BYND surged 36% to $1.34 Monday on no news amid meme hype, but Q3 losses widened, debt looms at $1.2B, and a $38.9M legal verdict piles on risks.

Black Forest Labs closed a $300M Series B co-led by Salesforce Ventures and Anjney Midha at $3.25B post-money, following a Series A and totaling over $450M raised. Backers include a16z, NVIDIA, and Canva.

French AI startup Minitap, founded by two 23-year-olds, topped Google DeepMind's mobile benchmark and raised $4.1M seed to make mobile development 10x faster with AI agents.

Bitcoin fell below $85,000 briefly amid tech sell-offs, Fed uncertainty, and outflows—down 33% from its October high.

ElevenLabs grew from a tiny Polish startup to multi-billion dollar status with $193M revenue, new investments, and expansions into Japan and India.

AI cloud firms have racked up over $20B in debt using Nvidia GPUs as collateral to buy chips and rent compute. CoreWeave leads with $10B. Short seller Jim Chanos flags default risks from losses and fast chip depreciation.

Neutral summary of MIT Technology Review dialogue between FT's Richard Waters and editor David Rotman on gen AI's uneven effects on productivity, jobs, and the economic singularity.

Markets bet heavily on a 25bp Fed cut December 9-10, with 80-85% odds across platforms. Mortgage rates dip to 6.23% but follow Treasuries, not Fed directly. Housing picks up; prep for borrowing and refi chances.

Shark Tank's Kevin O'Leary critiques Trump's tariff checks, shifts career advice to content creators, and calls for AI extras in Hollywood films.

Bitcoin dropped below $89K with $200M liquidations, fueled by $3.48B ETF outflows, whale selling, and macro factors like Fed policy.