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MyPillow Guy Mike Lindell Resigns as CEO to ‘Devote’ 100% of Time and Energy to Governor Campaign: ‘Minnesota Comes First’

by Snigdha Gairola | Aug 5, 2026 | General

MyPillow founder Mike Lindell stepped down as chief executive officer and reduced his ownership stake to focus full-time on his campaign for governor of Minnesota. Lindell Leaves MyPillow CEO Role On Tuesday, MyPillow announced that Lindell has stepped down as CEO...

AppLovin (APP) Stock Jumps Over 3% After Hours: Here’s Why It Is Trending

by Mohd Haider | Aug 5, 2026 | General

AppLovin Corp. (NASDAQ:APP) shares are trending on Tuesday night. Shares of the California-based mobile technology company rose 3.34% to $433.71 after the bell on Tuesday. In the regular session, APP climbed 3.33% to $419.70, according to Benzinga Pro data. Elevated...

Trump Administration Won’t Safety-Test Open-Weight AI Models as OpenAI and Anthropic Raise Cybersecurity Concerns: Report

by Ananya Gairola | Aug 5, 2026 | General

On Tuesday, the White House reportedly told leading AI companies that open-weight models will not be included in the government’s planned safety testing. Trump’s AI Safety Tests Exclude Open-Weight Models The development was reported by Reuters, citing two sources...

SpaceX Reports $540 Million Losses on Bitcoin Holdings in Q2 — Elon Musk-Led Rocket Company Didn’t Sell Any

by Aniket Verma | Aug 5, 2026 | General

Space Exploration Technologies Corp. (NASDAQ:SPCX) didn’t sell any of its Bitcoin (CRYPTO: BTC) in the second quarter, but the position suffered a sizable unrealized loss. SpaceX Hit by Crypto Bear Market SpaceX reported digital assets worth $1.1 billion as of June...

Cathie Wood Cashes in on Palantir’s 29% Pop as Ark Sells $6.4 Million Worth of Shares — Doubles Down on Spotify After Its Earnings Miss

by Shivdeep Dhaliwal | Aug 5, 2026 | General

On Tuesday, Cathie Wood-led Ark Invest executed notable trades involving Palantir Technologies Inc. (NASDAQ:PLTR) and Spotify Technology S.A. (NYSE:SPOT). The Palantir Trade Ark Invest made a significant move by selling shares of Palantir across ARK Blockchain &...

AMD Earnings ‘Were Good,’ Says Analyst Even as Stock Sinks 9% After Hours: Wall Street Wanted a ‘Blowout’ Forecast

by Ananya Gairola | Aug 5, 2026 | General

On Tuesday, shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) fell sharply in after-hours trading despite beating second-quarter expectations, as analysts said investors had been looking for a more dramatic AI-driven outlook tied to the company’s Helios platform....
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