CoreWeave halved since joining Nasdaq 100 as insiders sold $740 million
Insiders have dumped hundreds of millions of dollars of CoreWeave stock as shares have dropped more than 46% since it joined the Nasdaq 100.
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Insiders have dumped hundreds of millions of dollars of CoreWeave stock as shares have dropped more than 46% since it joined the Nasdaq 100.
Read more (2 min) →Ethereum Foundation researcher Justin Drake has predicted that AI will “break” elliptic curve cryptography within “months.”
— AI, Hedge funds
CNBC revealed on Friday that Leopold Aschenbrenner was buying AI equities again. By Monday, every one of his six stocks was falling.
SanDisk posted record revenue, record margin and a $14B share buyback, and Jefferies cut $1,250 off its stock price target.
CDS spreads are deteriorating across mega-cap AI stocks including Alphabet, Amazon, Meta, and SpaceX, which all hit record spreads this week.
Perplexity Computer outputs from unwitting customers were accessible by querying Google, Bing, and DuckDuckGo search engines this morning.
South Korea’s stock market index, KOSPI, now swings harder on an average day than BTC, with higher annualized realized volatility.
— AI, Social Media
AI peddlers and crypto entrepreneurs want us to rejoice about Web 4.0 and the internet being consumed by botnets and AI agents.
Clawdbot, now Moltbot, has taken off amongst the crypto crowd. But Peter Steinberger is already sick of crypto folks “harrassing” him.
— AI, BitTorrent
Justin Sun has launched and endorsed a huge number of cryptocurrency projects, and many have since been abandoned.