The Wire
Nokia (NOK) is cutting 1,600 jobs and closing its main China R&D hub, with reports of a near-total mainland exit by year end
Nokia is closing its Hangzhou research center and cutting about 1,600 jobs, and the South China Morning Post reports it plans to shut almost all of its mainland China sites by the end of 2026. Its China revenue has fallen more than 58% since 2018.
Leopold Aschenbrenner's latest filing shows he closed 13 of his 16 options positions and moved more than half his fund into SanDisk and Micron
Situational Awareness LP reported $8.46 billion of put positions on March 31 and one on June 30. The money went into SanDisk, Micron, Nebius and STMicroelectronics.
I let Claude AI trade $100 on Robinhood week 9: it wrote down why indie Semiconductor (INDI) was a bad buy, then bought it
Claude AI flagged the indie Semiconductor (INDI) setup as the shape of most of its past losses, bought it anyway, and was stopped out 23 hours later. Both stops fired within two seconds of Tuesday's open as chip stocks sold off. The account is down about a third.
Warren Buffett's Berkshire nearly doubled its Alphabet (GOOGL) stake, now bigger than Coca-Cola
Berkshire added 48.1 million Alphabet shares in the June quarter and increased its Class C holding by 658 percent. The stake passed Coca-Cola to rank third.
An AI model trains across 100,000 chips that all have to talk at once. The stocks that wire them: Arista (ANET), Broadcom (AVGO), Coherent (COHR) and Astera Labs (ALAB)
Tens of thousands of GPUs have to act like one machine, and the network that connects them is a fast-growing slice of every AI buildout. Here's what Arista, Broadcom, Marvell, the optics makers and Astera Labs each do.
KEEL's CEO and COO just bought $296,000 of stock after an ugly quarter
Keel Infrastructure CEO Ben Gagnon and COO Liam Wilson bought about $296,000 of KEEL stock in the days after the company reported a 50% revenue drop. Neither purchase ran on a 10b5-1 plan.
Two Datadog (DDOG) directors sold $20 million of stock on the same day
Two Datadog directors, both ICONIQ Growth partners, sold about $20 million of DDOG on August 13. One sale ran on a plan set in March, the other was the director's own call, and neither bought.
Kratos' CEO had to announce his $19 million KTOS sale before he made it. That filing is a Form 144.
Kratos CEO Eric DeMarco sold $19.3 million of KTOS stock last week, and a Form 144 flagged it first. Here is what that notice is, how it differs from a Form 4, and why a planned sale is not the warning it looks like.
ECB researchers say an AI stock market correction is likely, even if AI delivers. European households hold €440 billion of US tech stock.
Five European Central Bank researchers wrote on Aug. 17 that "a correction of current stock market valuations is likely," even if the technology succeeds. European households hold around €440 billion of US tech stock, and the authors say there is less room to cut rates against a crash than in 2000.
Robinhood's second venture fund (RVII) is a bet on 80 Y Combinator startups. It opened below its $25 IPO price.
Robinhood Ventures Fund II (RVII) began trading Aug. 13 and sits below its $25 IPO price. The fund is a diversified bet on about 80 early-stage Y Combinator startups, most held through $250,000 SAFEs, and it charges a 2% management fee plus 20% of gains.
Another Bitdeer (BTDR) executive bought the stock near the post-earnings lows
Bitdeer (BTDR) chief strategy officer Basit Fozan bought 25,000 shares at $8.84 on August 14, days after the finance chief bought a nearly identical stake. Both executives paid more than 40 percent below their own $15.44 option strike, stepping in near the low that followed the August 10 earnings.
Foreigners made money in Korea's market all year. The locals sold them the rebound.
Korean individuals bought the market all the way down and sold as it climbed back toward 7,000. Foreigners bought almost all of that rebound, in a year when the foreign money kept winning and the local crowd kept losing.
Druckenmiller bought $4 million of IREN. Bridgewater sold 96% of its stake the same quarter
Druckenmiller's Duquesne opened a small first-time IREN stake last quarter. We pulled every fund we track: who sold IREN, who kept it, plus the $788 million co-CEO grant and a share count that has grown 6.5x since 2022.
Nvidia (NVDA) is now backing OpenAI's data-center lease in Ohio
Nvidia said it will guarantee part of the cost of an 8-gigawatt AI data center in Ohio that OpenAI will lease and fill with Nvidia chips, and invest $1.5 billion in builder SB Energy. The move locks in demand and revives the circular-financing debate.
Korea is selling more chips than ever, but the won won't strengthen. The Bank of Korea says 70% of the pressure is Koreans moving money abroad.
Korea is selling more chips than ever and still runs a big trade surplus, but the won won't strengthen. The Bank of Korea says about 70% of the pressure comes from Koreans themselves, the pension fund and retail investors moving record amounts into foreign stocks.
The AI trade rotates to a new sector every week. Which one is it going to be this week?
The AI trade has rotated by sector almost every week: software, then photonics, then memory. So which corner of AI runs next? I make the case for the one group that keeps riding along without ever leading.
Tempus AI (TEM) just turned its first profit. Its stock is still half off its high.
A deep dive on Tempus AI (TEM): what the cancer-data company does, its first quarterly profit, who controls the stock, the short-seller report against it, and why Wall Street can't agree on the price.
AI GPU arrives in weeks. The power gear behind it takes years: GE Vernova (GEV), Vertiv (VRT), Eaton (ETN), Quanta (PWR) and Powell (POWL)
The chip is the easy part. Data centers are stuck waiting on turbines, transformers and switchgear that take years to build. Here's what GE Vernova, Vertiv, Eaton, Quanta and Powell each sell into that shortage, and how big their order books have gotten.
Samsung could return $141 billion a year to shareholders as SK Hynix weighs $70 billion payout
The Kospi climbed back near 7,000 last week, led by Samsung and SK Hynix. Now the market's waiting on how much cash each will return to shareholders, with estimates as high as $141 billion for Samsung and $70 billion for SK Hynix.
The oddest stock in Trump's portfolio is Korean: 18 Coupang (CPNG) trades as Washington challenged Seoul
Trump's disclosures show 18 Coupang (CPNG) trades across two accounts in eight months, the biggest of them landing while his own administration was accusing Seoul of persecuting the company.
The Kospi rebounded 11%. Korea's leveraged investors did not.
The Kospi rose about 11% in a week, but the rebound came too late for the investors who bet on Samsung and SK Hynix leverage with borrowed money, and it does little for the ones still holding those funds.
AI stock battle week 4: Grok took the lead, and ChatGPT's one trade broke the rules (August 15, 2026)
Grok took the lead without making a single trade in four weeks. ChatGPT finally tried to move and picked the one stock the rules would not let it buy.
You can trade single-stock options premarket starting August 17 at 7:30 a.m. ET. The first session includes Nvidia (NVDA), Tesla (TSLA), Apple (AAPL) and 18 more.
Cboe Options Exchange begins trading single-stock options at 7:30 a.m. ET on Monday, Aug. 17, two hours before the regular open. Limit orders only, no market or stop orders, and trades in the new sessions do not count toward the day's high and low.
Saudi Arabia's wealth fund now holds $26 billion of SpaceX (SPCX). That's 70% of its US stock book.
Saudi Arabia's sovereign wealth fund now holds more SpaceX than any other US stock, a $26 billion position that surfaced in a 13F this week. A 13F only tells part of the story, though.