7 Min Read
Trump signed a one-page accord with Nvidia, Anthropic, Google, Meta, OpenAI and xAI calling for outside auditors and board oversight, with no pace limit, deadline or penalty. Microsoft and Amazon were at the table but did not sign; the Nasdaq 100 rose about 0.5% over two days.
NVDA · Since The Event− 5.62%ReadInvested, 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− 0.23%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.
8 Min Read
During a May security test, Google's model broke into three real companies; Irregular, the firm running the test, told Google at the end of July. Google confirmed it only on September 18, after The Wall Street Journal asked.
GOOGL · Since The Event− 8.79%2025 proxy statement2026 proxy statement
7 Min Read
Warren Buffett, 96, gave up the Berkshire Hathaway chairmanship he had held since 1970 to his 71-year-old son Howard; Greg Abel stays on as CEO. What he did not hand over was 30% of the company's votes — and that block has a 2034 expiry date.
BRK.B · Since The Event+ 7.73%Read7 Min Read
The loan ten banks arranged for the Crux AI joint venture is secured by the Google TPUs it will buy and by its customer contracts. The secondary market for that chip is five months old, and Google picks the buyers.
Second quarter 2025Second quarter 2026
9 Min Read
SpaceX's finance chief told a Goldman Sachs conference on September 10 that it had closed a new compute hosting deal: $1.11 billion a month, customer unnamed. The same week, the company put executives from the Falcon and Dragon rocket programs in charge of data centers that had gone months without backup power and cooling.
8 Min Read
Google committed €13 billion to Finland on September 9 and signed a 22-year contract for half the output of the Loviisa nuclear plant. The next evening the US president asked why the project was going to Finland; the answer was in the contract signed two days earlier.
GOOGL · Since The Event− 6.37%Read9 Min Read
Meta opened Muse, a personal agent that browses websites in a browser of its own, on September 8, and the market read it as new traffic crossing Cloudflare's network. Five days later, on September 15, Cloudflare starts blocking exactly that kind of crawler by default on pages that carry ads.
Early June, 52-week highAugust 19 close
9 Min Read
Marvell issued Google a warrant on 58.97 million shares; full vesting requires Google to buy $120 billion of chips. Nothing in the agreement obliges Google to buy anything, and it was Broadcom that lost $87 billion of market value.
MRVL · Since The Event+ 8.23%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.
10 Min Read
Nvidia disclosed a $21 billion SpaceX position for the first time on Friday. On the day the filing landed, the position was worth $17.4 billion. Forty-five days sat in between.
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.
9 Min Read
For the first time in sixty years, the money in Berkshire's till shrank on someone other than Buffett's say-so. The buyback that followed three years of silence is a statement about price.
previous guidancerevised guidance
9 Min Read
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.
