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.
Paul Tudor Jones' Tudor Investment Corp increased its holdings in Blackrock's spot Bitcoin ETF (IBIT) to $22.9 million as of June 30, 2026, up 18.9% from the previous quarter. This move reflects a broader trend of traditional asset managers gaining B...
Plumas Bancorp, a small regional bank, reports strong operational metrics with a 1.79% return on assets and 15.0% return on equity, but faces significant asset quality issues. Nonperforming assets have increased 72% year-over-year, with agricultural ...
As the Fed Funds Rate holds at 3.75% and 10-year Treasury yields near 4.65%, income investors seeking higher monthly payouts can consider five ETFs with distribution rates from 7% to 14%. These ETFs include three Nasdaq-100 covered-call funds (QQQI, ...
Grayscale's research director Zach Pandl highlights three structural trends that could sustain Bitcoin adoption despite current price declines. These include rising public deficits boosting interest in scarce assets, increasing integration of blockch...
World Liberty Financial transferred 39 million WLFI tokens worth about $2.19 million to a Bybit-linked wallet, raising concerns of potential selling from its treasury. Despite this, WLFI's price rose 1.65% to around $0.0566, suggesting buyers absorbe...
