SpaceX has officially completed its acquisition of AI coding startup Cursor for $60 billion, following an initial deal announced in April. This move integrates Cursor into SpaceX's extensive computing infrastructure, which includes the world's largest fleet of GPUs. The acquisition aims to enhance SpaceX's AI capabilities, leveraging its computing power to scale intelligence beyond current limits. Cursor will utilize this infrastructure to develop practical AI applications, marking a significant step in SpaceX's expansion into AI technology.
Aerodrome (AERO) and Velodrome (VELO) are merging into a single cross-chain decentralized exchange set to launch on October 21. Both tokens surged over 16% as the merger plan was announced, with AERO trading at $0.9422 and VELO at $0.04087. The merge...
Bitcoin's recent price correction has highlighted a potential support level around $74,500, representing a roughly 7.34% drop from the recent high of $87,027 on October 5. This level is based on historical average drawdowns during previous bull cycle...
Sandvik is recommended as a buy for investors seeking long-term growth in the industrial sector, particularly in mining and machining. The company benefits from strong customer relationships and supply chain advantages, with recent record profitabili...
With rising interest rates, Treasury bill ETFs are attractive but come with federal tax drawbacks. Box spread ETFs use a four-legged options strategy to mimic T-bill returns while minimizing taxable income and capital gains. Leading funds like Alpha ...
Ether (ETH) currently has $2.1736 million more buy orders than sell orders on Binance's spot market, with the price at $2,510.44. Binance spot market shows the strongest near-term buy side liquidity compared to other platforms like Coinbase and OKX, ...
