Manus AI, the Singapore-headquartered agentic-AI start-up at the centre of the Chinese regulatory block on Meta's $2bn-plus December acquisition, is weighing a fresh capital raise of up to $1bn to fund the unwind of the very deal that closed five months ago, Bloomberg reported on Thursday.
Imperagen is using three core technologies as it seeks to redefine enzyme engineering. Specifically, it uses a quantum physics-based simulation instead of trial-and-error enzyme mutations in a lab. Imperagen predicts the behavior of enzyme variants on a computer using advanced quantum physics modeling that can explore millions of mutations, the company said. Then it translates this information into its custom AI models, trained on the enzyme problems Imperagen seeks to explore.
Slapping "AI" on your startup's pitch deck is basically table stakes right now. When a founder raised $20 million from Cathie Wood's ARK Invest for an eSports gamification loyalty startup without those two letters in the spotlight, it got us wondering how the conversation even started - especially when ARK had already been burned by a company operating in the same space.
War is a racket, he couldn't have imagined that a sitting US president would time announcements about major military operations in order to manipulate the stock market. But as the US economy has been increasingly financialized, so too has the nature of war profiteering, increasingly driven by insider trading, oil speculators, and the portfolio earnings of venture capital (VC) investors, tech billionaires, and private-equity fund managers.
Both track the S&P 500. Both charge 0.03% in expenses. Yet over the past year, IVV returned 32.22% while VOO returned 32.12%. Over ten years, the gap flipped the other way: VOO at 318.99% versus IVV at 318.56%. Tiny gaps, but real, and they come from fund plumbing rather than index composition.
Meta is building the most expensive single piece of private infrastructure in American history. Hyperion, the company's AI data centre campus in Richland Parish, Louisiana, now carries a projected cost of more than $200 billion, a figure that has grown steadily since the project was first announced at $10 billion in December 2024. The campus spans nearly 4,000 acres, will require 10 gas-fired power plants generating more than 7 gigawatts of electricity, and is being financed through a $27 billion Wall Street deal that allows Meta to keep most of the debt off its own balance sheet.
Mach Industries, a Huntington Beach-based defense startup, has acquired solid rocket motor startup Exquadrum in a $50 million cash-and-equity deal, the company tells TechCrunch. Exquadrum - now rebranded as Mach Energetics - has been fully folded into Mach's operations, giving it direct control over one of the most important, and constrained, components in modern unmanned systems.
The basic pitch is that while LIV was bankrolled by PIF - to the reported tune of $5 billion - the Saudi involvement also turned off some potential sponsors, golfers, and audiences. Going forward it would succeed or fail on its own merits. If it can get investors to the green.
Lululemon has stopped saying namaste to the man who started it all. The $11 billion yoga-inspired, athleticwear company called founder Chip Wilson "misguided" and "outdated" in a shareholder letter released Monday, urging investors to reject his three board nominees ahead of the June 25 annual meeting.
Q1 2026 revenue of $14.74 million missed the $36.58 million consensus by 59.72%, and EPS came in at -$0.66, a 223.21% miss driven by an $88.65 million induced conversion expense and $55.35 million in stock-based compensation. Shares dropped 11.62% on the report. Reddit sentiment cratered to 11 (very bearish) midday, then recovered to 73 (bullish) within hours as investors refocused on management's reaffirmed $150 million to $200 million full-year guidance and the mid-June BlueBird 8, 9, and 10 launch.
CEO Eric Brock told investors the strategy is to "build Ondas into a scaled global operating platform for unmanned and autonomous systems, serving defense, security, industrial and critical infrastructure markets." The market is paying attention: shares are up 972.04% over the past year, lifting the market cap to $5.26 billion.
XLY tracks the Consumer Discretionary Select Sector Index, a roughly 50-stock slice limited to S&P 500 constituents. That narrow universe forces concentration. Amazon sits at 23.53% of the fund and Tesla at 18.97%, a combined 42.50% in two names, with the top three holdings totaling 50.44%. XLY bets that mega-cap discretionary leaders compound faster than the rest of the sector.
NANC bets that political insiders with proximity to regulation, defense contracts, and committee hearings own quality compounders. The portfolio looks like a tech-heavy S&P 500. The top five positions are NVIDIA at 10.44%, Microsoft at 7.88%, Alphabet at 4.88%, Amazon at 4.84%, and Apple at 3.98%, with names like American Express, Salesforce, Philip Morris, and Netflix filling the top ten. The fund holds roughly $255 million and charges 0.74%.
