SpaceX’s biggest test yet arrives this week and it’s not a rocket launch
teslarati.com

SpaceX’s biggest test yet arrives this week and it’s not a rocket launch

SpaceX will release its second-quarter earnings after market close on Tuesday, August 4, marking its first public financial disclosure since its June initial public offering. Management will host a live audio-only webcast on X at 4:30 p.m. ET. This report precedes the August 6 expiration of the first lockup tranche, which unlocks approximately 911.5 million insider and employee shares, valued at over $100 billion. This represents the largest such release in Wall Street history. A second, larger [...]
Truth Social launches service selling faster access to Trump posts
nbcnews.com

Truth Social launches service selling faster access to Trump posts

Trump Media and Technology Group launched “Truth API,” a paid subscription service granting financial firms real-time alerts for President Donald Trump’s social media posts before the general public. The high-speed data feed aims to provide Wall Street with milliseconds of advantage on market-moving announcements, such as tariff declarations or military operations, which Trump frequently posts on Truth Social. With 13 million followers, Trump uses the platform for official statements. The service allows subscribers to bypass standard scraping [...]
Nvidia and Tesla Sell-Off Tests the AI Trade as Blockchain Fundamentals Remain a Long-Term Institutional Catalyst
tekedia.com

Nvidia and Tesla Sell-Off Tests the AI Trade as Blockchain Fundamentals Remain a Long-Term Institutional Catalyst

Nvidia and Tesla experienced significant stock declines, with Nvidia dropping 10.4% and Tesla falling 16.4%, triggering concerns about a potential correction in the artificial intelligence investment narrative. Nvidia, a critical driver of AI infrastructure and major equity indices like the S&P 500, faces reassessment of its valuation and earnings expectations. Tesla’s steeper decline reflects growing investor caution toward high-growth technology companies reliant on future innovation rather than current cash flows. Rising interest rates, geopolitical tensions, and high [...]
Rivian Posts Positive News, Stock Price Drops
cleantechnica.com

Rivian Posts Positive News, Stock Price Drops

Rivian reported positive second-quarter financial results and favorable shareholder call outcomes in July 2026, yet its stock price declined significantly. The share value dropped approximately 3.9% following the news, continuing a multi-week slide from $20.14 to the mid-teens. Analysts attribute this counterintuitive market reaction to a recent equity raise that diluted existing shares and heightened headline risk. Additionally, Rivian filed a lawsuit in the U.S. Court of International Trade seeking tariff refunds based on a Supreme Court [...]
The Big Tech Boys’ Club Finds a New Way to Grow: AI
us.headtopics.com

The Big Tech Boys’ Club Finds a New Way to Grow: AI

Major technology corporations are pivoting their growth strategies toward artificial intelligence after previous ventures like virtual reality and the Metaverse failed to gain traction. These companies, often characterized as a wealthy elite, are leveraging substantial capital to dominate the AI sector. Unlike earlier low-capital software successes, current AI development requires massive financial investment from external sources, including the finance and investment communities. This influx of capital fuels rapid scaling in both hardware and software. However, concerns persist [...]
“Circular” Financing in AI & Big Tech
cleantechnica.com

“Circular” Financing in AI & Big Tech

Big Tech billionaires, having exhausted growth in social media and email, are aggressively pivoting toward artificial intelligence to maintain expansion. This shift follows the commercial failure of virtual reality, the Metaverse, and Google Glass, alongside delayed Mars missions. AI has emerged as the new revolutionary frontier, attracting trillions of dollars in investment from the finance sector. Unlike previous ventures, this capital does not stem from mass-market revenue streams but from institutional investors seeking the next major financial [...]
Unitree IPO Subscription Opens: Profitable Robot Maker vs. $39B No-Revenue Figure AI
techtimes.com

Unitree IPO Subscription Opens: Profitable Robot Maker vs. $39B No-Revenue Figure AI

Unitree Robotics, Hangzhou-based manufacturer of humanoid robots, has set subscription dates for its Shanghai STAR Market IPO, marking the sector’s first publicly traded, profitable competitor. Book-building opens August 5, with public subscription on August 10. The company enters markets with a base valuation of ¥42 billion ($6.22 billion) and secondary expectations above ¥100 billion ($14.82 billion). Unitree reports revenue of ¥1.708 billion ($253 million) and an adjusted net profit of ¥600 million ($89 million). This listing challenges [...]
Two Days After US Curbs, China’s Unitree Confirms IPO Next Month
en.sedaily.com

Two Days After US Curbs, China’s Unitree Confirms IPO Next Month

Chinese robotics firm Unitree has confirmed its initial public offering on Shanghai’s STAR Market, with investor subscriptions beginning on the 10th and listing expected around the 19th. The company plans to issue 40.446 million new shares, raising approximately 4.2 billion yuan for AI research and production expansion. This move positions Unitree as the first humanoid robot maker to enter the mainland Chinese stock market, projecting a corporate value near 42 billion yuan. The announcement comes just two [...]