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Trump Media & Technology Group Corp. Common Stock -> `60.381` (-5.84 / -8.82%)
Nvidia Corp -> `901.425` (-1.08 / -0.12%)
Semtech Corp -> `32.348` (4.488 / 16.109%)
Yeah Tesla had bit of a headstart. And I mean they still sell well. Just not good enough to reach those lofty valuations. But musk is becoming more and more a suboptimal CEO in a way. I'd say to build a startup and to run a large corp takes different talents. Musk was the right one to grow Tesla. But nowadays probably needs some suit guy coming in to manage such a large ship.
yes if you work for a large corp
Most jobs in US still held by boomers. What will big orgs do in the next decade? No one in their 20s be like “oh can’t wait to be an anonymous sys admin cuck at a mega huge corp!” This sort of shit is where AI’s biggest potential will start to be realized.
Just yesterday bought Insulet Corp (Omnipod) because I think they are undervalued. They had a big drop last year in August because of weight loss medication but Omnipod is anyways more targeted at type 1 diabetes. Also they seem to me as the more advanced solution currently.
>GCTS ​ Business Wire GCT Semiconductor Becomes a Publicly Traded Company After Completing Business Combination with Concord Acquisition Corp III, Will Commence Trading on NYSE Under Ticker Symbol "GCTS" * Transaction values GCT at a pro forma enterprise value of approximately $461 million at closing * Pro forma valuation of GCT of up to approximately $667 million, which includes up to 20.6 million performance-based earnout shares * Transaction provided GCT approximately $50 million of gross proceeds to finalize development of a full-band 5G chipset portfolio as well as for expansion into new markets * Approximately $49 million has been funded via fully committed PIPE and convertible note financing from both existing and new investors of GCT * All GCT existing stockholders retained their equity holdings through GCT’s transition into the publicly listed company and substantially all outstanding convertible notes will convert into common stock at closing GCT Semiconductor, Inc. (“GCT Semiconductor” or “GCT”), a leading fabless designer and supplier of advanced LTE, IoT and 5G semiconductor solutions, is pleased to announce the completion of its business combination, previously announced on November 3, 2023 with Concord Acquisition Corp III (NYSE: CNDB) (“Concord”) today. Concord’s sponsor is affiliated with Atlas Merchant Capital LLC, an investment firm that offers debt and equity investment strategies, seeking long-term value through differentiated expertise in financial services and credit markets. Commencing at the opening of trading on March 27, 2024, GCT common shares and warrants to purchase common shares will be listed on the NYSE under the ticker symbols “GCTS” and “GCTSW,” respectively. The transaction values GCT at an enterprise value of approximately $461 million, with a total pro forma enterprise value of $667 million, which includes 20.6 million performance-based earnout shares. The transaction has provided the combined company with approximately $50 million of gross proceeds to fuel its continued growth.
Nvidia Corp -> `897.865` (-27.7 / -2.99%)
$DWAC was a SPAC. Those are created solely as vehicles for a future merger hence the name "Acquisition Corp" and the heavy emphasis on legal expenses. It's not $DWAC that has anyone excited but rather the prospects for the MERGED company which is the digital branch of Trumpworld. Will it be successful? Who knows but there is potential. He has at least 80 million rabid supporters. A TV network is one possibility.
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