Munger Protégé Li Lu Calls Crypto “Fundamentally Bogus” and Predicts Its Demise
Li Lu, Himalaya Capital’s founder, says crypto is fundamentally bogus and will eventually disappear, in a New York talk.
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Li Lu, Himalaya Capital’s founder, says crypto is fundamentally bogus and will eventually disappear, in a New York talk.
Citadel CEO Ken Griffin compares AI chips to airline seats and says a GPU glut could send pricing into freefall.
Citi's Tyler Radke says AI is creating software winners and losers, as Salesforce agrees to buy Braze for $47.50 a share.
KOSPI and Nikkei rebound as oil prices ease, but Brent fell just 0.69% and stays above $100. Can the chip rally last?
Elon Musk said SpaceX could reach a $500 billion to $1 trillion annual recurring revenue (ARR) run rate by 2027. He made the remarks during the company’s third-quarter webcast. He also called a possible Tesla merger a good idea. Here…
Jim Cramer prefers gold bullion to Bitcoin for portfolio insurance, yet calls Bitcoin and Ethereum the more vetted crypto.
Solana price flashes a head-and-shoulders risk as ETF investors exit, while on-chain adoption keeps growing.
Crypto exchange Gate wants a Bitcoin holder’s next stock purchase to happen without their money leaving its platform. The ambition is to keep more of an investor’s financial life inside one exchange. Speaking with BeInCrypto at TOKEN2049, Jason Fung, Gate’s…
Martin Masser opens his banking app even when he has nothing to pay. Sometimes, he just wants to check his balance. “I check my banking app all the time,” ChangeNOW’s director of strategic partnerships said during an interview at TOKEN2049…
SpaceX’s latest earnings have given Wall Street a reason to revisit AI hardware stocks. Elon Musk’s company is preparing to spend billions more on computing infrastructure, and three US-listed stocks could benefit. On Tuesday, SpaceX reported third-quarter revenue of $14.58…
SpaceX reported third-quarter 2026 results after the market closed on October 20, with revenue up 161% YoY. The growth was led by its Super Intelligence segment. Heavy capital spending remains the central question for investors. Here is what the numbers…
Bitcoin could outperform both US stocks and gold over the next decade, according to a striking new projection from JPMorgan Asset Management. The Wall Street giant estimates that Bitcoin (BTC) could deliver annual returns of 10% in its base-case scenario,…