Author: Daniel snow

A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. TTim Goessman | Bloomberg | Getty ImagesTesla’s driverless robotaxi finally hit the road this weekend, sending shares of the electric vehicle maker up about 5% on Monday.The EV giant debuted autonomous rides in Austin, Texas, on Sunday, opening the service to a limited number of riders by invitation only. CEO Elon Musk said in a post on social media platform X that customers were charged a flat fee of $4.20.”Super congratulations to the @Tesla_AI software & chip design teams on a successful @Robotaxi launch!!…

Read More

U.S. President Donald Trump talks to reporters upon his arrival at Morristown Municipal Airport in Morristown, New Jersey, U.S., June 20, 2025. Ken Cedeno | ReutersPresident Donald Trump on Monday demanded that “everyone” needs to “keep oil prices down” or they would play “into the hands of the enemy.” “EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING! YOU’RE PLAYING RIGHT INTO THE HANDS OF THE ENEMY. DON’T DO IT!,” the president said in a post on his social media platform Truth Social. Trump’s message comes after his decision to bomb Iran’s key nuclear sites over the weekend has put the world…

Read More

U.S. President Donald Trump speaks to the media upon arrival at Joint Base Andrews following a visit to North Carolina, in Maryland, U.S., June 10, 2025. Evelyn Hockstein | ReutersTrump Media & Technology Group, the parent company of Truth Social, Truth+, and the fintech platform Truth.Fi, said Monday its board has approved a stock buyback of up to $400 million.Trump Media stock rose about 3% on the news premarket.The Florida-based company, which trades under the ticker DJT on both Nasdaq and NYSE Texas, said the buyback could include both common stock and warrants, executed through open market transactions. All repurchased…

Read More

The company logo for Vultr is displayed during the Tech Show at ExCel London on March 12, 2025 in London, England. Industry leaders, pioneers, and innovators gather to explore transformative solutions, gain critical insights including the latest advancements across Cloud & AI Infrastructure and connect with over 400 world-class speakers.John Keeble | Getty ImagesVultr, a provider of cloud infrastructure, said on Monday that it has raised $329 million in new debt from some of the largest Wall Street banks as it aims to expand its ability to host and run artificial intelligence models.Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase,…

Read More

View looking north showing the Strait of Hormuz, connecting the Gulf of Oman with the Persian Gulf, with the Zagros Mountains and Qeshm Island of Iran in the background, and areas of Oman, Muscat and the United Arab Emirates in the foreground, as seen from the Space Shuttle Columbia during shuttle mission STS-52, 22nd October to 1st November 1992.Space Frontiers | Archive Photos | Getty ImagesMore tankers are reversing course away from the Strait of Hormuz as concerns rise on the possible closure of the vital chokepoint of trade.Yui Torikata, senior liquid market analyst at industry data firm Kpler, said the…

Read More

The race to create publicly traded bitcoin treasuries is accelerating — and so is the capital pouring in.ProCap Financial, the latest entrant, has raised more than $750 million and is going public through a special purpose acquisition company, or SPAC, with Columbus Circle Capital Corp. I, according to an announcement Monday.Led by investor and podcast host Anthony Pompliano, ProCap raised more than $750 million in its funding round, including $235 million in convertible debt, with equity making up the rest. The new firm aims to hold up to $1 billion in bitcoin on its balance sheet and generate revenue through…

Read More