Meta grew revenue 26% last quarter. Free cash flow was still negative $2.12 billion. That's what $34.91 billion of capex in a single quarter does. Now Meta is creating a new Class C stock with no voting rights, which it can use to raise money and pay employees. Zuckerberg keeps control while new shareholders help fund the AI bill. No wonder the stock is sliding today.

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SpaceX posted its first profit as a public company. Revenue was $14.6B, up 161%. AI brought in $7.56B, mostly renting data center capacity. Capex nearly tripled to $19.6B. SpaceX and Tesla formed committees to discuss a merger. Real profit, but I'd watch the spending.

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GM just approved another $20 billion stock buyback. It had 1.2 billion shares outstanding at the end of 2023. It had 849 million at the end of September. Core profit rose 22% last quarter, but adjusted earnings per share rose 32%. Fewer shares are doing a lot of that work. Nothing wrong with that, just know what you're looking at when the EPS beats.

Kim jong un is reportedly in a coma after brain hemorrhage. These are still rumors right now. Take this with a grain of salt as it’s still rumors

The Philly chip index fell eight straight days through Friday. That's its longest losing streak since October 2008. About $2 trillion in market value disappeared in those eight sessions. Last week alone it dropped more than 11%. This morning it bounced, right on the 39th anniversary of Black Monday. One green day doesn't fix eight red ones. Lam Research and Texas Instruments report this week, and that's the real test for chips.

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US oil closed Friday at $101.41. It's up seven days straight and more than 10% this week. Brent hit its highest close since May. The Nasdaq fell 4.5% over the same week, while the Dow finished up. Pricey oil and a Fed that might still hike is a rough mix for tech.

📈 Breaking News: The US #CPI skyrockets to 3.7%, overshooting the 3.6% prediction! 🚀✨ Core CPI climbs to 2.6%, nudging past the expected 2.5%! 📊💡 Interest rate hike odds soar from 20% to 40%! 🔥💬 Will the #Fed hit the brakes or go full throttle? Share your thoughts!

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🚨 US chip stocks took a massive hit, losing a staggering $2 trillion! 😱 The culprit? #CXMT, a Chinese memory chip giant unveiling a new design that crams more data into tinier spaces. 📦💾 The shockwave hit Micron, Samsung, and SK Hynix hard. 😬💥 Want insights into my

US chip stocks just lost $2 trillion 📉 One of the biggest triggers? CXMT, a Chinese memory chip company that just announced a new design that packs more data into less space. Micron, Samsung and SK Hynix all got hit hard.