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Hugging Face has been fielding M&A interest for a deal worth at least $13 billion 0
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- August 23, 2026
The AI industry’s next blockbuster acquisition may not be another model maker. Hugging Face, whose platform helps developers discover, share, and build AI models, has been exploring a sale that could value the company at $13 billion or more. The startup has been working with a bank to evaluate bidders’ interest, and no deal has
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Burry says he sold Alibaba, calling it pricey before share sale | Fortune 0
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- August 23, 2026
Michael Burry criticized Alibaba Group Holding Ltd. shares as overvalued and disclosed that he recently exited his position in the Chinese tech giant in order to build a “large” position in rival online retailer JD.com Inc. “I planned to move most of it back after a month or two. No longer,” Burry said in a post on
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Situational Awareness bet big on SanDisk and Micron before imploding 0
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- August 17, 2026
Leopold Aschenbrenner, the Wall Street wunderkind whose hedge fund imploded in late July, placed huge bets on two AI stocks in the lead-up to the disaster. Aschenbrenner’s firm, Situational Awareness, owned a $5.7 billion stake in SanDisk and a $5.6 billion stake in Micron at the end of June, its quarterly portfolio update revealed on
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SpaceX stock could falter again as early investors cash out to buy boats, houses, and planes, a research analyst says 0
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- August 14, 2026
SpaceX’s stock could come under pressure again as more early investors gain the freedom to cash in their stakes, said research analyst and “Prof G Markets” podcast co-host Ed Elson. Elson discussed the risks surrounding SpaceX’s mega IPO in June during an episode of Kara Swisher’s “On” podcast, released on Thursday. He said that although
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SpaceX reclaims its IPO price as jitters about insider selling dissipate 0
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- August 10, 2026
SpaceX stock rose on Monday to reclaim an important milestone: its $135 IPO price. The stock jumped back above that threshold on Monday, rising to close 4% higher at $138.74 after struggling to mount a decisive gain early in the session. Shares are up more than 25% in August, and a 15% rally on Friday
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Nintendo just got a nice boost from tariff refunds 0
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- August 7, 2026
An unusual boost is showing up in some corporate earnings this summer: tariff refunds. Nintendo became the latest beneficiary of the boost on Thursday, reporting net profit of 147.4 billion Japanese yen, or $931 million, for the quarter ending June, up 54% from a year earlier and handily beating analyst expectations of 77.8 billion yen.
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