BREAKING: President Trump says the Trump Administration might buy equity stakes in US AI companies and that he will host a meeting with AI executives as soon as next week, per Reuters.
JUST IN: Zcash crashes 48% after Claude AI finds critical vulnerability allowing unlimited minting of $ZEC.
It went unnoticed for 4 years until it was patched on June 1st.
$MSTR paid an average of $75,699 for its 843,706 bitcoin. At ~$61,300 it is worth about $51.7B against a $63.9B cost, roughly $12.2B underwater. It's a mark, not a realized loss, and it swings ~$0.8B per $1,000 move in BTC. But the company that built its whole identity on "never selling" did sell 32 coins last week, into this.
BREAKING: SpaceX plans to sell approximately 555.6 million shares at $135 per share in its upcoming IPO, according to new SEC filings.
At that price, the offering would raise $75 billion, making it the largest IPO in history by a wide margin.
This would value SpaceX at $1.77 trillion.
BREAKING: Taiwan’s stock market surges to its highest level on record, now up another +50% this year.
Taiwan now has the 5th largest stock market in the world.
BREAKING: The 10 largest US stocks now account for a record 41% of the S&P 500's market cap.
This is 14 percentage points higher than at the 2000 Dot-Com Bubble peak.
This means ~41 cents of every Dollar invested in the S&P 500 flows directly into shares of just 10 firms.
~35 cents of every Dollar flows specifically into the Magnificent 7 group.
All while nearly 50 cents of every Dollar are now going into AI-linked stocks.
Mega-cap tech is all that matters right now.