The AI Chip Selloff, Explained: What Happened and What Didn’t
The Philadelphia Semiconductor Index dropped sharply in early July, capping a run that had seen the index rally roughly 130% over the prior twelve months. Micron fell as much as…
SpaceX Bought Cursor for $60 Billion. Here’s What Changes
SpaceX agreed to acquire Cursor, the AI coding tool, for $60 billion in an all-stock deal, days after SpaceX’s own record-breaking IPO. It’s the largest acquisition of a venture-backed startup…