2d ago
NHTSA expands probe into GM L87 6.2-liter V8, lifting potentially affected U.S. vehicles to 997,743
The National Highway Traffic Safety Administration has expanded its recall-related investigation into General Motors’ L87 6.2 liter V8 engine to cover two additional model years, spanning eight vehicle lines. The pool of potentially affected vehicles in the United States grew from 597,630 to 997,743. GM has funded two different repair paths, but NHTSA says it continues to receive complaints from owners after dealership visits.
2d ago
2d ago
Tesla’s robotaxi and Semi push puts its 292.5x valuation to the test
Tesla delivered 480,126 vehicles in Q2 2026 and deployed 13.5 GWh of energy storage, lifting revenue to $28.24 billion. Free cash flow was negative $1.1 billion as capital spending rose to about $5.8 billion. The company began Cybercab production in Texas and received approval to operate up to 5,000 autonomous vehicles in the Las Vegas area. In China, Tesla is recalling 2.98 million vehicles over emergency door-release concerns, while analysts’ average price target of $385.04 implies 6.1% upside potential.
2d ago
2d ago
XRP jumps 40% in five days, climbing from below $1.00 to near $1.40
XRP rallied 40% in five days, rising from below $1.00 to near $1.40 for its biggest weekly gain since the 2024 election-fueled move. The token rebounded from $0.98, the same level it traded at before the 2024 rally that lifted it to an all-time high near $3.65. After spending most of August around $1 and not trading near $1.40 since May, on-chain data show whales accumulated more than 300 MILLION XRP in the 96 hours before the move began.
XRP
XRP+2.21%
2d ago
2d ago
Whale Rock cuts Nvidia stake about 64% in Q2 13F filing
Whale Rock reduced its Nvidia holding in the second quarter, cutting the position from about 1.04 million shares to 377,204 shares, a decline of roughly 64%, according to its latest 13F filing. Over the same period, the hedge fund raised its Advanced Micro Devices stake from 69,211 shares to roughly 1.51 million shares. Nvidia’s market capitalization is about $5.24 trillion and the stock trades near $215, about 10% below its 52-week high.
2d ago
2d ago
Bitcoin jumps nearly 25% in a week as Hyperliquid draws traders’ attention with surging volumes
Bitcoin rose nearly 25% over the past week, and when it traded around $64,000 on Tuesday, a single day saw $1.3 billion in short liquidations. Another $1 billion in shorts were liquidated over the following 48 hours, bringing the week’s total to $4.5 billion. Meanwhile, Hyperliquid posted more than $633 billion in combined spot and perpetuals volume in the first quarter, more than six times its total in the second quarter of 2024.
2d ago
2d ago
Strategy swings from a $13 billion Bitcoin loss to a $1.4 billion gain as BTC rebounds above $77,000
Shares of Strategy, formerly MicroStrategy, jumped this week alongside Bitcoin’s rally, turning its Bitcoin holdings from an estimated $13 billion loss into a $1.4 billion gain. Bitcoin rebounded more than 20%, climbing from a multimonth low near $63,000 to above $77,000. The company holds about $65 billion worth of Bitcoin, roughly 4% of the circulating supply, with an average cost basis of $75,385. Strategy’s core enterprise software business generated $477 million in revenue last year.
2d ago