@TicTocTick All for a counter narrative to the sheep, but Vance??
He's been the kiss of death to wherever he's been deployed of late. If that's the story...it's not a good one.
@OffshoreHODL $BTC was such an elegant solution for so long but the Quantum fork is real and just because someone did a good job quieting the storm today...we're far from past it.
$PATH Q4 EARNINGS
β’ Revenue $481M vs Est. $465M
β’ EPS $0.30 vs Est. $0.25
β’ Net Retention Rate 107%
β’ ARR $1.85B (+11% YoY)
β’ Net new ARR: $70M
FY27 Guidance
β’ Revenue $1.76B vs Est. $1.74B
Announces new $500M stock repurchase authorization.
@iv_technicals The most logical evolution of quant trading is that down days will be more sector and stock specific while the broader market squishes up...max chaos when the hedges stop working. πβ οΈ
π¨πΊπΈ ELON SCORES MAJOR WIN: JUDGE SAYS "PLENTY OF EVIDENCE" OPENAI BROKE ITS PROMISES, SENDS CASE TO JURY TRIAL
Sam Altman's worst nightmare is heading to a courtroom.
A federal judge ruled Wednesday that Elon's lawsuit against OpenAI can proceed to a jury trial in March, rejecting OpenAI's attempt to throw out the case.
US District Judge Yvonne Gonzalez Rogers:
"There is plenty of evidence suggesting OpenAI's leaders made assurances that its original nonprofit structure was going to be maintained."
The backstory:
Elon co-founded OpenAI in 2015 and contributed roughly $38 million, about 60% of its early funding, based on assurances it would remain a nonprofit dedicated to public benefit.
He left in 2018.
Since then, OpenAI cut multibillion-dollar deals with Microsoft and restructured toward for-profit status.
The accusation:
Elon alleges Sam Altman and Greg Brockman plotted the for-profit switch to enrich themselves, betraying OpenAI's founding mission.
OpenAI's response:
They called Elon "a frustrated commercial competitor seeking to slow down a mission-driven market leader."
The judge disagreed.
Now a jury will decide.
Elon built xAI and Grok from scratch while fighting this battle.
Now he might prove in court what many suspected: OpenAI sold out.
March is going to be interesting.
Source: Reuters / NYP
@MarioNawfal Is this response to US not getting the most critical REEβs?
China is not going to loosen restrictions at this point on the most valuable REEβs Dysprosium (Dy) and Terbium (Tb), which are heavies and Neodymium (Nd) and Praseodymium (Pr) which are light rare earth elements.
Details on rare earths REE part of the China/US trade deal donβt look very good.
The US wonβt be getting the most critical REEβs, those remain on Chinaβs restricted list detailed by @MarioNawfal
China is not going to loosen restrictions at this point on the most valuable REEβs Dysprosium (Dy) and Terbium (Tb), which are heavies and Neodymium (Nd) and Praseodymium (Pr) which are light rare earth elements.
Got REE stocks with those deposits?
$USAR $IDR π
What publicly traded companies am I missing that have those REEβs?
πΊπΈπ¨π³ U.S. TO GET RARE EARTHS FROM CHINA... JUST NOT THE RAREST
After a year-long metals cold war, Chinaβs finally agreed to start shipping 3 key materials, gallium, germanium, and antimony, back to the U.S.
It's all part of a trade peace deal announced after Trump and Xiβs big summit last week.
These metals are super important for stuff like semiconductors, defense tech, and your phone.
China banned them in December 2024 to stop βmilitary use,β freaking out everyone and their mother back in the U.S.
Now, the White House says China will hand out general licenses, letting U.S. companies buy them again.
But there's a catch, as there always is whenever dealing with China.
Xiβs still holding tight on the most important ones, so donβt expect a full metal comeback just yet.
Sources: Bloomberg
@allthingsf74065 The question now is will the US Administration save face by not investing in more REE companies $USAR, $IDR, $ARRNF, $NB and the like or will pragmatism win out?