52m ago
Paul Pelosi discloses up to $12 million Bloom Energy purchase with 2027 $100 call options
Paul Pelosi, husband of former House Speaker Nancy Pelosi, bought Bloom Energy shares and long-dated call options in late July, with a combined disclosed value of up to approximately $12 million. The disclosure shows purchases on July 24 and July 28, including call option contracts with a $100 strike price expiring in mid2027. Bloom Energy shares were last priced at $192, up 290% over the past year.
52m ago
1h ago
S&P 500 slips 0.43% as chipmakers and AI infrastructure stocks weigh on equities
U.S. stocks were mixed, with the S&P 500 down 0.43%, the Nasdaq 100 off 1.41%, and the Dow up 0.19%. Weakness in chipmakers and AI infrastructure shares pressured the broader market. Sentiment also weakened after U.S.-Canada trade talks broke down and the U.S. imposed a 50% tariff on about $20 billion of Canadian goods. Crude oil fell more than 2%, helping pull inflation expectations and bond yields lower, with the 10-year Treasury yield easing to 4.71%.
1h ago
2h ago
Intel shares are up about 140% in 2026 as Arc Pro B70 GPU prices climb as much as 48% in a month
Intel shares have risen about 140% in 2026. Wedbush analyst Matt Bryson said the price of Intel’s Arc Pro B70 workstation GPU has increased by as much as 48% across markets in roughly one month. Intel reported second-quarter revenue of $16.13 billion, up 25.4% year over year, with EPS of $0.42. Data Center and AI revenue jumped 59% to $6.26 billion, while Intel Foundry revenue rose 31% to $5.77 billion.
2h ago
3h ago
India allows 1 million metric tons of duty-free raw sugar imports after prices jump over 15% in a month
India’s domestic sugar prices have jumped more than 15% in a month, with retail prices topping Rs 60 per kg and rising over 20% year on year. Flooding in some states and inadequate rainfall in others have reduced sugarcane harvests, tightening supply and pushing prices higher. In response, the government has approved duty-free imports of 1 million metric tons of raw sugar for the first time in nearly 10 years to help cool domestic prices.
3h ago
3h ago
Strategy sets up a $1.59B cash account after raising about $2B from MSTR share sales
Strategy raised about $2 billion last week by selling 18.26 million MSTR shares and repurchased about 1.43 million STRC preferred shares for $136.4 million. The company added $300 million to its US dollar reserve and placed the remaining proceeds into a newly launched US dollar cash account holding $1.59 billion. As of Sunday, the reserve stood at $5.1 billion, bringing total cash across the two pools to $6.69 billion. Strategy made no Bitcoin purchases or sales during the week, keeping its holdings at 840,447 BTC.
3h ago
4h ago
Kiichain exploit on Aug. 22 drains about 148 million KII after 18 attacks; network halted
On Aug. 22, Kiichain was exploited through vulnerabilities in the Cosmos EVM module, with losses of about 148 million KII. The team halted the chain after detecting the attack to prevent further losses, and about 80.70 million KII remains frozen in the attacker’s on-chain address and is recoverable after a restart. Most of the remaining funds were bridged to BNB Chain and sold, while another 3 million KII was sent to KuCoin and a freeze request has been filed. The issue stems from three flaws in a shared Cosmos EVM module that also affected Mantra and TAC the same week, and Kiichain is preparing fixes, an upgrade and restart, plus asset migration and bridge limits.
BNB
BNB+1.65%
4h ago