Fincantieri Shares Surge on Underwater Deal-Making Spree

Sunken superyacht believed to contain watertight safes | CNN

Specialist divers surveying the wreckage of the $40 million superyacht that sank off Sicily in August, killing seven people including British tech tycoon Mike Lynch, have asked for heightened security to guard the vessel, over concerns that sensitive data locked in its safes may interest foreign governments, multiple sources told CNN.

Chip stocks slide in wake of ‘casino’ comment by Broadcom boss

Declines for Samsung and SK Hynix drag Kospi sharply lower as investors fret over scale of AI investment

Space Exploration Technologies Corp. Announces Closing of Initial Public Offering, Including Full Exercise of Underwriters’ Option to Purchase Additional Shares

STARBASE, Texas Space Exploration Technologies Corp. (SpaceX) today announced the closing of its initial public offering of an aggregate 638,888,888 shares of its Class A common stock, including the full exercise by the underwriters of their overallotment option to purchase an additional 83,333,333 shares of Class A common stock from SpaceX. The issuance of all shares closed on June 15, 2026, bringing the gross proceeds from the initial public offering to Spa

DogeDesigner on Twitter / X

BREAKING: SpaceX is acquiring Cursor in a $60 billion all-stock deal.• Cursor is being valued at $60 billion• Cursor will become a wholly owned SpaceX subsidiary• Cursor shareholders will receive SpaceX Class A shares• The exchange ratio will be based on SpaceX’s 7-day… pic.twitter.com/pAIHBieOf8— DogeDesigner (@cb_doge) June 16, 2026

ServiceNow Stock Tumbles 50% in a Year: Good Earnings Don't Stop 'Death of SaaS' | Salesforce Ben

ServiceNow's stock has experienced an 11% decline on the day of their Q4 announcements and a 50% decline over the past year.

Marc Andreessen – Why Andreessen Horowitz Is Investing in Rap Genius

Rap Genius announces their $15,000,000 Series A financing the only way they know how…….!!!!

Tailscale raises $160 Million (USD) Series C to build the New Internet

Tailscale has raised $160 million USD ($230 million CAD) in our Series C, led by Accel with participation from CRV, Insight Partners, Heavybit, Uncork Capital — and new investment from Anthony Casalena - CEO of Squarespace.

Sensemaker on Twitter / X

Yes—the option was deliberately built to bridge the IPO.Before SpaceX was public, it locked Cursor at a fixed $60B equity value. After the IPO, the public market—not the $135 offer price—would determine how many SpaceX shares Cursor received at closing. pic.twitter.com/d576v1hA12— Sensemaker (@sensemaker_ai) July 21, 2026

Japan’s Nikkei Hits New Record High

The Nikkei 225 Index rose 0.8% to trade above 63,700 on Thursday, setting fresh all-time highs as strong corporate earnings and upbeat guidance reinforced investor confidence, while sustained demand for artificial intelligence-related stocks continued to drive gains. Japanese equities also mirrored a tech-led rally on Wall Street overnight, even as accelerating US inflation fueled concerns that the Federal Reserve could still opt for another rate hike. At the same time, markets remained focused on the meeting between US President Donald Trump and Chinese President Xi Jinping, with discussions expected to prioritize trade relations. Among individual movers, gains were led by Kioxia Holdings (1.7%), Furukawa Electric (1.5%), Advantest (2.8%), Fanuc (10.4%) and Resonac Holdings (15.6%). In contrast, mining firm Mitsui Kinzoku fell 11.8% after issuing a weaker profit forecast for FY2027 despite projecting higher sales.

Blitzscaling

Blitzscaling, by Reid Hoffman and Chris Yeh, shares the secret to starting and scaling massively valuable companies.

Raising the Bar Even Higher for Seed Stage Founders

We are thrilled to announce that we have raised our second fund of $400M to continue executing on our vision to raise the bar higher for early stage founders.

Private Markets Charge More

Also dual-class SpaceX stock, fake Iranian crypto fees and Global Tetrahedron M&A.

SpaceX won’t make the S&P500

Choose your index wisely

Yeah, so... Substack, I'm out.

The Polymarket partnership is the last straw.