How Much? source:Yahoo Finance SpaceX has roughly $100 billion in cash — an enormous cushion by almost any standard. Sounds like plenty… until you start pricing Elon Musk’s plans. His spending list keeps growing. Starship is scaling. Starlink is expanding. And SpaceX is pushing into an AI compute buildout. All of that requires capital — a lot of it. And for investors, the question is becoming more about what it will cost to get there. KeyBanc analyst Michael Leshock put a number on it: Another $325 billion. That’s how much he estimates SpaceX may need to raise over the next...

Season Two. Bill Ackman and Netflix have done this before. Pershing Square built a major position in the streamer in early 2022, then exited just months later after Netflix’s subscriber slowdown sent the shares sharply lower. The round trip cost the fund more than $400 million. Roll the credits. Or so it seemed. Four years later, Pershing Square’s latest filing arrived with Netflix back in the portfolio — 3.15 million shares, accounting for 4.9% of the fund. And Netflix wasn’t the only new addition. The filing revealed five other new positions in Pershing Square’s first public disclosure...

Season Two. Bill Ackman and Netflix have done this before. Pershing Square built a major position in the streamer in early 2022, then exited just months later after Netflix’s subscriber slowdown sent the shares sharply lower. The round trip cost the fund more than $400 million. Roll the credits. Or so it seemed. Four years later, Pershing Square’s latest filing arrived with Netflix back in the portfolio — 3.15 million shares, accounting for 4.9% of the fund. And Netflix wasn’t the only new addition. The filing revealed five other new positions in Pershing Square’s first public disclosure...

Zero ”Sell ratings”. That’s unusual. What’s more unusual is what the stock has done while Wall Street has been this confident. Over the past year, Alphabet gained 69%. Amazon gained 21%. Microsoft fell. You could explain that away if Microsoft’s business had fallen behind too. But:→ Azure kept growing. → Earnings kept beating expectations. → Microsoft’s contracted revenue surged. → And analysts kept their Buy ratings. So we have three hyperscalers riding the same AI boom, two stocks that took off — and one that Wall Street still thinks has some catching up to do. Here...

Zero ”Sell ratings”. That’s unusual. What’s more unusual is what the stock has done while Wall Street has been this confident. Over the past year, Alphabet gained 69%. Amazon gained 21%. Microsoft fell. You could explain that away if Microsoft’s business had fallen behind too. But:→ Azure kept growing. → Earnings kept beating expectations. → Microsoft’s contracted revenue surged. → And analysts kept their Buy ratings. So we have three hyperscalers riding the same AI boom, two stocks that took off — and one that Wall Street still thinks has some catching up to do. Here...

The ”Perimeter of Debt”. Burry just added to his four biggest shorts and compared today’s market to 2005 — right before the mortgage crisis. His latest warning: the debt the market may not be counting. After building bearish positions across semiconductors and some of the market’s biggest AI names, he added again this week — including to Nvidia, Palantir, Oracle, Caterpillar, and SOXX. Then he brought up 2005. His concern goes deeper into the AI supply chain — long-term leases, purchase agreements, power contracts, and other commitments that companies may be taking on today to secure...

…coincidence? Maybe. Defense tech is having a very good week. Or… the Pentagon just put a number on the bottleneck. Within days, a $1.37 billion raise, a $300 million funding round, and a company targeting a $2.53 billion IPO valuation all landed across different corners of the defense industry. Normally, those would be three separate stories. Except the Pentagon just told its biggest contractors to figure out how to build weapons faster. Recent conflicts have put pressure on US missile inventories, while the systems used to find and track targets have become considerably faster and...