Articles by Sarah Chen
Wayve Launches Paid Robotaxi Service in London with 15 Cars
Wayve kicked off paid autonomous rides in London with just 15 vehicles, testing its $8.6B valuation. The limited fleet faces a huge demand gap with 100,000 interested customers.
BitMine Shares Edge Up as Ether Decline Narrows Asset Cushion
BitMine shares gained 0.2% to $23.42, while ether's 0.9% dip reduced the company's treasury discount to 3%, with common equity estimated at $24.21 per share.
Bitcoin Holds Near $77.4K as ETF Outflows Test Spot-Driven Rally
Bitcoin holds near $77,400 as a $236.5 million ETF outflow challenges the spot-driven rally. Leverage declines but cash demand remains the key support.
SpaceX Shares Dip 1.9% as AI Spending Weighs on $1.84T Valuation
SpaceX stock slipped 1.9% on Wednesday as investors weighed heavy AI-related capital spending against a $1.84 trillion market valuation, even as Q2 revenue surged 91.9%.
Apple Stock Dips Premarket as iPhone 18 Pro Max Drives Valuation Toward 37x Earnings
Apple (AAPL) shares fell 0.2% in premarket trading as anticipation builds for the iPhone 18 Pro Max, pushing the stock's valuation to nearly 37 times earnings.
Binance Dominates August Exchange Inflows as Bitcoin Retreats Below $78K
Binance secured $15.7B in August inflows, over 75% of all centralized exchange flows, as Bitcoin dropped below $78,000. Record spot volumes and concentration risks highlighted.
Nvidia Slips 1.5% as DLSS 5 Launch Raises RTX 50 Demand Concerns
Nvidia shares slipped 1.5% ahead of DLSS 5's debut in NBA 2K27, spotlighting the small but strategic Edge Computing segment and raising questions about RTX 50 upgrade demand.
Nauticus Robotics Soars 27% as Both Comanche ROVs Enter Commercial Service
Nauticus Robotics (KITT) surged 27% after announcing both Comanche ROVs are now in commercial service. The rally lifts market value to $7.55M, yet cash reserves may only last 25 days.
SpaceX Slips 1% as AI Capex Strains $1.9T Valuation
SpaceX shares dipped 1% as heavy AI spending raised valuation concerns. Q2 revenue surged 92% to $7.814B, but AI losses hit $1.257B.
Apple Stock Rises as New CEO Takes Helm in AI Era
Apple's stock rose 1.7% as John Ternus took over as CEO, facing the challenge of leading AI innovation in a $4.7 trillion company.