Wendy’s turns lower as meme rally fails to extend to a second day
The stock’s volatile run appeared largely disconnected from company fundamentals and instead reflected a burst of social media enthusiasm. Source: www.cnbc.com Read Full Story
Altcoins
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Leaked Code Suggests Anthropic Is Preparing to Bring Fable 5 Back
A leaker found new strings inside Claude Code that hint at weekly Fable 5 usage built into subscription plans, not sold separately as before. Source: decrypt.co Read Full Story
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Solana is subsidizing high-volume traders before on-chain markets prove the activity can stick
Solana Foundation is trying to turn pro-trader subsidies into chain-level market structure. With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity across Solana venues, offers VIP rebates, and covers priority infrastructure for qualified users. The package moves Solana’s pitch closer to the way large trading venues compete for serious flow:…
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Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets
The Meta CEO is seen as next to join the Tesla and SpaceX CEO. Nvidia CEO Jensen Huang is seen as the second-most-likely. Source: www.cnbc.com Read Full Story
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Inception Labs’ Mercury 2 AI Beats Google’s DiffusionGemma at Its Own Game
Both models trade word-by-word generation for parallel denoising. Only one of them does it without losing intelligence in the trade. Source: decrypt.co Read Full Story
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Why a resilient jobs market keeps turning into a Bitcoin sell signal
Good news for the American worker came at the worst possible moment for Bitcoin. Initial jobless claims fell by 4,000 to 226,000 for the week ending June 13. Layoffs are in the historically low range they’ve held for most of the post-pandemic era, and the unemployment rate has remained at 4.3% for a third straight…
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The riskiest SpaceX stock trade of all had a big first week
SpaceX’s IPO did not just mint the biggest debut in market history and a trillionaire, but it also triggered a historic land grab in risky leveraged ETFs. Source: www.cnbc.com Read Full Story
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Europe’s Crypto Firms Face Squeeze as MiCA Transition Period End Looms
As the MiCA grace period closes, only a fraction of registered firms hold full licenses, setting up the prospect of a wave of consolidation. Source: decrypt.co Read Full Story
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Elon Musk’s wealth has now surpassed Bitcoin market cap amid SpaceX’s continued rally
Elon Musk’s personal fortune has surpassed the market value of Bitcoin, a milestone that shows how quickly SpaceX’s public-market debut has reshaped both wealth rankings and the broader conversation around speculative risk. According to Bloomberg’s Billionaire Index, Musk’s net worth rose to about $1.32 trillion as SpaceX shares traded above $200, extending a rally that…
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Fed Chair Warsh expected to withhold ‘dot’ from central bank’s interest rate outlook
The central bank’s Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head. Source: www.cnbc.com Read Full Story
