The astronauts joined president in Oval Office for a press conference, and it wasn’t long before he praised himself Donald Trump hosted the crew of the historic Artemis II lunar flyby mission at the White House on Wednesday. The four astronauts – commander Reid Wiseman, pilot Victor Glover and mission specialists Christina Koch and Jeremy Hansen – joined the president in the Oval Office for a cele...
The astronauts joined president in Oval Office for a press conference, and it wasn’t long before he praised himself Donald Trump hosted the crew of the historic Artemis II lunar flyby mission at the White House on Wednesday. The four astronauts – commander Reid Wiseman, pilot Victor Glover and mission specialists Christina Koch and Jeremy Hansen – joined the president in the Oval Office for a celebratory meeting and press conference. Continue reading...
The Day The Memecoin Dies Submitted by QTR's Fringe Finance I opened Twitter this morning and saw a photo of a group of guys, lanyards swinging, hoodies zipped, shuffling off to a “memecoin conference.” Which is to say we have reached the point in the batshit insanity cycle where people are boarding planes and booking hotels to celebrate coins that started as jokes about dogs. Pause and really sit...
The Day The Memecoin Dies Submitted by QTR's Fringe Finance I opened Twitter this morning and saw a photo of a group of guys, lanyards swinging, hoodies zipped, shuffling off to a “memecoin conference.” Which is to say we have reached the point in the batshit insanity cycle where people are boarding planes and booking hotels to celebrate coins that started as jokes about dogs. Pause and really sit with that. Memecoins are not businesses. They are not technologies in any meaningful sense. They produce nothing, fix nothing, and generate exactly zero in revenue unless you count the transfer of money from the last guy in to the guy just ahead of him. They are vapor. Digitized empty space. Financial air pockets passed hand to hand with a straight face, as if this is all perfectly rational behavior. And right now, it feels normal. Of course it does. Markets are pressing highs. The Shiller P/E ratio is floating around nosebleed territory at 40x still. Everyone is still making money, or thinks they are. Risk is a punchline despite AI deals falling apart and private credit imploding. In that kind of environment, a memecoin conference doesn’t look insane. It looks like networking. Now fast forward. Not a polite dip. Not a minor wobble. A real drawdown in the stock market. 30%, maybe more. The kind that makes people stop checking their portfolios because they already know what they’ll see. The kind that turns group chats quiet. Now try pitching Dogecoin in that environment. Try explaining Shiba Inu to someone who just watched a third of their net worth evaporate. Go ahead, tell them it’s “community driven” and see how far that gets you. What passes for clever marketing in a bull market starts to sound like a bad joke when people are bleeding money. That’s when this whole thing stops being cute. And trust me, it’ll happen. Because memecoins don’t have a floor. There is no underlying business, no cash flow, no assets, no mechanism to anchor price to reality. When sentiment break...
AMD rose after an analyst upgrade pointed to stronger expectations for data center GPU demand, with upcoming earnings set to provide updated detail on revenue and deployment growth tied to AI infrastructure.
AMD rose after an analyst upgrade pointed to stronger expectations for data center GPU demand, with upcoming earnings set to provide updated detail on revenue and deployment growth tied to AI infrastructure.
Advanced Micro Devices (NASDAQ:AMD), a designer of CPUs, GPUs, and FPGAs, closed Wednesday at $337.11, up 4.30%. The stock climbed during the regular session as analyst upgrades and strong AI chip demand supported optimism ahead of the May 5 Q1 earnings release. Investors will be
Advanced Micro Devices (NASDAQ:AMD), a designer of CPUs, GPUs, and FPGAs, closed Wednesday at $337.11, up 4.30%. The stock climbed during the regular session as analyst upgrades and strong AI chip demand supported optimism ahead of the May 5 Q1 earnings release. Investors will be
Anthropic PBC has begun weighing a fresh funding round that would value the artificial intelligence developer at more than $900 billion, according to people familiar with the matter, potentially leapfrogging its longtime rival OpenAI as the world’s most valuable AI startup. The Claude maker is entertaining offers from investors that would more than double its current valuation, said the people, wh...
Anthropic PBC has begun weighing a fresh funding round that would value the artificial intelligence developer at more than $900 billion, according to people familiar with the matter, potentially leapfrogging its longtime rival OpenAI as the world’s most valuable AI startup. The Claude maker is entertaining offers from investors that would more than double its current valuation, said the people, who spoke on condition of anonymity as the information is not public. The considerations are at a very early stage and the company has yet to accept any offers, the people said. Anthropic had previously resisted several inbound proposals from investors for a new round at a valuation of $800 billion or more, Bloomberg News has reported . The new discussions, which have not been reported, coincide with a push by Anthropic to ramp up fundraising amid the breakout success of its AI software. Anthropic, which Bloomberg has reported is considering an initial public offering as soon as October, has been on the hunt for more infrastructure to meet growing demand for its products. Anthropic declined to comment. Google recently committed to invest $10 billion in Anthropic at a $350 billion valuation, the same amount it was valued at in a funding round in February. The Alphabet Inc. -owned company plans to invest up to another $30 billion in Anthropic if the startup hits certain performance targets. Amazon.com Inc. is also investing $5 billion in Anthropic at a $350 billion valuation, with plans to inject $20 billion more over time. It’s unclear whether those two firms will be part of the upcoming funding round. Founded in 2021 by a group of former OpenAI employees, Anthropic has since emerged as a leader in the AI sector. Anthropic has developed a series of AI tools aimed at overhauling the way businesses handle tasks from coding to cybersecurity. In early April, the company unveiled a new model called Mythos that is purportedly able to detect and exploit vulnerabilities in a wide rang...
Inno Holdings ( Nasdaq: INHD ) on Wednesday said its board approved a 1-for-20 reverse stock split of its common stock as part of efforts to maintain compliance with Nasdaq listing requirements. The company said the split will take effect on May 4, 2026, and will reduce its outstanding shares to about 2.52 million from roughly 50.41 million, without changing the number of authorized shares. Inno H...
Inno Holdings ( Nasdaq: INHD ) on Wednesday said its board approved a 1-for-20 reverse stock split of its common stock as part of efforts to maintain compliance with Nasdaq listing requirements. The company said the split will take effect on May 4, 2026, and will reduce its outstanding shares to about 2.52 million from roughly 50.41 million, without changing the number of authorized shares. Inno Holdings added its stock will continue trading on Nasdaq under the same ticker on a split-adjusted basis. Source: Press Release More on Inno Holdings Inc. Financial information for Inno Holdings Inc.