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Luke Kawa
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D-Wave Quantum reports lower-than-expected Q1 sales, though backlog booms on major deals
Bookings at the end of Q1 were $33.4 million, up from $13.4 million in Q4 and $1.6 million a year ago.
GameStop briefly spikes as tweets from @TheRoaringKitty, aka Keith Gill, appear then disappear on X
The discounted value of GameStop’s cash flows fluctuated wildly on this development.
“Retail-driven momentum and short squeeze dynamics remain a dominant force in the market today,” says Citadel Securities
Retail has flipped from aggressive put buying to call buying, per Citadel Securities.
US job growth surprises to upside in April, with the unemployment rate steady at 4.3%
This report adds to the signs of labor market stabilization.
Nvidia to invest up to $2.1 billion in IREN in partnership that deploys as much as 5 gigawatts of its AI infrastructure
The pact would see up to 5 gigawatts of Nvidia’s AI offerings deployed across IREN’s data centers.
CoreWeave reports modestly better than expected Q1 results, revenue backlog nearing $100 billion
The neocloud just released Q1 results.
Opendoor Technologies reports better-than-expected Q1 results and touts key profitability milestone
The online real estate company just released Q1 results.
OpenAI’s massive custom chip deal with Broadcom is reportedly facing financing difficulties
The chip designer may end up footing the bill for the first phase of production, per The Information.
Beyond Meat Q2 sales guidance falls short of estimates
The faux meat seller just released Q1 results.
AppLovin soars after Q1 results and Q2 guidance exceed estimates
The adtech company just released Q1 results.
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