IBM stock cut 2026 revenue forecast to 4-5% after Q2 miss. Mainframe revenue fell 42%, but CEO says demand is ‘deferred, not destroyed.’

Uber (UBER) stock drops as company slashes 10% of customer service roles, directly citing AI adoption and operational streamlining as primary drivers.

TL;DR BitMEX will permanently close on September 23 and has stopped accepting new user registrations.…

Alphabet (GOOGL) shares fell 4.7% after hours despite beating Q2 revenue estimates, as the company increased its capex guidance to $205 billion for 2026.

Tesla (TSLA) stock fell ~5% after hours as Q2 earnings missed forecasts at $0.33 per share. Revenue beat at $28.24B but margins compressed significantly.

Bitcoin slips to $65,500 as oil prices surge and Treasury yields climb. Digital Asset Market Clarity Act odds decline to 38% amid Democratic opposition.

Senate Democrats challenge the CLARITY Act crypto bill over ethics and consumer protection gaps. Vote expected next week before August recess begins.

NEAR Protocol (NEAR) analysis: $23B Intents volume, improved tokenomics, but low fees and limited DeFi raise concerns about long-term token value capture.

Benchmark raises Hut 8 (HUT) price target to $195, projecting 75% upside after the company’s Beacon Point AI campus secures $19.6B in lease agreements.

Tesla reports $112M Bitcoin loss in Q2 2026 as BTC fell 14%. The EV maker kept its 11,509 BTC unchanged while revenue exceeded expectations.

XRP hits $1.16 high as whales accumulate, ETFs see $5.7M inflows, and AI transactions exceed 1M. Key resistance at $1.30 remains the next target.

The White House alleges Moonshot AI illegally used Anthropic’s technology to build Kimi K3, with US officials threatening sanctions over AI model theft.