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Speculation About A SpaceX–Tesla Merger Is Already Growing
Speculation About A SpaceX–Tesla Merger Is Already Growing
SpaceX’s record-breaking IPO has fueled speculation that Elon Musk could take an even bigger step: merging SpaceX with Tesla to create a roughly $4 trillion technology conglomerate spanning rockets, AI, satellites, electric vehicles, robotics, energy, and social media, according to a new report from the New York Times.
The idea has gained traction among investors, analysts, and even SpaceX executives. Tesla and SpaceX already share personnel, collaborate on major projects, and have business ties through AI development, data centers, batteries, and vehicle sales.
Because...
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Jul 16, 2026 / Tyler Durden
Netflix & Spill: Streamer Smashed To 2 Year Low After Forecast Misses Across The Board
Netflix & Spill: Streamer Smashed To 2 Year Low After Forecast Misses Across The Board
It has been a brutal year for NFLX longs, who have seen their favorite stock slide in a straight line since last summer, erasing almost 50% from the July 2025 all time high of $134. And unfortunately for them, it appears this brutality isn't going to end any time soon after the company mangled its Q2 earnings moments ago, reporting mediocre earnings, but more importantly, projecting numbers that missed consensus estimates for both Q3 and...
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Aug 5, 2026 / Tyler Durden
End Of Cheap Food? Five Forces Set To Drive Grocery Bills Even Higher
End Of Cheap Food? Five Forces Set To Drive Grocery Bills Even Higher
UBS analysts identified five long-term forces likely to keep global food inflation "structurally higher" above its pre-pandemic average of about 2.5%, crushing consumer hopes that price pressures will simply fade.
"While food inflation globally has fallen from the COVID peak, a new debate is emerging: is the c2.5% LT average obsolete?" London-based managing director and equity-research analyst Sreedhar Mahamkali asked in a note penned on Monday.
Mahamkali and his team outlined five long-term drivers of global food inflation:
1....
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May 5, 2026 / Tyler Durden
Coinbase CEO Cuts Workforce By 14% As AI Agents Take Over, Accelerate White-Collar Job Apocalypse
Coinbase CEO Cuts Workforce By 14% As AI Agents Take Over, Accelerate White-Collar Job Apocalypse
Coinbase employees woke up Tuesday morning to an email from the CEO announcing a workforce reduction of up to 14% as part of a broader push to make the crypto firm "leaner, faster, and AI-native."
CEO Brian Armstrong also released the letter on X, starting off the letter by saying:
Today I"ve made the difficult decision to reduce the size of Coinbase by ~14%. I want to walk you through why we're doing this now, what it...
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