TLDR Ark Invest bought nearly $37M worth of SpaceX shares after its post-earnings dip, making it the biggest buy of the week Circle Internet Group was the largest crypto purchase, with Ark adding around $39M in shares across multiple funds Ark added to Coinbase, CoreWeave, Cerebras Systems...
Posts published in “Business”
TLDR Michael Burry publicly stated he no longer finds Berkshire Hathaway an attractive investment Burry’s concern is that new CEO Greg Abel lacks Warren Buffett’s patience for the right “fat pitch” Abel has started deploying cash, including $4.5B in share buybacks in Q2 2026 Berkshire ended Q2 with $365.5B in cash...
TLDR AST SpaceMobile reports Q2 2026 earnings after market close today Wall Street expects an adjusted loss of ~28-32 cents per share on revenue of ~$34.4-35M ASTS stock is down 2.86% today and off 2.42% year-to-date, though up 56.66% over the past 12 months BlueBird satellites 11...
TLDR eBay stock dropped more than 4% to around $107 per share on Monday after reports GameStop may withdraw its $56 billion acquisition offer. GameStop CEO Ryan Cohen is considering a partnership or joint venture with eBay instead of a full takeover. A potential deal structure would let eBay use GameStop’s roughly 1,600 U.S...
TLDR SPCE stock is trading near $3.10, with options pricing in a 14.84% move after its August 12 earnings report. The implied move range runs from roughly $2.64 to $3.56. Over the past four quarters, SPCE has averaged an 8.7% one-day post-earnings move, well below the current implied move...
“I was surprised — and flattered — to find myself on the guest list.”...
“She left behind a 30-year-old son and 32-year-old daughter.”...
Jharkhand students protest: Addressing the Adivasi Mahotsav,CM Hemant Soren said irregularities would be investigated and those found responsible would face strict action. He maintained that the students’ movement should not be given a political colour...
One frustrated Bengaluru resident said she drops a harsh reality bomb — “Not everyone works in IT, and not everyone is making lakhs.”...
Air India said it has not received the results of a post-flight drug screening of pilots after the turbulence-hit Phuket-Delhi flight. The Federation of Indian Pilots urged caution until the findings are confirmed...