Kyber, a Paris-based startup building real-time device control infrastructure for robots, drones, and remote systems, has raised $5 million in a seed round led by Lightspeed Venture Partners, with OVNI Capital and Kima Ventures participating alongside the lead, a round that amounts to approximately €4.3 million at current exchange rates. The company was founded by Jean-Baptiste Kempf, who built VLC, the ubiquitous open-source media player, before serving as CTO at cloud gaming startup Shadow. That biography is not incidental to what Kyber does. The Technology Behind Kyber’s Real-Time Device Control Kyber’s core product is an SDK that synchronises video, audio,…
Author: Funke Adeyemi
Funke Adeyemi
Funke Adeyemi spent a decade in corporate banking and fintech before moving to business journalism. She started in trade finance at a major UK bank, moved to a payments company scaling into African markets, and spent her last role leading partnerships at a cross-border remittance platform. She writes about business strategy, fintech, digital banking, and the corporate news that moves markets. She is interested in how companies actually make money rather than how they describe making money in investor presentations. Funke lives in South London. She reads earnings calls the way other people listen to podcasts, and finds them about as reliable.
Snowflake, MongoDB and Walmart are the Wall Street analyst picks drawing fresh conviction this week, as Bank of America, Tigress Financial and KeyBanc each reiterate buy ratings amid geopolitical uncertainty that has left many investors reluctant to commit. The common thread across all three: AI tailwinds meeting durable structural advantages. Snowflake: A Guidance Raise and a $6 Billion Cloud Commitment Bank of America analyst Koji Ikeda reiterated his buy rating on Snowflake (SNOW) and maintained a price target of $300, grouping the company among what he calls the “Fab Five” of infrastructure software, alongside Datadog, JFrog, MongoDB and Twilio. Snowflake’s…
The Buffett-Musk moat debate, which flared in 2018 during a Tesla earnings call, has never quite gone away, and Berkshire Hathaway’s latest quarterly results offer fresh evidence for one side of it.It started when an investor asked Elon Musk why Tesla had opened its Supercharger network to rival carmakers. The question carried an implicit compliment: the infrastructure would take years and millions of dollars to replicate. Musk was unmoved. Moats, he said, were ‘lame… sort of quaint in a vestigial way.’ Innovation pace, not competitive barriers, was ‘the fundamental determinant of competitiveness.’Warren Buffett, speaking at the Berkshire Hathaway shareholders meeting…
SpaceX proxy stocks are unwinding fast, and the selloff is telling traders more about positioning mechanics than about the underlying companies. EchoStar dropped 14% on Friday. AST SpaceMobile fell nearly 13%. Virgin Galactic Holdings surrendered all of Thursday’s gain with a 34% loss. The real thing had arrived: SpaceX’s initial public offering, priced at $135 a share. Why SpaceX Proxy Stocks Moved in the First Place The logic behind the proxy trade was never complicated. SpaceX was private, and most investors had no direct route in. So money flowed to the next best thing: companies with SpaceX equity stakes, launch…
SpaceX options trading demand, even before a single contract changes hands, is already moving markets. The IPO is set to price at $135 a share, and the ripple effects are visible across a cluster of listed proxies whose recent gains have more to do with investor impatience than their own fundamentals. SpaceX Options Trading Demand and the Proxy Play Problem ‘There’s a ton of short-dated call buying in these names as a way to get long SpaceX,’ said Danny Kirsch, head of options trading at Piper Sandler, speaking by phone. ‘I have no doubt part of it is retail demand…
SpaceX IPO investors who got in early, and stayed patient, are now staring at some of the largest paper gains in the history of private markets. The rocket maker filed a confidential draft registration statement with the Securities and Exchange Commission (SEC) on 1 April 2026, the first formal step toward what ARK Invest describes as potentially the largest IPO in the history of capital markets. The company is targeting a Nasdaq listing as early as June 2026. According to ARK Invest’s official IPO guide, SpaceX is seeking a valuation of $1.75 trillion and aims to raise up to $75…
The SpaceX IPO hedging challenge facing institutional investors is unlike anything Wall Street has encountered before: when SPCX begins trading on the Nasdaq on 12 June, there will be no directly comparable public company against which traders can build a hedge. Reuters reported that SpaceX targeted 11 June for IPO pricing, with the listing to follow the next day. ‘What are you going to do, short NASA?’ asks Dennis Davitt, chief investment officer at Millbank Dartmoor Portsmouth. It is a rhetorical question, but it captures the problem precisely. The SpaceX IPO Hedging Challenge Has No Easy Proxy For institutional investors…
Kalshi perpetual futures volume hit $1 billion within a week of launch, the company said, offering the first concrete measure of how much pent-up US demand existed for a product that had no domestic legal home until last month. The platform officially began trading crypto perpetual futures on a Wednesday. In the first 24 hours alone, more than $100 million changed hands. Those figures are notional, meaning the leverage traders apply to their contracts is included. Perpetual futures, known in crypto circles as perps, are futures contracts with no expiration date. Traders can speculate on an asset’s price without owning…
The Marvell Technology S&P 500 inclusion announcement landed like a starting pistol for options traders, touching off a wave of bullish positioning across semiconductor names at a moment when the sector was already raw from two weeks of violent swings. The Marvell Technology S&P 500 Inclusion Trade S&P Dow Jones Indices confirmed, via a S&P Dow Jones Indices press release, that Marvell Technology and contract electronics manufacturer Flex would join the index prior to the open on 22 June 2026, coinciding with the quarterly rebalance. Pool Corp and The Campbell’s Company are the two names being removed to make room.…
