Capitalist Insider: Trump-linked group locks in massive $13.7B AI chip deal

Cathie Wood’s ARK and Harvard go big into SpaceX for Billions

Hello Capitalist Insiders!

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• Trump-linked group locks in massive $13.7B AI chip deal

• Cathie Wood’s ARK drops nearly $27M on Musk’s SpaceX

• Harvard crowns SpaceX top holding with massive $2.2B bet

• Truist hikes CoreWeave target to $165 as GPU costs soar

• Nasdaq and NYSE launch 23-hour trading starting Dec. 6

• Kalshi files to bring perpetual futures to stock indexes

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Trump-linked group locks in massive $13.7B AI chip deal

RUM Group, which hosts President Trump’s Truth Social platform, signed a $13.7 billion contract to supply AI chips to an unnamed U.S. cloud customer over six years, with shares rising more than 8% premarket.