Evercore ISI says SpaceX IPO could boost S&P 500 to 9,000

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Coinbase launches equity index perpetual futures for AI, defense, China, and tech sectors

Coinbase's move into equity index perpetual futures could reshape trading dynamics, challenging traditional exchanges and expanding market access. The post Coinbase launches equity index perpetual futures for AI, defense, China, and tech sectors appeared first on Crypto Briefing.

Jun 15, 7:19 PM

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SpaceX defies Wall Street as valuation surges past $2.3 trillion

SpaceX’s market value has climbed past $2.43 trillion on the second day of its Nasdaq debut, pushing the stock far beyond several pre-listing valuation estimates and cementing its place among the world’s most valuable public companies. According to Yahoo Finance…

Jun 15, 7:17 PM

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SpaceX IPO raises $10B more than expected, reveals massive Bitcoin treasury

SpaceX's IPO success and Bitcoin holdings could influence corporate crypto strategies and market dynamics, impacting investor sentiment. The post SpaceX IPO raises $10B more than expected, reveals massive Bitcoin treasury appeared first on Crypto Briefing.

Jun 15, 7:11 PM

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SpaceX drives race for orbital data centers as AI demand grows

Space-based data centers could revolutionize AI processing, reducing terrestrial energy strain and reshaping the tech industry's competitive dynamics. The post SpaceX drives race for orbital data centers as AI demand grows appeared first on Crypto Briefing.

Jun 15, 7:10 PM

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Why do South Koreans love AI so much?

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. When I landed in Seoul after a grueling 12-hour flight from San Francisco, I walked through an unmanned immigration checkpoint, where a machine scanned my face and passport. On the subway home,…

Jun 15, 6:46 PM

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SpaceX is public: Everything you need to know post-IPO

TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.

Jun 15, 6:30 PM

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Trader 0x60a down $740K after shorting $5M of SpaceX SPCX shares

The trader's loss highlights the risks of shorting in volatile tokenized markets, underscoring the need for robust risk management strategies. The post Trader 0x60a down $740K after shorting $5M of SpaceX SPCX shares appeared first on Crypto Briefing.

Jun 15, 6:20 PM

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Micron Technology gains 10% as analysts emphasize AI-driven demand ahead of earnings

Micron's AI-driven growth highlights the strategic importance of memory chip supply in tech infrastructure, but faces risks from competition and market shifts. The post Micron Technology gains 10% as analysts emphasize AI-driven demand ahead of earnings appeared first on Crypto Briefing.

Jun 15, 6:19 PM