1h ago
Tesla to demo revamped Roadster with base price seen at $200,000 as Q2 revenue hits $28.2 billion
Tesla is preparing to showcase a revamped Roadster, with the market expecting a $200,000 starting price for the base model and nearly $250,000 for the Founders Series. The company posted second-quarter total revenue of $28.2 billion, up 26% year over year and more than $2.5 billion above estimates. Earnings per share fell 18% to $0.33, missing the $0.53 consensus forecast, while gross margin edged down to 16.8%.
1h ago
1h ago
HDFC Bank securities class action sets lead plaintiff deadline for Oct. 13, 2026
HDFC Bank faces a class action that alleges it offered the Maharashtra State Road Development Corporation around Rs 45 crore in deposits at an interest rate 2.51 percentage points above market to attract large inflows. After the allegations were reported on May 27, 2026, the bank’s shares fell $1.02, or 4.1%, to close at $23.78 on heavy volume, according to The Indian Express. The deadline to seek appointment as lead plaintiff has been set for October 13, 2026.
1h ago
1h ago
JPMorgan raises Riot Platforms target to $22 after $9 billion Anthropic compute deal
JPMorgan and Morgan Stanley both raised their price targets on Bitcoin miner Riot Platforms while maintaining Overweight ratings. JPMorgan lifted its target to $22 from $20, and Morgan Stanley increased its target to $43 from $36. The moves follow Riot’s Aug. 11 announcement of a 20-year, $9 billion compute agreement with AI company Anthropic that is expected to generate $9.1 billion in revenue, rising to roughly $16.1 billion if renewed twice. The deal underscores a broader shift by Bitcoin miners toward AI infrastructure that has drawn support from Wall Street analysts.
BTC
BTC+2.09%
1h ago
1h ago
ONDO rises to $0.336 as Ondo Finance tokenized stocks TVL tops $1 billion
Ondo Finance’s tokenized stocks total value locked has surpassed $1 billion ahead of the platform’s one-year anniversary. Cumulative trading volume has exceeded $27 billion, while deployed capital stands at $3.6 billion, nearly three times the level a year ago. At the time of writing, ONDO was trading at $0.336, up nearly 5% over the past two days after falling 24% since 30 July. A Citi report dated June 01, 2026 forecasts tokenized assets will exceed $5.5 trillion in value over the next four years.
ONDO
ONDO+0.99%
1h ago
1h ago
Solana’s Agave 4.2 hits Aug. 17 target date as mainnet feature gates remain pending
Solana’s planned Aug. 17 start date for Agave 4.2 mainnet feature activations arrived without a confirmed delivery update. Anza recommended Agave 4.2 for general mainnet adoption on Aug. 11, but mainnet feature gates were still awaiting activation. The upgrade is intended to deliver sub-second finality, 4,096-byte transactions and 200-millisecond slots, though the rollout timing remains unclear.
SOL
SOL+1.17%
1h ago
1h ago
Pro Farmer Crop Tour starts this week as markets watch corn and soybean yield checks across seven states
The annual Pro Farmer Crop Tour begins this week, drawing market attention to on-the-ground yield assessments for corn and soybeans. Recent USDA data showed the U.S. corn crop at 61% good-to-excellent, well below 72% a year earlier, while soybeans were rated 62%, also under last year’s level. The tour will cover seven states including Ohio, Illinois and Iowa that together account for roughly 70% of U.S. corn output, with conditions varying widely by state. Iowa’s corn is rated 78% good-to-excellent, compared with 45% in South Dakota.
1h ago
2h ago
ASX set to open lower as Brent crude climbs above $US90 amid rising Middle East tensions
Global markets came under pressure after President Donald Trump threatened to bomb Oman if it interferes with his negotiations with Iran on the Strait of Hormuz. Brent crude rose above $US90 a barrel as tensions in the Middle East escalated. ASX 200 futures fell 0.5%, while the S&P 500 was down 0.4%. Safe-haven demand lifted gold 0.7%, while the Australian dollar edged up against the US dollar.
2h ago
2h ago
Strategy shares fall 75% since STRC started trading in July 2025
Bitcoin treasury company Strategy raised $333.7 million last week by issuing MSTR shares but did not buy any bitcoin. About 40% of the proceeds went to repurchasing STRC preferred shares, 16% to STRC dividends, and the remainder was retained as cash. It marked the fourth straight week without a BTC purchase, and the company has reduced its holdings by 6,916 BTC since June 21, 2026. Since its last reported BTC buy, MSTR is down 16%, while STRC has traded below $95.
BTC
BTC+2.09%
2h ago