Ontario Teachers’ $300 Million SpaceX Investment Grows to Nearly $12 Billion
Ontario Teachers’ Pension Plan’s $300 million investment in SpaceX has grown to nearly $12 billion based on the company’s expected IPO valuation, representing one of the...
News - Page 12
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Latest News
Michael Burry Calls Nvidia-xAI Financing Structure a “Fugazi”
Michael Burry criticized the financing structure behind Nvidia GPU purchases used by xAI, arguing that complex off-balance-sheet arrangements obscure risk while shifting exposure to investors through...
Jensen Huang Says AI Stocks Are ‘Very Cheap’ as Infrastructure Boom Accelerates
Nvidia CEO Jensen Huang described the recent technology selloff as a buying opportunity, arguing that AI-related stocks remain attractively valued as the global AI infrastructure buildout...
Anthropic Calls for Slower AI Development as Claude Approaches Human-Level Coding
Anthropic is urging policymakers and AI labs to carefully evaluate the risks of increasingly autonomous AI systems as Claude reaches human-level coding performance and begins handling...
Analysts Warn SpaceX IPO Could Trigger One of Largest Insider Cashouts in Market History
Some market analysts warn that SpaceX’s upcoming IPO could become one of the largest insider liquidity events ever, as early investors gain access to trillions of...
Goldman Sachs Forecasts 100-Fold Increase in SpaceX AI Revenue by 2030
Goldman Sachs projects that SpaceX could increase its AI-related revenue by 100 times by 2030, reaching approximately $322 billion annually as the company expands its artificial...
Crypto Market Wipes Out $200 Billion as Bitcoin Falls Below $62,000
The cryptocurrency market lost roughly $200 billion in value over 24 hours as Bitcoin fell below $62,000, triggering the largest wave of leveraged liquidations since January.
Hyperliquid Emerges as 24/7 Trading Venue for Traditional Assets Through Perpetual Futures
Hyperliquid is benefiting from growing demand for perpetual futures tied to assets beyond crypto, as traders increasingly seek 24/7 access to markets ranging from oil to...
SpaceX Targets $1.75 Trillion Valuation Ahead of Historic Nasdaq IPO
SpaceX is reportedly targeting a $1.75 trillion valuation for its upcoming IPO, with the company expected to begin its investor roadshow on June 4 ahead of...
Victoria’s Secret Shares Surge 40% After Earnings Beat Expectations
Victoria’s Secret shares soared nearly 40% after the company reported quarterly results that exceeded Wall Street expectations, triggering one of the stock’s strongest rallies in years.
Jensen Huang Calls Marvell the Next Trillion-Dollar Company
Marvell shares surged after Nvidia CEO Jensen Huang described the company as the next potential trillion-dollar business, highlighting its growing role in AI infrastructure and networking.
Nvidia’s Credit Risk Falls Below U.S. Government as Balance Sheet Strength Impresses Markets
Investors now view Nvidia as a safer borrower than the U.S. government, with the company’s five-year credit default swap trading below U.S. sovereign CDS levels.