Wall Street Giant Jane Street Drops $6B on CoreWeave AI Cloud and Buys $1B Stake
Trading firm Jane Street commits $6B for CoreWeave’s AI cloud services and invests $1B in equity, marking CoreWeave’s third major deal this week.
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#Event-Driven Stocks↓
Snap Cuts 1,000 Jobs (16% of Staff) to Reach Profitability
Snap cuts 1,000 jobs and 300 roles to save $500M, focus on AI, cut costs, and improve profits amid weak ad market.
Tim Cook Drops $1 Million on Nike Stock – CEO Elliott Hill Does the Same
Tim Cook and Elliott Hill bought Nike shares, showing confidence despite falling sales and stock.
Meta’s MTIA AI Chip Powers Up: Broadcom Partnership Unlocks Multi-Gigawatt 2nm Rollout
Broadcom and Meta announced a multi-year partnership to power multi-gigawatts of custom MTIA AI chips through 2029.
TeraWulf Q1 2026 Preview: Revenue Miss, New $250M Credit Line, and Big Share Sale
TeraWulf expects lower revenue, shifts to AI computing, raises cash, carries high debt, and stock fell after the update.
GitLab + Google Cloud Team Up: AI Agents Now Smarter & Safer for Enterprise Teams – Shares Jump
GitLab teams up with Google Cloud to power secure AI coding tools, making software development faster, easier, and safer for companies.