Ouster, Inc., a LiDAR sensor company, posted record Q2 revenues of $55 million with sensor shipments doubling over two quarters. The company expects continued momentum in Q3, driven by multi-industry deals and a strong sales pipeline. With $450 million in cash and a forward sales multiple of 8x, Ouster is positioned for significant growth, potentially exceeding 50% annual revenue growth as Physical AI adoption accelerates. Despite recent share price weakness, the company offers an attractive valuation relative to peers in the Physical AI sector.
Hunter Biden plans to launch his LAPTOP meme coin on Sept. 9 via Coinbase's Base network, issuing 1 billion tokens with 30% allocated to founders. Despite the official launch pending, copycat tokens have already generated $6.9 million in trading volu...
Malone Lam, a 22-year-old Singaporean, pleaded guilty to helping steal over 4,100 Bitcoin worth $240 million by impersonating Gemini exchange and Google representatives. The scheme targeted a wealthy Washington investor through social engineering, co...
AMD reported impressive AI-driven earnings with Data Center revenue doubling and strong margin expansion, yet its stock price fell due to concerns over product mix and margin pressure. Despite a recent sideways stock movement, analysts remain bullish...
Hunter Biden announced the launch of a new memecoin called LAPTOP, set to debut on September 9 on Coinbase's Base network. The token aims to engage holders who lost money on the Trump memecoin by reserving 200 million tokens for airdrops to them and ...
Analyst Dr. Kamilah Stevenson warns XRP investors that even if they are right about the asset's long-term potential, mistiming market events like adoption or regulation can lead to losses. She highlights that many key factors influencing XRP's succes...
