Reality-TV prediction markets are a fast-growing new category, pulling in a wave of female traders
the show Love Island, uh, a reality dating competition... has become an unusually active trading category. According to Barron's, the current season drove 106% increase in weekly active female mobile users of Kalshi between June 8th and June 28th, compared with a 54% increase among men.
Peak+3.7%
Sonos slims to a lean acquisition target with a huge installed speaker base an AI buyer would covet.
Sonos confirmed the reductions late last month, but senior-level details were previously unreported. CEO Tom Conrad internally framed the cuts as a way to reduce management layers. That's probably good and make Sonos move faster. Fewer months in conference rooms, more prototypes in our labs, more decisions made and executed, more exceptional products in the world of our consumers. You have to imagine that there's something interesting for Sonos to do with an AI company.
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Ray-Ban glasses become Meta's next computing platform, adding hardware attach and a new ad/commerce surface that re-rates the stock.
Like, there's so much like potential disruption. I think the stance is like, I would rather participate in this massive technology cycle than, than, um, and have a shot at being a big part of it.
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AI HBM demand is a structural supercycle; the memory oligopoly stays sold out, re-rating Micron higher.
That giving SK Hynix a market cap of roughly $1.03 trillion. We got another one, another, another one, another trillion-dollar company in the AI boom. The blockbuster listing caps an extraordinary run for memory manufacturers fueled by surging demand from AI systems, particularly for high-bandwidth memory used alongside advanced AI accelerators. SK Hynix, Samsung, And U.S.-based Micron dominate the global memory market.
Peak+1.5%