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08-04

SpaceX Q2 2026 Revenue Surges 92% to $7.8 Billion, Stock Falls 20% Post-IPO

SpaceX just dropped its first-ever public earnings report, and the numbers are the kind that make growth investors salivate while value investors reach for antacids. The company posted $7.8 billion in Q2 2026 revenue, a 92% increase that blew past analyst expectations of roughly $6.8 to $6.9 billion

SpaceX Shares Rally 9% Ahead of Earnings Amid High Short Interest and Lock-Up Expiration

SpaceX shares are climbing roughly 9% as the company approaches what might be the most consequential week of its young life as a public company. The rally comes ahead of its first-ever quarterly earnings report, scheduled for August 4, 2026, with a cocktail of catalysts that reads like a volatility

37 Americans Arrested Over AI Data Center Protests in 2026

At least 37 people have been arrested across the US this year for protesting the construction of AI data centers in their communities. The charges are about as serious as a parking ticket: clapping, exceeding allotted speaking time, refusing to show ID.The arrests paint a peculiar pictureA Futurism

$691 million worth of 6,909 BTC flows into exchange wallets within 24 hours

According to AiCoin's real-time data, 6,909 BTC, valued at $691 million, flowed into exchange wallets over the past 24 hours. The largest inflow was to Coinbase Pro, with 4,864 BTC, followed by Bitfinex, which received 1,087 BTC. For more information on exchange fund flows, visit AiCoin’s website –

AMD Shares Drop 7% After Earnings as Capex Surpasses $800M

AMD shares fell more than 7% in after hours trading Tuesday after the chipmaker reported record second quarter revenue while capital expenditures increased sharply from the previous quarter.AMD spent $808 million on property and equipment during the quarter, up from $389 million in the first quarter

Coldcard Bitcoin Exploit Drains $80M in 30 Minutes Due to Firmware Bug

For five years, a subset of Coldcard hardware wallets were generating Bitcoin keys with the cryptographic equivalent of a flimsy padlock. The bug, introduced during a March 2021 firmware rewrite in version 4.0.1, replaced the device’s hardware random number generator with a software-based pseudorand

Ripple's Monica Long Declares XRP Ledger Ready for Institutional Use

TL;DR:Ripple announced strategic investments in ZILO and Liquido to optimize regulated issuance and digital collateral mobility.The firm maintains that financial institutions have moved beyond the pilot testing phase to operate tokenized assets on live production networks.The integrated technology a

Samsung Electronics Hits $1 Billion in Next-Gen AI Memory Chip Sales

Samsung Electronics has crossed the $1 billion sales mark for its next-generation AI memory chips, a milestone that took roughly four months from the start of mass production. The company’s high-bandwidth memory (HBM) 4 chips, which began shipping on February 12, 2026, claim performance improvements

Bitcoin Price Resilient Amid $100M Cold Wallet Hack, Experts Explain Why

In an interview broadcast on “The Wolf Of All Streets,” a well-known channel in the sector, the institutional transformation that the cryptocurrency market has undergone and the price dynamics of Bitcoin were discussed in detail.The program, moderated by Andrew Parish, featured Bitwise Chief Investm

U.S. States Repeal Data Center Tax Breaks, Impacting AI Infrastructure Costs

U.S. states that previously incentivized data centers are now reconsidering their stance by withdrawing sales tax breaks, a move that could significantly increase the operational costs of AI computing. Arizona, Illinois, and Ohio are among the states that have paused or narrowed these tax incentives

SpaceX Q2 Revenue Surges 92% to $7.8 Billion, Exceeds Analyst Estimates

SpaceX’s first quarterly earnings as a public company landed the way the company tends to do most things: ahead of schedule and louder than expected. The aerospace giant reported $7.8 billion in Q2 2026 revenue, a 92% jump from the roughly $4.7 billion it posted in Q1, blowing past analyst estimates

SpaceX Starlink Hits 12 Million Subscribers, Eyes Potential IPO

SpaceX’s Starlink satellite internet service now counts over 12 million active subscribers worldwide, a milestone reached at the close of the second quarter of 2026. That’s up from 10.3 million at the end of Q1, which itself was up from roughly 9 million at the end of 2025.The numbers behind the gro

BlackRock Announces a 1-to-3 Reverse Split for ETHA to Reduce Trading Costs

ME News reports that on August 5 (UTC+8), Bloomberg ETF analyst Eric Balchunas posted on X that BlackRock has announced a 1-for-3 reverse split for ETHA, raising the price from $14 to $42 in October. This move will reduce trading costs from 7 basis points to approximately 2 basis points. The ETF iss

SpaceX and Nvidia to Build Distributed AI Supercomputer in Space

The cloud is going orbital. SpaceX and Nvidia announced on August 4, 2026, that they are jointly developing the compute payload for the Starmind AI1 satellite, a spacecraft designed to run serious artificial intelligence workloads from low Earth orbit using Nvidia’s most advanced silicon.This is not

Bernstein: Texas Power Grid Moratorium May Not Affect BTC Miners Materially

Bitcoin mining companies with existing operations in Texas are likely to face limited direct disruption from a new state-level pause on certain data center approvals, according to Bernstein analysts. The move centers on heightened scrutiny of how quickly new data center projects are being lined up t

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