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Leopold Aschenbrenner's $45 billion hedge fund was forced to slash public stock positions after a historic momentum reversal triggered margin calls.
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On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.
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New York sues Kalshi prediction market alleging ‘illegal gambling operation' The GuardianState suit calls Kalshi prediction markets unlicensed, illegal gambling Times UnionNew York sues Kalshi, says prediction market is running 'illegal gambling operation' CNBCNY looks to shut down Kalshi, have it pay $36 billion in new lawsuit Gothamist
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Apple stock falls on weak revenue forecast as CEO Tim Cook flags 'increasing impact' from memory shortage finance.yahoo.comTim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood' in memory chip pricing finance.yahoo.comApple stock sinks 10% after Tim Cook warns of ‘100-year flood' in memory prices New York PostApple earnings takeaways: Weak forecast, supply concerns overshadow sales beat in Cook's last report as CEO
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Sony and Marvel's "Spider-Man: Brave New Day" is expected to haul in around $270 million domestically over its debut weekend.
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