Elon Musk Warns of Neocloud Shakeout as SpaceX Closes $40 Billion Debt Deal
Musk warns most neoclouds will see “guppy-level death” as lenders grow selective.
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Instacart in Preliminary Talks for Potential Sale, DoorDash and Uber Involved
Instacart is exploring a sale that could value the company at $16–17 billion, with preliminary talks involving DoorDash and Uber.
Scotiabank Sees Bargain in AST SpaceMobile After 70% Drop, Upgrades Stock
Analysts upgrade AST SpaceMobile to Outperform after a sharp drop. Scotiabank cites SpaceX competition but sees value in AST’s wholesale 5G model.
SK Hynix Scratches Solidigm U.S. IPO Amid Regulatory Scrutiny; Shares Rebound
SK Hynix stopped reviewing a potential U.S. listing for Solidigm after regulatory concerns, lifting its shares as investors welcomed the decision.