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Discord Confidentially Files for IPO, Elon Musk’s xAI Raises $20 Billion
Published 1 month, 3 weeks ago
Description
Market update for January 7, 2026
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In today’s episode:
- storage stocks surge after Nvidia’s Jensen Huang highlights memory demand
- Discord confidentially files for a U.S. IPO as the tech IPO market heats up
- Elon Musk’s xAI raises a massive $20B with backing from Nvidia and Cisco
- Mobileye jumps on its $900M humanoid robotics acquisition
- Deckers slides after analysts downgrade Hoka’s growth outlook
- Web traffic data shows ChatGPT losing ground to Google’s Gemini