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Ringing The Bell: Meta Plunges On Report It May Sell "Tens Of Billions" In New Stock
Ringing The Bell: Meta Plunges On Report It May Sell "Tens Of Billions" In New Stock
They don't ring the bell at the top, but they sure do sell a lot of stock.
With SpaceX, Anthropic and OpenAI looking to IPO hundreds of billions in common stock (not counting even more hundreds of billions in lock up expirations that will hit the market soon)...
... coupled with Google's record $80 Billion follow on offering (of which half was a memestock-esque At The Market offering direct to retail), suddenly the cash-incinerating AI companies...
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Aug 17, 2026 / Tyler Durden
China's YMTC Is Now World's 3rd Biggest Flash-Memory Supplier With 14% Market Share
China's YMTC Is Now World's 3rd Biggest Flash-Memory Supplier With 14% Market Share
Earlier today we reported that China's highly touted DRAM memory maker CXMT recently surpassed Tencent to become China's most valuable company.
That may be just the start, because hot on the heels of the biggest Chinese IPO this decade, comes that "other" Chinese memory maker, Yangtze Memory Technologies Corporation (YMTC) which has now broken into the world’s top three NAND flash memory suppliers by volume for the first time, marking a milestone for China’s semiconductor ambitions as it strives...
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Feb 20, 2026 / Tyler Durden
Goldman Sachs The Latest Firm To Ditch DEI Hiring Criteria
Goldman Sachs The Latest Firm To Ditch DEI Hiring Criteria
Goldman Sachs is the latest firm to scrap the DEI scam from its board policies.
In fact, the bank is preparing to strip race, gender identity, sexual orientation and other demographic factors from the guidelines used to evaluate potential directors, according to people familiar with the plans who spoke to the Wall Street Journal.
Which begs the question to begin with: why were we ever picking directors based on race and gender identity? Isn't that...racist?
The Journal wrote that Goldman's governance committee currently considers...
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Apr 2, 2026 / Tyler Durden
Inanity Of Identity Politics Exposed At Canadian NDP Convention
Inanity Of Identity Politics Exposed At Canadian NDP Convention
Authored by Jonathan Turley,
The recent convention of the Canadian New Democratic Party (NDP) became a microcosm of the inanity of identity politics found in forums ranging from politics to higher education.
Participants were given familiar “equity cards” as literal card-carrying members of groups demanding preferred treatment. The problem is when one identity group demands preference over another. The result, as seen in Winnipeg, was calamity and quickly became comedy.
Many in education have long pushed equity cards and “identity markers” to get...
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