Markets, earnings, deals, and the macro shifts that move them. Reported for readers who already know the basics.
The Trump family was entitled to roughly $500 million from a 2025 crypto deal with Alt5 Sigma, while the company — now called AI Financial Corp. — has lost more than 90% of its stock value and warned it may not survive as a going concern.
Sara Montes de Oca · 102 DAYS AGO
Alphabet's $80 billion stock sale to fund AI infrastructure, combined with surging data center costs and a jobs report that extinguished rate-cut hopes, has raised fears that Amazon, Microsoft, and Meta may need to follow with their own large equity offerings.
Sara Montes de Oca · 104 DAYS AGO
Iran fired ballistic missiles at northern Israel on Sunday, jeopardizing a ceasefire with the U.S. and pushing stock futures lower as markets face a week packed with inflation data and the SpaceX IPO.
Jay Goldberg · 104 DAYS AGO
Spot ETFs tracking the HYPE token from Bitwise, 21shares, and Grayscale attracted nearly $160 million in combined assets within days of launch, even as bitcoin and ether ETFs shed value amid a broad crypto selloff.
Sara Montes de Oca · 105 DAYS AGO
Family offices completed 51 direct investments in May, highlighted by a $225 million commitment to Pickleball Inc. and a $12 million Series A for GPS sports gear startup PlayerData, signaling the sector's growing appeal as an alternative asset class.
Jay Goldberg · 106 DAYS AGO
S&P Global said it will not change its S&P 500 eligibility requirements, blocking SpaceX from swift index entry after its record-targeting $1.75 trillion IPO. The move leaves SpaceX ineligible due to a $4.94 billion net loss reported in 2025.
Sara Montes de Oca · 107 DAYS AGO
Broadcom reported fiscal Q2 revenue of $22.19 billion, up 48% year over year, and AI semiconductor revenue surging 143% to $10.8 billion — but shares dropped after CEO Hock Tan held his multiyear AI targets steady rather than raising them.
Sara Montes de Oca · 108 DAYS AGO
SpaceX set a fixed IPO price of $135 per share, targeting a $1.77 trillion valuation and a June 12 Nasdaq debut — which would make it the largest IPO in U.S. history, more than triple the size of Alibaba's record offering.
Jay Goldberg · 108 DAYS AGO
On World Clubfoot Day, the nonprofit’s chief executive explains why connecting proven platforms let a roughly 50-person organization track a quarter-million patient visits a year across nearly 40 countries.
Sara Montes de Oca · 108 DAYS AGO
Morningstar analysts have placed SpaceX's fair value at $780 billion, roughly 48% below its $1.75 trillion IPO target, citing deep uncertainty around the company's xAI unit and a sustained history of net losses.
Sara Montes de Oca · 108 DAYS AGO
Mach Industries, a three-year-old defense tech startup, has raised a $300 million Series C at a $1.8 billion valuation — nearly four times its worth from a year ago — as investor appetite for autonomous weapons developers surges.
Sara Montes de Oca · 109 DAYS AGO
Alphabet announced plans to raise $80 billion through stock sales, including a $10 billion investment from Berkshire Hathaway, to expand AI compute infrastructure as demand exceeds the company's available supply.
Jay Goldberg · 110 DAYS AGO
Hewlett Packard Enterprise shares surged 30% on Monday after the company reported second-quarter revenue of $10.68 billion — up 40% year over year — and posted its biggest earnings-per-share beat since February 2018, fueled by record server demand.
Jay Goldberg · 110 DAYS AGO
Strategy sold 32 bitcoin for $2.5 million between May 26 and May 31 — only the second bitcoin sale in the company's history — sending shares down more than 6% and bitcoin to its lowest level since April 13.
Sara Montes de Oca · 110 DAYS AGO
Top-ranked analysts at Bank of America, UBS, and Mizuho have raised price targets on Datadog, Micron Technology, and Lam Research, citing sustained AI infrastructure demand, long-term supply agreements, and accelerating semiconductor spending.
Jay Goldberg · 111 DAYS AGO
Twenty Snap alumni have launched Ghost Angels, a fund targeting pre-seed and seed AI startups in social media and consumer tech, with plans to back at least 20 companies in total.
Sara Montes de Oca · 112 DAYS AGO
SpaceX received $4.16 billion to build satellites for the "Golden Dome" missile defense system and a separate $2.29 billion communications contract, bringing its total Space Force awards this week to $6.45 billion — arriving just weeks before the company's anticipated IPO.
Sara Montes de Oca · 112 DAYS AGO
Software stocks closed May up 21%—their best monthly performance since 2001—after Snowflake and Okta delivered blowout earnings that challenged fears artificial intelligence would cannibalize the sector.
Sara Montes de Oca · 113 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.