SpaceX hit by surging AI costs as insiders prepare to sell their shares
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly…
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World Chain to deploy streamed EIP-7928 block access lists
World Chain has announced the launch of full block access lists, becoming the first production Layer-2 blockchain network to stream EIP-7928 block access lists within every flashblock. The feature is…
SpaceX stock is sinking 7% after earnings: can it make a comeback?
SpaceX stock (SPCX) fell sharply on Wednesday after the company reported stronger-than-expected second-quarter results but disclosed a steep increase in artificial intelligence spending. The stock dropped as much as 13%…
Palantir stock surges 20% as Q2 earnings beat spurs analyst upgrades
Palantir Technologies (NASDAQ: PLTR) shares surged more than 20% in trading on Tuesday after the company reported stronger-than-expected second-quarter results, prompting several Wall Street firms to raise price targets and,…
New York sues Kalshi, says its prediction markets are illegal gambling
New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in…