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The acquisition, priced at $8 billion in cold, unyielding cash, has been ratified by both corporate hierarchies. Genmab’s high priests of profit declared this union would “meaningfully accelerate” their pilgrimage toward a “wholly owned model,” a phrase that drips with the irony of modern corporatist dogma. The deal’s consummation, expected in the first quarter of 2026, promises to “diversify revenue streams” and “drive sustained growth”-mantras chanted since time immemorial in the temple of shareholder value.

Consider the past twelve months: a $10,000 stake in BBAI would have swelled to $42,290, a sum that glimmers like a mirage in the desert of the S&P 500’s meager gains. Yet such growth is not the work of mere numbers. It is the product of contracts inked with government hands, of biometric systems that map the human face like constellations, and of a world intoxicated by the scent of artificial intelligence. But here lies the paradox-the same winds that lift a ship can capsize it. Revenue, once a river, now trickles; losses bloom like a noxious weed, swelling from $14.4 million to $228.6 million, a chasm that yawns beneath the surface.

Lockheed Martin, that eternal bird of steel reborn from the ashes of endless contracts, now finds itself perched in Summit’s portfolio like a gargoyle surveying a cathedral. The shares, purchased during the quarter ended June 30, 2025, represent 1.0295% of the fund’s 13F assets-a feather in the cap, but not the crown. The company’s own plumage shimmers with $71.84 billion in trailing revenue and a dividend yield of 2.66%, though its stock price slumps 19.7% below its 52-week zenith. A paradox: a firm both indispensable and vulnerable, like a knight clad in armor with a chink at the throat.

Another day, another stock that’s decided to moonwalk downward. Today’s victim? Etsy. Let’s dissect this disaster with the precision of a seasoned activist investor (read: someone who still hasn’t figured out dollar-cost averaging).

OpenAI, that temple of artificial enlightenment, has unveiled DocuGPT-an AI “agent” designed to parse contract data with the precision of a butler inspecting a guest’s pedigree. The system, we are told, combines automated alchemy with human oversight to halve the drudgery of legal paperwork. Its creators wax poetic about “searchable, organized databases,” as though they’ve discovered a method to make tax law thrilling.

Enter Kalshi, a neophyte bettor, still cloaked in the veil of privacy. Born in 2018, it wields the patronage of esteemed venture firms and a platform unveiled in 2021, designed for wagering on the caprices of politics and economics. Yet lo! It has turned its gaze to sports, posting records on Saturday, then surpassing them on Sunday-a feat rivaling even the November 2024 election frenzy. Such vigor, one must concede, casts a long shadow over DraftKings and its ilk.