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GameStop Corp. engages in offering games and entertainment products through its ecommerce properties and stores. The firm’s stores and ecommerce sites operate primarily under the names GameStop, EB Games, and Micromania. It operates through the following geographical segments: United States, Canada, Australia, and Europe. The company was founded by Daniel A. DeMatteo in 1996 and is headquartered in Grapevine, TX.

Gamestop Corporation - Ordinary Shares - Class A

GameStop Corp

GameStop is trending amidst community discussions around its potential for another short squeeze, drawing comparisons to the $BYND surge and past events with $AMC. Investors are closely monitoring utilization rates and options activity, while also debating the impact of Ryan Cohen's recent commentary and future company strategy. Overall sentiment is mixed, with some expressing frustration while others remain optimistic about a potential breakout.

RAGE GUY (RAGE) is a cryptocurrency inspired by the Rage Guy meme, one of the earliest and most recognizable characters from internet rage comics. The project captures the cultural legacy of early meme history and brings it onto the blockchain in tokenized form. It is designed as a community-driven digital asset that celebrates internet culture, nostalgia, and the role memes play in shaping online communities.

Rage Guy

RAGE CRYPTO is trending as community members rally around the OG meme coin, emphasizing its strong community and commitment to "working for their bags." Discussions highlight the importance of community, the staying power of memes versus coins, and the anticipation for a moonshot listing. The community aims to recapture the 2021 meme-centric market enthusiasm.

DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

DraftKings Inc. - Ordinary Shares - Class A

DraftKings Inc

DKNG is trending as it moves into prediction markets with the acquisition of Railbird, aiming to expand beyond traditional sports betting; this has sparked discussions about the potential impact on existing sports betting regulations. Community chatter revolves around whether this move will unlock new markets and revenue streams, or if it's a defensive play against emerging competitors. Some are also debating if this will help regain previous highs and if there is a potential short squeeze.

Intuitive Surgical, Inc. engages in the provision of robotic-assisted surgical solutions and invasive care through a comprehensive ecosystem of products and services. Its products include Da Vinci Surgical and Ion Endoluminal systems. The company was founded by Frederic H. Moll, John Gordon Freund, and Robert G. Younge in November 1995 and is headquartered in Sunnyvale, CA.

Intuitive Surgical Inc

Intuitive Surgical is trending following a strong Q3 earnings report, marked by a surge in robotics adoption and a significant after-hours price jump, generating excitement among investors who anticipate further gains. The community is actively discussing the company's growth, the Da Vinci system's momentum, and potential impact of these results on the broader robotic surgery sector, although some express concerns about stretched valuations and margin pressures.

Welcome to SLAP – The Only Coin That Slaps Harder Than Your Moms  Tired of coins that claim they SLAP but are nothing but limp wrists? SLAP is here to SLAP some sense into the crypto space.  Founded by the Flutter of Five Fingers and powered by the Prancing of the Pried Palm, SLAP isn’t just another coin—it’s an attitude.  We’re not here to talk roadmaps, utility, or world peace. We’re here to SLAP charts, SLAP the haters, and SLAP our way to the top. No VC suits, no corporate nonsense—just raw, unfiltered internet culture with a side of “did we just do that?  ”So load your wallet, mute your financial advisor, and get ready to ride the most unhinged meme rocket. Open up your hands, and start swingin'. You never know what you could hit.  SLAP: It’s not a coin. It’s a lifestyle.

Slap

Slap is trending as the community rallies around recent sponsorships and staking rewards, with some seeing it as more than just a meme. Bullish sentiment appears to be linked to the performance of ETH and BTC, with community members emphasizing long-term growth and IRL partnerships. Discussions also highlight the potential for generational wealth and the project's strong community.

Anavex Life Sciences Corp. is a clinical stage biopharmaceutical company, which engages in the development of different therapeutics for the treatment of neurodegenerative and neurodevelopmental diseases. Its lead compound, ANAVEX2-73, is being developed to treat Alzheimer's and Parkinson's disease and central nervous system diseases, including Rett syndrome. The company was founded by Harvey Lalach and Athanasios Skarpelos on January 23, 2004 and is headquartered in New York, NY.

Anavex Life Sciences Corporation

Anavex Life Sciences Corp

AVXL is trending due to community excitement and discussion around a recent assessment of Blarcamesine's market potential for Alzheimer's treatment in the EU and US. The community is focused on potential valuation, QALY analysis, and the possibility of accelerated approval and subsequent buyout. Ongoing discussions also revolve around short squeezes and the timing of EMA's decision.

Sweetgreen, Inc. owns and operates a chain of salad restaurants. It offers drinks, sides, local bowls, salads, plates, and warm bowls. The company was founded by Nicolas Jammet, Jonathan Neman, and Nathaniel E. Ru in November 2006 and is headquartered in Los Angeles, CA.

Sweetgreen Inc - Ordinary Shares - Class A

Sweetgreen ($SG) is trending amid high short interest and anticipation of a potential squeeze, with traders closely watching volume and options activity.  The community is discussing the company's oversold condition and possible catalysts, including a potential gamma squeeze and upcoming earnings on November 6th. Some investors are optimistic, citing recent executive hires and a robotics play, while others express concerns about the company's valuation and profitability.

Hut 8 Corp. operates as a Bitcoin miner that focuses on mining. It provides digital asset mining, hosting, and managed infrastructure operation services. The company was founded on January 27, 2023 and is headquartered in Miami, FL.

Hut 8 Corp

Hut 8 Corp is trending as community members discuss the potential for significant gains, drawing comparisons to other companies in the sector. Bullish sentiment is fueled by rising Bitcoin prices and the company's pivot towards AI and data centers, while some analysts have raised their price targets. Community members also discuss Hut's potential partnership with META for its data centers.

Netflix, Inc. engages in providing entertainment services. It also offers activities for leisure time, entertainment video, video gaming, and other sources of entertainment. It operates through the United States and International geographic segments. The company was founded by Marc Randolph and Wilmot Reed Hastings on August 29, 1997 and is headquartered in Los Gatos, CA.

Netflix Inc.

Netflix Inc

Netflix is trending downwards after its earnings report, with discussions focusing on an EPS miss attributed to a Brazilian tax dispute. Community sentiment appears bearish, with some citing concerns about content and valuation, while others see a buying opportunity due to strong revenue growth and ad potential. The broader market impact and potential downgrades are also being closely watched.

Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through the following segments: Analog, Embedded Processing, and Other. The Analog segment semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. The Embedded Processing segment involves handling specific tasks and can be optimized for various combinations of performance, power, and cost, depending on the application. The company was founded in 1930 and is headquartered in Dallas, TX.

Texas Instruments Inc.

Texas Instruments is trending due to a mixed Q3 earnings report and cautious guidance, sparking debate about its valuation and future growth. Community discussion revolves around whether the stock's drop is an overreaction or signals a longer-term slowdown, with some citing concerns over tariff impacts and competition. Despite strong growth in some areas, the outlook has raised questions about the company's prospects within the semiconductor sector.

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Meta Platforms Inc.(META) backed Scale AI is reportedly making deep cuts to its workforce, laying off hundreds of employees in a move to slim down its data-labeling division.&nbsp;According to a Bloomberg&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-07-16/scale-ai-to-cut-14-of-staff-following-meta-investment?srnd=phx-technology">report</a>, Scale has dismissed 200 full-time staff members, representing approximately 14% of its global workforce.&nbsp;Additionally, the company will discontinue its work with 500 contract workers. The move is intended to streamline the organization and enhance its operational efficiency.On Stocktwits, retail sentiment toward Scale AI remained in ‘neutral’ territory with ‘extremely low’ retail chatter levels.<figure class="image"><img style="aspect-ratio:812/94;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_16_at_1_58_26_PM_png_bb976e095c.webp" alt="SCALEAI’s Sentiment Meter and Message Volume as of 02:00 p.m. ET on July 16, 2025 | Source: Stocktwits" width="812" height="94"><figcaption>SCALEAI’s Sentiment Meter and Message Volume as of 02:00 p.m. ET on July 16, 2025 | Source: Stocktwits</figcaption></figure>Following the report,&nbsp;<a href="https://stocktwits.com/symbol/META">Meta Platforms stock&nbsp;</a>inched 0.9% lower on Wednesday afternoon. But retail sentiment improved to ‘bullish’ (64/100) from ‘neutral’ territory amid ‘high’ (56/100) message volume levels.<figure class="image"><img style="aspect-ratio:808/101;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_16_at_2_00_32_PM_png_0ea4487783.webp" alt="META’s Sentiment Meter and Message Volume as of 02:00 p.m. ET on July 16, 2025 | Source: Stocktwits" width="808" height="101"><figcaption>META’s Sentiment Meter and Message Volume as of 02:00 p.m. ET on July 16, 2025 | Source: Stocktwits</figcaption></figure>Meta had recently invested $14.3 billion in the company, acquiring a 49% stake, and hired away its co-founder and CEO, Alexandr Wang.Interim CEO Jason Droege explained that the job cuts stemmed from rapid hiring and increased structural complexity during a period of fast growth. In a message to employees, he noted that the data-labeling division had expanded too quickly, resulting in workflow issues and a lack of clarity across teams, according to the report.&nbsp;Droege also pointed to evolving market conditions and changing customer requirements as major drivers of the decision.After Meta’s investment, Scale’s high-profile clients, such as OpenAI and Alphabet Inc. (GOOGL), have allegedly scaled back or cut ties with the company due to fears that Meta could gain visibility into their sensitive AI development efforts.Even with these challenges, Scale expects a 2025 revenue of about $2 billion, from its $870 million revenue in 2024. The company is likely to shift its focus toward more lucrative labeling efforts tied to programming, speech, and linguistic data.Meta Platforms' stock has gained only 0.3% since Scale AI confirmed the tech giant’s stake. But the stock has gained over 43% in the last 12 months.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/google-pixel-10-event-draws-retail-cheer/ch8hSjqR5oF">Google’s Pixel 10 Event Draws Retail Cheer As It Promises Foldable AI Phones And Smartwatch</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

The Scale AI logo appears on the screen of a smartphone in Reno, United States, on December 2, 2024.

Scale AI Reportedly Slashes Workforce After Meta Deal, But Retail Keeps Neutral Ground

Scale AI is laying off 200 full-time staff members after Meta’s investment and CEO exit, aiming to refocus its operations amid client losses and shifting demand in AI data labeling.

Equity

Scale AI is laying off 200 full-time staff members after Meta’s investment and CEO exit, aiming to refocus its operations amid client losses and shifting demand in AI data labeling.


Meta Platforms (META) reportedly explored acquiring AI search startup Perplexity before opting to make a multibillion-dollar investment in Scale AI.According to a Bloomberg&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-06-20/meta-discussed-buying-perplexity-before-investing-in-scale-ai">report</a>, which did not disclose the financial details of the discussions,&nbsp;<a href="https://stocktwits.com/symbol/PERPLEXITY">Perplexity</a> and Meta couldn’t come to an agreement, which is why they decided not to pursue the deal. However, according to the publication's timeline, the talks took place prior to Meta finalizing its investment of $14.3 billion in&nbsp;<a href="https://stocktwits.com/symbol/SCALEAI">Scale AI</a> for a 49% stake.<a href="https://stocktwits.com/symbol/META">Meta’s stock</a> was down over 1.2% in Friday afternoon trading. However, retail sentiment on Stocktwits was in ‘bullish’ territory, up from ‘neutral’ a day ago. The shares have gained more than 16% this year and 36% over the last 12 months.As per a CNBC&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2025/06/19/meta-tried-to-buy-safe-superintelligence-hired-ceo-daniel-gross.html">report</a>, Meta founder Mark Zuckerberg also tried to acquire Illya Sutskever’s startup Safe Superintelligence earlier this year, but was rebuffed. Following&nbsp;this, Zuckerberg reportedly hired the startup’s CEO Daniel Gross and former Github CEO Nat Friedman, who are joining Meta as a part of transition and will be working on products under Scale AI co-founder Alexandr Wang.Meta’s investment in Scale AI is reportedly putting other tech giants at&nbsp;arm's length. According to another&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.businessinsider.com/google-xai-openai-pull-back-meta-scale-ai-investment-2025-6">report</a> by Business Insider (BI), Google (GOOG/GOOGL),&nbsp;<a href="https://stocktwits.com/symbol/OPENAI">OpenAI</a>, and Elon Musk’s&nbsp;<a href="https://stocktwits.com/symbol/XAI">xAI&nbsp;</a>have paused some Scala AI projects.&nbsp;Google had reportedly been winding down its work with Scale AI even before the announcement was official.&nbsp;A smaller Scale AI investor told BI that they plan on selling their remaining stake in the startup because Meta’s investment is unlikely to make up for the loss of business from the tech giants.&nbsp;According to&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/mark-zuckerberg-quietly-building-a-superintelligence-team/chl7hImRbze">reports</a>, Meta founder Mark Zuckerberg’s acquisition of Scale AI was driven by the lack of progress in generative AI within the organization. Hiring&nbsp;Scale AI’s Wang to head Meta’s new ‘superintellegence’ unit was a key part of the deal.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/aflac-discloses-cybersecurity-incident-may-have-compromised-sensitive-customer-data/chlx8ALRRPw">Aflac Discloses Cybersecurity Incident May Have Compromised Sensitive Customer Data</a>

The logo of the Facebook group Meta can be seen near the company headquarters. Photo: Andrej Sokolow/dpa (Photo by Andrej Sokolow/picture alliance via Getty Images)

Meta Reportedly Considered Perplexity Acquisition Before $14.3B Scale AI Deal

This is the second startup that Mark Zuckerberg-led Meta Platform had reportedly been in conversation with before its investment in Scale AI.

SCALEAI
Scale AI, Inc.

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SCALEAIScale AI, Inc.

Latest SCALEAI News

SCALEAI
Scale AI, Inc.