Crypto Market Volatility - Crypto market experienced a significant pullback after a period of strong growth, with some cryptocurrencies increasing almost threefold [1] - The market became overleveraged, leading to nervousness and selling pressure [2] - Large Chinese mining operations appeared to be selling off their holdings [2] - Bearish commentary from crypto thought leader Arthur Hayes regarding HyperLiquid negatively impacted market sentiment [3][4] - HyperLiquid, a decentralized exchange, experienced substantial growth but faced concerns about potential founder sell-offs [3][4] Market Context and Perspective - Despite the pullback, Bitcoin and Ether are still up significantly for the year [5] - Bitcoin's price of $112,000 would have been considered positive just four months prior [4] Broader Market Trends and AI - The speaker questions whether crypto price movements consistently lead stock prices [5] - The stock market is currently experiencing a euphoric moment with significant excitement [6] - AI is a powerful theme driving excitement and is a topic of discussion at the highest levels of management [6] - High valuations in the Nasdaq and S&P, coupled with interconnectivity and vendor financing, create market nervousness [7] - The market could still go higher, as the final stages of bull markets often surprise people [8]

If you're someone who doesn't want to see their new iPhone get scratched up, you may want to use a case or reconsider getting the deep blue versions of the 17 Pro or 17 Pro Max and the black version of the 17 amp. That's because when the new models went on sale in Apple retail stores across the world on Friday morning, users quickly noticed that the deep blue and black models of the new iPhones are more prone to scratching than the lighter colors like the gold, blue, and white versions of the Air and the or ...

There have been a lot of headlines this morning. What do we need to know about the status of tick tock in the United States. Well, I think you pointed out the algorithm has been a key sort of sticking point in this entire process, because under U.S. law, Bytedance, the owner of TikTok, is not allowed to have any say in the algorithm or the technology of this new U.S. version.And Chinese law says you can't export this valuable technology. So it seems that they figured out some type of workaround where Oracle ...

Let's bring in Bloomberg's Brodie Ford, who covers Oracle. And it is a big change at the top. It is very sad for Cats has been one of the faces of Oracle for about a decade now, and folks familiar with Oracle's cloud business, which has become so important, will know Clay McGauchie has led that unit for a while.The fact that he is being elevated in this way maybe isn't a shocker. The timing is. They were both promoted Clay and Mike to President in June.Now all of a sudden they're becoming CEOs. And so it's ...

Right now, you can either pick out that data set, you can say that equity markets continue to push records or hold it records. Do you have a summary of what the sentiment in the market is right now. Eric.Yeah. Thanks for having me. Clearly, the risk trade is on.Investors are taking risk. And we've really seen this since, I would say late July, where the growth indexes took over value. Right.We know that drop in April value is kind of leading the markets and that's really shifted. And you've seen growth equi ...

Let's get this out of the way. Bloomberg's reported a large round $11 billion valuation. A big raise.Any comment, please. Well, you know, you read the same reports that I do. Congratulations on getting a scoop.But no, I don't have any comments on rumors as of yet. But but interesting to see that that that that news is starting to trickle out. And you appreciate why we have to ask.The main point is that aura has some momentum. So you actually have shed some not just financial metrics, but operational metrics ...

The confusion was when this first was confirmed Friday. There wasn't clarity on whether it applied to new applicants to H-1B or existing as well. Then over the weekend, the White House clarified that it was just new applicants.But Heba, can we just start by you reflecting on your weekend, the discussions you've had with clients in the technology sector and how you've managed this process. Certainly so. You're absolutely right.Initially, there was not clarification as to whether or not the $100,000 fee would ...

Why is now the right time for you to hand over the reins in this way. Because Sweeney's ready. You know, T-Mobile does it differently.We believe in thoughtful succession. I recruited Sweeney to the CEO position almost a year ago, and he has killed it. And he has an incredibly inspiring vision for the future.And I also wanted to pick a moment when the company is firing on all cylinders, because I think you should do succession amidst success. And so we picked our moment because Sweeney's ready. He's the pers ...

We've got the new iPhones and we're putting the hype to the test. The iPhone 17 starting at $799. First up, the screen.The screen is finally 120 Hz with an always on display, and performance is super smooth. The new square sensor selfie camera is clever. You can switch between portrait mode and landscape while holding the phone vertically, or it auto switches if more faces are in the frame.The main and ultra wide camera are pretty solid and battery life holds up. This feels like the best regular iPhone in y ...

Investment Strategy & Value Proposition - Magnetar focuses on being value-added to portfolio companies by helping them finance GPU and compute needs for data centers [3] - The firm prioritizes understanding the asset value and customer contracts to unlock value for companies [4] - Magnetar emphasizes a diversified portfolio approach, prioritizing downside protection by assessing assets and contracts [10] - The company aims to lower the cost of capital for its partners by engaging with management teams [9][11] Datacenter Infrastructure & Market Dynamics - Demand for GPUs is exceptionally high, with companies needing more [7] - Infrastructure investment is driven by skill, scale, and scarcity [5] - Datacenter projects are experiencing significant scale, moving from 100 GPU clusters to potentially millions of GPUs [5] - Large-scale neo cloud infrastructure projects are attracting legacy finance and strategic partners due to increasing capital requirements [8] Customer & Asset Mix - The customer mix and asset mix are crucial for lowering the cost of financing [13] - A portfolio with only non-investment grade customers is more difficult to finance [14] - Balancing non-investment grade (high-growth) and investment grade customers is important for portfolio financing decisions [14]