March 20, 2025

Every god damn day - even when it's slow.

Big M&A - Softbank SFTBY acquires Ampere Computing for $6.5B. This is considered an AI chip company, but its general purpose is ARM-based.

Some economists are more concerned about recession.

FedEx FDX report weak.

Nike NKE report looks strong.

More self-driving news - LYFT after TSLA yesterday. It's not yet clear as a catalyst.

AAPL tries to address critics of AI but looks like moving deckchairs on Titanic.

Mosaic MOS Investor Day.

Solventum SOLV Investor Day.

Oracle wants to be a leader in the AI cloud.

JPM steps in to support CAVA after a 40% drawdown.

Substantive Insider Transactions (> $1M)

Buy GOGO, OPRX, ZYME

Sell AMP

Ibotta IBTA short report out of the Bear Cave - It seems late to the party.

Nextdoor KIND is down to $1.67. Seems hopeless.

Adyen and Affirm tie up on payments.

Trump argues for rate cuts into tariffs to ease the transition.

Trump pumps crypto so more in conference address.

Beacon Roofing BECN was finally acquired for $11B. $124.35/share in cash. Low rates will eventually boost the housing market, but it is still early.