Cash Cat (CASHCAT), a meme token linked to Robinhood, surged to a new all-time high of about $0.31 on MEXC perpetual futures, reaching a market value around $314 million before a correction lowered it to $276 million. This rise is part of a broader speculative rally involving other Robinhood meme tokens like PONS, Basecat, and Index. Despite a recent 15% price correction, CASHCAT remains well above key moving averages, indicating strong momentum but high volatility. The token's future depends on whether it can stabilize around $0.23–$0.25 to attempt another rise toward $0.30 or face a deeper retracement.
Polestar reported disappointing Q2 results with an 8% decline in revenues and falling delivery volumes, leading to significant losses. The company faces ongoing cash burn, a negative working capital exceeding $4.7 billion, and a weak balance sheet de...
Solana (SOL) surged 5.31% to $104.98 following a breakout from a cup-and-handle pattern, signaling strong buyer interest and a possible rise to $500. Trading volume increased by 12.10%, and open interest rose, indicating growing speculative activity....
U.S. spot Bitcoin ETFs recorded $731 million in net inflows on September 3, their largest single-day inflow since January. BlackRock’s iShares Bitcoin Trust (IBIT) led with $454 million, followed by ARKB with $138 million and Fidelity’s FBTC with $74...
Nissan is rolling out AI-powered autonomous mobile robots (AMRs) at its Smyrna, Tennessee factory to transport heavy loads up to 4,190 pounds. These robots can recharge themselves, communicate to avoid traffic jams, and call for backup if needed, rep...
ON Semiconductor is focusing on physical AI by enhancing its semiconductor capabilities in power, sensing, and control, crucial for robotics and automation. The proposed acquisition of Synaptics will fill gaps in edge computing and tactile sensing, m...
