BA localized ceasefire in Ukraine has just been expanded— and it's being credited to the First Lady, of all people.
AMelania Trump is credited with it? What's the scope?
BWalter Bloomberg posted it three minutes ago: the ceasefire that was around Oleshky now applies across the Kherson region, and AP confirms it's broader than just that city.
ASo not a full ceasefire, but enough to let aid move. That's actually significant.
BAnd markets will notice: less disruption around Black Sea routes, maybe some pressure off energy prices.
ALet's not get ahead. It's localized, and these things can break down fast.
BFair. But if it's the First Lady making the statement— that's unusual. It suggests someone high up wanted it out there quickly.
ACould just be her role now, but either way, the AP has it. We'll keep watching.
ANow, from geopolitics to corporate finance— Jim Cramer just called a whole group of people stupid.
BWho now?
ACorporate treasurers. He says never do an ATM, do a big spot and forget it. He says ATMs systematically break down the stock.
BCramer with the hot take at lunchtime. But you know what? He's not entirely wrong.
AYou're defending Cramer?
BI'm saying an at-the-market offering keeps a seller in the market day after day. That's a cap on the stock. Buyers know more supply is coming.
AOkay, but a big spot can wreck the price in one shot. If you have to raise three hundred million, you don't just dump it all and hope.
BYou do it like a grown-up! You find a bank, block trade, done. No death by a thousand cuts.
AAnd what if the stock drops twenty percent that day because the block is too big? Then your treasury team gets fired.
BThat's exactly why they're scared, and that's the problem. ATMs are the coward's way out.
AOh come on— it's not cowardice, it's price smoothing. Some companies can't take that kind of headline risk.
BSo they let the stock bleed for months instead. That's better?
AAt least it's predictable. And newsflash, Cramer's buy recommendations don't exactly have a sterling record.
BOh, now you're going after the man's picks? Stay on topic.
AI am on topic. His argument is fine in a vacuum, but treasurers have real constraints— credit agreements, timing windows, investor expectations.
BFine, maybe it depends on the company. But for a liquid large cap, I'd do the spot. Cramer's right there.
AAgree to disagree. But I will say this: if your CFO is doing an ATM every quarter, you should ask why.
BNow that I can get behind.
BAnd speaking of companies that might have trouble selling stock— there's a rumor flying that Getty Images just filed for bankruptcy.
AGetty Images? The stock photo giant? Where's this coming from?
BArian Eghbali posted what looks like a bankruptcy alert on X, and Mashable India, City Journal, StarBiz are all piling on. But before anyone panics: we could not confirm a Chapter 11 filing with any major outlet.
ARight, so this is unverified. The numbers don't even line up: one says the Shutterstock merger was three point seven billion and collapsed in July, another says three point two billion and the UK regulator blocked it.
BThat's a big red flag. But here's the interesting part— the AI angle. If Getty is actually in trouble, it's because image generators have made their core product worth a lot less.
AThat part is real even without the bankruptcy. Getty spent years building a library, and now anyone can type a prompt and get a usable image.
BAnd yet Getty had years to adapt! They had the brand, the data, the distribution. Instead they chased a merger that died.
ANow you sound like Cramer again.
BAlright, leaving Cramer out of it. But if this filing is real, it's another legacy content business that AI ate.
AMaybe. Or it's just a company with too much debt and a bad merger attempt. Chapter eleven doesn't mean dead— it's reorganization.
BFair. We'll know soon enough either way. But for now, treat the bankruptcy posts as rumors, not fact.
AAnd watch the stock— if there's a filing, it'll show up on the court docket, not just on X.