Posts | Rating | |
| Investor letter: Elliott Management says megacap tech stocks, particularly Nvidia, were in "bubble land", and AI is "overhyped" an |
0 user ratings | 2024-08-05 13:59:53
By: milo |
| Sources: Chinese generative AI startup Moonshot raised $300M+ at a $3.3B valuation from Tencent, Alibaba, and others, after raising $1B in February 20 |
0 user ratings | 2024-08-05 11:27:10
By: milo |
| Investor letter: Josh Kushner says Thrive Capital raised $1B early-stage and $4B late-stage funds, its largest-ever pair of funds, after backing OpenA |
0 user ratings | 2024-08-05 11:15:41
By: milo |
| AI chip startup Groq raised a $640M Series D led by BlackRock at a $2.8B valuation, up from $1B after raising $300M in 2021, and adds an Intel executi |
0 user ratings | 2024-08-05 11:10:11
By: milo |
| Infineon reports Q3 revenue down 9.5% YoY to €3.7B, below €3.79B est., and €2.11B in automotive chip sales, down from & |
0 user ratings | 2024-08-05 10:47:47
By: milo |
| CrowdStrike says Delta CEO Ed Bastian failed to respond to an assistance offer from CEO George Kurtz; CrowdStrike hopes Delta will "agree to work |
0 user ratings | 2024-08-05 10:13:01
By: milo |
| Music streaming has exited its high-growth era, as big streaming services pick up fewer new subscribers, causing revenue shortfalls for music labels ( |
0 user ratings | 2024-08-05 08:43:05
By: milo |
| An investigation finds an active trade in Nvidia chips in China despite US restrictions; some military-tied Chinese organizations have bought restrict |
0 user ratings | 2024-08-05 08:09:46
By: milo |
| Mynt, the parent company of Philippines-based e-wallet GCash, more than doubled its valuation to $5B after investments from Ayala and Mitsubishi UFJ F |
0 user ratings | 2024-08-05 08:09:45
By: milo |
| Despite a weak earnings report, corporations are still buying from Intel, which continues to dominate market share for non-AI computing workloads on s |
0 user ratings | 2024-08-05 01:33:12
By: milo |
| Mynt, the parent company of Philippines-based e-wallet GCash, more than doubled its valuation to $5B after investments from Ayala Corp, Mitsubishi UFJ |
0 user ratings | 2024-08-04 23:27:10
By: milo |
| An investigation finds an active trade in Nvidia chips in China despite US restrictions; some Chinese orgs with state military ties have bought restri |
0 user ratings | 2024-08-04 17:16:41
By: milo |
| Apple Services Q3 revenue topped Mac, iPad, and wearables combined and may soon exceed hardware profits, but its services can't ever have priorit |
0 user ratings | 2024-08-04 09:51:13
By: milo |
| Filings: Warren Buffett's Berkshire Hathaway slashed its stake in Apple by 50% in Q2, following a 13% cut in Q1, leaving it with a position wort |
0 user ratings | 2024-08-03 16:59:46
By: milo |
| Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment |
0 user ratings | 2024-08-03 15:15:04
By: milo |
| Sources: Meta is offering Hollywood celebrities like Judi Dench millions of dollars for the right to use their voices for AI projects; SAG-AFTRA agree |
0 user ratings | 2024-08-02 21:41:16
By: milo |
| Sources: Meta is offering Hollywood celebrities millions of dollars for the right to use their voices for AI projects; SAG-AFTRA has agreed to a deal |
0 user ratings | 2024-08-02 21:30:43
By: milo |
| An Indian tribunal orders a halt on insolvency proceedings against Byju's, allowing Byju's to settle a $19M payments dispute with the Indian |
0 user ratings | 2024-08-02 21:25:13
By: milo |
| Investors sued CrowdStrike over false claims about its Falcon platform |
0 user ratings | 2024-08-02 20:56:33
By: milo |
| Sources: Revolut has told staff it is launching a sale of up to $500M worth of existing shares at a $45B valuation; former employees are ineligible (A |
0 user ratings | 2024-08-02 18:57:07
By: milo |
| Character.AI told staff that investors will be bought out at a valuation of 2.5x its $1B 2023 valuation, and it plans to adopt open-source models for |
0 user ratings | 2024-08-02 18:46:14
By: milo |
| Nintendo reports Q1 revenue down 46.5% YoY to $1.65B, vs. $1.92B est., net profit down 55.3% YoY to $536M, and Switch sales down 46% YoY to 2.1M un |
0 user ratings | 2024-08-02 15:29:43
By: milo |
| Sources: the US DOJ is investigating Nvidia's acquisition of Run:ai, a Tel Aviv-based startup that enables virtualization of GPUs, on antitrust g |
0 user ratings | 2024-08-02 15:06:13
By: milo |
| An Indian tribunal orders a halt on insolvency proceedings against Byju's, days after Byju's settled a $19M payments dispute case with the I |
0 user ratings | 2024-08-02 12:54:47
By: milo |
| Zomato's stock rose as much as 19% on August 2 after it reported Q1 profits up 125x to $30.2M, vs. $238K a year ago; Zomato's shares gained |
0 user ratings | 2024-08-02 11:18:01
By: milo |