Tech
Sam Altman has proposed giving the U.S. government a 5% stake in OpenAI worth $42.6 billion. We examine what this means for AI ownership, government industrial policy, and the future relationship between Washington and Silicon Valley.
News
Alphabet's addition to the Dow Jones Industrial Average marks a symbolic shift in the American economy. Here's what the index swap tells us about where economic power now resides.
Tech
Sam Altman has declared a $1 trillion valuation non-negotiable for OpenAI's IPO, leading the company to delay its public debut until 2027. Following SpaceX's post-IPO stock decline, the market's appetite for trillion-dollar AI valuations is being tested.
News
Ryan Cohen is pressing forward with GameStop's unsolicited $56 billion bid to acquire eBay, even after the board rejected the offer. He's removed his own pay package and pledged $500 million of personal capital. But can a $10 billion company really finance a $56 billion acquisition?
Tech
There is a phrase that captures the scale of what Apple disclosed on Thursday: "hundred-year flood." That is how Tim Cook, Apple's outgoing chief executive, described the global memory chip shortage to The Wall Street Journal - a crisis so severe, so fast-moving, and so
Tech
Micron reported $41.5 billion in quarterly revenue - up 346% year over year - and guided Q4 to $50 billion. On the same day, SK Hynix announced a $29.4 billion US Nasdaq listing. Together, the two events make the strongest case yet that AI memory demand is structural, not cyclical.
Tech
Macro
On Monday morning, Beijing fired a carefully calibrated shot across the bow of Washington's defense and technology establishment. China's Commerce Ministry placed 10 American companies on its export control list, barring them from receiving any dual-use items originating in China. Simultaneously, the Finance Ministry excluded
News
There is a number that captures the audacity of what SpaceX did this week: 20. That is how many billion dollars the company is preparing to raise in its first-ever investment-grade bond sale - less than two weeks after completing the largest initial public offering in history. The rocket
Tech
SpaceX surpassed Amazon's market capitalization in just three days after its IPO debut, raising critical questions about valuation mechanics, index inclusion dynamics, and whether the market is pricing transformative technology or speculative fervor.
Tech
There is a number that captures the audacity of Fox Corporation's latest move better than any press release: 100 million. That is how many households use Roku's streaming platform - a captive audience that Lachlan Murdoch just agreed to pay $22 billion to access. The deal, announced
Tech
There is a number that has been haunting Oracle's stock price for months: $553 billion. That is the size of Oracle's remaining performance obligations at the end of its fiscal third quarter - a backlog so large it would rank among the top 20 companies in the