The market is absolutely rebounding after hours👀
$ALAB, $DELL, $CRWV, $NBIS, $SMCI, $SPCX
AI is having infrastructure plays coming back to normal. The only question I have is how long this can last.
Are we going to see a full rebound or is this temporary?
58% PREMIUM. 🔥
That’s what $CRM is paying to acquire $BRZE
Deal value: $5.66 BILLION
Braze shares surged more than 50% TODAY
Salesforce is buying real-time customer engagement and AI-powered marketing technology
$6 BILLION. 🤯
That’s the spending milestone in $AMZN expanded agreement with $MMM
Amazon is buying optical connectivity and other data center products.
$MMM surged 5.8% TODAY
AI infrastructure spending is reaching companies most investors never associated with the AI trade.
$7.6 BILLION in AI revenue. 🤯
That’s what $SPCX just generated in ONE quarter.
Total revenue: $14.58B, +161%
Net profit: $4.4B
AI is now generating MORE revenue for SpaceX than its satellite connectivity business.
SpaceX isn’t just a rocket company anymore.
$330 MILLION.
That’s Berkshire Hathaway’s latest investment in $BSP
The stock exploded 41% TODAY. 🔥
Bending Spoons owns businesses including:
AOL
Vimeo
Evernote
WeTransfer
Berkshire has now invested $930M in the company
Greg Abel is making some aggressive technology bets
2030. 🤯
That’s how far ahead some customers are looking to secure $ASML chipmaking equipment.
Q3 revenue: €11.7 BILLION
Full-year revenue guidance: €44B to €45B
Meanwhile, semiconductor stocks are getting crushed.
Wall Street just isn’t rewarding everyone for it anymore.
$CRWV -15%
$NBIS -10%
$ORCL -8.8%
$DELL -11.4%
Nearly $80 BILLION in combined market value erased😳
And here’s the scary part…
One CoreWeave bond now yields around 15%
AI demand hasn’t disappeared
The market is questioning how the massive data centers will be financed
3.7% inflation vs 3.6% expected😬
Core inflation: 2.6% vs. 2.5% expected
Gas prices jumped 9.1% in 1 MONTH
October Fed hike odds surged from 22% to 37%
Nasdaq: -1.88%
Market wanted confirmation inflation was light
Instead, it got another reason to fear higher interest rates
$6.44 BILLION.
That’s how much $GS generated from equities trading in ONE quarter. 🤯
+72% year over year.
Earnings per share:
Expected: $13.02
Actual: $17.01
While investors struggled with market volatility, Goldman was making billions helping them trade through it.
The memory trade is getting SMOKED
SK Hynix: -10%
Samsung: -7.4%
$MU : -3.6%
This is getting ugly. 😬
Reports of a memory-chip breakthrough from China’s CXMT are raising fears of
Investors are suddenly questioning how long today’s extraordinary memory profits can last.
$1.21 BILLION😳
That’s how much U.S. regulators just penalized $BAC
The reason?
The bank failed to report more than $5 BILLION in suspicious
The largest EVER imposed by the OCC
And here’s the timing…
Bank of America reports earnings TOMORROW.