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.
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Coinbase CEO admits content coins were a mistake
Coinbase CEO Brian Armstrong admitted that the firm "messed up" with content coins and its crypto social media app Zora before its AI pivot.
Cap ‘stabledrop’ U-turn sees cUSD drop $23M, founder denies self dealing claims
Cap’s founder took to X to apologize for a u-turn on the long anticipated "stabledrop" and distance himself from a notorious wallet address.
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.
— Michael Saylor, MicroStrategy
No amount of cash can fix STRC’s trust problem
Michael Saylor keeps raising cash for STRC holders who've watched him shift his promises, so the discount below par is persisting.
BlueMove’s $500K SUI loss raises insider job suspicions
Around $500K worth of SUI tokens was drained from BlueMove DEX's locked pools last weekend, leading to rumours of an inside job.
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.
Buy STRC and make 28%? Traders say no thanks
The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends.