Mag 7 stocks are mostly lower: Nvidia +0.3%, Tesla +0.2%, Alphabet -0.7%, Apple -0.4%, Amazon -0.9%, Microsoft -0.8%, Meta Platforms -0.5%
Best Buy (BBY) slips 2% after DA Davidson cut the recommendation on the consumer electronics retailer to neutral, citing the stock’s valuation following a 35% year-to-date gain.
Bloom Energy (BE) rises 6% and Everpure (P) gains 2% after S&P Dow Jones Indices said the companies will join the S&P 500 Index. Boston Scientific (BSX) slips 2% after the company said that the cyber attack that recently affected operations is likely to have a material impact on third quarter and fiscal 2026 results. Herbalife (HLF) rises 7% after the maker of dietary supplements announced a $250 million share buyback.
Ionis Pharmaceuticals (IONS) falls 10% and Amgen (AMGN) slumps 5% after Novartis AG said its heart medication, pelacarsen, failed in a final-stage study.
Pharvaris (PHVS) soars 25% after a Phase 3 trial of its deucrictibant extended-release tablet for the prevention of hereditary angioedema attacks met its primary and secondary endpoints.
Rigetti Computing (RGTI) rises 5% after the quantum computing firm signed a $100 million pact with the US Department of Commerce to accelerate superconducting quantum computing R&D.
Roivant (ROIV) gains 20% after the drugmaker said a mid-stage study of its inhaled drug, mosliciguat, met its primary endpoint in the treatment for a lung disease.
Sigma Lithium (SGML) drops 16% after a Brazilian court ordered the suspension of all environmental permits for an operating subsidiary of the company and the complete halt of mining activities for the firm’s Grota do Cirilo lithium project.
Sweetgreen (SG) is up 5% after KeyBanc raised its recommendation on the salad restaurant chain to overweight, calling it a compelling turnaround opportunity.
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meme9/7meme
PancakeSwap traded about $75M of bStocks in a day
@PancakeSwap's volume covered SpaceX, Nvidia, Tesla, Apple, GameStop, and index products tracking the Nasdaq-100 and S&P 500. @bstocksfinance tokens are certificates that give holders an interest in securities the issuer holds rather than the underlying shares.
The full range now carries $624M in value across 72 assets, all on @BNBChain. The holder count has climbed to over 981,000, up ~370% in the past month. Per rwa(.)xyz data.
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news9/6news
Musk just turned the Cybercab into a gaming console
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Elon Musk's Inner Circle Is Pouring Cash Into Making Psychedelics Mainstream -- WSJ
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Federal regulators are investigating Musk’s new steering-wheel-free Cybercabs a day after launch, unconvinced by Tesla’s self-certification process
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Federal regulators are investigating Musk’s new steering-wheel-free Cybercabs a day after launch, unconvinced by Tesla’s self-certification process
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meme9/5meme
I had the chance to talk to the head of the Reaction Injection Molding (RIM) Tesla team that developed the process, machines, materials and production line responsible for the Cybercab exterior (and some interior) plastic panels.
What is RIM? Reaction injection molding (RIM) is a manufacturing process that injects two liquid chemicals into a mold to create strong, lightweight plastic parts.
The primary benefits to Tesla? Tesla uses Reaction Injection Molding (RIM) for the Cybercab primarily to eliminate the traditional automotive paint shop, which is historically one of the most expensive, space-consuming, and environmentally taxing parts of car manufacturing. Tesla's goal for mass production is a highly compact, parallel modular assembly system called the "unboxed" process.
By skipping the massive infrastructure of a paint shop, Tesla can reduce the factory footprint by roughly 50%. Since the colored panels come out of the molds nearly complete, they don't have to follow a strict sequential painting order and can be easily bolted on toward the end of assembly, minimizing the risk of factory scratches.
In the Tesla application for Cybercab, the RIM gold exterior body panels have a underlying reinforced plastic inner support panel that is plastic laser welded (& some industrial adhesives) bonded to the outer panel.
When I first saw the early production tests, I noticed there were visible "distortions" where the contact points occurred and this detracted from the overall look of the Cybercab.
The team worked very hard to address this issue and made a number of production process modifications that virtually eliminated this issue and I can say the Cybercabs I saw and rode in at the Launch Event looked exceptionally clean.
Amazing work by the Plastics team to not only develop this process and the machinery and materials used, but to refine the production process to get such an amazing result!
Thanks to @XanderSky for making this video clip!
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news9/5news
I had the chance to talk to the head of the Reaction Injection Molding (RIM) Tesla team that developed the process, machines, materials and production line responsible for the Cybercab exterior (and some interior) plastic panels.
What is RIM? Reaction injection molding (RIM) is a manufacturing process that injects two liquid chemicals into a mold to create strong, lightweight plastic parts.
The primary benefits to Tesla? Tesla uses Reaction Injection Molding (RIM) for the Cybercab primarily to eliminate the traditional automotive paint shop, which is historically one of the most expensive, space-consuming, and environmentally taxing parts of car manufacturing. Tesla's goal for mass production is a highly compact, parallel modular assembly system called the "unboxed" process.
By skipping the massive infrastructure of a paint shop, Tesla can reduce the factory footprint by roughly 50%. Since the colored panels come out of the molds nearly complete, they don't have to follow a strict sequential painting order and can be easily bolted on toward the end of assembly, minimizing the risk of factory scratches.
In the Tesla application for Cybercab, the RIM gold exterior body panels have a underlying reinforced plastic inner support panel that is plastic laser welded (& some industrial adhesives) bonded to the outer panel.
When I first saw the early production tests, I noticed there were visible "distortions" where the contact points occurred and this detracted from the overall look of the Cybercab.
The team worked very hard to address this issue and made a number of production process modifications that virtually eliminated this issue and I can say the Cybercabs I saw and rode in at the Launch Event looked exceptionally clean.
Amazing work by the Plastics team to not only develop this process and the machinery and materials used, but to refine the production process to get such an amazing result! Thanks to @XanderSky for making this video clip!
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listing9/4listing
Binance: Your portfolio doesn’t need more tabs. It needs a target.
Choose your preferred allocation across bStocks like Tesla, NVIDIA, and the S&P 500.
Rebalancing Bot automatically adjusts your holdings to help keep the mix on track. https://t.co/51tUZSyZmf
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news9/4news
Your portfolio doesn’t need more tabs. It needs a target.
Choose your preferred allocation across bStocks like Tesla, NVIDIA, and the S&P 500.
Rebalancing Bot automatically adjusts your holdings to help keep the mix on track. https://t.co/51tUZSyZmf
Post-quantum keys, regulated securities rails, and deep dives into Sui’s security work. Here are the moments that mattered in August: Making Sui quantum ready (Aug 6) Sui is adding two NIST-standardized post-quantum signature schemes: ML-DSA-65 as a native scheme for everyday accounts, and hash-based SLH-DSA-SHA2-128s inside Move contracts for high-value vaults. Existing accounts move to a quantum-safe key derived from the recovery phrase they already hold. Why it matters: Most migration plans ask every user to move their money to a new address, which is the moment things get lost. Not on Sui. Read more: https://www.sui.io/blog/making-sui-quantum-ready
Hadron by Tether goes live on Sui (Aug 13) @hadron_tether launched on Sui, giving institutions the rails to issue tokenized equities, bonds, and commodities, with sub-400ms finality and an object model built for real asset logic. Why it matters: Issuance is the step before every other step. Before an asset can be traded, lent against, or settled, somebody has to be able to bring it onchain inside a compliance framework. That capability now sits on Sui.
Hashi testnet keeps stacking numbers (Aug 10 and 22) Three weeks after launch, Hashi testnet had processed 1.1M deposits and 165K withdrawals, and more than 50% of all Bitcoin Signet transactions over the prior two weeks resulted from Hashi test activity. By August 28, deposits passed 2.2M. Mainnet imminent. Why it matters: Roughly $1T of Bitcoin sits idle in cold storage. Hashi keeps native $BTC on the Bitcoin network and lets formally verified Sui contracts orchestrate it as programmable collateral. With Testnet volume at this level, imagine what Hashi mainnet numbers will be like.
Security on Sui (Aug 17 to 21) @suidevelopers started the discussion: Whatever you build inherits the security properties of the stack you build on. The language decides what mistakes are possible. The protocol decides what it enforces for you. The reviews decide what you get to see.
What you inherit on Sui: Move's bytecode has no indirect-call instruction, so the hook most reentrancy exploits rely on does not exist. Every call target is statically bound and verifier-checked before it runs. Ownership is enforced at the protocol level through object metadata, so unauthorized modification is structurally impossible instead of a check a developer has to remember to write. August 18: From the cryptographer's desk. Mysten Labs Chief Cryptographer @kostascrypto published the reasoning behind both post-quantum schemes: the external cryptographers, wallet providers, HSM vendors and financial authorities who pushed back, the benchmarks, and the one migration path Sui is deliberately not shipping yet.
August 19: Can an LLM find a vulnerability a human auditor missed? @reginaldojsf hosted an X Space with @b1ackd0g, @hrkrshnn and @bbarwik on where AI actually helps in an audit: what it reliably catches, what it walks straight past, and how to fold it into a review pipeline without drowning your researchers in false positives. Why it matters: Humans took two years to review one code scheme and call it safe. An AI model halved its key strength in 60 hours. Quantum risk is not waiting for human timelines, and AI will find the cracks first.
Securitize and Neuberger bring high-yield credit onchain (Aug 18) Sui's first integration with @Securitize went live. The High Income Tokenized Fund (HINC) brings high-yield bonds, CLOs and leveraged loans onchain, subadvised by @neubergerberman, with daily subscriptions and BNY Mellon custody. @EmberProtocol launched $HIGH on Sui the following day as tokenized access to the same strategy. Why it matters: Most tokenized funds stop at treasuries and money markets. This is credit risk, actively managed, in a wrapper qualified investors can hold. Read more: https://www.sui.io/blog/securitize-neuberger-launch-tokenized-fund-across-sui Aftermath Perpetuals V2 ships (August 20) 15 markets on day one, entirely onchain: $BTC, $ETH, $SUI, $NVDA, $TSLA, $GOOGL, gold, silver, WTI crude, the S&P 500 and more. Twelve weeks of rebuild, two public audit reports by @osec_io and @Certora. Three days after launch, afLP crossed $2M TVL. Why it matters: Equities and commodities trading against the same engine as crypto, with both audits in the open before anyone deposited.
tZERO brings regulated securities infrastructure to Sui (Aug 25) Tokenizing an asset is step one. It still has to be issued, held, transferred, traded and settled inside a regulatory framework. @tZERO is bringing 7+ years of regulated digital securities infrastructure to Sui, built for exactly that. Why it matters: Institutional adoption needs infrastructure that reaches both ways, into the blockchain and into existing regulation. Read more: https://www.sui.io/blog/tzero-sui-institutional-digital-securities-infra Sui Overflow 2026 winners announced (Aug 27) 747 projects from 58 countries over six weeks, and 26 teams came out on top: 16 track winners across the Agentic Web, DeFi & Payments, @WalrusProtocol and @DeepBookonSui, plus 10 University Award recipients. @Sup_Wallet took the Agentic Web track with a self-custodial wallet an AI agent can trade and settle from inside limits you set once. Quay won DeFi & Payments with a merchant terminal that takes any token through the QR code a shop already has and pays out in $USDsui. Why it matters: The pattern across all four tracks was the same. Teams stopped building things for people to click and started building things for software to call. Read more: https://www.sui.io/blog/sui-overflow-2026-winners Sui Basecamp 2026 opens its lineup and puts the TPS record on the line (Aug 27 onwards) Speakers announced for Sui Basecamp 2026 in Singapore on October 7-8 with @token2049: @RaoulGMI, @EmanAbio, @HilmarVeigar, @jenzhuscott, @RichardSocher, @BrianQuintenz, @kostascrypto, @amoufarek, @CryptoMichNL, and more. On July 4, Sui hit 6,086,766 TPS on a livestream. On October 7, @kostascrypto will run it again on the main stage, verified live by @CertiK. Why it matters: This year's conversation is all about AI and the infrastructure the agentic economy actually needs. We’re inviting some of the most prominent voices to the Sui Basecamp stage to share their latest thoughts. Plus, Kostas and team will set a new record, live and verified. Join us at sui.io/basecamp. Read more: https://www.sui.io/blog/the-agentic-economy-takes-sui-basecamp-2026-singapore
Also this month: @ikadotxyz shipped Squid Mode, which gives an AI agent a wallet without giving it your keys, with policy enforced outside the agent and every signature split across independent validators. @0xbeepit released the Customizable Agent. Write your strategy into a prompt or a skills.md file and deploy an agent that reads the market your way. @navi_protocol introduced NAVI Prime, with independently curated lending markets, each carrying its own risk framework. @SlushWallet opened USDC pre-deposits that auto-migrated to @AftermathFi afLP on day one. Buyback Update: The Foundation has bought back 533.4K SUI year to date against $433.9M of stablecoin float, funded by yield rather than per-transaction fees. Nine moments, one direction. July showed how fast Sui goes. August showed what happens when you open the hood and let people look. Sui Basecamp 2026 in Singapore is where both get tested on stage. Register now: sui.io/basecamp?utm_source=twitter
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Reuters9/4news
Musk’s Xai Loses Court Bid to Block Minnesota’s New AI ‘Nudification’ Restrictions - Court Order
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Tesla Is Being Investigated For Launching its Cybercab Without a Wheel Or Pedals. Its Stock Is Plunging.
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Tesla Is Being Investigated For Launching its Cybercab Without a Wheel Or Pedals. Its Stock Is Plunging.. Federal safety regulations require manual controls, but the Department of Transportation recently proposed removing them for autonomous vehicles.
'I support all meme coins. I might even buy (or sell) one or two in the next few weeks to test a few new things. May the best memes win! 🙏'
are you still going to test the few new things sir, @cz_binance? 👀
with Binance announcing the $MARSCOIN spot listing today, i think it is a good candidate for this test
it is also the first meme/stock pair to be listed on Binance, so it's on the frontier of one of the hottest crypto trends right now
plus you and your friend @elonmusk memed the idea into existence haha
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Feds launch investigation into Tesla’s Cybercab deployment
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BINANCE JUST ANNOUNCED IT WILL BE LISTING $MARSCOIN ON SPOT!!!
this is a REALLY BIG deal
and i don't think people fully understand why yet
$MARSCOIN is the first memecoin Binance has announced for a spot listing in almost an entire year
let that sink in
almost ONE YEAR
and THIS is the memecoin they chose
now...
the last memecoin that gives me remotely similar vibes historically is $SAFEMOON — which interestingly also launched on BNB chain
except in my opinion?
$MARSCOIN is a FAR superior narrative in virtually every way
why?
because $MARSCOIN was:
- memed into existence by a combination of the world's richest man, Elon Musk, and crypto's richest man, @cz_binance - built around the memestock meta, one of the hottest and most innovative new trends in crypto - born on BNB chain, right in the ecosystem Binance and CZ are aggressively pushing - paired with $SPCX, the onchain representation tied to the SpaceX narrative, the most powerful space company and brand on earth - designed to reward holders with onchain stock-related $SPCX rewards, perfectly aligning it with the exploding RWA narrative - positioned directly within the exact direction Binance and CZ have repeatedly signaled they want BNB chain to move towards, so expect an aggressive push from them
so ask yourself:
if Binance and CZ are aggressively pushing this entire new direction for crypto and BNB chain...
what do you think happens to the flagship memecoin representing that narrative?
and here's where things get REALLY interesting 👀
$SAFEMOON reached a peak market cap of approximately $17 BILLION
and it did that...
WITHOUT EVER GETTING A BINANCE SPOT LISTING
meanwhile...
at the time of writing, $MARSCOIN is sitting at around $180 MILLION
$80 MILLION
versus a historical comparable that reached:
$17,000,000,000 (yes, that's 'B' for billions!)
and again...
$MARSCOIN is now getting access to Binance's spot exchange
imagine what happens when Binance's hundreds of millions of users open the app...
and they see:
MARSCOIN
sitting there as the biggest gainer of the day
a coin literally named after MARS
a narrative connected to Elon Musk & CZ
connected to the memestock meta
connected to the BNB chain ecosystem
and now officially listed on the largest crypto exchange in the world
what do you think happens next?
they're going to slam the BUY button
and once retail FOMO starts...
well...
you already know how memecoins work
$MARSCOIN has one of the most powerful combinations of narrative + accessibility + attention i've seen in a long time
and in my opinion?
the Binance listing is about to introduce this thing to an entirely new level of liquidity and attention