Italy’s largest bank, Intesa Sanpaolo, disclosed a $966.42 million stake in SpaceX, marking a strategic shift from direct crypto investments to traditional equities. The bank drastically reduced its holdings in BlackRock’s Bitcoin ETF by 94%, signaling a retreat from direct Bitcoin exposure amid a declining crypto market. SpaceX, which went public in June and holds Bitcoin on its balance sheet, offers Intesa indirect crypto exposure while betting on long-term growth. Other major investors like Harvard and the University of California also increased their stakes in SpaceX, reflecting strong institutional confidence despite recent stock volatility.
Ecopetrol held meetings on August 18, 2026, for holders of its 2010 and 2013 domestic bonds to discuss a merger proposal. The 2010 bondholder meeting did not reach quorum, and the 2013 meeting only had 15.33% of the principal amount represented, fall...
Bitway (BTW) surged 23.9% to $0.4497, driven by recent protocol upgrades that improve scalability and user experience, boosting its market cap to $1.22 billion. Meanwhile, Worldcoin (WLD) fell 7.8% to $0.3175 due to regulatory scrutiny fears, highlig...
China's 10-year government bond yield dropped to 1.67%, its lowest since July 2025, driven by disappointing economic data and expectations of more stimulus from Beijing. Key indicators like industrial production and retail sales fell short of forecas...
Unitree Robotics, a Chinese humanoid robot maker, saw its shares jump 542% on its Shanghai stock market debut, raising about 6.1 billion yuan ($905 million) in its IPO. The company, known for its agile robots capable of backflips and dancing, attract...
SoundHound reported a strong Q2 with revenue up 45% year-over-year to $61.9 million, driven by major enterprise deals and improved gross margins reaching 58.4%. The company is advancing its AI voice software business through the launch of its OASYS a...
