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Palantir Shares Drop Despite Earnings Beat as Burry Shorts and Valuation Concerns Rise

Palantir’s stock dropped 6% despite beating earnings expectations and raising guidance, primarily due to Michael Burry’s disclosed short position and concerns over its sky-high valuation trading at a forward P/E CoinDesk

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Stream Finance Rocked by $93M Blow—Project’s Stablecoin XUSD Peg Craters to $0.24

On Monday, the decentralized finance (DeFi) protocol Stream Finance announced that an external fund manager misplaced a jaw-dropping $93 million in Stream assets — sparking an immediate investigation and halting all withdrawals and deposits. In the chaos that followed, the DeFi project’s stablecoin XUSD lost its footing, tumbling to a painful low of $0.2473 per CoinDesk