Nora 🦋

Curator of Random Thoughts & Erratic Activities, with a heart that falls too softly 💞 || DM 📥 for Pr/Ads || RT not Endorsement.

[Nora 🦋 @Nora_pics]

Good morning grinder's ☀️ 💥

Just say - GM

We follow you 🥶 🥶

#FolloForFolloBack #FollowBack
#follobackforfolloback #Follow4Follow
#FollowforFollow

[Nora 🦋 @Nora_pics]

@Ross__Hendricks euphoria

[Nora 🦋 @Nora_pics]

@Financhle 👀👀👀

[Nora 🦋 @Nora_pics]

@Financhle might be short put. bullish

[Nora 🦋 @Nora_pics]

@QQQ275Soon U legit sold at bottom I think 😭 At 915 now

[Financhle @Financhle]

After countless months of exposing X user @OptionsBuffett’s pump and dump schemes, we are incredibly happy to report that their account has been officially suspended. Thank you to everyone who helped spread the word alongside us. The fintwit community is a much safer place without him.

[Barefoot Student @BarefootStudent]

The college degrees considered safest from AI disruption, per Forbes.

1. Nursing
2. Computer Science
3. Accounting
4. Civil Engineering
5. Mechanical Engineering
6. Electrical Engineering
7. Physical Therapy
8. Cybersecurity
9. Data Science
10. Education
11. Finance
12. Healthcare Administration
13. Human Resources Management
14. Construction Management
15. Social Work

[Lazy Canadian Entrepreneur @JimChuong]

To spend $230k on an MBA is a massive waste of money.

[Nora 🦋 @Nora_pics]

@itsjcmerlo 0dte MU. Too scary for me. All the best tho JC

[Nora 🦋 @Nora_pics]

@itsjcmerlo oof -25% in 48 hours

[Nora 🦋 @Nora_pics]

@GroupFinom what a cu*k

[Ross Hendricks @Ross__Hendricks]

Friendly reminder... this chart below is why Anthropic's ARR disappointed, and why they're rushing to dump the IPO onto retail bagholders

It's also why Jensen Huang is backstopping $500B in bagholder loans to new GPU buyers

The great AI Commodification is officially here

[Nora 🦋 @Nora_pics]

@itsjcmerlo Follow Han - master of GEX gamma read. He predicted INTC $97.50 lit up few days ago, JC

[Brew Markets @brewmarkets]

What a chart.

[Leopold Stock Tracker @LeopoldTracker_]

Breaking: Leopold Aschenbrenner holds the record for biggest trading loss of all time, per FT

[Kalshi Finance @Kalshi_Finance]

JUST IN: Nearly 75% of active fund managers failed to beat the S&P 500 over the last 12 months, per WSJ

[Hany Girgis @SanDiegoKnight]

This one is heartbreaking.

He spent 25 YEARS at Adobe.

Senior Software Quality Engineer.

More than 15 years of quality engineering experience.

Laid off in August 2025.

Then he spent more than a year looking for another job in tech.

Applications filtered out.
Recruiters ghosted him.
Interviews that never happened.

Eventually, he gave up.

His next career?

Driving a school bus.

There is absolutely nothing wrong with driving a school bus. It’s important, honest work.

But something is deeply broken when an American with 25 years at one of the world’s premier software companies can’t find another job in tech while we’re simultaneously told America has such a shortage of tech talent that employers need hundreds of thousands of foreign-worker positions.

This is what gets lost in the H-1B debate.

These aren’t statistics.

They’re people.

Before we search the world for another tech worker, shouldn’t Americans like him at least get a fair shot?

[Ricardo @Ric_RTP]

OpenAI is falling apart right now.

9 of their most important leaders have left the company recently, and Altman is about to ask the public to buy the stock.

2 of them even walked out within 72 hours of OpenAI handing its own staff $7 billion in cash...

On Monday, August 10, OpenAI completed a deal letting current and former employees sell roughly $7 billion worth of their shares. The price valued the company at $852 billion, the exact same number as its March funding round.

On Tuesday, August 11, Brad Lightcap announced he was leaving after 8 years. He spent 4 of them as chief financial officer, then ran the company as chief operating officer from 2022 until April. He worked alongside Sam Altman at Y Combinator before OpenAI existed.

On Thursday, August 13, chief revenue officer Denise Dresser announced she was leaving. She was hired in December from Salesforce, where she had been the CEO of Slack. In April she took over most of Lightcap's responsibilities. She lasted 8 months.

The cash window opened Monday. By Thursday both executives who ran the business side were gone.

But what's interesting is who actually wrote the $7 billion cheque:

Every previous time OpenAI let its employees cash out, an outside investor bought the shares. In October, Thrive Capital, SoftBank and others put up $6.6 billion at a valuation near $500 billion. There was a $1.5 billion version of the same deal in 2024.

This time OpenAI bought the shares back itself, using its OWN money.

So no outside investor put a single dollar behind that $852 billion price. The company named its own number and then paid it.

This is a business generating around $2 billion a month while losing roughly $1.22 for every single dollar it earns.

And it just spent $7 billion of that cash buying its own stock at a number no third party ever tested.

Here is the full list of the people who left since April:

- Bill Peebles, who ran the Sora video app
- Kevin Weil, vice president of OpenAI for Science
- Srinivas Narayanan, technology chief of B2B applications
- Kate Rouch, chief marketing officer
- Josh Achiam, chief futurist, after nearly nine years
- Johannes Heidecke, head of Safety Systems
- Chloe Bakalar, the only person at OpenAI whose entire job was ethics
- Brad Lightcap
- Denise Dresser

Bakalar left in July. OpenAI never announced it, and NOBODY has replaced her.

Fidji Simo stepped down the same month, and two thirds of the organization had been reporting to her.

Greg Brockman absorbed most of her job. He also introduced Dresser's replacement this week, a Wiz executive named Dali Rajic.

OpenAI filed its IPO paperwork confidentially on June 8. The full prospectus, the one with audited financials in it, still has not appeared.

So the order of operations is worth sitting with...

File the paperwork in June. Buy your insiders out in August at a price you set yourself. Watch the people who built the commercial side leave that same week. Then show the public the books.

Retail investors will see those numbers for the first time in a document written after every one of these people had already made their decision.

Sam Altman told staff in June that he expects to go public within the next year. Reporting since then has pointed at 2027 instead, and a tender offer of this size is usually what a company does when the listing is not close.

Here is what I think happens next:

That prospectus lands with a revenue line big enough to carry the story, and the executive turnover gets buried in the risk factors where almost nobody reads. The people who priced OpenAI at $852 billion this month were the same people who took the money out of it; and the next set of buyers will not get that arrangement.

[adil kt @Adilkit03]

@coninvestment @burrytracker He’ s not a gambler , he may be right but the timing is wrong , because AI companies turn the money between them in a circle , a lot of loans for AI infrastructure , which is something may create a bubble in long term if the returns of AI companies disappoint investors

[litquidity @litcapital]

Dario Amodei after scrubbing the entire internet of his wife’s past only for an insane WSJ profile to drop exposing his wife’s ties to Epstein and him getting cucked by Eric Schmidt two months before Anthropic’s IPO

[Michael Burry Stock Tracker ♟ @burrytracker]

Breaking: Citadel Advisors just filed its Q2 2026 13F

Here's everything you need to know about the recent 13F

Top 10 positions:
• SPDR S&P 500 ETF $SPY [Call] (4.1%)
• Invesco QQQ Trust $QQQ [Put] (3.0%)
• Invesco QQQ Trust $QQQ [Call] (2.7%)
• SPDR S&P 500 ETF $SPY [Put] (2.7%)
• Micron Technology $MU [Put] (2.5%)
• Micron Technology $MU [Call] (1.9%)
• Tesla $TSLA [Call] (1.6%)
• iShares Core S&P 500 ETF $IVV (1.5%)
• Nvidia $NVDA [Call] (1.4%)
• SanDisk $SNDK [Put] (1.3%)

Top 10 new positions (by $ size):
• SpaceX [Call]
• SpaceX [Put]
• Roundhill Memory ETF $MEM [Call]
• SpaceX (equity)
• Roundhill Memory ETF $MEM [Put]
• Cerebras Systems (equity)
• Madison Air Solutions
• Cerebras Systems [Call]
• Cerebras Systems [Put]
• Quantinuum

Top 10 full exits (by prior $ size):
• Western Digital note
• Live Nation note
• Coterra Energy $CTRA
• Clearwater Analytics $CWAN
• Honeywell $HON [Call]
• Terns Pharmaceuticals $TERN
• Carnival $CCL [Put]
• Honeywell $HON [Put]
• Carnival $CCL (equity)
• Honeywell $HON (equity)

Summary: Citadel's book grew 41.5% to $875.1B this quarter