Elon Musk introduced Terafab, a Texas chip manufacturing facility that Tesla and SpaceX will construct collectively. The plant will manufacture semiconductors for synthetic intelligence and robotics. Musk stated Terafab Texas would change into the most useful constructing on Earth by far. Tesla and SpaceX plan to take a position $16.8 billion to begin building. Total…
Fundstrat’s Tom Lee mentioned on CNBC he expects the S&P 500 to succeed in 7,900 to eight,000 this month. He additionally named Ethereum as an sudden chief of the subsequent leg greater, alongside the Magnificent Seven and software program shares. Lee’s case for an August breakout Lee said a deleveraging occasion a number of weeks…
Jeff Bezos filed to promote 15 million Amazon shares value $4.07 billion this week, in a sale that traces again to a buying and selling plan he adopted eight and a half months earlier. The submitting landed a day after Amazon’s inventory crossed a $3 trillion market cap on sturdy earnings, elevating a number of…
Giving AI the power to spend your cash – are we already there? An AI agent can now guide a flight, renew software program, or buy computing energy for a enterprise. The subsequent step is permitting that agent to finish the fee by itself. That shift is already underway. Coinbase’s x402 protocol has processed 109.6…
Artificial intelligence (AI) has stopped being a expertise story in Southeast Asia and has develop into an financial development engine, based on United Overseas Bank (UOB) executives talking on the ASEAN Conference 2026. The alternative lies much less in adopting AI instruments than in constructing the bodily infrastructure that makes them potential. Where the Data…
A viral chart evaluating the S&P 500’s present trajectory with that of the late Nineteen Nineties has reignited debate over whether or not enthusiasm for synthetic intelligence is inflating a basic market bubble. The index retains setting information in 2026, and analysts disagree sharply on what that sample truly alerts. S&P 500 Index (SPX) –…
Nikita Bier becoming a member of OpenAI grew to become a quick, viral rumor on August 6, simply hours after he confirmed he was leaving X. OpenAI Codex lead Andrew Ambrosino triggered the chatter, then defused it throughout the identical breath. Ambrosino posted that Bier had joined the Codex staff, a nod to Codex, OpenAI’s…
Eliza Labs founder Shaw Walters declared the ElizaOS (ELIZAOS) token “useless” and stated the muse is winding down, sending the altcoin token to a report low. Walters posted the assertion on X, telling holders that no provide, buybacks, or basis help stay to defend the value. What Happened With ELIZAOS Walters stated regulation agency Burwick…
The Bitcoin (BTC) 30-day imply hash price has fallen 19% since November 2025, sliding from 1,108 EH/s to 898 EH/s. Glassnode information exhibits the nine-month decline is the longest in the community’s historical past. The slide coincides with the largest capital migration miners have ever staged. Public mining companies maintain over $70 billion in AI…
Nikita Bier is stepping again as X’s product chief after 400 days. He stays on at Elon Musk’s platform as an advisor. He left with a quantity. X shipped practically 30 new merchandise on his watch, he mentioned Wednesday. The impartial information tells a more durable story. Ladies and gents, it is time to cross…