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The Marked Chart Wire · Crypto
Tesla
Tesla reported quarterly earnings of $787 million, down from $1.37 billion, as the company increased spending on its Optimus robot and Cybercab projects. The automaker aims to deliver its driverless vehicles to customers by the end of the year.
Tesla Merger
A recent SpaceX filing states that Elon Musk, the controlling shareholder, must approve any potential combination with Tesla.
Bitcoin
Bitcoin fell below $82,000 after Tesla disclosed third-quarter capital expenditures that missed expectations. The cryptocurrency had previously approached $85,000 before reversing course.
Bitcoin Miners
Shares of Riot, MARA, IREN, and Core Scientific have fallen this month due to growing concerns over credit risks associated with neocloud operations.
Polkadot
Polkadot traded near $1.03 at 12:28 PM New York time, down 8.7% from $1.13 a day earlier. US-listed stocks that often move with it include COIN and HOOD.
Bitcoin
The companies have used securities to fund the acquisition of nearly 136,000 bitcoin. Analysts expect this funding channel to complement the broader ETF market.
Uniswap
Uniswap traded near $6.54 at 11:28 AM New York time, down 8.0% from $7.11 a day earlier. US-listed stocks that often move with it include COIN and HOOD.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.