Hyperion Times

Reddit’s shares are currently plummeting nearly 25 percent over two days, post-IPO. Hedgeye Risk Management’s report deemed the stock “grossly overvalued,” predicting a 50 percent decline. Priced at $49, Reddit’s journey reflects investor hype meeting reality. The company, yet to profit in its 20-year run, attempted to leverage AI in its IPO. With a history of losses, including $90.8 million in 2023, Reddit’s financial instability is no shocker. Its future depends on attracting users and boosting revenue post-IPO.

OpenAI CEO Sam Altman’s sky-high fundraising ambitions, aiming for over $7 trillion for an AI hardware venture, have raised eyebrows among venture capitalists, drawing comparisons to Elon Musk’s grandiose vision. Despite his impressive track record, concerns linger about Altman’s self-centric aspirations, with some labeling him a “megalomaniac.” As the company’s valuation skyrockets, investors are increasingly cautious of the reality-distorting aura surrounding Altman, questioning the true motives behind his seemingly unstoppable rise to prominence in the tech world.

The shocking revelations about Stanford neuroscientist Andrew Huberman’s alleged mistreatment in personal relationships have sparked a wave of condemnation among former fans, as detailed in a recent New York Magazine profile. Huberman’s manipulative behavior, including deceitful sexual encounters that led to HPV transmission, has left many disillusioned. Despite some supporters defending his professional work, the majority are appalled by his actions, calling out both Huberman and those who endorse his unethical behavior.

Following Pornhub’s block of Texas, Google search trends revealed a surge in inquiries from Lone Star State residents seeking ways to access adult content, with search terms like “How to watch porn in Texas?” and “Pornhub alternatives” spiking significantly. Texans also explored VPN services to circumvent the ban. Deputy editor Warren Brown noted the state’s high libido, emphasizing the challenges of enforcing age verification laws on explicit websites and the ongoing quest for unrestricted access to sexual content.