Hey,
Spotted: AeroVironment’s stock popped 19% (drones are thriving), Baidu’s chip arm might be eyeing a juicy $50B Hong Kong debut, Blackstone just cashed out $3.5B worth of Virginia data centers to Digital Realty, and a bankrupt crypto lender’s leftover assets are somehow about to hit Nasdaq — plus your weekly riddle and some hot job openings to snoop through.
We have also released our newest podcast called the Haystack Huddle!! Check it out with the button below.
AeroVironment shares jumped 28% after Q4 revenue more than doubled to $642 million, beating estimates, with a $1.2 billion backlog.
Investors reportedly required to buy semiconductors worth multiples of their planned investment, amid China's broader push to close the AI hardware gap with the US.
Digital Realty agreed to pay Blackstone $3.5 billion in cash and stock for a 64% stake in three fully leased Northern Virginia data centers, valued at $7.8 billion gross, expanding its hyperscale capacity in the world’s largest data center market.
Filed Monday for a Nasdaq direct listing under “IOND.” Formed from Celsius Mining’s bankrupt crypto assets, Ionic issued 37 million shares to Celsius creditors and raised $400 million at a $2 billion valuation. Stockholders plan to sell up to 10.8 million shares, with J.P. Morgan, Jefferies, and BTIG advising.
🧠 Quick Brain Teaser!
I’m tied up, yet I set you free.
The more knots I have, the further I let you be.
What am I?
Answer at the bottom of the newsletter!
🔥Trending Roles:
Senior Backend Developer, Pixel
Fully Remote, Manchester
Lead AI Engineer, Answer Digital
Hybrid, Leeds
Lead Delivery Consultant, Answer Digital
Hybrid, Leeds
Full Stack Engineer, Novabook
Fully Remote, London
Lead Developer, Ctrl Hub
Fully Remote, Gateshead
✈️ Head on over to Haystack to browse more roles like these ones!
📚 What We’re Reading:
And the answer is…… 🥁🥁🥁🥁
🪢 Rope
Goodbye, see you next week.
Haystack
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