A synthetic perpetual contract tracking SpaceX's valuation on Hyperliquid plunged 45% within 30 minutes, causing liquidations of 405 traders across 1,393 positions and wiping out $1.51 million in notional exposure. This derivative is a speculative instrument with no actual equity in SpaceX, relying on estimated private valuations and suffering from extremely shallow liquidity. The crash was triggered by a single large sell order that overwhelmed the thin market depth, highlighting risks in illiquid, speculative markets tied to private companies. Despite the drop, the contract's price remained above its reference valuation, showing ongoing market inefficiency and the dangers for retail investors in such products.
Shell plc announced that as of May 29, 2026, it has 5,586,155,889 ordinary shares outstanding, each with a nominal value of €0.07. The company holds no shares in treasury, and this figure includes shares bought back but not yet cancelled under its sh...
Aduro Clean Technologies announced its participation in several major industry and investor conferences in June 2026, including events in London, Toronto, Frankfurt, and Pittsburgh. The company will showcase its Hydrochemolytic™ Technology and discus...
Aduro Clean Technologies announced its participation in several investor and industry conferences in June 2026, including events in London, Toronto, Frankfurt, and Pittsburgh. The company will showcase its Hydrochemolytic™ technology, discuss progres...
After Palantir's Q1 earnings report, analysts sharply disagree on its valuation, with price targets ranging from $90 to $230. The divide reflects contrasting views on Palantir's AI software platform and growth potential. Bulls see durable government ...
Isabelle Hudon's term as CEO of the Business Development Bank of Canada (BDC) has been extended until 2030. Since her appointment in 2021, Hudon has expanded BDC's client base by nearly 50% and launched key initiatives supporting Canadian SMEs, inclu...
