Some SpaceX bonds have already sunk to junk-like territory
Investors lent SpaceX billions in June, and its longest-dated bonds have sunk to an effective junk-like yield of 7.5% at $0.90 on the dollar.
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BNB Plus suspended by Nasdaq after failed BNB treasury bet
Anthony Scaramucci-advised treasury company BNB Plus has crashed 99.9% and has been delisted from Nasdaq.
— Crime, South Korea
Stock YouTuber stabbed in South Korea during market crash
A 20-year-old allegedly stabbed a South Korean investment YouTuber on the same day the country's stock market crashed 9%.
IBM just had its worst day since Black Monday
IBM crashed 26%, shedding $72B of its market cap in a single day after CEO Arvind Krishna confessed the company faltered during Q2.
SpaceX slips below $140 per share, wiping $1T from peak valuation
SpaceX slipped below $140 per share on Monday, wiping out $1T from the peak market capitalization of Elon Musk’s IPO.
SK Hynix wipes out US debut gain in one day of trading
SK Hynix’s new ADR rose 12.7% on its Nasdaq debut Friday. Then Seoul dropped -12.6% on Monday, leaving many US buyers in the red.
Robinhood Chain scams are already costing users dearly
Complaints are pouring into social media as traders lose assets to a variety of rudimentary scams on Robinhood Chain.
Meta insiders sold 150 times and bought zero in the last six months
Insider transactions at Meta have been sales only recently, especially before the company raised its AI budget and disappointed on earnings.
GoPro founder lends company $20M after 99% stock collapse
Nicholas Woodman became a billionaire from GoPro. Now, with the stock down 99% from its peak, it took financing from him to survive.
Sadot Group crashed 72%, halted five times today after short-seller report
Sadot Group halted five times and crashed 72% after short-seller Fugazi Research alleged the company isn't generating revenue.