Viavi Solutions stock has surged 243 percent over the past year.
Insiders have sold $26.51 million worth of stock in just the last 30 days, with zero purchases.
Here's what nobody is talking about:
HE FOUND THE STARTUP OPPORTUNITY BELOW $10,000
In May 2023, his team was getting hit with too many small client projects. They were real problems, but too cheap for the old agency model — so he started looking for a faster way to build.
00:03 - The pressure: too many projects coming in, not enough team capacity to handle them the traditional way.
00:32 - The breakthrough: anything below $10,000 was too small for normal development, but perfect for no-code and AI execution.
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Following Intel’s $23 billion oversubscribed capital raise, I’m grateful to everyone who has reached out with messages of support and confidence in our future. Thank you, @adenatfriedman and @Nasdaq, for helping us mark this important moment for Intel. We are building a new @intel - more focused, more disciplined and moving with greater speed. The work continues, and I’m excited about what lies ahead!
A significant portion of US corporate software spending is going to waste.
Companies are now spending close to $10,000 per employee per year on software costs in the US.
Meanwhile, ~33% of these software purchases are never used.
At a company with 1,000 employees, unused software alone can represent more than $3 million in annual waste.
As software becomes a larger share of corporate spending, managing these costs is quickly becoming a major source of margin improvement.
Software spending cuts are likely coming soon.
🇺🇸 The S&P 500 just hit a new all-time high and broke 7,800 for the first time in history.
Meanwhile, Bitcoin is down -50% from ATH.
What the fuck is happening here?
Saudi Aramco estimates the world lost 2.6 billion barrels of oil since the US-Iran conflict began, erasing about 25 days of pre-war global consumption https://t.co/IzAP2go5ZJ
Iran blew up 2 tankers... Naturally, oil is down.
Possible oil leaks from the tankers should contribute to the historic oil glut.
If this goes on, we'll be swimming in oil, guys.
🗞️ Need to catch up on the news? Here's our top 10 from today:
🔸 The SEC's tokenization innovation exemption has been further delayed, possibly tied to ongoing back-and-forth over the Clarity Act's tokenization section, per Eleanor Terrett.
🔹 VanEck says Bitcoin is "approaching a cyclical bottom," with near-bottoming signs that may warrant investors beginning to scale back in.
🔸 Trump-backed World Liberty Financial delays plans to sell a digital token tied to a Maldives resort, as the Iran war disrupts regional travel, per Bloomberg.
🔹 Elon Musk discloses a 48.4% stake in SpaceX, worth over $900 billion, per regulatory filing.
🔸 Ethereum Foundation researcher Justin Drake announces the EF is dropping Poseidon in favor of SHA or BLAKE hashes.
🔹 The SEC abruptly canceled Friday’s vote on proposed crypto exemptions for startup fundraising, citing an unforeseen scheduling issue.
🔸 The White House is expected to host crypto and prediction market executives next Wednesday, one day before the CFTC’s Innovation Advisory Committee meeting.
🔹 The S&P 500 hits 7,800 for the first time in history.
🔸 The CFTC will discuss crypto regulation, AI agents and prediction markets at its inaugural Innovation Advisory Committee meeting on Aug. 20.
🔹 Japan’s government reportedly backs a BOJ rate hike as soon as next month, per Bloomberg.