Stock Update
OpenAI’s $6.6 billion employee windfall could shake San Francisco’s housing market
A $500 billion valuation and massive secondary share sales have handed OpenAI’s workers enough liquidity to buy every home sold in San Francisco last year
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Rupee’s day of reckoning: Trade war, outflows push currency to the brink
Trade deficits, foreign outflows, and Trump’s tariffs converge to test RBI’s restraint
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Does Nvidia owe most of its success to ChatGPT?
Nvidia’s exponential revenue growth didn’t happen by accident. It exploded only after ChatGPT sparked a global race to build AI infrastructure.
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DoorDash gets into the robotic delivery game with the launch of Dot
DoorDash will initially offer the services in Tempe and Mesa, Arizona before expanding the commercial deployment into other US markets.
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Rigetti stock hits record highs after securing first quantum orders worth $5.7M
Who says quantum computing is still years away from being a commercially viable industry? Not Rigetti
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Rumble stock: The right-wing video platform bets big on AI
After pivoting to crypto earlier this year, right-wing video-sharing and cloud-service platform Rumble (RUM) has now pivoted to artificial intelligence.
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Plug Power stock soars after landing its largest global hydrogen project
The company announced that it had delivered its first 10-megawatt (MW) GenEco electrolyzer array to Galp, which is the leading integrated energy company in Portugal
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The Trade Desk faces ad biz competition from an unlikely source
The Trade Desk's (TTD) new AI-powered third-party solution is a blessing and a curse
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Rivian cuts delivery forecast and analyst flags ‘highly concerning’ cash burn
Tesla's fall means Rivian is facing an even more daunting challenge to win over consumers
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Trump looks to rewire supply chains with a 5% stake in Lithium Americas
Ignoring backlash, the Trump administration now takes a 5% stake in Lithium Americas Corp
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Nu Holdings (NU) makes game-changer move to expand in US
After teasing the possibility of pursuing an expansion into the US back in March, Nubank, a subsidiary of Nu Holdings (NU), has confirmed that it applied for a US national bank charter.
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'Diluted to hell’—Wolfspeed’s stock surges as it exits bankruptcy, but shareholders are seething
When Wolfspeed (WOLF) filed for Chapter 11 bankruptcy protection this summer, its shares skyrocketed 530% in the five days after announcing its reorganization.
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SOXL: Retail traders rush for the exit after 120% semiconductor boom
Leveraged bets on U.S. semiconductor stocks have surged since the “Liberation Day” market sell-off in April, prompting retail investors to lock in gains at one of the fastest paces since the pandemic.
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Oklo secures second pilot project with U.S. Energy Department, but still gets downgraded
Oklo became the only publicly traded company named to a new Energy Department pilot program
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SEC suspends QMMM Holdings (QMMM) over ‘potential manipulation’ of its securities
Regulators flag aggressive trading volumes of QMMM
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Unusual Machines lands $12.8M defense order for its drone components
Unusual Machines (UMAC) said on Tuesday it has received a $12.8 million order
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Coinbase goes to war with Wall Street over stablecoin rewards
Coinbase (COIN) launched a marketing campaign push on Monday, calling on U.S. senators to reject Wall Street’s aim to ban rewards or yields on stablecoins offered by crypto companies
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Here's why Tempus AI is down today
Ark Invest founder Cathie Wood has been one of the biggest champions of Tempus AI (TEM). Not anymore
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