adoption quirks. Users of X’s newly expanded payments service sent small sums, including $25, directly to Elon Musk shortly after its June 25 U.S. rollout. The trans
SpaceX considers retail mobile service using $17 billion in spectrum licenses, challenging U.S. carriers with direct-to-consumer satellite network. SpaceX is exploring a direct-to-consumer mobile service under its Starlink brand, leveraging $17 billion in wireless spectrum
Broker sees recent sell-off in AI-linked tech stocks as temporary, citing $700 billion in 2024 capital spending by Big Tech. A sharp decline in major technology stocks is a short-term overreaction rather than a collapse in the artificial intelligence trade, Wedbush said. T
Investors pull back from AI-linked tech giants amid slowing growth, high valuations, and rising interest rate concerns. Ten leading technology stocks have fallen over 20% from recent highs, officially entering bear market territory as investor sentiment sours on artificial
SpaceX’s stock decline erases early gains, raising concerns over back-to-back capital raises totaling $25 billion. SpaceX (SPCX) shares are set to close their first full week as a public company down 18%, trimming the company’s market capitalization to near $2 trillion aft
Nvidia shares approached a key technical level amid a broader semiconductor sector decline, reversing briefly after early losses. Nvidia (NVDA) extended its weekly decline Friday, dragging the Philadelphia semiconductor index lower as the stock neared its 200-day moving av
Citi initiates coverage on Belden with a Buy rating, citing undervaluation and potential for sustainable earnings growth. Citi initiated coverage on Belden (BDC) with a Buy rating and a $150 price target, identifying the company as underappreciated by investors. The firm e
The crypto-based prediction platform reaches a $1 billion revenue milestone as retail and institutional interest in event-driven trading grows. Polymarket’s annualized revenue has exceeded $1 billion, driven by a surge in trading volumes and user activity across its predic
Microsoft jumps 4.17% amid broader tech gains, while Nvidia and other chipmakers face declines up to 3.01%. Technology stocks outperformed in today’s session, driven by Microsoft’s 4.17% gain. The software and infrastructure segment showed resilience, with Palo Alto Networ
Prediction markets adjust odds after reports suggest OpenAI delays its public debut until next year amid caution over retail investor interest. Traders on prediction platform Kalshi now assign a 59% probability that OpenAI will officially announce its IPO by March 1, 2027.
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