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Perplexity CEO Shares 2 Lessons He Learned From Jensen Huang and Musk

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Perplexity CEO Shares 2 Lessons He Learned From Jensen Huang and Musk


Perplexity’s CEO shared two unusual pieces of advice he learned from the leaders of two of the world’s biggest companies.

On an episode of the “20VC” podcast released on Monday, Aravind Srinivas said Nvidia CEO Jensen Huang and Tesla CEO Elon Musk taught him two important entrepreneurship lessons that stuck with him.

Srinivas cofounded AI search engine Perplexity in 2022 after working as a researcher at Google’s DeepMind and OpenAI. In August, Business Insider reported that the company was seeking fresh funding at a $20 billion post-money valuation. The startup’s investors include SoftBank, Nvidia, and Jeff Bezos.

On Monday’s podcast, he said that he learned the importance of always staying on your toes from Huang.

“Think about it. $5 trillion, guaranteed to make $500 billion in revenue in the next two years. He has the most advanced chips in the world,” he said, about Nvidia. “And he operates with the mentality that he could be 30 days away from going out of business. That is what it takes to be Jensen Huang.”

Srinivas added that Huang also tells others around him that the chip company is a month away from going out of business.

From Musk, he took away the importance of working for more than the money.

“If you look at his pay package for SpaceX, it’s structured around creating a colony on Mars with a million inhabitants,” the Perplexity CEO said. “It’s not motivating to be worth 10 trillion in net worth or something.”

‘Work forever’

Srinivas said that he doesn’t agree with the entrepreneurship mindset of founding a company, selling it, and then staying home once you have generational wealth. He said that it allows children of founders to have trust funds, but it does not set a good example for them to see their dads sitting at home.

“You always need to be doing something,” he said. “You need to work forever.”

His take on entrepreneurship and work contradicts the rapidly growing financial independence, retire early (FIRE) movement. The concept is seen as an ultimate goal by many in the tech community and revolves around retiring in your 30s or 40s after accumulating a net worth sufficient to live off.

Shark Tank judge and investor Kevin O’Leary is another vocal opponent of the FIRE philosophy. He retired for a few years after selling his first company and described it as a period when he was “bored out of my mind.”

“Working is not just about money. People don’t understand this very often, until they stop working,” he said in a 2019 CNBC interview. “Work defines who you are.”





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BTC, ETH, SOL price news: Bitcoin back under $67,000 as traders warn of Trump reversal

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Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project

Bitcoin briefly traded above $67,000 late Monday before slipping back under $66,000 in a move that is indicative of how cautiously crypto is treating the Iran peace deal that has rallied other markets.

The token changed hands at $65,845 on Tuesday, up 0.3% over 24 hours and 4.8% on the week, per CoinDesk data. It touched a 24-hour high of $67,217 before fading. Ether held up better, rising 2.8% on the day to $1,764 and 5.8% on the week. Solana gained 3.2% to $73, XRP added 3.2% to $1.22 and Hyperliquid’s HYPE led the majors again, up 6.3% to $69.

The macro backdrop turned sharply friendlier on Monday. President Donald Trump and Vice President JD Vance signed an electronic copy of a memorandum of understanding with Iran, and Trump said the Strait of Hormuz, already partially open, will fully reopen on Friday.

Brent crude slipped below $83 a barrel after its biggest drop in more than two weeks. The S&P 500 added 1.7% on Monday and the Nasdaq 100 rose 3.1%.

Yet bitcoin has not moved like an asset pricing in relief.



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Is Solana emerging as market’s new risk-on leader heading into Q3?

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Is Solana emerging as market's new risk-on leader heading into Q3?


Altcoin rallies tend to accelerate once capital starts rotating back into the crypto market.

That is particularly relevant here because Bitcoin has been the primary driver of this cycle. As BTC reclaimed $65k, capital naturally spilled over into higher-beta sectors, pushing altcoins through key resistance zones.

Solana’s 3.4% daily close above $71 on the 14th of June further reinforced that bullish structure.

However, the more important signal is coming from the SOL/BTC ratio.

As the chart shows, the pair continues to build on last week’s 3.4% advance, extending its relative-strength breakout.

What’s more, the move marked the strongest weekly close since early May, suggesting that Solana may be starting to outperform Bitcoin on both weekly and daily timeframes as capital rotates further out the risk curve.

Solana
Source: TradingView (SOL/BTC)

The setup becomes even more interesting when compared with the ETH/BTC ratio.

Historically, strong altcoin rallies have usually been preceded by Ethereum outperforming Bitcoin during risk-on periods.

As the largest altcoin, ETH often acted as the bridge between Bitcoin and the rest of the market, with inflows into Ethereum eventually spilling over into smaller-cap assets. This cycle, however, looks different, with ETH/BTC on track for its tenth consecutive weekly decline. 

Against that backdrop, Solana’s [SOL] relative strength carries greater significance. Combined with strong on-chain activity around the SPCX launch, the move appears less like a short-term spike and more like the early stages of a broader trend heading into Q3.

On-chain activity suggests Solana’s rally is backed by fresh demand 

The past 24 hours have seen a fresh wave of capital and attention flow into Solana. 

Alatau City, Kazakhstan, signed a memorandum of cooperation with the Solana Foundation.

At the same time, Solana’s RWA ecosystem crossed a new all-time high of more than $3 billion in total value. Activity around tokenized equities has also picked up, with SpaceX’s xStock (SPCX) becoming the most-traded tokenized stock on Solana after generating over $36.5 million in volume since launch. 

Notably, Backpack Securities launched SPCX on Solana on the same day SpaceX shares went live in traditional markets, with the token surpassing $50 million in on-chain trading volume within its first 24 hours.

Together, these developments suggest that Solana’s recent strength is being supported by growing network activity rather than price action alone.

SOLSOL
Source: X

That divergence puts Solana in a unique position this cycle.

While the ETH/BTC ratio continues to trend lower, signaling weak relative demand for Ethereum, SOL/BTC is moving in the opposite direction. In other words, capital isn’t just rotating back into altcoins.

Instead, it’s increasingly finding its way into Solana. If that trend continues, SOL could remain one of the key assets to watch as the market heads into Q3. 


Final Summary

  • SOL/BTC is trending higher, suggesting capital is flowing into Solana faster than Bitcoin.
  • Strong on-chain activity and growing RWA adoption indicate Solana’s rally is backed by real network demand.

 



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Costco Wholesale Corporation (COST) Shows How Digitally Enabled Sales Are Outrunning Its Core Business

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Costco Wholesale Corporation (COST) Shows How Digitally Enabled Sales Are Outrunning Its Core Business


Costco Wholesale Corporation (NASDAQ:COST) is one of the best e-commerce stocks to buy as global sales hit records. The company is best known for its warehouse-club model, but its online and digitally enabled sales continue to grow at a faster pace than the broader business. On June 3, Costco reported net sales of $24.01 billion for the retail month of May, the four weeks ended May 31, 2026, up 14.5% from $20.97 billion a year earlier. For the first 39 weeks of the fiscal year, net sales rose 10.0% year-over-year to $221.19 billion.

The e-commerce angle showed up clearly in the same update. Costco’s total comparable sales increased 12.5% for the four-week May period and 8.3% for the first 39 weeks, while digitally enabled comparable sales rose 21.1% and 21.6%, respectively. Excluding gasoline-price and foreign-exchange impacts, digitally enabled comparable sales still grew 20.9% for the month and 21.1% for the 39-week period. Costco also has a broad international footprint, operating 931 warehouses and e-commerce sites in markets including the U.S., Canada, the U.K., Mexico, Korea, Taiwan, Japan, Australia, and China.

Costco Wholesale Corporation (COST) Shows How Digitally Enabled Sales Are Outrunning Its Core Business

Niloo / Shutterstock.com

Costco Wholesale Corporation (NASDAQ:COST) operates an international chain of membership warehouses that sell branded and private-label merchandise at low prices.

While we acknowledge the potential of COST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.



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Strategy (MSTR) expands bitcoin treasury With 1,587 BTC purchase

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Strategy (MSTR) expands bitcoin treasury With 1,587 BTC purchase

Strategy (MSTR) last week acquired 1,587 bitcoin for approximately $100 million, increasing its total holdings to 846,842 BTC, according to a Monday morning filing.

The latest purchase was made at an average price of $63,024 per bitcoin. The company disclosed it had also increased its USD Reserve by $100 million to $1.1 billion via the sale of common stock.

The purchase ran from June 8 to June 14, the same week Strategy raised $209 million by selling about 1.73 million MSTR shares through its at-the-market program.

The reserve is the money Strategy set aside in December 2025 to cover dividends on its preferred shares and interest on its debt. Building it up while continuing to buy bitcoin signals the company is funding both its accumulation and its obligations through equity issuance rather than touching its bitcoin or its cash cushion.

The buy lifts Strategy’s holdings to 846,842 BTC, worth about $56 billion at current prices and bought at an average of $75,656 per coin for a total of around $64 billion. The company remains the largest corporate holder of bitcoin, at roughly 4% of the supply that will ever exist.

Strategy disclosed on June 1 that it had sold 32 bitcoin to fund preferred dividends The company’s shares are up 5% pre market with bitcoin trading above $66,000.



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Datadog (DDOG): AI Observability Push Shows Why Cloud Monitoring Demand Is Broadening

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Datadog (DDOG): AI Observability Push Shows Why Cloud Monitoring Demand Is Broadening


Datadog, Inc. (NASDAQ:DDOG) is one of the high growth low debt stocks to invest in right now. The company fits the list because demand for cloud monitoring, security, and AI observability continues to translate into strong revenue growth and cash generation. On May 7, Datadog, Inc. (NASDAQ:DDOG) reported first-quarter revenue of $1.01 billion, up 32% year over year, while non-GAAP operating income reached $223 million and non-GAAP operating margin was 22%.

The growth is also showing up in larger customer relationships. As of March 31, 2026, Datadog, Inc. (NASDAQ:DDOG) had about 4,550 customers with annual recurring revenue of $100,000 or more, up 21% from about 3,770 a year earlier. The company generated $335 million in operating cash flow and $289 million in free cash flow during the quarter. Its balance sheet also supports the low-debt screen, with $426.4 million in cash and cash equivalents and $4.33 billion in marketable securities, compared with $984.5 million in non-current convertible senior notes as of March 31, 2026. Datadog’s June 9 DASH 2026 announcements, including expanded Bits AI agents, Agent Observability, and AI governance tools, add context to why the platform remains relevant as enterprises monitor increasingly AI-heavy infrastructure.

Datadog (DDOG): AI Observability Push Shows Why Cloud Monitoring Demand Is Broadening

Pixabay/Public Domain

Datadog, Inc. (NASDAQ:DDOG) provides a cloud-based observability and security platform that helps organizations monitor infrastructure, applications, logs, user experience, cloud costs, databases, software delivery, security, and AI workloads.

While we acknowledge the potential of DDOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.



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Bitcoin – Is BTC’s 4-year cycle dead? Demand says…

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Bitcoin - Is BTC’s 4-year cycle dead? Demand says…


Bitcoin’s post-halving cycle is unfolding differently from previous market expansions, raising questions about whether the traditional four-year pattern still applies.

Historically, Bitcoin’s [BTC] demand accelerated after halvings and absorbed the tightening supply.

This time, however, Apparent Demand remained negative through much of 2026, even falling near -147,000 BTC in May. That weakness suggests new buying has struggled to keep pace with available supply.

Source: CryptoQuant

Meanwhile, MVRV peaked at 2.74 in 2025, well below prior cycle highs of 3.96, 4.72, and 5.88. The decline points to a maturing market with less speculative excess. Yet Bitcoin continues trading around $64,365, showing demand has not disappeared entirely.

Source: CryptoQuant

Instead, the market appears caught between institutional support and slowing spot accumulation. Whether Bitcoin resumes its uptrend or extends consolidation may depend less on cycle timing and more on renewed demand growth.

Liquidity emerges as Bitcoin’s key constraint

While demand has weakened across much of 2026, liquidity conditions reveal a deeper challenge for the current cycle. While Bitcoin’s supply remains relatively constrained, the flow of fresh capital has weakened.

In fact, Bitcoin ETFs have faced persistent outflows in 2026, signaling institutional fatigue amid liquidity weakness.

Stablecoin supply has grown toward $320 billion, yet new issuance has slowed sharply while global M2 liquidity expanded only modestly. This explains why Bitcoin has struggled to build on its post-halving gains despite tighter supply conditions.

Yet the market has remained more resilient than in previous cycles. Moreover, the relatively shallow 45-50% drawdown from its $126k peaks suggests institutional capital is absorbing part of the pressure, even as liquidity conditions limit expansion.

Still, demand is only one side of the equation shaping Bitcoin’s current cycle. Exchange reserves have fallen toward 2.7 million BTC as coins move into self-custody and long-term storage.

Source: CryptoQuant

This reduces the amount of Bitcoin readily available for sale, helping offset softer buying activity. Meanwhile, beyond supply dynamics, the market itself is changing. ETF holdings have grown beyond 678,000 BTC, and cumulative inflows approach $54 billion.

As institutional ownership expands, Bitcoin appears increasingly influenced by capital allocation decisions rather than halving cycles alone. That shift may reduce volatility, though renewed demand remains essential for a sustained advance.


Final Summary

  • Bitcoin [BTC] is showing signs of market maturity, but weaker demand and liquidity continue limiting post-halving expansion.
  • Bitcoin remains supported by shrinking supply and institutional ownership, though fresh capital is still needed for a sustained advance.



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