SpaceX’s Plan for Orbiting Data Centers Raises Concerns Over Growing Space Debris
SpaceX proposes retiring most of its orbiting data centers in graveyard orbits, sparking debate over the long-term risks of increased space debris in low Earth orbit.
Latest news
Big Tech
Crypto & Fintech
Crypto Founder Predicts Hyperliquid Will Surpass Solana in Market Cap This Cycle
BitMEX co-founder Arthur Hayes forecasts that the altcoin Hyperliquid will outpace Solana’s market value and reach $150 per token by midyear.
Corporate Power
Oil Prices Climb Amid Middle East Tensions While U.S. Stocks Hover Near Records
Rising oil costs sparked by renewed conflict in the Middle East weigh on fuel-sensitive stocks, yet major U.S. indexes maintain levels close to historic highs.
Trade & Tariffs
US Legislation May Block Mercedes-Benz Sales Over Chinese Ownership Stakes
A proposed US bill targets automakers with significant Chinese equity, threatening Mercedes-Benz's ability to sell cars stateside due to combined ownership stakes exceeding the 15% threshold.
Markets & Macro
Dallas Sees Surge in Hospitality Jobs as City’s Tourism and Dining Bounce Back
Dallas hospitality sector is rapidly expanding, with hotels, restaurants, and event venues increasing hiring to meet growing visitor demand and economic recovery.
Crypto & Fintech
Mystery Whale Paid Nearly $30 Million to Exit BlackRock Bitcoin ETF Before Market Decline
An institutional investor sold a massive $1.26 billion position in BlackRock’s Bitcoin ETF, absorbing nearly $30 million in losses for immediate liquidity ahead of a market downturn.
Crypto & Fintech
Bitmine Boosts Ethereum Holdings to Over 4.4% of Supply Amid Market Downturn
Ethereum treasury firm Bitmine expanded its ETH holdings by 26,497 coins, reaching over 5.4 million ETH, which equals 4.49% of total Ethereum supply despite price decline.
Corporate Power
Berkshire Hathaway Deal, AI Startup Struggles, and Iran Conflict Costs Influence Markets
Berkshire Hathaway’s latest acquisition, AI startup funding challenges, and the escalating expenses of the Iran war are shaping investor behavior and global market trends.
Energy & Climate
Chicago Moves to Acquire Greyhound Station in $19.2 Million Deal to Preserve Bus Service
Chicago plans to purchase its Greyhound bus terminal for $19.2 million, aiming to secure downtown intercity bus service amid concerns over the station’s imminent closure.
Crypto & Fintech
Strategy Conducts First Bitcoin Sale Since 2022, Generating $2.5 Million
Strategy sold 32 Bitcoin last week at an average price above $77,000 per BTC to support preferred stock distributions, marking its first disposal since 2022.