The AI Bubble Pops… Or Did It? (Spoiler: Probably Not)

The Journal’s report was as specific as a witch’s recipe. CFO Sarah Friar, who’s been quietly warning her colleagues that OpenAI might not be able to afford future computing contracts at their current revenue rates, called the situation “ridiculous” in a joint statement with Altman. “We’re totally aligned on buying as much compute as we can!” they declared, while the market rolled its eyes like a teenager hearing “I’m fine” after a car crash.

Galaxy Stock Surges Despite Loss: A Twain-Style Side-Eye

Galaxy Digital’s shares have crept up to the neighborhood of $25.00, a modest uptick of roughly 14% for the year, while the books show a net loss of $216 million for the first quarter of 2026. The loss, mind you, is about what you’d expect when digital assets go through the crypto wringer-money vanishes like coins in a magician’s sleeve when the market gets twitchy.

Shocking Losses at Galaxy Digital: Are They the Next Cryptocurrency Casualty?

By the end of the quarter, total assets stood at a princely sum of approximately $10 billion. Equity, however, took a slight tumble, coming in at $2.8 billion-down 8% from the previous quarter. On the bright side, the company still held $2.6 billion in cash and stablecoins, which should provide quite the liquidity cushion, perfect for those moments when one is feeling particularly brave in a turbulent trading environment. Alas, digital asset holdings fell 19% quarter on quarter to $1.36 billion, keeping pace with the broader market’s unfortunate decline.

Bitcoin’s $80k Drama: Will It Break or Just Flirt?

Bitcoin dipped below $76,000 after hitting the $80k ceiling-again. Because, you know, psychological thresholds are so last season. The Strait of Hormuz drama and macro tightening? Just the universe’s way of keeping things spicy. Traders are stuck in a range so narrow, it’s giving claustrophobia.