US Inflation Drop Fades as Oil Surges
June’s inflation slowdown was driven largely by a 12% drop in gasoline prices, but that relief is already reversing as Brent crude surged 18% in a week following the collapse of the US-Iran ceasefire
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Cocoa Consolidates Rally as Demand Data Awaited
Cocoa prices edged higher on Wednesday, consolidating below last week's multi-month highs, as traders looked ahead to quarterly grindings data for clues on demand recovery. September ICE NY cocoa rose
SpaceX stock dips below IPO price ahead of Starship test
SpaceX shares closed at $135.27 on Wednesday, just above the $135 IPO price set by CEO Elon Musk for the company's June 12 public offering that raised nearly $86 billion. The stock spent much of the d
SpaceX stock dips below IPO price ahead of Starship
SpaceX's shares fell below the $135 IPO price on Wednesday afternoon, dropping to under $133 before recovering to hover around that level. The stock, which debuted on June 12 in a blockbuster IPO that
Ostium hacked for over $20M in oracle exploit
Ostium, a decentralized perpetual futures exchange built on Arbitrum, has suffered a major exploit that drained between $18 million and $23 million from its OLP vault. Security firms flagged suspiciou
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Trump Blasts NY Governor for Blocking Data Centers, Warns China Will Win AI Race
President Donald Trump has launched a blistering attack on New York Governor Kathy Hochul for halting data center construction in the state, calling the decision a "terrible decision" that will hand t
Thinking Machines releases open-weight AI model Inkling
Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira Murati, released its first proprietary AI model, Inkling, on Wednesday. Unlike the flagship models from OpenAI, Anthropic, or Go
Winmark Maintains $1.02 Dividend Despite Profit Dip
Winmark Corporation (WINA), the resale franchise operator, reported a slight decline in net income for the second quarter of fiscal 2026, while maintaining its quarterly dividend at $1.02 per share. T
Aave launches V4 on Avalanche, expanding into RWA-backed lending
Aave (AAVE) has deployed its V4 upgrade on Avalanche (AVAX), marking the protocol's first expansion beyond Ethereum. The move signals a push toward tokenized real-world assets (RWA) as collateral for
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SpaceX IPO fraud probe widened to Seoul police agency
Police have escalated the investigation into Korea Investment Trust Management (KITM) over allegations it misled investors by claiming it would include SpaceX IPO shares in an exchange-traded fund (ET