Lightnews — Scholar-powered news

Luke Kawa @ljkawa.bsky.social · 2d

the OpenAI currency swap accord

Luke Kawa @ljkawa.bsky.social · 2d

Getting to price seven-year call options that are 20% and 100% above the current strike price for a quantum computing stock sounds like my idea of a good time.

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Luke Kawa @ljkawa.bsky.social · 2d

Really fun financing from $IONQ in their $2-billion raise (which could become a ~$9-billion raise if the shares double over the next 7 years).

Very creative. JPM earned underwriting fee here.
sherwood.news/markets/ionq...

IonQ dips after raising $2 billion through a creative sale of stock and warrants

Heights Capital is paying IonQ more than its shares are worth right now in order to get cheaper optionality to the stock going up over 20% or...

sherwood.news

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Luke Kawa @ljkawa.bsky.social · 3d

Think it’s just another one of those signposts we can use for the tension between the ideas of “AI <is> the economy” and other signs of economic fraying (payrolls, Tricolor/First Brands)

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Luke Kawa @ljkawa.bsky.social · 3d

The three-month correlation between the daily change in Morgan Stanley’s “US AI tech beneficiaries” basket and $PSP (global listed private equity ETF) is at its weakest level since the AI boom started

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Luke Kawa @ljkawa.bsky.social · 3d

it looks like.....extremely bad news for those of us who've benefitted from his advice. The PhD is riddled with errors, which honestly couldn't care less about, but the cover-up/response to it is what's really disheartening.

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Luke Kawa @ljkawa.bsky.social · 3d

The weightlifting community fighting over Mike Israetel's PhD thesis is more drama than anything Bravo's done in years. Highly recommend doing a cursory YouTube search if you're at all interested in this space.

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Luke Kawa @ljkawa.bsky.social · 3d

“I think fiber will be the next protein. Consumers are starting to understand that fiber is a benefit that they need.” -Pepsi CEO Ramon Laguarta

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Luke Kawa @ljkawa.bsky.social · 3d

if you had it would be a) catchier b) gain more traction

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Luke Kawa @ljkawa.bsky.social · 3d

i’ve described it as “debasement of labor relative to assets ex-housing”

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Luke Kawa @ljkawa.bsky.social · 3d

You kinda gotta 👀 that references to the “debasement trade” are surging amid US Dollar Spot Index heading to multi-month high

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Luke Kawa @ljkawa.bsky.social · 3d

Fun fact:

With the addition of $POET, at least 4 of 19 stocks in the $MEME ETF are either: run by a Canadian, were founded in Canada, have a Canadian founder, or are HQ’d in Canada. 🇨🇦

Luke Kawa @ljkawa.bsky.social · 4d

An ETF exclusively for meme stocks launches today, re-brought to you by Roundhill
sherwood.news/markets/meme...

An ETF exclusively for meme stocks launches today

The actively-managed product uses volumes, option-implied volatility, and social media momentum to piggyback on names where retail traders see...

sherwood.news

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Luke Kawa @ljkawa.bsky.social · 3d

Re-upping this before the official end of the Core Four era tonight

Luke Kawa @ljkawa.bsky.social · Jul 1

CORE FOUR NO MORE

Mitch Marner’s departure to Vegas ends a unique streak in the modern NHL:

There has not been a group of 4 players who produced so much for so long together with less playoff success to show for it than these Toronto Maple Leafs stars.
sherwood.news/culture/the-...

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Luke Kawa @ljkawa.bsky.social · 4d

The notional value of single-stock call volumes is on a tear

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Luke Kawa @ljkawa.bsky.social · 4d

Aging non-poorly.

Luke Kawa @ljkawa.bsky.social · 6d

“CAC” was a big thing in the 2010s, feels like in AI world we’re replacing it with “customer success cost”

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Luke Kawa @ljkawa.bsky.social · 4d

An ETF exclusively for meme stocks launches today, re-brought to you by Roundhill
sherwood.news/markets/meme...

An ETF exclusively for meme stocks launches today

The actively-managed product uses volumes, option-implied volatility, and social media momentum to piggyback on names where retail traders see...

sherwood.news

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Luke Kawa @ljkawa.bsky.social · 5d

on sale in case you want to feel young and cool again www.amazon.com/Von-Dutch-Un...

Von Dutch Unisex Trucker Hat - Curved Bill Mesh Back Retro Classic Adjustable Snapback Baseball Cap for Men and Women

Buy Von Dutch Unisex Trucker Hat - Curved Bill Mesh Back Retro Classic Adjustable Snapback Baseball Cap for Men and Women, Black/Black: Shop top fashion brands Baseball Caps at Amazon.com ✓ FREE DELIVERY and Returns possible on eligible purchases

www.amazon.com

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Luke Kawa @ljkawa.bsky.social · 5d

i concur doctor (but gotta write the news)

Luke Kawa @ljkawa.bsky.social · 5d

My chiro (big tesla shareholder) is worried that the broad market is too expensive

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Luke Kawa @ljkawa.bsky.social · 5d

levels or ROC?

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Luke Kawa @ljkawa.bsky.social · 5d

Can only look at Nvidia and think “well I guess there’s a silver lining to falling out of a lot of momentum baskets”

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Luke Kawa @ljkawa.bsky.social · 5d

installation time is how I read it

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Luke Kawa @ljkawa.bsky.social · 5d

I would VERY GLIBLY say something like “wake me up when it’s the biggest segment of debt in the high yield market”

Jesse Felder @jessefelder.bsky.social · 5d

‘The amount of debt tied to artificial intelligence has ballooned to $1.2 trillion, making it the largest segment in the investment-grade market, according to JPMorgan Chase & Co.‘ www.bloomberg.com/news/article...

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Luke Kawa @ljkawa.bsky.social · 5d

Bombshell report from The Information is sparking an AI selloff:

Renting out access to Nvidia chips does not appear to be a fantastic money-maker, based on internal docs from Oracle

sherwood.news/markets/orac...

Oracle tumbles after report that it’s lost nearly $100 million from renting out access to Nvidia’s Blackwell chips

Early returns from the AI boom look tiny for Oracle, per The Information....

sherwood.news

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Luke Kawa @ljkawa.bsky.social · 5d

I will say spending 106 minutes on the phone with a customer service rep yesterday (who was lovely!) made me fairly bullish on low hanging fruit for AI adoption.

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