The upcoming SpaceX IPO, expected around mid-June with a $135 share price, could pull about $50 billion from retail investors reallocating funds from crypto and semiconductor stocks like Bitcoin and AMD. BNP Paribas analysts suggest retail investors will fund roughly 30% of the IPO, causing selling pressure in risk assets, especially crypto, which is down 27% year-to-date despite recent gains. While the link between the IPO and crypto selloff is plausible, it remains unconfirmed, with investors advised to watch IPO pricing, leveraged ETF behavior, and Bitcoin's price stability for clearer signals. This event highlights the finite nature of retail capital and its impact on asset flows during major market events.
Tesla CEO Elon Musk predicts that by the end of 2024, traditional human-readable coding will become obsolete as AI will directly create machine code. This shift could accelerate Tesla's autonomy and AI projects, including Optimus robots and AI proces...
Intel's stock surged nearly 10% after reports revealed that Google and Nvidia are considering Intel as a backup manufacturer for AI processors. Google reportedly placed an order for over 3 million Tensor Processing Units (TPUs) for 2028, while Nvidia...
The MicroSectors FANG Innovation 3x Leveraged ETN (BULZ) fell 18% on June 5, 2026, following a broad selloff in major tech stocks like NVIDIA, Broadcom, Tesla, Meta, and Amazon. This product amplifies daily index moves by three times, so a coordinate...
Tesla has reduced its robotaxi fleet to about 20 vehicles despite expanding the Austin service area, raising safety concerns from former engineers. Meanwhile, SpaceX updated its IPO filing, indicating a lock-in period for Musk's shares and potential ...
Nvidia CEO Jensen Huang highlighted Tesla's Optimus humanoid robot as a potential multi-trillion-dollar opportunity that could transform industries through physical AI. Unlike generative AI focused on software, this next phase involves robots acting ...
