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Home / Markets & Trading
Stocks, bonds, crypto and the moves that drive them.
Markets & Trading SpaceX share price drops below IPO debut WireByte SpaceX's share price has fallen below its initial listing of $135, dropping 41% from its post-float peak. The decline comes as tech stocks face a broader downturn, with SpaceX's stock price now down from over $200. The company's AI-focused business, SpaceXAI, may be a factor in investor skepticism.
Markets & Trading Valve Resolves Steam Deck Battery Stock Issue with iFixit WireByte Valve has resolved a stock issue with replacement batteries for the original Steam Deck LCD, after initially discontinuing them. iFixit will restock the batteries by next week, sourced from the same OEM partners as before. The resolution comes after a brief scare, with iFixit's CEO praising Valve as a 'great partner'. The move maintains the Steam Deck's repairability, a key benefit for gamers.
Gabriel Perez, a teleprompter operator for President Donald Trump, allegedly made over $100,000 betting on the president's speeches on the prediction market platform Kalshi. Federal investigators believe Perez used inside information to place informed bets, which were flagged by Kalshi and referred to regulators. Perez has been placed on unpaid administrative leave.
Markets & Trading Florida Man Arrested for Stealing $220,000 in Crypto via Malware-Infected Steam Games WireByte Zyaire Wilkins, a 21-year-old Florida resident, has been arrested by the FBI for allegedly using malware-infected Steam games to steal at least $220,000 in crypto from around 8,000 victims. The games were marketed on social media and messaging platforms, and the malware was designed to infect computers, steal passwords, and drain crypto wallets.
Markets & Trading AI Spending Gap Widens as Stock Market Rewards Broad Gains WireByte The S&P 500 reached an all-time high on August 4, 2026, despite AI-focused companies like SpaceX, Alphabet, and AMD experiencing significant stock drops. This divergence highlights a market trend where AI spending is rewarded, but companies investing heavily in AI without immediate returns face losses. Chip suppliers like Nvidia and Marvell Technology, however, saw gains.
Markets & Trading Tesla Robotaxi Mileage Falls Despite Expansion WireByte Tesla reported a decline in quarterly robotaxi mileage despite expanding its autonomous vehicle operations to six cities across Texas and Florida. During an earnings call, CEO Elon Musk and executives tempered expectations while highlighting ongoing growth. Concurrently, Tesla posted weakening profits that missed Wall Street projections, prompting a steep drop in its stock price.