Key highlights: SpaceX (SPCX) has fallen about 26% over the past month as selling pressure intensifies across aerospace equities. The decline mirrors a broader unwind in new-space stocks, many of which have surrendered much of their 2026 gains. SPCX has significantly underperformed the Procure Space ETF (UFO), highlighting weaker investor sentiment toward higher-growth space companies. […]
Category: News
Key highlights: Vlad Tenev’s X account promoted a bogus memecoin after a hacking incident. Tenev has since recovered the X account, but victims lost 650 ETH in the scheme. Last week Airbnb CEO Brian Chesky’s X account was breached to promote tokenization. Robinhood CEO Vlad Tenev is the latest high-profile figure to suffer a security […]
Key highlights: U.S. stock futures traded mixed after Thursday’s sharp sell-off triggered by soaring oil prices and weak megacap earnings. Investors remain focused on escalating Middle East tensions after President Donald Trump signaled a possible major military strike against Iran. Brent crude held above $100 per barrel while traders assessed the impact of higher energy […]