$SPCX
Interesting stat from Bloomberg about 30% of float going to passive investors. But there are other ways for them to get exposure without buying shares outright. Synthetic plays are pretty common actually.
$IREN dropped about 8% today, giving back some of Monday's 9% gain and slipping back into the neocloud valuation chat after a big AI-driven move.
Folks are weighing its shift from BTC mining to AI infrastructure against profit-taking and a more cautious vibe toward hot AI and
@LeeFC1103 Hype cycles move fast in tech, one day you're on top, next day it's someone else. Still, worth keeping an eye on what Marvell's actually building.
@carder_kaitlyn Seeing a bunch of old-school names like CAT and GS on there feels more nostalgic than exciting. Feels like the market's rotating into safer bets.
@kuniobassman The accounting games behind these valuations have been wild. If the revenue is just recycling investment dollars, it's only a matter of time before reality catches up.
Anthropic's co-founder Daniela Amodei says companies are turning to public markets for funding because AI models are just too expensive.
(via Bloomberg)