The Rundown Meta Buys AI Startup Manus, Copper Hits Record Highs
6 snips
Dec 30, 2025 Today, market volatility takes center stage with silver and gold trading like meme assets. Meta shakes things up by acquiring AI startup Manus for over $2 billion, aiming to enhance its integration with innovative technology. Copper prices hit record highs, driven by soaring demand from AI data centers. Meanwhile, Tesla faces another year of declining deliveries, raising eyebrows about future growth. Plus, international stocks outshine U.S. equities by a significant margin, revealing intriguing shifts in the market landscape.
AI Snips
Chapters
Transcript
Episode notes
Metals Behaving Like Meme Assets
- Silver swung wildly: a 30% rally in December, a peak at $80, an 8% one-day drop, then a 6% rebound within 48 hours.
- Zaid Admani points out metals traded like meme assets, showing extreme short-term volatility in traditionally 'boring' commodities.
Meta Buys Rapidly Rising AI Startup
- Meta acquired Manus for more than $2 billion after Manus launched in March and hit $100M ARR quickly.
- The deal highlights major U.S. tech buying Asian-developed AI and Meta's plan to integrate Manus across its ecosystem.
Tesla Deliveries Losing Centrality
- Tesla published consensus delivery estimates showing a Q4 forecast of ~423k and a 2025 delivery decline of about 8%.
- Zaid Admani notes deliveries matter less as investors focus more on Tesla's AI and robotics narrative heading into 2026.