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Rheinmetall Drops 17% as Germany Scraps F126 Frigate
German defense stocks led by Rheinmetall plunged after reports Berlin will scrap its largest post-WWII warship program, the F126 frigate deal worth up to €12.8 billion, replacing it with a smaller ord
Cboe Revives S&P 500 Binary Options to Rival Polymarket
Cboe is reviving S&P 500 binary options after a decade, launching a 'Cboe Predicts' product line of yes/no bets on whether the index crosses set levels, directly challenging Polymarket and Kalshi's fa
Chip Stocks Rebound After Global AI Selloff
Tech stocks staged a partial recovery on Wednesday after a global selloff the previous session wiped out chipmakers and AI-linked names, with Wedbush's Dan Ives arguing the selloff reflected profit-ta
Tech Rout Pauses Markets; Micron Earnings Loom as AI Test
US stock futures steadied Wednesday after a second bruising day for tech, with Wall Street looking to Micron's earnings after the bell for a health check on AI demand.
NI Economy Outpaces UK Average Since Brexit
Ten years after the Brexit referendum, Northern Ireland's economy has outgrown the UK average on several measures, though economists say a delayed post-2008 recovery and a surge in business services —
Bitcoin’s ‘OG’ investors have slowed selling in a bullish sign for the market
Bitcoin's longest-tenured holders have reduced their selling to a roughly two-year low, with on-chain data suggesting the current ~$63,000 price is roughly the break-even point for the costliest coins
AI VCs Split on Bubble as SpaceX IPO Looms for LA
At TechCrunch's StrictlyVC in El Segundo, early-stage AI investors Carter Reum (M13, $2.5B AUM) and Chang Xu (Basis Set Ventures, ~$1B AUM) debated bubble risks, deal pricing, and why the SpaceX IPO c
Bitcoin gains 1% to $62,800, Nasdaq futures rise 0.7%
Treasury Secretary Scott Bessent endorsed Fed Chair Kevin Warsh's decision to scrap forward guidance on CNBC, prompting a modest bounce with Bitcoin rising 1% to $62,800 and Nasdaq 100 futures climbin
MSCI Keeps South Korea Emerging, Delays Indonesia
MSCI kept South Korea classified as an emerging market in its latest review while extending its assessment of Indonesia's status to November, keeping alive the possibility that Jakarta could be downgr
Bitcoin drops toward $62,000 as the chip selloff deepens for a second day
Bitcoin slid toward $62,000 as a second day of semiconductor stock selling dragged risk assets lower, pushing crypto broadly into the red and deepening a record $6 billion in 30-day spot bitcoin ETF o
VIX owner Cboe jumps into prediction markets to build on zero-day options growth
Cboe launched its first prediction markets product — binary options on the Mini-S&P 500 — as the sector's combined monthly volume on Kalshi and Polymarket surged to roughly $24 billion from under $5 b
Walmart-backed Flipkart expands quick-commerce push as Amazon ramps up in India
Flipkart's Minutes service has built 1,000 micro-fulfillment centers in under two years and plans to scale to 1,500 by end of 2026, positioning the Walmart-backed company as India's No. 2 quick-commer
AI Trade Doubts Drag Futures Lower; Nvidia, AMD Fall
Wall Street futures slipped as investors grew increasingly uneasy about stretched AI valuations, with chip stocks like Nvidia and AMD leading a broad semiconductor sell-off and FedEx flagging trade po
$170M Ether longs liquidated as crypto market tumbles: Is ETH doomed?
Ether fell 5% on Tuesday, triggering $170 million in liquidations of bullish leveraged positions as negative funding rates, six weeks of ETF outflows, and Ethereum Foundation layoffs deepened the sell
SpaceX Draws $89 Billion Demand for Debut High-Grade Bond Sale - Bloomberg.com
SpaceX's debut investment-grade bond sale attracted $89 billion in investor demand, with the company ultimately raising $25 billion in debt less than two weeks after its $86 billion IPO.
Micron Drops 13% in Worst Day in Over a Year
Micron shares plunged 13% on Tuesday, the steepest single-day drop in more than a year, as the chipmaker headed into its third-quarter earnings report against a backdrop of surging data-center demand.
FedEx Beats Q4 Estimates, Shares Slide 6% After Hours
FedEx topped Q4 fiscal earnings and revenue estimates in its final quarter including the freight business, yet shares fell roughly 6% in extended trading. The company received a $4.1 billion cash divi
SpaceX Stock Slides Below $150 IPO Debut Price
SpaceX stock briefly dipped below its $150 June 12 market debut price in early Tuesday trading before recovering to close marginally higher, shedding roughly $400 billion in market cap from a recent p
U.S. Jobs Revisions on Track to Add Jobs for First Time
For the first time in years, upcoming U.S. government revisions to employment data are expected to add jobs to the official tally rather than erase them, suggesting the labor market is stronger than m
Bitcoin Drops to Two-Week Low at $62K as Tech Stocks
Bitcoin fell to a two-week low of $62,000, down 4% in 24 hours, as crypto tracked a broader risk-off move in tech stocks amid growing expectations of Federal Reserve rate hikes.
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