$Rivian Automotive (RIVN.US)$$Lucid Group (LCID.US)$ The par...

$Rivian Automotive (RIVN.US)$ $Lucid Group (LCID.US)$ The party seems over… after a blockbuster IPO, shares of EV startup Rivian (RIVN), which had a market cap of $150 billion on essentially 0 revenue, fell 15% today. In my humble opinion, I’d get out if I had profits (not playing this at all). Shares of Lucid Motors (LCID) were also down roughly 5% in sympathy

$CME Group (CME.US)$ CME Group (CME) the world's largest financial derivatives exchange in the world, trading everything from agricultural products, currencies, energy, interest rates, metals, stock indexes to digital currency futures, announced it was planning to move core trading systems Google Clouds, a massive move in financial markets. Until very recently, it was assumed that cloud computing was ill suited for high frequency trading, forcing these companies to build and develop complicated systems geared for time sensitive markets. If this works, it could reduce the cost of operations by a lot.