A look at the biggest AI players barreling toward huge Wall Street debuts

The company’s latest portfolio snapshot shows total invested capital at about $63.87 billion against a current valuation of $53.4 billion.

Escalating Middle East tensions could fuel inflation fears, complicating Fed rate decisions and prompting defensive shifts in investment strategies. The post Wall Street ends lower as Middle East tensions escalate, dragging Bitcoin to $73K appeared first on Crypto Briefing.

Projections by Wall Street bank underpin the $1.78tn valuation group is pitching in IPO

Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough.  I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all kinds of rules that keep our markets fair are being bent, if not outright broken, along the way. I also wanted to talk to Ryan because buried somewhere inside SpaceX is X, the social platform formerly known as Twitter, which Musk purchased in 2022. That’s what Ryan cowrote that book about.  I was very confident that Musk would come to regret buying Twitter back then. I wrote a piece called “Welcome To hell, Elon,” which is probably the single most-read thing I’ve ever written. My thesis was that th

Israel’s latest voluntary disclosure program is drawing little participation from crypto holders, with new data showing that only a small share of undeclared digital‑asset wealth is being reported. Broad Underperformance Across All Assets Israel’s push to surface undeclared cryptocurrency holdings is falling far short of expectations, with new data showing that taxpayers are largely avoiding […]

Rising geopolitical tensions and oil prices could hinder economic growth, complicate monetary policy, and challenge crypto market stability. The post Wall Street pulls back from record highs as Middle East tensions rise and crude prices climb appeared first on Crypto Briefing.

Strategy has about $900 million sitting in its USD reserve account, even as its stock takes a beating on Wall Street following the company’s first Bitcoin sale in years. Stock Slides As Investors Grow Uneasy MSTR shares dropped more than 9% on Tuesday, June 2, and are now down nearly 25% over the past month. […]

The massive selloff highlights the precarious expectations in the AI semiconductor sector, signaling potential volatility for tech investors. The post Broadcom loses over $250B in market value after revenue forecast disappoints Wall Street appeared first on Crypto Briefing.