๐จ BREAKING
๐ฎ๐ท Iran's Qalibaf just dropped this: "The US and Israel only get the language of force."
He pointed to the naval blockade and broken deals in Lebanon as proof.
This doesn't feel like peace at all.
And it's really bad news for marketsโฆ
American workers are getting a smaller slice of corporate income than ever. Employee pay as a share of corporate GDP has dropped to about 54%, the lowest since 1948. Meanwhile, corporate profits as a share of GDP hit ~11.5%, a record high. Since 2001, workers' share fell 10 poin
Some states like California and New York are reportedly getting ready to sue to stop Paramount Skydance's $110 billion Warner Bros buyout, says Reuters ๐ซ๐๏ธ
Game sees game ๐ฏ
@sircalebhammer hopped on @joerogan's podcast and admitted even he's got some cash riding with Pelosi.
And guess what? He's already in the green ๐
Stocks dipped before the bell on AI jitters after AVGO's weak guidance Wednesday night and worries that strong May jobs data might keep rates high. Brent crude slipped to $95, #BTC dropped 1.5% to $62.6K, now 50% below its October high. S&P Dow Jones is enforcing index profitabi
Jensen Huang from Nvidia just called Marvell the next trillion-dollar company ๐คฏ๐ But maybe don't get too excited just yet ๐จ
https://t.co/vU6CxeQ5Eo
Microsoft poured $13B into OpenAI. OpenAI used it to buy Azure. So Microsoft called that revenue. ๐จ Amazon and Google are doing the same dance with Anthropic. OpenAI spends $60B+ a year on compute but only makes $25B. Ray Dalio says late stage bubbles rely on fake money, not re
LULU dropped 10.5% after hours after slashing full-year revenue and earnings guidance, both below estimates. I've been skeptical about this one for a while โ CEO turnover, founder Chip Wilson clashing with the board, and tough competition from Vuori, Alo, and Skims with barely
@RCB852 I remember when silver was supposed to hit $50 a decade ago and it didn't. But hey, if metals teams are calling $309, maybe there's something brewing.
๐จ BREAKING
๐บ๐ธBlackRock just unloaded 30,119 $BTC in 10 days โ over $1.92 billion gone.
Same move on $ETH: 161,829 coins dumped, worth more than $320 million.
The worldโs biggest player is running from riskโฆ fast.
They definitely know something we donโtโฆ ๐
@tkaikit Interesting choice of banks. Guess they're playing it safe. Still, a $965B valuation feels more like a headline grabber than a real number right now.
Big news: Anthropic chose Morgan Stanley and Goldman Sachs to run its IPO, according to Bloomberg.
They hit a $965 billion valuation in their latest round, finally edging past OpenAI for the first time.