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Wall Street Breakfast Podcast: Boeing Tumbles On Reports Of Air India Crash
Seeking Alpha· 2025-06-12 11:00
Group 1: Air India Incident - An Air India Boeing 787-8 Dreamliner crashed shortly after takeoff from Ahmedabad, carrying 242 people [3][4] - The crash occurred approximately nine minutes after takeoff, with a Mayday call issued shortly after departure [4][6] - All operations at Ahmedabad's international airport have been suspended following the crash [4][5] - This incident marks the first recorded crash of a Boeing 787 Dreamliner since its commercial service began [6] Group 2: Nvidia and Samsung Investments - Nvidia and Samsung are making minority investments in Skild AI, a robotics software startup, with Nvidia investing $25 million and Samsung contributing $10 million [7] - The Series B funding round for Skild AI is led by Japan's SoftBank, which is committing $100 million [7] - The latest funding round values Skild AI at approximately $4.5 billion [8] Group 3: Chime Financial IPO - Chime Financial has priced its IPO at $27 per share, raising approximately $864 million, above the expected range of $24-$26 [9][10] - The offering consists of 32 million shares, with 25.9 million shares sold by Chime and around 6.1 million shares sold by existing stockholders [9] - The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol "CHYM" [10]