Invested, 2023 to 2025Carrying value, Dec. 31, 2025
8 Min Read
Anthropic booked a $41.97B net loss on $4.59B of revenue in 2025, according to the prospectus seen by Reuters. About $34B of it came from convertible debt that grows as the company's value rises; Amazon, on the other side of that structure, books gains.
AMZN · Since The Event+ 1.37%ReadSpaceX, June 12, 2026The ceiling discussed for Anthropic
8 Min Read
A presentation seen by the Financial Times puts OpenAI's compute bill through 2030 at $856B — more than the $840B of revenue it expects over the same five years. A day later the Wall Street Journal reported Anthropic is targeting a November listing at roughly $2 trillion.
September 16 closeAfter hours, at a 40% gain
7 Min Read
Generac will supply backup generators to Amazon's data centers, with initial deliveries disclosed at $2.4 billion. In return Amazon received the right to buy 1.69 million shares at $200.93, a right that vests in full only after $8 billion of payments.
8 Min Read
FTSE Russell redrew its style rankings in June: 45.8% of Apple's market cap and exactly half of Microsoft's were assigned to the value index. The three megacaps' combined weight rose from 1.9% to 16.2%, while the year's best-performing memory stocks dropped off the list entirely.
Intraday highAt the close
7 Min Read
Amazon earns the right to buy 25 million Qualcomm shares at $161.26 as it buys Qualcomm's AI chips; only 15% of it vested at signing. The $60 billion in the headlines is not an order but the purchase ceiling that would unlock the whole grant.
9 Min Read
The 30-year U.S. Treasury yield touched 5.31% on Monday, a level last seen in 2007. The Fed has not moved since June — four separate forces are driving this selloff, and one of them is data center financing.
TLT · Since The Event− 0.50%Read9 Min Read
Preliminary figures shown to investors ahead of a record IPO put one quarter's revenue above $11.5 billion. But the same cash yields two different revenue lines under gross and net accounting — and the gap lands straight inside a $2 trillion price tag.
9 Min Read
$99 billion of Alphabet's second-quarter net income, and $53.4 billion of Amazon's, came from remarking stakes neither company has sold. Strip the two out and S&P 500 earnings growth falls from 50.4% to 32.0% — and JPMorgan raised its target on Monday looking at the higher figure.
previous guidancerevised guidance
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On August 6 Burry disclosed shorts in Oracle at $144.63 and Nebius at $211.77. His case is not that the shares are expensive — it is that the companies building AI infrastructure assume their hardware lasts long enough to inflate today's earnings and push the bill into the future.
9 Min Read
Reuters reports that the FCC is drafting a ban on imports of newly certified Chinese-made optical transceivers. There is no decision and no order on the table — and optical stocks still ran five times the index.
