INFORMANT

TRANSCRIPT

The Operator: Good evening. The tape is quiet tonight, so we look to the source packet for noise.

The Operator: According to CNBC Technology, Trump Media posted a net loss of over $238 million in its fiscal some number. Revenue sat below $2 million while operating expenses jumped 275 percent year-over-year.

The Operator: According to CNBC Technology, OpenAI has completed a secondary share sale totaling roughly $7 billion. Current and former employees are selling stock at the company’s $852 billion valuation, following its record-breaking $122 billion funding round in March.

The Operator: According to CNBC Technology, live shopping platform Whatnot closed a $545 million Series G round. This nearly doubled its valuation to roughly $20 billion, as it commands about 60 percent of the live commerce market.

The Operator: According to CNBC Technology, SK Hynix announced an investment of 54 trillion Korean won, or $38.1 billion, to build two new memory chip plants in South Korea. The move targets surging demand for high-bandwidth memory driven by AI infrastructure.

The Operator: That is the wire.

The Operator: That's the show. We're on Spotify and YouTube — if this earned it: like, subscribe, tell a friend. And housekeeping: the machine that writes this gets tuned constantly for cleaner news. The numbers are real; the jokes are not.