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Apple executive Jennifer Bailey, who has led Pay and Wallet services since 2014, will retire in October after more than 25 years, deepening a leadership turnover. Key Points: Bailey has run Apple Pay since the service launched in 2014 and joined the company more than 25 years ago. Services chief Edd

National Bank of Canada disclosed small positions in an XRP (XRP) ETF and four Bitcoin (BTC) funds, totaling about $111,240 at Jun. 30, SEC records show. Key Points: The SEC filing lists 330 Bitwise XRP ETF shares worth $3,848 and 5,310 ProShares Bitcoin ETF shares worth $42,321. The five crypto fun

SpaceX has become the most shorted large public company in the United States, with bears wagering more than $26 billion against Elon Musk's rocket and satellite firm. Key Points: SpaceX short interest has reached roughly a third of the company's tradable float, the largest such position among major

Veteran investor Jordi Visser says AI’s easy-money phase is ending as heavy spending squeezes Big Tech cash, creating a possible crypto rotation led by Ethereum (ETH) over Bitcoin (BTC). Key Points: Big Tech’s largest AI spenders reported sharply weaker quarterly free cash flow as infrastructure cos

Elon Musk's X Money opened to U.S. Premium and Premium+ subscribers Monday with a 6% deposit yield, a metal Visa card and no crypto support. Key Points: X Money went wide on Jul. 27 for U.S. Premium and Premium+ subscribers, ending an invite-only beta. Deposits sit at Cross River Bank, insured to $2