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Joined November 2023
Anthropic will be trading under the ticker $ANT They are targeting a $1.5T valuation, down from previous $2T estimates
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Apple $AAPL has officially launched their iPhone Duo
Apple $AAPL iPhone duo has launched in stores today, The current pricing lists as: $1,999 for 256GB model $2,199 for 512GB $2,599 for 1TB $3,199 for 2TB
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Multiple major US banks have decided to block agentic AI access
Multiple major banks have detected unauthorized AI agent accessing customers bank accounts Due to them, not being able to determine if it is a hack or an agent, they have decided to block all agent activity The banks include: -JP Morgan - Citi - Bank of America - Wells Fargo
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Micron $MU will be providing strategic funding to Indium corporation to expand their critical mineral business They will target high purity materials in New York This is apart of the previously announced $3B initiative to buildout the U.S. semiconductor supply
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Walmart $WMT has announced a new joint membership plan
Walmart $WMT has announced a new joint membership They will now be bundling, Walmart+ and Sam’s Club premium for $120/ month
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Hims $HIMS has been hiring software developers based out of Mexico
Hims & Hers $HIMS has been hiring Software engineers from Mexico💊 They are currently focused on increasing their remote operations
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Apple $AAPL iPhone duo has sold out minutes after pre-orders were posted They have also delayed shipping going into 2027
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UBS has raised their price target on Microsoft $MSFT to $675 from $525
UBS has raised their price target on Microsoft $MSFT from $525 to $675 They believe that the Azure & M365 both present intriguing ball cases that have justified the move we have seen They also believe they are positioned well for continued enterprise AI adoption
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Netflix $NFLX is planning to lay off 6% of their workforce or 1000 employees
Netflix $NFLX is planning to layoff 6% of their workforce This is the largest cut they have seen since 2022 About 1000 people are expected to be laid off
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Barclays has raised their price target on Microsoft $MSFT to $600 from $512 Barclays believes that Microsoft will start to see more of an AI software advantage prior to the end of this quarter. They believe there is a strong software advantage on Microsoft that the market is not pricing in yet
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Starbucks $SBUX has been exploring potential takeover options for Chipotle $CMG Starbucks’ current CEO has left his CEO position at Chipotle in 2024, coming back 2 years later to potentially buy the company
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Citi has raised their price target on $AMD to $800 from $575
Citi has raised their price target on $AMD from $575 to $800 Citi believes that Agentic AI will drive additional CPU demand giving AMD additional price power and putting them in a great position to capitalize on the escalated demand
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B Riley has lowered their price target on $ASTS from $85 to $65
B Riley has downgraded AST Space mobile $ASTS from buy to neutral They have lowered their price target to $65 from $85 Their main concern is additional competition, along with maintenance costs rising
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Rocket Lab $RKLB has recently signed a deal with Synspective to add 20 Electron rocket launches This brings the Electron rocket backlog over to over 100
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Rosenblatt has raised their price target on Amazon $AMZN
Rosenblatt has raised their price target on Amazon $AMZN to $360 from $335 They have said they believe the market is over anticipating the risk that agentic AI poses towards Amazon‘s marketing business
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Canaccord has raised their price target on Meta $META to $950
Canaccord has raised their price Target on Meta $META to $950 while maintaining a buy rating They have said Meta is showing rapid levels of adoption, there is many roadmap to monetization and they have formed a handful of strategic partners
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Meta $META Muse has announced 3 new partnerships: Shopify $SHOP will now allow shopping across merchants PayPal $PYPL will now assist with shopping & checkout Expedia $EXPE will allow users to help plan, organize, and book trips directly within the platform
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Anthropic is targeting 5GW of compute by the end of 2026👀 They have also said they are looking to have secured 10GW by the end of 2027
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Mizuhu has raised their price target on Bloom Energy $BE
Mizuhu has raised their price target on Bloom Energy $BE⚡️ They have raised their target to $351 from $242 They have said they see stronger pricing due to increased demand in the near future
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This implies 1 GW in Australia is worth $40B
Nvidia $NVDA CEO Jensen Huang has said: “2 GW of AI infrastructure in Australia represents $80B”
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