Traders pile into 'bubble puts' on CoreWeave as neocloud stocks plunge
As a key corner of the artificial intelligence trade takes a beating on Wednesday, traders are betting it could get even worse.
As a key corner of the artificial intelligence trade takes a beating on Wednesday, traders are betting it could get even worse.
SpaceX on Monday announced a senior unsecured notes offering and disclosed about $100.8 billion in cash. Shares of SpaceX fell 11% and headed for a third consecutive losing session. The space and artificial intelligence company plans to use the proceeds to pay off bridge financing and other general purpose needs. The filing didn’t disclose how…
The SABC has apologised after its streaming platform, SABC+, buckled during Bafana Bafana’s Fifa World Cup match against Mexico on Thursday night, locking many users out of the most keenly anticipated South African fixture in 16 years for much of the first half. In a statement on Friday, the public broadcaster said SABC+ stabilised only…
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Bitcoin extended its rally on Friday, rising to new records overnight after bitcoin ETFs saw their biggest day of inflows of the year. The price of the flagship cryptocurrency was last higher by 4% at $117,955.25, according to Coin Metrics. Earlier, it rose as high as $118,872.85. Ether rose 6%, crossing back above the $3,000…