Blackstone's Gray Backs CoreWeave Despite Heavy Debt Load
Blackstone COO Jon Gray expressed confidence in CoreWeave's business fundamentals even as the AI firm faces scrutiny over its debt financing.
Blackstone COO Jon Gray expressed confidence in CoreWeave's business fundamentals even as the AI firm faces scrutiny over its debt financing.
SpaceX momentum lifts the Nasdaq while Capital One posts a stronger-than-expected quarter, setting a constructive tone for Wednesday's session.
On-chain data shows investors who bought BTC in late 2024 are capping upside near $87,700, making that level a critical near-term battleground.
The SSA is working to boost sluggish enrollment in Trump accounts, child savings vehicles created under the new administration.
Tether is backing Bolivian startup Peso to bring USDT stablecoin payments to food delivery and banking across four Latin American markets.
Ankara has submitted a trilateral Saudi-Pakistan defense agreement to parliament for ratification, signaling a deepening of strategic ties across the Muslim world.
Allegations against Coinbase reveal structural weaknesses in how crypto companies are held accountable. Bitcoin's decentralized ethos offers no easy fix.
Elon Musk confirms both companies have set up committees to examine a potential merger, a move that could reshape two of his largest enterprises.
Quarterly financials take a back seat as Tesla bulls and bears focus on robotaxis, humanoid robots, and the capital costs behind them.
Bob McGrew, a former OpenAI executive, has quietly built Arda into a $1.5 billion startup focused on using AI to revive U.S. manufacturing.
Major crypto exchanges joined a regional crackdown on West African fraud networks, helping authorities flag $11 million in illicit funds.
The European Union formally condemned settler violence, including assaults targeting diplomats, according to an EU spokesperson.
Iran's parliament has approved Mehrdad Akhlaqi to lead the defense ministry, signaling a leadership shift in a strategically critical post.
Fintech startups are launching unusual products—from fake shopping carts to 'happiness insurance'—reflecting how deeply financial stress has reshaped consumer behavior.
A sell-off in CoreWeave is dragging neocloud stocks lower, with ripple effects diverging OpenAI and Anthropic's private market valuations.
One concise briefing, weekly. No spam.
By subscribing you agree to receive periodic communications. Unsubscribe anytime via the link in each message or our Unsubscribe page.