Nscale’s $3B US IPO: Nvidia-Backed Neocloud Chases CoreWeave
Nscale is preparing a US IPO to raise up to $3B, months after a $2B Series C valued the Nvidia-backed AI cloud at $14.6B. The pitch: a $51B contracted backlog.
Bitcoin Rips to $77K: MSTR +8%, COIN +8%, MARA +16%
Bitcoin jumped 7.3% to $77,128, pulling crypto-linked equities along for a bigger ride: MSTR +7.8%, COIN +7.6%, MARA +15.5%, HUT +8.0%. CLARITY Act is the catalyst.
How Spot Bitcoin ETFs Work: Creation, Custody, and Fees
Spot bitcoin ETFs explained: the January 2024 approval, how authorized participants mint and redeem shares, cash vs in-kind, Coinbase custody, and where fees really bite.
Samsung’s $79B Payout: Special Dividend Beats Buyback
Samsung will return up to KRW 110T (~$79B) — half of FCF plus a special dividend. Why Korea’s chip giant is skipping the buyback.
Advance Auto -24%: EPS Beat, Guide Raised, DIY Cracked
Advance Auto Parts crashed 24.55% on August 20 even after beating on EPS and raising 2026 guidance. Here’s what actually broke — and what it means for the consumer trade.
How an IPO Actually Works: S-1, Roadshow, Greenshoe, Lock-Up
IPO 101 with real numbers: what an S-1 filing is, how bookbuilding sets the price, why greenshoes and lock-ups exist, and what first-day pops mean.
Treasury Doubles Long-End Bond Buybacks to $4B Per Op
Treasury will at least double liquidity-support buybacks in the 10-30Y sector to $4B per operation starting Sept 9. Bessent signals more could come.
Walmart Beats and Raises but WMT Falls 9.7% to 52-Week Low
Walmart topped estimates and raised FY27 guidance, yet WMT fell 9.74% to $103.17. Soft US comps, a tariff-refund-funded raise, flat Q3 EPS, and higher capex explain why.
Quad Witching Explained: What Happens on Expiration Friday
Quad witching is really triple witching now: three contract types expire on the third Friday of Mar, Jun, Sep, Dec. Here’s the real mechanics.
Anthropic Lines Up $10B+ Bank Credit Ahead of IPO
Morgan Stanley, Goldman and JPMorgan each writing $1.25B into Anthropic’s $10B+ revolver, jockeying for lead roles on a $2T IPO targeted for October.