The latest issue started with a bad internet route from Teraswitch’s Miami facility that then spread to data centers across Europe and Asia, cutting off validators in London, Amsterdam, Frankfurt, Singapore and Tokyo. North America stayed online. The company fixed the issue in about 10 minutes, and traffic was flowing…

Image source: Getty Images When it comes to building a second income, investing in Space Exploration Technologies (NASDAQ: SPCX) might not be the obvious place to start. After all, the company is burning through cash at a rate of knots, is unprofitable and has never paid a dividend. However, that…

According to a Fortune article in July, Kalshi decided to pause flight cancellation contracts, after social media users expressed concerns over malicious actors causing flight cancellations to collect payouts. And according to Kalshi data, retail participation in the niche aviation series has been modest. For the U.S. flight cancellation bet…

DKosig National CineMedia (NCMI) traded sharply lower in the premarket session after the cinema advertising company reported second quarter earnings below expectations. After a strong start to the third quarter with the Odyssey and Spider-Man ripping it up at the Source link

Forecasts point to 0.1% month-on-month growth in the headline CPI for July, up from June’s –0.4% reading. The year-on-year figure is expected at 3.4%, down from 3.5%, and annual core CPI inflation is seen dropping to 2.5% from 2.6%. According to ING, a softer-than-expected print could weaken the dollar, an…

Mortgage Bankers Association’s Composite Index increased 3.6% to 248.6 during the week ended August 7, compared with -2.9% to 240.0 seen in the prior week, according to the Weekly Mortgage Applications Survey. The Market Composite Index is a measure of Source link

CoreWeave (CRWV) shares surged 16% in pre-market trading on Wednesday after the company delivered stronger growth and raised its full-year outlook, lifting the broader neocloud market. The AI infrastructure provider said second-quarter revenue more than doubled to $2.58 billion, narrowly beating expectations, while its net loss of $626 million was…

Risks include macroeconomic uncertainty, delayed marketing decisions, tariffs, procurement consolidation, financing conditions, and slowed customer decision cycles across verticals, contributing to cautious enterprise spending and uneven customer commitments. Source link

That amount is smaller than the ETF outflows. But in financial markets, price is set at the margin. The most recent buyers and sellers, not the cumulative volume over months, determine where the price goes. In a downtrend, when buying interest is already weak, even relatively modest and steady selling…

I read an interesting BBC article yesterday (11 August) about a young woman who had managed to get on the property ladder with a little help from the stock market. Admittedly, that’s not particularly interesting in itself. The stock market is a well-known wealth-creating machine that has helped countless investors…