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Luke Kawa
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OpenAI to be added to ARK’s ETF lineup after completing funding round with $852 billion valuation
ARK and buzzy companies go together like early LLMs and hallucinations.
Beyond Meat tumbles as CEO blames American society for its business struggles after issuing weak sales outlook
The CEO equivalent of flipping over the table when board game night isn’t going well.
CoreWeave jumps after closing unique financing deal to borrow $8.5 billion backed by its chips and Meta’s AI compute purchases
It’s good to get some positive AI-related credit news.
Traders pay a premium for defense ETF that US Secretary of War Pete Hegseth’s broker reportedly attempted to buy before the war
The FT reported that Pete Hegseth’s broker attempted a multimillion-dollar purchase of IDEF before the US attacks on Iran.
Marvell spikes after Nvidia invests $2 billion in the custom chip maker
And YOU get $2 billion and YOU get $2 billion.
Virgin Galactic soars after boosting space tourism ticket prices to $750,000
Virgin had paused its space tourism program after a June 2024 flight in order to focus on building a better spacecraft.
Meta rallies after being named a “top pick” by Morgan Stanley
Even so, Morgan Stanley trimmed its price target on the stock to $775 from $825, which still represents upside of about 50%.
Peloton spikes after Eric Jackson says he’s long the stock at $4
Jackson’s tweet at 11:56 a.m. ET coincided with a spike in the share price as well as volumes traded (which may well imply that algos…
Meta’s energy deal with Entergy boosts AI-linked utilities stocks
Meta will “pay its full cost of service,” Entergy said in a press release.
Cyber stocks plunge after reportedly leaked document shows Anthropic is worried its new model will enable indefensible online attacks
And yet we only seem to know about this because Anthropic doesn’t have decent cybersecurity itself.
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