Tether CEO Paolo Ardoino cautions that Big Tech's massive AI infrastructure investments face four key economic mismatches: mispriced compute costs, delayed profitability, hardware lifespan versus financing terms, and competition from open-source AI. With global AI spending projected to reach trillions by 2030, Ardoino warns this spending binge could trigger a market correction impacting Bitcoin and crypto due to portfolio overlaps. Investors should watch hyperscaler earnings and open-source AI adoption closely, as a sharp downturn in AI stocks could ripple through correlated assets in 2026.
A class action lawsuit has been filed against Capricor Therapeutics and some of its officers for allegedly making false statements about FDA approval risks related to their drug Deramiocel. The complaint claims Capricor changed its clinical data anal...
James Altucher highlights Elon Musk's upcoming project, dubbed "A.R.M.", which Musk claims could generate $25 trillion in new wealth—more than the combined economies of China, Russia, and England. This figure also exceeds the combined market value of...
Krystal Biotech reported a strong Q2 2026 with earnings per share of $1.79, beating analyst estimates and up from $1.29 last year. Revenue grew 24% year-over-year to $119.22 million, mainly due to global sales of its gene therapy VYJUVEK for dystroph...
Diamondback Energy is expected to report a 127.7% jump in Q3 2026 earnings per share to $6.08 and a 31.1% rise in revenue to $4.82 billion, driven by robust oil production and efficiency improvements from advanced drilling technologies. Despite a rec...
MannyPay Global Inc., chaired by Manny Pacquiao, has launched a global payment facilitator platform in partnership with iMerchant and powered by Adyen. The platform supports merchants across more than 70 countries and 135 currencies with features lik...
