Bitcoin24h $79,133.84+1.55%

Ethereum24h $2,501.56+1.77%

BNB24h $745.89-0.15%

XRP24h $1.43+2.03%

Solana24h $103.87+1.21%

TRON24h $0.3385-0.04%

Hyperliquid24h $86.51+4.69%

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Dogecoin24h $0.0904+1.40%

Monero24h $502.56+0.18%

Credit default swaps forecast AI bankruptcies

CDS spreads are deteriorating across mega-cap AI stocks including Alphabet, Amazon, Meta, and SpaceX, which all hit record spreads this week.

South Korea’s KOSPI has erased more than Bitcoin’s market cap in 29 days

The KOSPI has erased about $1.6T of market value since June 19, more than all the BTC in the world is worth.

Intel beat its own forecasts, posted a massive $16B in revenue, but still found a raft of jobs to terminate.

SpaceX has shed over $1.1T since June 16, but the banks that split $500M selling its IPO still rate the stock a “buy.”

Apple surpassed Nvidia at 9:40am New York time to become the world’s largest public company, then handed back that crown within an hour.