Keep pulling the thread on Donald Trump.
The United States initiated military strikes against multiple targets in Iran, causing the price of Brent crude to increase.
SpaceX is expected to conduct the largest IPO of all time, trading on the Nasdaq.
Investor demand for the SpaceX IPO is more than 4 times oversubscribed, implying at least $300 billion in demand.
OpenAI confidentially filed for its Initial Public Offering earlier this week.
Oracle's stock plummeted 8% after its recent earnings report disappointed investors regarding its AI progress.
SpaceX's IPO is priced at a $1.77 trillion valuation, which is 95 times its sales.
Gil Luria predicts that SpaceX's stock will experience more volatility than any other stock of its size due to a lack of clear valuation comparables.
Google is conducting an $85 billion equity offering.
Oracle has announced a $20 billion equity offering and is also raising $20 billion in debt.
Gil Luria predicts that when OpenAI and Anthropic go public, a significant amount of capital will be reallocated from indirect AI investments like semiconductors and optical components to these direct AI companies.
OpenAI's decision to file for an IPO is seen as a strategic move to get to market before or soon after Anthropic, in order to control the narrative around public AI company disclosures and metrics.
Gil Luria believes that Amazon and Microsoft will need to raise external capital to continue building their AI compute data centers, as their operating cash flow is becoming exhausted.