Ouster, Inc. raised $200 million, increasing its pro forma cash to about $375 million to support large-scale customer growth and inventory for Physical AI applications. The company has customers planning rapid expansion, with unit growth targets ranging from 10x to 100x. Management aims for 30-50% annual growth, with potential for faster acceleration as Physical AI adoption grows. Despite trading at roughly 10 times projected 2027 revenue, analysts believe the stock's upside could be underestimated due to scaling customer orders.
Leveraged long positions in Dogecoin (DOGE) rose sharply in USDT-margined futures, while Bitcoin (BTC) and Ethereum (ETH) saw slight declines in long exposure, indicating traders are rotating risk toward more volatile assets. This shift is driven mai...
Bitcoin has historically seen an average drop of 19.38% each August since 2022, suggesting a potential fall to around $52,000 this year. Despite record realized losses reaching $1.37 billion in February 2026, long-term holders are accumulating Bitcoi...
Five years after El Salvador legalized Bitcoin, cryptocurrency remittances still account for only 0.7% of the country's $5 billion remittance market. In the first half of 2026, crypto remittances reached $35.4 million, up 39.1% from the previous year...
BitMart has initiated a phased shutdown of its global cryptocurrency exchange, stopping new registrations, deposits, and trading by August 26, 2026. The exchange cited operating conditions, market environment, and strategic direction as reasons but d...
Microsoft is positioned for strong fiscal Q4 results driven by accelerating growth in its Intelligent Cloud and Productivity segments, along with rapid monetization of AI investments. The company is expected to report revenue of $91.3 billion, surpas...
