US defense giant’s top holder dumps nearly $1 billion of stock
The family that has owned General Dynamics since 1959 just sold nearly $1B of the company’s stock in five weeks.
Aaron Wise
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Anthropic bans users from bullying Claude
Anthropic’s new usage policy bans “sustained and needless abusive or cruel behavior” toward its Claude AI, effective November 12.
How MiniMed ended up with 99% of its float sold short
An estimated 99% short reading looks less like a bet against MiniMed than arbitrageurs eyeing a Medtronic discount.
Initiate ‘bunker mode’ to protect crypto from AI, says Justin Drake
Ethereum Foundation researcher Justin Drake has predicted that AI will “break” elliptic curve cryptography within “months.”
Webull plunged 32% on report of ‘structural’ ties to China
The US House Select Committee says Webull’s "American" brokerage and crypto trading brand has structural ties to China.
— Stocks
Marcus Lemonis stocks are having a horrible year
Stocks associated with Marcus Lemonis, including Camping World and Neighborhood Intelligence are tanking, hitting near-all time lows.
Nike overpaid $7.9 billion buying back its own stock
The opportunity cost of Nike’s stock buybacks now reaches nearly $8B, and its repurchase program is on pause with $5.9B left.
Donald Trump bought PTC before $22.6B buyout
Trump’s portfolio bought up to $1M of PTC on July 20, 77 days before Schneider Electric agreed to buy all of its stock.
Trump administration is dumping money into cratering nuclear stocks
Donald Trump’s US energy secretary keeps awarding contracts and loans to publicly-traded nuclear stocks that keep crashing afterwards.
— Stocks
Live Nation doubles CEO pay target despite monopoly ruling
Live Nation's CEO tied his pay partly to "solving the DOJ problem," a jury then found a monopoly, and his target pay doubled anyway.