Dustin on X

I really wish they would continue it as long as they reported within 24 hrs & CNBC ran a ticker across the screen It’s nice to have congressmen w/ skin in the game. The only shame is that they are disclosing their positions months after taken & theres no hard penalty.

If your cocaine dealer shorted you and didn’t supply you with the full amount of product, contact us at 336-373-2222 to file an official complaint.

$TSLA bulls excited by a $SPCX - $TSLA merger should look at what happened to Lumentum Holdings stock ($LITE) this morning after $MRVL offered a 24% premium to $LITE’s 10/28/2026 closing price of $914, or $1,132 per $LITE share. The stock is is currently down -15% to $750/share as $MRVL stock to be received (4.5 MRVL shares per LITE share) has dropped by -26% since last Wednesday when rumors about the deal came public. When an an acquirer uses its own stock to pay for an acquisition, traders and merger arbs invariably sell down the acquirer’s stock particularly if there is a long time frame between deal announcement and deal close (as in MRVL-LITE, likely first half of 2028). A SPCX-TSLA deal given its size and complexity could take just as long. Marvell Buys Lumentum for $115 Billion. ▪Marvell Technology Inc. agreed to pay $115 billion for Lumentum Holdings Inc., one of the largest chip deals on record. ▪The price tag has already shrunk by about a quarter as Marvell is paying entirely in its own shares, and investors have been selling them since reports of the talks surfaced. ▪Marvell management framed the deal as a race to own the shift from copper to optics inside AI data centers, with the combined company expected to rank among the five largest AI infrastructure chip companies. Piero Cingari 11/02/2026 08:49:36 [BZG] Benzinga Newswire On paper, Marvell Technology Inc.(NASDAQ:MRVL) just agreed to pay $115 billion for Lumentum Holdings Inc. (NASDAQ:LITE), one of the largest chip deals on record. In practice, the price tag has already shrunk by about a quarter. Marvell is paying entirely in its own shares, and investors have been selling them since reports of the talks surfaced last Wednesday. Under the official terms announced Monday, Lumentum holders will receive 4.5 Marvell shares for each share they own. That valued Lumentum at about $1,132 a share, or a 23.9% premium, based on Oct. 28 closing prices. Lumentum holders will end up with about a third of the combined company, and the deal is expected to close in the first half of 2028. The market has since rewritten those terms. Marvell has dropped 25% from its Oct. 28 close, shedding roughly $55 billion in market value, as investors balked at the price and the dilution. The stock fell another 4.5% to $187.39 in early Monday trading. Because the deal is paid entirely in stock, Marvell’s slide has also reduced the offer’s value. The 4.5 Marvell shares promised for each Lumentum share were worth about $1,132 when the terms were set. At Monday’s premarket price, they are worth about $849, a quarter less. Management framed the deal as a race to own the shift from copper to optics inside AI data centers. “AI infrastructure is undergoing a fundamental architectural shift toward optical connectivity, creating an opportunity that comes along once in a generation,” Marvell Chairman and CEO Matt Murphy said. “The companies that move first and help define this transition will set the standard for decades to come,” he added. On a joint call with analysts, Murphy said he expects the combined group to rank among the five largest AI infrastructure chip companies. Lumentum CEO Michael Hurlston, who will join Marvell’s board, pointed to the size of the prize. “Joining Marvell creates a company uniquely positioned to capitalize on a market opportunity of $550 billion and generate significant, sustainable stockholder value,” Hurlston said. “Surging AI data traffic requires rapid hardware innovation, and this combination enhances our ability to deliver next-generation solutions at scale,” he added. Marvell brings interconnect, switching and custom AI chips. Lumentum adds lasers, optical transceivers, optical circuit switching and its own indium phosphide manufacturing. The companies expect more than $1 billion in annual cost synergies and a deal that adds to Marvell’s adjusted earnings in the first year after closing.

Jim Cramer is a legend

Neuralink’s first product is called Telepathy. It enables high-speed communication with computers or humans simply by thinking. Output bandwidth will vastly exceed the fastest human speech or typing in a few years. Read that sentence again.

Our second product is called Blindsight and it will, as the name suggests, enable even those who are completely blind or have never seen to see. It is ready from an engineering standpoint. Just waiting on regulatory approval.

$SPCX Put up or shut up. No one else is putting up money like this. TBD