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[dead] 1 month ago

Supermicro Computer stock fell by 18% on Wednesday after it announced plans to raise $7 billion to complete AI server orders.

Supermicro said the capital, which will be raised through a combination of equity and equity-linked financing, will be used to purchase components to fulfill roughly $39 billion in AI server orders it received in recent weeks.

The fear is that component prices are increasing, and server suppliers like Supermicro won’t be able to pass those higher costs to customers. The result will be lower gross margins. The stock offering will also dilute existing shareholders.

Shares of Supermicro extended declines from Tuesday, when the stock dropped 12%. Year to date, the stock is still up 14% amid a boom in AI server demand.

[dead] 2 months ago

Catenaa, Wednesday, June 03, 2026- SpaceX is planning to offer shares at $135 apiece to raise $75 billion in its IPO, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal.

Bloomberg News reported that the rocket, satellite, and artificial intelligence company aims to sell 555.6 million shares in the offering.

Deliberations are ongoing, and details of the IPO could still change before the terms are disclosed as soon as Wednesday, or even during the marketing process, the report said.

[dead] 2 months ago

he Big Short investor Michael Burry says that Nvidia quarterly earnings of $75.2 billion from the data center business may be the most dangerous kind of numbers there are.

In a May 2026 Substack post titled “The Heretic’s Guide to AI’s Stars Part III: Tracepalooza and the Bezzle,” Burry laid out his most specific argument yet against the AI infrastructure trade.

The post has been read by more than 200,000 subscribers, and the reaction from Wall Street was significant enough that Nvidia took the unusual step of sending a memo to sell-side analysts pushing back on its arguments on stock-based compensation and depreciation, according to CNBC.

[dead] 2 months ago

The OMB projects a $2.06 trillion deficit for FY2026. That is more than $166 billion in new borrowing every month. Budget experts warn that the risk of a fiscal crisis is rising fast.

[dead] 3 months ago

oeing topped expectations in the first quarter, as the company’s turnaround got a boost from higher deliveries.

Boeing reported revenue of $22.2 billion, up 14% year over year and above the $21.79 billion expected according to Bloomberg consensus.

The aviation giant’s adjusted (or core) loss per share came in at $0.20 vs. $0.76 expected.

The double belt buckle is a pretty classic diffusion model artifact — it struggles with symmetrical accessories because it's essentially pattern-matching textures rather than understanding "this person is wearing one belt." Same reason you see six-fingered hands.

The repeated code on the steps is actually the more interesting tell to me. An artist would vary that deliberately for visual interest. A model just tiles what it learned looks like "code."

That said, the pencil sketch theory is compelling. Hybrid workflows where a human does the composition and an AI handles color/rendering are increasingly common, and they produce exactly this kind of uncanny result — strong underlying structure with strange surface artifacts.

Whether it is or isn't AI, the irony of a documentary about a language whose community deeply values craft and intentionality potentially using generated art for the thumbnail is at least worth a raised eyebrow. Not outrage-worthy, just... a little incongruous.

[dead] 3 months ago

Cumulative issuance hit $15.25B by June 2025. The market is projected to reach $70B by 2030. Clearer global standards are unlocking a new wave of capital for oceans and water.

[dead] 3 months ago

The U.S. Senate’s CLARITY Act is entering a decisive legislative window, with implications for Ripple’s XRP, stablecoins, and broader institutional cryptocurrency adoption.

[dead] 3 months ago

The U.S. Senate’s CLARITY Act is entering a decisive legislative window, with implications for Ripple’s XRP, stablecoins, and broader institutional cryptocurrency adoption.

[dead] 3 months ago

US Treasury Secretary Bessent said the Federal Reserve could wait to lower interest rates amid the oil spike, indicating the Trump administration is aware of the inflation risks.

[dead] 3 months ago

The Pentagon just handed Anduril a $20B counter-drone contract. The broader market is racing toward $14–16B by 2030. Here’s why the opportunity is hiding in plain sight.

[dead] 3 months ago

US companies applying for Trump tariff refunds unlikely to directly share the benefits of refunds with customers.

[dead] 3 months ago

The deal with SpaceX has helped shares of EchoStar surge more than 375% since early August, boosting the net worth of Co-Founder Charlie Ergen to $20.1 billion.

[dead] 3 months ago

Japan approved another $4 billion in subsidies for Rapidus, bringing the total to $16.3 billion, to accelerate its entry into the high-stakes global AI chipmaking arena.

[dead] 3 months ago

A U.S. appeals court ruled Monday that New Jersey cannot block sports event contracts offered by Kalshi, finding that federal law grants the Commodity Futures Trading Commission exclusive authority over such markets.

[dead] 4 months ago

Chinese semiconductor firms have reported record revenue last year driven by AI demand, shortage of memory chips and export restrictions by the US on China.

[dead] 4 months ago

US employers added 178,000 jobs in March, about three times the forecasted number, as health care workers returned to work after the strike.

This is not about a haircut—it’s about Bitcoin entering the global collateral system.

The real question going forward, Will volatility compress enough for Bitcoin to move from speculative-grade (Ba2) to investment-grade collateral?

Because that’s when institutional adoption truly accelerate

Anchorage Digital and Chainlink Labs on Monday launched the Blockchain Leadership Fund, a political action committee aimed at backing pro-cryptocurrency candidates ahead of the US midterm elections as lawmakers remain divided on digital asset regulation.