INCREASE IN EQUITY SUPPLY = SHARES FLOATED AT IPO + EXPIRING LOCKUPS
Source: BofA
Who will be the world's first trillionaire?
Source: GURGAVIN
In case you missed it. Anthropic will reportedly release its new AI model “Mythos” tomorrow.
Source: Polymarkets money on X
The US is exporting its SPR releases.
Source: Lukas Ekwueme
Active large-cap equity managers are struggling to keep pace with a technology-led market rally, with only 20.5% outperforming the S&P 500 this year.
Source: Bloomberg, The Daily Shot
ELON MUSK WILL VIRTUALLY ATTEND A CLOSED-DOOR ASML EMPLOYEE CONFERENCE TO DISCUSS TERAFAB
Here's what Terafab actually is: A SpaceX-Tesla joint venture to build cutting-edge chips for robotics, AI, and space data centers. Announced in March. A $55 billion chip factory planned in the US. Target: 2 nanometer chips at the cutting edge of current technology. The end goal: support a terawatt of computing power per year. Per Bloomberg, ASML considers Terafab a "serious endeavor" and its leadership has already held direct discussions with Musk on the project. Source: Evan
Breaking: Hyperscaler Bond Issuance Soars
In 4+ months in 2026 it is already more than in 2025, and several times more than the average of previous years. Their Free Cash Flow is dropping to 0. -> They must sell stocks, or slow down AI CAPEX. Source: BraVoCycles Newsletter
Any retail investor who bought Cerebras after the IPO got decimated.
What about SpaceX?
