Super Micro shares fall on planned $2 billion convertible debt offering
Super Micro said on Monday that it’s offering $2 billion in convertible notes due 2030.
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CNBC
Fiserv debuts bank-friendly stablecoin as fintechs join digital dollar race
The launch coincides with growing momentum in Congress, as the Senate’s passage of the Genius Act signals rising institutional support for stablecoins.
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Amazon launches second batch of Kuiper internet satellites, taking on Elon Musk’s Starlink
Amazon has sent more Kuiper craft into space as it looks to deploy a satellite constellation that rivals Starlink, a service operated by Elon Musk’s SpaceX.
Tesla stock rises as Musk touts ‘successful’ robotaxi Austin launch
The launch puts Tesla head-to-head with Alphabet-backed Waymo, which is already operating a fleet of robotaxis in several cities.
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Pompliano’s ProCap raises over $750 million, goes public via SPAC as bitcoin treasury bubble grows
Led by investor and podcast host Anthony Pompliano, ProCap raised more than $750 million in its funding round, including $235 million in convertible debt.
Tech investor Prosus bets on India to produce a $100 billion company
India will produce a $100 billion tech company in the coming years, the CEO of Prosus told CNBC.
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Bitcoin sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off
Bitcoin fell to its lowest level in over a month after U.S. airstrikes on Iran, fueled by inflation fears, institutional pullback, and forced liquidations.
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Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing
Returns are causing big trouble for Amazon sellers, leading them to hike prices and reduce business on Amazon. But some changes may be slowing return rates.
Perplexity AI walked away from potential Meta deal before Zuckerberg’s Scale AI stake
Meta recently invested $14.3 billion into Scale AI and tried to buy another startup called Safe Superintelligence, as CNBC previously reported.
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