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Stockreport

Inside the rise and fall of AI's open source king and his $1 billion startup—and the bad breakup with key investors Coatue and Lightspeed [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Even Mostaque's wife, Zehra Qureshi, was not sure. She texted an employee, worried about Mostaque and noting that he'd left home in his pajamas. Mostaque would soon reappear, brushing it off. But the bizarre episode hinted at a deeper dynamic destabilizing the AI unicorn. When Mostaque was gone, employees had to scramble to communicate with investors, who'd recently poured more than $100 million into the company and wanted to speak to their star founder. The relationship between Mostaque and Stability AI's top investors, formed practically overnight, was vital to the company's early success—even as it began to crack almost immediately. On Saturday, many months after a pressure campaign by investors to oust him had begun and questions about his credibility had been raised, Mostaque resigned from the company he founded. It's a stunning fall from grace for a founder who made headlines in 2022 when he nabbed a $1 billion valuation for his startup while raising its “seed” funding—the [Read more]
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Stockreport

Inside the rise and fall of AI's open source king and his $1 billion startup—and the bad breakup with key investors Coatue and Lightspeed [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Even Mostaque's wife, Zehra Qureshi, was not sure. She texted an employee, worried about Mostaque and noting that he'd left home in his pajamas. Mostaque would soon reappear, brushing it off. But the bizarre episode hinted at a deeper dynamic destabilizing the AI unicorn. When Mostaque was gone, employees had to scramble to communicate with investors, who'd recently poured more than $100 million into the company and wanted to speak to their star founder. The relationship between Mostaque and Stability AI's top investors, formed practically overnight, was vital to the company's early success—even as it began to crack almost immediately. On Saturday, many months after a pressure campaign by investors to oust him had begun and questions about his credibility had been raised, Mostaque resigned from the company he founded. It's a stunning fall from grace for a founder who made headlines in 2022 when he nabbed a $1 billion valuation for his startup while raising its “seed” funding—the [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS