SUCCESS

The crypto market maker can now trade US stocks and options and support ETFs as crypto moves closer to traditional markets.

The move separates ordinary Ethereum staking from higher-risk restaking exposure as a new proposal to cap validator rewards divides the staking sector.

Advanced Micro Devices (AMD) just reported the strongest quarter in its 56-year history, and shareholders responded by selling.The chipmaker posted record revenue, more than doubled its data center sales, and raised its outlook above what Wall Street expected. On paper, it was close to a perfect print, but the stock fell anyway. It droppedas much as 10% on Wednesday, Aug. 5.The reason had almost nothing to do with the numbers AMD released. It came from a different earnings call happening the same night. That call was SpaceX’s. Why AMD stock dropped despite a record Q2 2026 earnings beatAMD reported second-quarter revenue of $11.5 billion, up 50% from a year earlier, with adjusted earnings of $1.66 per share. Both figures beat expectations.Data center revenue more than doubled to a record $6.72 billion, a 107% year-over-year jump driven by demand for its Instinct GPUs and EPYC server processors.More AMD Coverage:Bank of America revamps AMD stock price target for 2026Goldman Sachs resets AMD stock price target for the rest of 2026Top analyst strongly resets AMD stock price targetAMD guided third-quarter revenue to about $13 billion, ahead of the roughly $12.5 billion analysts modeled.That still fell short of the more aggressive numbers some investors had penciled in, which was closer to $14 billion. When a stock climbs more than 100% into an earnings date, meeting expectations often is not enough.

AMD reported record second-quarter revenue on Aug. 4, but its stock still fell after a rival chipmaker landed a high-profile customer.Sundry Photography / Getty Images

How Elon Musk’s SpaceX announcement affected AMDThe bigger blow landed during SpaceX’s first earnings call as a public company, held the same evening.Musk told analysts that SpaceX will build its AI infrastructure exclusively on Nvidia (NVDA), calling the Vera Rubin architecture the best available, The Motley Fool reported. The comment carried weight because Musk had said in May that his companies would likely keep buying from both Nvidia and AMD. This was a public reversal.It also arrived at the worst possible moment for AMD’s core sales pitch.For the past year, AMD has worked to convince investors that major AI buyers view its chips as a real alternative to Nvidia. A high-profile customer choosing Nvidia exclusively undercuts that argument in front of the whole market.Nvidia stock rose about 4% on the news, while AMD dropped up to 10%.SpaceX, the Starmind satellites, and AMD’s lost pipelineSpaceX no longer just launches rockets. It runs AI infrastructure at scale, hosting workloads for outside customers and building its own orbital compute program.Alongside the exclusivity comment, SpaceX and Nvidia announced a partnership to build the compute payload for Starmind AI1, Teslarati noted. The Starmind AI1 is a satellite designed to run AI workloads directly in low Earth orbit.Each Starmind satellite will carry Nvidia’s Rubin GPUs and Vera CPUs. SpaceX aims to begin deployments as early as 2027.What AMD lost with the SpaceX decision:A customer scaling AI compute capacity aggressively through 2027A pipeline analysts estimate could eventually exceed $100 billion in chip demandA reference win that would have validated its MI450 chips against NvidiaNone of that revenue was ever booked, so the direct financial hit is unclear. AMD did not disclose any specific dollar impact.The damage is to the growth narrative, not the current quarter.How AMD’s business is now leaning on one divisionThe quarter also exposed a concentration issue.AMD’s strength increasingly comes from a single source. Its data center division now accounts for roughly 58% of total revenue, while its client and gaming segments show flatter growth.Related: Fresh lawsuit drops bombshell on Micron stock priceThat makes the company more sensitive to large data center customer decisions, which is exactly the type of decision SpaceX just made.Investors reward concentration when the biggest market is expanding. They punish it when a major buyer defects, which helps explain the speed of Aug. 5’s selloff.Why Wall Street analysts stayed bullish on AMD stockSeveral major firms raised their AMD price targets right after the report, according to Yahoo Finance.Analyst price targets after AMD’s Q2 reportWells Fargo: raised to $700 from $615, OverweightJefferies: raised to $650 from $640, BuyJPMorgan: raised to $550 from $385, NeutralCiti kept AMD as a top Buy idea, and KeyBanc stayed Overweight.AMD CEO Lisa Su brushed off the SpaceX decision in a CNBC interview, saying she has tremendous respect for Musk and expects the two companies to keep working together over the longer term.Su also pointed to secured multiyear deployments with Meta, Microsoft, OpenAI, and Anthropic, customers that keep AMD firmly inside the hyperscaler buildout.What AMD needs to prove before the stock recoversThe company guided data center revenue to more than double in 2027 and expects overall revenue growth above its 35% target. Analysts still see AI GPU growth running well over 100%. Turning those targets into reported results is what needs to happen next.What has to go right for AMD’s thesis to holdMI450 chips win a visible, named hyperscale customer to replace the SpaceX narrative.Data center revenue growth stays above 100% into 2027.Client and gaming stabilize so that growth is not resting entirely on one segment.For long-term investors, the record quarter shows the AI demand is real, and AMD is capturing a large share of it. The SpaceX loss is a setback to the story, not a change to the fundamentals reported this quarter.For shorter-term traders, the risk is simpler. AMD trades at a steep valuation, and the stock has little room for error when a major customer walks away. Wednesday, Aug. 5, showed how quickly that can trigger a sell-off.The next real test comes when Nvidia reports and when AMD has to convert its 2027 guidance into booked data center revenue.Related: Wells Fargo doubles down on AMD stock after Anthropic deal

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealEveryone has their preferences when it comes to gym apparel, but for the most part we can all agree restrictive clothing can get in the way of getting a good workout. Overly baggy shirts weighed down with sweat and shorts that keep riding up or catching on surrounding equipment can easily overstimulate and overwhelm you, leaving you uncomfortable and possibly even distracted. And no one gets a good fitness session when that’s the case. For those who struggle with this common issue, opting for more restrictive clothing with things like the Neleus Biker Shorts instead of loose, baggy items, can actually quash this problem, and even help you feel better when it’s time to run on the treadmill, lift some weights, or get in a pilates class. With so many designer brands putting their own spin on the classic biker short-style, it’s even more refreshing to see our favorite retailers selling the sleek look for far less. Right now, Walmart is selling the Neleus Biker Shorts on sale for 38% off as part of a Flash deal. Save $9 on the $24 high-waisted shorts and get your own in the inseam-length of your choosing for only $15. With so many colors to choose from, we fear there will be more than a couple of pairs getting added to your cart. Neleus Biker Shorts, $15 (was $24) at Walmart

Courtesy of Walmart

Shop at WalmartWhy do shoppers love it?Biker shorts don’t just offer flexibility without excess fabric when you’re on the move or working out. They prevent blistering and chafing with adequate thigh coverage, can provide muscle-support with the right compression technology, and they stay in place during intense movements like squats, lunges, or on a run. They come in a variety of inseam lengths, but this special Neleus model is available in a 4-inch/5-inch short inseam or an 8-inch regular inseam, so you can choose how much coverage you want and where you want the shorts to end on your own body.Made with a polyester and spandex fabric blend, these shorts have a moisture-wicking, quick-dry, and super breathable, buttery-soft texture that prevents sweat from leaving you damp and sticky. The spandex helps give the shorts four-way stretch so that you have unrestricted movement that allows the shorts to always return to their original shape after being worn. Available in 10 colors and multi-packs, the shorts are designed with a high waist for compression and stomach support, with two pockets on the sides. They hug the figure in a flattering way, contouring to your body’s curves and making everyone look their best no matter what kind of silhouette you have.To maximize movement and further minimize rubbing and chafing, the shorts are designed with a triangle gusseted crotch that provides coverage but has interlocking seams for sturdiness and stability. The longer inseam provides even more coverage and is ideal for those who struggle with chafing. Related: Walmart’s bestselling high-waisted running shorts are on sale for $14Super durable and flattering, and available in sizes small through 2XL, the shorts are comfortable to wear, especially with the no-dig waistband, and are suitable for wearing by themselves or as a layering piece underneath shorts or skirts. Details to knowMaterial: Polyester and spandex blend. Colors: 10.Sizes: S through 2XL.Even after lots of wear and lots of washes, these shorts hold up in quality, color, and appearance. Not only does the material feel soft to the touch, but they are comfortable to wear as athletic shorts and are great for all kinds of exercise, whether that be running or yoga. “Smooth and slick,” one shopper said. “They are the perfect fit and priced way cheaper than any other place.”Shop more deals Avia Plus Zip-Front Knit Jacket, $26 at WalmartRosvigor High-Waisted Athletic Pants, $18 (was $33) at WalmartCueply Running Shorts, $14 (was $24) at WalmartApparel like the Neleus Biker Shorts isn’t everyone’s cup of tea, but for those who like restrictive workout gear without a lot of fabric or those who simply deal with constant rubbing and chafing, the Neleus Biker Shorts are an affordable, sleek solution.

Manchester City will reportedly reject the first offer from FC Barcelona for its midfielder Rodri according to sources in Catalonia.

Brent climbed on stalled Hormuz talks, reviving the inflation worry that has capped bitcoin all summer. Today’s US payrolls print is the next catalyst.

When someone you love dies, the world does not pause to let you grieve. Within hours, there are calls to make and decisions to face, often while you are in shock and running on no sleep. It can feel like being handed a to-do list in a language you do not speak.
So what actually needs to happen, and in what order? Having a clear, calm sequence to follow can lift some of the weight at the hardest possible time. This guide walks through the practical steps, gently, so you can take them one at a time rather than all at once.
In the First Hours and Days
The very first steps depend on where the person passed away, and the good news is that others usually help you through them.
If the death happens in a hospital or care home, the staff will guide you and handle the immediate medical formalities. If it happens at home, you will need to contact a doctor or the relevant authorities so the death can be formally confirmed. In an unexpected death, calling emergency services is the right first move.
Once that is done, a few early tasks follow naturally:

Contact close family and friends, and lean on them to help spread the news
Choose a funeral home, which will collect the person and become a key source of support
Begin looking for any documents that record the person’s wishes for their funeral

There is no need to rush the bigger decisions in these first hours. Give yourself permission to move slowly.
Getting the Documents You Will Need
One piece of paperwork underpins almost everything that follows, so it helps to understand it early. The death certificate is the official document you will need again and again, for banks, insurers, government agencies and the estate.
Your funeral home can usually help you register the death and obtain copies. A useful tip that saves stress later: order several certified copies at the outset, because many organisations insist on an original rather than a photocopy.
Keep these somewhere safe and organised. You will be surprised how often you reach for them over the following months.
Arranging the Funeral
With the immediate practicalities underway, attention turns to saying goodbye. This is emotional work as much as logistical, so accept help freely.
Start by looking for any wishes the person left behind, whether in a will, a letter or simply things they once told you. A funeral home will walk you through the choices around burial or cremation, the type of service, and the costs involved. It is completely reasonable to ask for an itemised price list and to take a trusted friend or relative along to help you think clearly.
Lean on your community here. People genuinely want to help, and funerals are one of the times it is right to let them.
Handling the Estate and Legal Steps
Once the funeral has passed, the practical matter of the person’s estate comes into focus. This is the part families most often find confusing, and it is worth knowing you do not have to face it alone.
The estate is everything the person owned and owed, and someone has to gather it, settle debts and taxes, and distribute what remains. If there is a will, it names an executor to do this. If there is no will, the situation is more complex, and this is far more common than people assume. Around half of Canadian adults say they do not have a will, according to the Angus Reid Institute. When someone dies without one, provincial law decides who inherits, which can surprise families and take longer to resolve.
This is often the point where professional help makes the biggest difference. Speaking with a Probate lawyer in Vancouver or in your own area can clarify what needs to happen and take real weight off an executor’s shoulders.
Westcoast Wills & Estates is a Metro Vancouver firm that helps executors and families through probate and estate administration. The probate process, where a court confirms the will and the executor’s authority, can take months, so patience and good records matter more than speed here.
Notifying the Right People and Organisations
A quieter task runs alongside everything else: letting the necessary institutions know. Working through this steadily prevents headaches later.
The list usually includes:

Banks, and any pension or investment providers
Government agencies, including tax and benefits offices
Insurance companies, for life, home and vehicle policies
Utilities, subscriptions and any ongoing memberships
Employers, if the person was still working

Take it one organisation at a time, and keep a simple note of who you have contacted and when. There is no prize for doing it all in a day.
Looking After Yourself Through It
This is not an afterthought, it belongs on the list. Grief and paperwork are a punishing combination, and you cannot handle either well if you are running on empty.
Accept every offer of help, whether it is a cooked meal, a lift, or someone sitting with you while you make calls. Delegate tasks to family where you can. And be patient with yourself, because grief does not follow a schedule and there is no correct way to feel. If the weight becomes too much, reaching out to a grief counsellor or your doctor is a sign of strength, not weakness.
Conclusion
Losing someone is one of life’s hardest experiences, and the practical demands that come with it can feel cruel in their timing. Breaking it into steps, handled one at a time, makes the impossible feel manageable.
Deal with the immediate needs first, gather the documents, say goodbye in a way that honours them, and get good help with the estate. Above all, be gentle with yourself. This article is general information, not legal advice, so consult a qualified professional about your specific situation and the rules where you live.
The post What to Do When a Loved One Dies: A Step-by-Step Guide for Families appeared first on Addicted 2 Success.

Microsoft spends billions building its own AI models every year. Internally, though, the company just told its own developers to reach for someone else’s technology first.The instruction came from deep inside Microsoft’s engineering organization, and it says as much about the economics of AI spending as it does about which chatbot writes better code.Why Microsoft defaulted GitHub Copilot to GPT-5.6 SolJay Parikh, executive vice president of Microsoft’s CoreAI engineering group, told employees in a memo on August 4 to default to OpenAI’s flagship GPT-5.6 Sol model when working inside the GitHub Copilot coding tool. “Internally, shifting more workloads to OpenAI models helps us get greater value from our token investment,” Parikh wrote, according to CNBC.Parikh’s group oversees GitHub, Visual Studio, and Visual Studio Code. Before the Sol switch, Microsoft’s internal GitHub Copilot setup ran on an auto-router that defaulted primarily to Anthropic’s Claude models. Microsoft engineers were, in effect, mostly coding with expensive Claude tokens on the company’s own infrastructure.More Microsoft:Morgan Stanley resets Microsoft stock forecast ahead of earningsBank of America doubles down on Microsoft stock ahead of earningsCiti revamps Microsoft stock price target for the rest of 2026The memo told staff to lean on OpenAI specifically to capture value from Microsoft’s early investment in the company. That is a notable instruction given that Microsoft has built its own AI programming model and gives cloud customers access to more than 11,000 models, including Anthropic’s. As of July 2026, Microsoft divisions began operating under formal AI token budget targets for the first time.Parikh framed the shift as a break from what he called “tokenmaxxing,” a period when developers were encouraged to run up large AI processing bills without much scrutiny of the output. “Tokenmaxxing is not what we are optimizing for,” he wrote. “I want all of us focused on maximizing outcomes that move the needle for our customers and our business.”404 Media reported on the internal memo, which Parikh sent as employees were already logging monthly AI spending ranging from hundreds of dollars to several thousand per engineer.What the Microsoft OpenAI deal means for GitHub CopilotThe guidance arrives nine months after OpenAI completed a corporate restructuring that extended Microsoft’s intellectual property rights through 2032. Microsoft said separately in April it had stopped revenue-sharing payments to OpenAI, changing the financial shape of the partnership that once ran on shared profits rather than fixed licensing terms.Microsoft’s fiscal year 2026 results illustrate why OpenAI stays at the top of the pecking order. The company reported full-year revenue of $331.8 billion, up 18%, with AI services accounting for a growing share. OpenAI-related investment gains contributed $4.963 billion to net income for the full year, reflecting the financial value Microsoft extracts from the partnership beyond direct revenue.The diversification play is real but different in character. Microsoft put up to $5 billion into Anthropic, and Anthropic agreed to spend on Azure in return. There are no public IP commitments in that relationship the way there are with OpenAI. Anthropic’s Claude Code only runs on Anthropic’s models. GitHub Copilot runs on everyone’s, including Anthropic’s, Google’s, Moonshot AI’s, xAI’s, and Microsoft’s own. That gives Microsoft the flexibility to point traffic wherever it wants. Right now, it’s pointing at OpenAI.

The memo told staff to lean on OpenAI specifically to capture value from Microsoft’s early investment in the companyHarun/Getty Images

Microsoft stock and Azure $100 billion in contextThe memo drops during Microsoft’s best stretch on Wall Street in years. July 29 earnings came in at $4.74 per share on $90.01 billion in revenue. Both beat the consensus of $4.24 and $87.62 billion, respectively. The stock jumped roughly 8% on the day, as TheStreet reported.Azure crossed $100 billion in annualized revenue and grew 43% in constant currency. Intelligent Cloud came in at $39.3 billion, up 32%. Worth noting though: a $3.2 billion gain from Microsoft’s Anthropic investment added 27 cents to earnings per share. Part of the beat was investment accounting, not operations.That strength has stood out against rising skepticism toward hyperscaler AI spending generally. Alphabet raised its 2026 capex guidance to between $195 billion and $205 billion, pushing quarterly free cash flow negative for the first time, as TheStreet reported. Combined capital expenditures from Microsoft, Amazon, Alphabet, and Meta are expected to top $700 billion this year.What Microsoft’s tokenmaxxing crackdown means for AI spendingMicrosoft isn’t alone in doing this. Cheaper open-weight models, a lot of them from Chinese labs, have been quietly eating into the dominance of frontier models from OpenAI and Anthropic. They cost less to run. That gives budget-conscious teams a real alternative in a market that used to have only one direction: spend more.Parikh acknowledged CoreAI has not yet set formal token budgets for individual teams or employees, and encouraged staff to document both successful and unsuccessful uses of AI spending. GitHub Copilot itself has scaled to 50 million users, Microsoft said, even as newer entrants like Cursor have taken market share in the same space.Whether Microsoft’s internal preference for OpenAI signals where enterprise customers should be looking remains an open question, but the memo makes one thing explicit: even Microsoft’s own engineers are being told that more AI spending is not automatically better spending.Related: Mark Zuckerberg, Microsoft CEO just made major AI decision

Bitcoin whales accumulate $1.2 billion in BTC while spot ETFs pull in $754 million this week.

Fred Richard is one competition away from becoming the U.S. national champion. Richard won night one at the 2026 U.S. Championships in Phoenix, edging out rising star Danila Leykin by just 0.153.