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rcxdudeyesterday at 9:53 PM2 repliesview on HN

Some of the spike is speculation, and the overshoot seems to be correcting itself now. But the deal that sparked it was a contract promising to buy future capacity, not just doing a big block order for a bunch of stock 'in case' (which isn't unusual: if you're a big buyer, you will almost certainly buy most things this way).


Replies

Ekarosyesterday at 11:08 PM

Sounds like market manipulation to me... But I suppose that is not punished...

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Fr0styMatt88yesterday at 11:06 PM

It seems like it wasn’t really a binding contract? At least the OpenAI one, some are saying it was more a letter of intent kind of thing?