SpaceX reported a 92% increase in revenue to $7.8 billion in Q2, beating analyst forecasts, but posted a net loss of $541 million and an operating loss of $143 million. The company’s earnings per share loss of $0.09 was better than the expected 26 cents loss. Despite the loss, SpaceX’s stock rose 10% after hours. The company continues heavy investments in AI infrastructure, Starship, and Starlink, with $18.37 billion spent in the quarter. While its launch business remains unprofitable, the Starlink satellite internet service is the main revenue driver. The stock may face pressure from upcoming insider share sales as the post-IPO lock-up period expires.
Ethereum developers have tentatively scheduled the Glamsterdam upgrade activation on the Sepolia testnet for October 6, 2026, at 13:53 UTC. This date remains conditional as stable activation has not yet been achieved on private development networks, ...
IAMGOLD is recommended as a Buy, trading at about 8 times forward earnings with a strong balance sheet and a top-tier Canadian mine operating at full capacity. The company’s Côté and Gosselin zones now form a combined deposit exceeding 20 million oun...
Bitwise Investment Advisors announced it will terminate and liquidate its Dogecoin ETF (BWOW) with the last trading day on October 14, 2026. The decision aims to optimize Bitwise's product lineup to better meet investor needs, though minimal investor...
The PUMP token from Pump.fun fell 12.5% to $0.004002 after breaking down from a seven-day ascending channel, signaling a bearish momentum shift. Traders faced $5.42 million in liquidations, mostly long positions. The platform added 20 new token pairs...
Bitcoin dropped to $76,651 following the release of US Producer Price Index data showing a 5.4% annual increase, driven by rising energy costs. This led to $562 million in crypto liquidations within 24 hours, mostly affecting long positions worth $48...
