Space ETFs fell significantly on the day SpaceX launched its IPO, priced at $135 per share with a $1.77 trillion valuation, raising $75 billion in the largest IPO ever. The sell-off reflects investors rotating out of other space stocks to buy SpaceX shares, which had been highly anticipated. Despite the drop in ETFs, experts say SpaceX's valuation is justified by its diverse business including communications and AI contracts, with expected revenues around $45 billion this year. SpaceX is expected to quickly become a top holding in space-focused funds due to its size, retail interest, and fast index inclusion.
The 2026 Enbridge Tour Alberta for Cancer saw over 2,300 cyclists raise a record-breaking $12.5 million to support cancer care in Alberta. The funds will be invested by the Alberta Cancer Foundation into advanced cancer research, clinical trials, and...
Last week, the S&P 500 dropped 1.6% as investors moved away from large-cap growth stocks toward value and defensive sectors. Energy and commodities outperformed, while technology and momentum stocks lagged due to renewed geopolitical tensions and inf...
Bitcoin's recent onchain data shows that the cost basis of short-term holders has dropped below that of long-term holders, a signal historically seen near the end of bear markets. This suggests the current Bitcoin bear market could be entering its fi...
In 2010, Satoshi Nakamoto defended Bitcoin's SHA-256 hashing against security doubts, establishing a plan to upgrade if needed. Despite advances in quantum computing, SHA-256 remains secure, with no successful attacks to date. Developers in 2026 prop...
DOG Mode is an alternative Bitcoin client that relaxes default relay policies affecting transactions like Ordinals and Runes without changing Bitcoin's core consensus rules. This approach reignites a debate over Bitcoin's governance, censorship, and ...
