The Wire

Meta (META) jumps 4.7% on Muse Spark 1.1, Zuckerberg's return to X, and the Alberta data center

Meta Platforms (META) closed up about 4.7% on July 9, with the gains accelerating hardest in the final hour of trading. A new coding AI model, Mark Zuckerberg's first X post in three years, and last week's $9 billion Canada data center all fed the same move.

TeraWulf is borrowing $3.5 billion for its Anthropic data center. Here's what that means for the stock (WULF)

TeraWulf is raising $3.5 billion in debt, its first-ever leveraged loan deal, to build the Kentucky campus behind its $19 billion Anthropic lease. The stock is up again today, but the move is more complicated than it looks.

Jim Cramer's tech calls, like Micron and Intel, are missing far more than everything else

We pulled 23 of Jim Cramer's stock calls from late April through early July and checked the real numbers. His tech picks are down 7.2% on average with just 1 winner out of 10. His other calls are roughly flat, and just under half are green.

Hedge fund Point72 disclosed a stake in Freenome's SPAC merger, days before the vote got delayed (PCSC)

Point72's Steve Cohen disclosed a 5.7% stake in the SPAC merging with cancer-detection startup Freenome, right as the shareholder vote to close the deal got pushed back a week.

T1 Energy (TE) is down today while tech rallies. Here's why I added to my position anyway.

T1 Energy (TE) fell about 1% today while the Nasdaq and tech sector rallied. Short interest is high, a Fuzzy Panda short report is still unresolved, and there's unconfirmed chatter on X that Leopold Aschenbrenner sold his stake. I added to my position yesterday anyway. Here's why.

SK Hynix priced its Nasdaq debut 3.1% above Seoul, after demand ran 7 times oversubscribed.

SK Hynix guided its Nasdaq ADR offering to $149 each, a 3.1% premium to Seoul's close, after the book ran more than 7 times oversubscribed. Here's the math behind the premium and who anchored the deal.

A senator sold Apple and Nvidia in June. He bought Coherent and Micron instead.

Senator Sheldon Whitehouse's latest disclosure shows he sold Apple and Nvidia in late June, then bought Coherent and Micron the same week. Here's what the filing actually shows, and how each stock has moved since.

Chip stocks just had their best day in weeks. Meta and Amazon are both betting billions that AI compute demand isn't topping out (MU, WDC, META)

Micron, SanDisk, and Western Digital are having their best day in weeks. A week after a rumor said Meta had too much AI compute, Meta and Amazon both bet billions that demand is still growing, and Samsung's own record quarter couldn't shake investors until this week's data center news did.

What is an AI neocloud? CoreWeave (CRWV) and Nebius (NBIS), explained

Neoclouds like CoreWeave and Nebius buy GPUs with debt and rent out the computing power to AI companies. Here is how the business model works, and the risk built into it.

Meta said it had spare compute. Then it broke ground on a $9 billion data center in Canada (META, CRWV, NBIS)

A week after Meta's excess-compute cloud plan crushed the neoclouds, it broke ground on a C$13 billion, 1-gigawatt data center in Alberta, Canada. The demand is real.

China called Claude Code a security backdoor. Here's what it means for Anthropic's trillion-dollar IPO.

China's National Vulnerability Database called Anthropic's Claude Code a security backdoor, and Alibaba banned it. Amazon and Google's stakes in Anthropic already drive over half their quarterly profits, with a trillion-dollar IPO on the way.

Every trade a CEO makes in their own stock goes public within 2 days. Here's how to read a Form 4.

Corporate insiders must disclose their own stock trades within two days. Here's what a Form 4 actually shows, using two real filings, and why most insider selling isn't the warning sign it looks like.

The Nasdaq fell 8% when this war started, then blew past its old record high.

Iran escalated again today, and the Nasdaq is only down about 0.8%. This same war already showed the pattern once: an 8% drop in March, then a genuine record high by June.

Wall Street used to move the Kospi. This week, the Kospi moved Wall Street.

South Korea's Kospi tumbled into a bear market this week. Its relationship with Wall Street isn't a one-way street. It runs both directions, depending on where the shock starts.

TeraWulf, CoreWeave, and Nebius are having a big day. The stocks still mostly mining bitcoin are not.

TeraWulf, Nebius, IREN, CoreWeave, and five other AI infrastructure stocks are surging together Wednesday, while HIVE Digital and CleanSpark, the two names still mostly mining bitcoin, are red. The split isn't random.

Penguin Solutions (PENG) beat by 53%, dropped overnight on Iran news, then exploded 21% this morning

Penguin Solutions crushed Q3 earnings Tuesday night, then the stock faded, dropped below its pre-earnings price overnight as Iran ceasefire news hit futures market-wide, and finally broke out once regular trading opened Wednesday.

Oil spikes and stocks slide after new US strikes on Iran, but Nasdaq futures are already clawing back

New US strikes on Iran sent oil surging and helped drag the Dow, S&P 500 and Nasdaq lower on top of a Samsung-driven chip selloff. Hours later, Nasdaq futures were already recovering some of the loss.

What are stock futures, and what do they actually predict?

S&P and Nasdaq futures trade almost around the clock and set the tone before the opening bell. What a futures contract actually is, why tech futures swing harder, and how much you should trust them.

SharonAI (SHAZ) is down 13% today after a wild week. Here's what Leopold Aschenbrenner has disclosed since our last look

SharonAI (SHAZ) has moved from $85 to $68 to $80 to $70 in the week since our stake deep dive. A price update, plus a new filing showing Leopold Aschenbrenner's fund anchoring SK Hynix's Nasdaq debut.

IBM (IBM) is up almost 12% this week while chip stocks get hit. Here's why.

IBM has closed higher four straight sessions and is up again today, even as Samsung's earnings reaction and a broader chip selloff hit Micron, SanDisk, and Penguin Solutions. A BofA upgrade, a quantum computing milestone, and a new mainframe launch all landed within 48 hours.

Penguin Solutions (PENG) beat earnings for a seventh straight quarter and raised its outlook

Penguin Solutions (PENG) beat earnings for a seventh straight quarter, posting record $479 million in sales and $0.84 EPS, and raised its full-year outlook again. Shares fell in the regular session before jumping in after-hours trading on the beat.

What is the VIX? The market's fear gauge, explained

The VIX measures how much movement options traders expect in the S&P 500, not which direction it moves. Here is what counts as low or high, how investors actually use it, and the real risks in trying to trade volatility directly.

A week ago I called my SK Hynix (SKHY) trade. I sold the $190 spike and bought the $154 dip.

David Han laid out a specific SK Hynix (SKHY) trade theory on July 7: a debut spike, Micron riding the sympathy wave, then a memory selloff as the excitement drained out. A week later it mostly played out, and he sold SKHY near $190 and bought back at $154. The original call is left exactly as written.