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Meta Lays off hundreds of employees
SpaceX reportedly could file for an IPO this week.
Meta told to pay $375m for misleading users over child safety
Super Micro sued by shareholders over China-related criminal case against co-founder, others
Microvast ($MVST): I spent Monday night reading mortgage filings in a Florida county clerk database. Here’s why.
Microvast. $1.60 stock. $427M revenue. $530M market cap. 36% gross margins ex-impairment. Positive operating cash flow and free cash flow. The CEO gets on an earnings call, says two words, and hangs up. I’ve written 17 articles on this company. The 18th one kept me up until 3 AM pulling …
Jury awards $3M in social media addiction case, finds Meta 70% and YouTube 30% liable in landmark negligence verdict
Source: [https://www.nbcnews.com/tech/tech-news/verdict-reached-landmark-social-media-addiction-trial-rcna263421](https://www.nbcnews.com/tech/tech-news/verdict-reached-landmark-social-media-addiction-trial-rcna263421) A jury found Meta and YouTube negligent in the design or operation of their social media platforms, producing a bellwether verdict in the first lawsuit to take tech giants to trial for social media addiction. The jury stated that Meta's and YouTube's negligence were a substantial factor in …
Attempted SPY puts YOLO $27k w/ margin
Entered SPY 656 0dte puts at 10:10 AM. Bought 100 @ 1.75 and saw no upside. Bought 85 @ 1.15 as an avg in. 1.47 overall. At 10:45 they were worth .89 -38% -$10,400. Knew the drop was coming and wanted minimum of 2.00, however I was using margin and …
Jury in Los Angeles finds Meta, YouTube negligent in social media addiction trial
$ZM - Best Anthropic Play, Trades Below Nav.
Here's my napkin maths. This move in VCX because of their exposure to Anthropic.. then you have people pumping that Orb nonsense because of its exposure to inferior OpenAI. Yet $ZM, yes, Zoom Video owns a 1% stake in Anthropic due to its early investment in 2023. In fact, it …
The SoFi Fair Value Debate: Why SoFi Could End The Debate Right Now By Complying with GAAP
I have a negative position in SoFi and this is not financial advice. We've heard a lot of back and forth over the years regarding the validity of SoFi's fair value adjustments. One critical piece that has been overlooked is that SoFi has long had the ability to effectively resolve …