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Wall Street giants back $15M push to quantum-proof Bitcoin as the CLARITY Act nears a do-or-die deadline
CoinDesk17d agoneutralVIDEO
Wall Street giants back $15M push to quantum-proof Bitcoin as the CLARITY Act nears a do-or-die deadline

On this episode of CoinDesk's Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by Charles Schwab Head of Crypto Research Jim Ferraioli, who breaks down the odds of a Fed hike, why he believes the CLARITY Act is not yet priced into Bitcoin, and his finding that some 60% of Bitcoin's daily price move can't be tied to macro factors. Galaxy Head of Firmwide Research Alex Thorn unpacks the newly launched $15 million Bitcoin Security Consortium — backed by nine firms including BlackRock, Coinbase, Fidelity, Galaxy, and Strategy — and Galaxy's own $5 million Bitcoin Quantum Readiness Initiative, while making the case that CLARITY is in its "11th hour" ahead of the August recess. Finally, FalconX Head of Derivatives Griffin Sears kicks off CoinDesk's Perps Week, explaining how perpetual futures jumped from crypto into oil, single-name equities, and pre-IPO SpaceX exposure. Plus, a look at ETF flows and a Crypto Fear & Greed reading stuck at 30.

Can a $266 Million Defense Deal Help Rocket Lab Escape SpaceX’s Shadow?
Barrons.com17d agoneutral
Can a $266 Million Defense Deal Help Rocket Lab Escape SpaceX’s Shadow?

Rocket Lab stock jumped Monday after the company announced a new business win. Shares of the so-called mini- SpaceX which has launch and satellite services like Elon Musk’s larger rocket company, were up 2% at $65.18 in early afternoon trading, while the and were down 0.3% and up 0.2%, respectively. The move came after Rocket Lab announced it was awarded a $266 million launch services contract with the U.S. Space Force for missile defense.

SpaceX shares hit record low as lock-up concerns weigh
Proactive17d agoneutral
SpaceX shares hit record low as lock-up concerns weigh

SpaceX Corp (NASDAQ:SPCX) shares fell to an all-time low on Monday, dropping to $108.66 in early trading before recovering some ground to trade around $111 by late morning, as investors weighed concerns over an upcoming share lock-up expiration, valuation, capital spending and financing...

Amazon's Leo Starlink Challenger Plans For More Satellites, Mobile Connectivity
Investor's Business Daily17d agoneutral
Amazon's Leo Starlink Challenger Plans For More Satellites, Mobile Connectivity

Amazon is eyeing a major expansion of its satellite array to compete in the direct-to-phone market against the SpaceX-owned Starlink and others. Amazon stock ticked higher Monday. The Seattle-based tech giant has filed an application with the Federal Communications Commission to launch 5,105 low Earth orbit satellites designed to deliver "direct-to-device" connectivity in 2028, according to a company blog post.

Investing.com17d agoneutral
Amazon Leo seeks FCC approval to provide mobile services from space

Investing.com -- Amazon.com Inc. has asked the US Federal Communications Commission for permission to launch a network of 5,000 satellites designed to provide mobile services directly to cell phones from space. The move intensifies competition with SpaceX in the satellite communications sector.

AI Giants Face New Price Competition
Kiplinger17d agoneutral
AI Giants Face New Price Competition

As business spending on artificial intelligence soars, cheaper options are hitting the market. The much-welcomed trend has a catch, though.

JPMorgan and Goldman Posted Record Quarters — Their Own CEOs Aren’t Sure It Lasts
Insider Monkey17d agoneutral
JPMorgan and Goldman Posted Record Quarters — Their Own CEOs Aren’t Sure It Lasts

July 14 was one of the most concentrated single-day events of Wall Street’s Q2 2026 earnings season, with all five of America’s largest banks reporting results on the same morning, alongside the June CPI report and Federal Reserve Chair Kevin Warsh’s inaugural Congressional testimony. Combined, those five firms have more than $13 trillion in assets, […]

Investing.com17d agoneutral
SpaceX bears should ’consider cryogenic hibernation’ on ship catch: Morgan Stanley

Investing.com -- Morgan Stanley said SpaceX's Starship Flight 13 marked a significant step forward in the rocket's development, arguing the latest test should increase investor confidence despite an imperfect booster landing. The brokerage assigned the mission an overall grade of "A-", citing successful execution of key milestones including the first deployment of production-version Starlink V3 satellites, a successful in-space Raptor engine relight, and the spacecraft's softest splashdown to da

Nvidia, Other Tech Giants Launch AI Defense Alliance Following OpenAI Hacking Incident
The Wall Street Journal17d agoneutral
Nvidia, Other Tech Giants Launch AI Defense Alliance Following OpenAI Hacking Incident

Nvidia has joined a coalition of tech companies to build an artificial-intelligence defense program following the recent OpenAI hacking incident of Hugging Face. The initiative, dubbed the Open Secure AI Alliance, is developing open-source programs to give companies access to tools to help fend off AI cyberattacks. “The recent Hugging Face security incident delivered a clear reminder,” the group said Monday.