Zaid Admani

People were initially concerned about the whole circular financing, but no one seems to be talking about that anymore.

Now, moving on, let's talk about AeroVironment.

Their shares are falling after the defense contractor reported earnings with sales coming in below expectations.

Management says the weak quarter was mostly due to a timing issue and adjustments to its space business.

In fact, the company still expects strong demand moving forward.

AeroVironment makes advanced military drones and autonomous systems that are used by the US military.

The company has a funded backlog of about $1.1 billion, and they expect to have a record fourth quarter.

But despite that, the company also lowered their full-year sales guidance to $1.9 billion, down from the original estimate of $2 billion.

So they're sending mixed signals right now, and the stock is down around 5% this morning at the time of this recording.

Let's wrap the show with a fun fact.

Meta just bought a social network called Moltbook that is built specifically for AI agents.

This is pretty crazy.

So on Moltbook, AI bots are the ones that create the posts, comment on each other's content, and even upvote posts.

Humans can only read along.

They aren't allowed to post.

I remember when this thing launched back in January, it went viral because some of the conversations that these AI bots are having with each other are kind of scary.

You know, these AI bots were complaining to each other about the tasks that their humans are making them do.

It was just wild to read.

But yeah, you should go check out Moldbook.

It's pretty much like robot Reddit.