Luxshare raises $3.1B in Hong Kong’s biggest listing of 2026, signaling renewed appetite for Chinese tech supply chain plays

The post SpaceX Stock Falls 35% From Peak Even After Nasdaq-100 Inclusion appeared on BitcoinEthereumNews.com. SpaceX (SPCX) shares have fallen as much as 35% from their post-IPO peak of $225.64. The drop came just days after the company joined the Nasdaq-100, as heavy selling offset forced index buying. The stock closed at $148 on July 8, below its $150 debut price for a second straight session. That erased nearly all the gains SpaceX made since its record June 12 listing. A Sell-The-News Pattern for SPCX SpaceX’s Nasdaq-100 inclusion required index-tracking funds to buy shares, even though the company keeps a small public float. That mechanical demand did not stop investors from selling into the news. For a second day running, SPCX has traded under its opening IPO price. Image Source: Trading View This is a familiar pattern, as Palantir saw the same thing happen after it joined the Nasdaq-100 in late 2024. Its shares dropped about 25% over the following weeks. A Trillion-Dollar Valua

OpenAI's IPO ambitions and Altman's regulatory engagement could reshape AI market dynamics, impacting both equity and crypto investors. The post Sam Altman’s CNBC interview arrives as OpenAI eyes public markets and WLD traders watch closely appeared first on Crypto Briefing.

The post Bank of America opens $520 million credit line to OpenAI before IPO appeared on BitcoinEthereumNews.com. The Bank of America has offered a $520 million credit line to OpenAI, with the ChatGPT maker preparing to go public in an IPO. This move pulls one of Wall Street’s largest institutions deeper into the business of financing AI. This hands the Bank of America a foothold in what could become one of the biggest listings ever, and also signals that a historically cautious bank now sees AI startups as worth the financial risk. Bank of America makes a U-turn Bank of America, run by CEO Brian Moynihan, had kept its distance from AI startups because a lot of them kept losing money. However, increased competition in the AI financing sector has changed this. OpenAI had already pulled in more than $5 billion from other financiers, and the bank has calculated that sitting out meant potentially losing access to an IPO that could feed its Merrill Lynch wealth-management arm. The bank is a

OpenAI's IPO and BofA's involvement could reshape AI investment dynamics, impacting both centralized and decentralized AI market strategies. The post BofA extends $520M loan to OpenAI ahead of IPO appeared first on Crypto Briefing.

Increased IPO activity may accelerate AI infrastructure growth, influencing tech sector dynamics and investment strategies significantly. The post US IPO activity set to rise, fueling AI infrastructure investments: FOMC appeared first on Crypto Briefing.

The post AI-Powered Digital Commerce Advances with Animoca and Visa Pilot appeared on BitcoinEthereumNews.com. Something quietly significant happened in Hong Kong on July 8, 2026. Animoca Brands and Visa launched a live pilot of AI-powered digital commerce capabilities on the Minds platform — and for the first time, AI agents aren’t just browsing and suggesting. They’re actually buying. Key takeaways Animoca Brands and Visa launched a live pilot on July 8, 2026, enabling Minds AI agents to complete purchases and find rewards on behalf of users. The pilot started with the Bruce Lee Club Ltd eShop in Hong Kong, using Visa Intelligent Commerce infrastructure for tokenized, fraud-protected transactions. Users retain full control over their AI agents’ permissions and spending conditions at all times. A cardholder rewards and benefits directory lets agents surface personalized Visa offers based on a user’s eligible cards and purchase intent. Animoca Brands demonstrated the technology at the

The surge in tokenized equity trading highlights evolving financial infrastructure but raises regulatory scrutiny concerns that could reshape the market. The post Tokenized equities hit record $3.86B in June as SpaceX IPO rewrites the playbook appeared first on Crypto Briefing.

Animoca Brands completed a live pilot with Visa that lets Minds AI agents find card rewards and complete purchases at selected Hong Kong merchants. The post Animoca Brands brings Visa powered shopping to AI agents appeared first on Crypto Briefing.