All these stocks hit new 52 WEEK HIGHS at some point today
American Airlines Gp $AAL
Blackberry Ltd $BB
Banco $SAN
CSX $CSX
Johnson Controls $JCI
U.S. Bancorp $USB
Palo Alto Networks $PANW
Viasat Inc $VSAT
Oscar Health Inc Cl A $OSCR
Moderna Inc $MRNA
Guardant Health Inc $GH
Centene Corp $CNC
Webster Financial $WBS
Fifth Third $FITB
Old National $ONB
Siriusxm $SIRI
Citizens Financial $CFG
Okta $OKTA
Fortinet $FTNT
Franklin Resources $BEN
Corteva $CTVA
F.N.B. $FNB
Monster $MNST
Iridium $IRDM
Levi Strauss $LEVI
Associated $ASB
Columbia $COLB
Live Nation $LYV
Msc Industrial $MSM
Regal Rexnord Corp $RRX
Crowdstrike $CRWD
US Foods Holding $USFD
Welltower $WELL
Masco $MAS
Equity Residential $EQR
Linde $LIN
Aramark Holdings Corp $ARMK
Illumina Inc $ILMN
Kulicke and Soffa $KLIC
Eastern Bankshares Inc $EBC
Hinge Health $HNGE
Performance Food $PFGC
Natera Inc $NTRA
Atlantic Union $AUB
Sharkninja $SN
Chubb $CB
Twist Bioscience $TWST
Humana $HUM
Electronic Arts $EA
Stanley Black & Decker $SW
This might be something ✍️
6 politicians have bought Meta this year and haven't sold:
• Rick Larsen (D)
• Cleo Fields (D)
• Gilbert Cisneros (D)
• Julia Letlow (R)
• Michael McCaul (R)
• John McGuire (R)
Cleo Fields stands out the most
He bought up to $350,000 worth of $META in January and February
That's potentially 2x his annual congressional salary of $174,000
JUST IN: Meta $META will sell excess AI compute, competing with major cloud companies like Amazon $AMZN, Microsoft $MSFT, and Google $GOOGL
Neocloud stocks are falling on the news 🩸
🟢 $META +7%
🔴 $CRWV -10%
🔴 $NBIS -15%
JUST IN: Meta $META will sell excess AI compute, competing with major cloud companies like Amazon $AMZN, Microsoft $MSFT, and Google $GOOGL
Neocloud stocks are falling on the news 🩸
🟢 $META +7%
🔴 $CRWV -10%
🔴 $NBIS -15%
$META is reportedly developing a cloud business to sell access to excess AI compute, per Bloomberg.
The internal initiative is called Meta Compute.
The plans being considered:
AI model access hosted on Meta infrastructure, similar to AWS Bedrock
Raw AI compute capacity, closer to CoreWeave
Developer access to Meta’s data centers, chips, and models
BREAKING: US M2 money supply surged +$247.8 billion in May, to a record $23.1 trillion.
This marks the largest monthly increase since May 2021.
Year-to-date, M2 has soared +$698.6 billion, the largest January to May increase in 5 years.
Money supply now stands $1.3 trillion above the March 2022 peak.
Since 2000, money in circulation has grown at an average annual rate of +6.3%.
US money creation is accelerating.
Microsoft $MSFT is planning another round of job cuts next week, impacting thousands of roles, per Business Insider.
The cuts are expected to include sales, consulting, and Xbox roles, and will reportedly affect less than 2.5% of Microsoft’s 220,000-person workforce.