$SKHY is discontinuing a US IPO review for Solidigm, its US storage unit and the former Intel NAND business, per Reuters.
SK Hynix blamed market volatility and said the move "does not reflect any change" in Solidigm's growth prospects or investment needs.
What it left out is that Korean regulators had already called a US listing a breach of dual-listing rules. People familiar with the plans had put the IPO at about $15 billion.
Solidigm still needs a new US factory, and SK Hynix says it's reviewing the "timing, scale and financing." If that money now comes from the parent, buybacks are what's left to squeeze.
Hitbear retweeted
Before your next product offer, choose one competitor in your industry.
Study their offer, then read a few customer reviews or complaints.
Write down one thing customers still struggle with, one thing the competitor does well, and one improvement you could test.
Don't rush to build something entirely new.
Tomorrow, stop asking how to copy the competition. Start asking what you can do better for the people they serve..
$BE earnings report
Revenue and EPS beat 🎉
BLOOM ENERGY $BE JUST REPORTED Q3 EARNINGS
- Revenue: $1.24B, beating est. of $1.05B 🟢
- Adj EPS: $0.94, beating est. of $0.68 🟢
- GAAP EPS: $0.78
- Adj Gross Margin: 34.5% (+412 bps YoY)
- Adj Oper Income: $285.7M
- GAAP Oper Income: $225.4M
- Operating Cash Flow: -$27.1M
- GAAP Gross Margin: 33.8% (+453 bps YoY)
Raises FY26 Guidance:
- Revenue: $4.40B-$4.60B, above est. of $4.1B 🟢
- Adj EPS: $3.10-$3.40, above est. of $2.73 🟢
- Adj Gross Margin: ~34%
- Adj Oper Income: $960M-$1.03B
$META is on the hook for about $825 billion in future spending, per its latest quarterly filing, Bloomberg reports. In July it was nearly $700 billion. That's spread over years, not one.
$355.7 billion is data center and energy leases that haven't started yet, with terms up to 30 years.
$454.5 billion is contracts Meta can't cancel, mostly cloud capacity, servers and energy.
Up to $14.7 billion more is cloud capacity that can shrink.
Most of it is locked in. It only pays off if ad revenue keeps growing faster than those bills come due.
$PEP director Robert Pohlad's Form 4 shows 184,646 shares at $128.28 on Oct 14, about $23.7 million.
It's coded as a purchase, so it reads like a big insider buy.
But a footnote says he took the shares from irrevocable trusts he set up, and his own revocable trust paid them cash.
The shares just moved between his own trusts. No new money went into the stock.
Hitbear retweeted
SoFi has launched SoFi Earn, which it calls the first tokenized deposit a U.S. national bank has issued to consumers.
Each token is $1 on deposit at SoFi Bank. It earns a variable 4.40% APY, is FDIC-insured up to the usual limits, and swaps one-for-one into SoFi's own stablecoin, SoFiUSD.
SoFi points to Fed research estimating that about $64 billion in stablecoins sits idle in forgotten wallets.
Would you park cash in a deposit that earns until you need it? 👇
Full story: check out my eToro, link in bio 🔗
#SoFi #Stablecoins
Hitbear retweeted
People tend to think, "Why reinvent the wheel? Just copy what successful businesses are doing."
Learning from successful businesses is smart.
The mistake is copying their tactics without understanding why they work, who they serve, or what makes their situation different from yours.
A strategy that works for a trusted brand with thousands of customers may fail for a new business nobody knows.
Study the principle. Adapt the strategy. Don't blindly copy the execution..
Elon Musk has put about $1 billion into Skydance $SKYD , Semafor reports. Neither Musk nor Skydance has confirmed it.
Skydance is the old Paramount, renamed after it closed its purchase of Warner Bros. Discovery on Oct 6. It now owns Paramount+, HBO Max, two film studios and two news divisions.
The deal left a debt load of nearly $80 billion and Musk's money is part of a wider push to raise equity. Next to that, $1 billion is small.
The ties run deep. Larry Ellison, David Ellison's father, put $1 billion into Musk's 2022 Twitter deal.
The report doesn't say what Musk gets for the money. Without terms, it's a relationship signal, not a balance-sheet fix.
$NVDA's Jensen Huang told CNBC memory is great because "you can always use more of it." Good for $MU and $SKHY, but that's one of the biggest buyers talking.
He also said Nvidia uses phone-style memory in data centers in "abundant amounts." That's standard DRAM, where China's CXMT just unveiled a new design that spooked investors.
My take: the risk isn't weak demand. Nvidia's move to cheaper memory is the door CXMT walks through.