u/Argothaught

>Cedar Park, Texas, June 30, 2026 – Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced a $144 million NASA Commercial Lunar Payload Services (CLPS) contract to deliver a rapid mission to the Moon with Firefly’s Blue Ghost lunar lander. This marks the company’s sixth contracted lunar mission to date with the goal of demonstrating repeatable access to the lunar surface on an accelerated timeline.

>Targeted to launch in 2028, Firefly will design, build, test, and deliver the mission in approximately two years, half the time of the historic Blue Ghost Mission 1, by utilizing its proven Blue Ghost lander design and operations. For this mission, Blue Ghost will return to the Moon’s near side, similar to where Mission 1 landed, and deliver three NASA science instruments, including the Laser Retroreflector Array (LRA) to enable precision laser ranging, the Linear Energy Transfer Spectrometer (LETS) to measure the radiation environment, and the Stereo Cameras for Lunar Plume Surface Studies (SCALPSS) to further study plume-surface interactions during touchdown.

>CEDAR PARK, Texas, June 30, 2026 – Firefly Aerospace (Nasdaq: FLY) and SSC Space celebrate the completion of critical milestones, including building initial infrastructure, establishing transatlantic regulatory frameworks, and securing an agreement with the Swedish Defense Materiel Administration. The companies are now taking the next step towards orbital launch from SSC Space’s Esrange Space Center and undergoing final construction of the pad at Launch Complex 3C with the first launch targeted for 2028.

>Key infrastructure development to date includes completing the launch control center, payload processing facility, launch vehicle integration building, tracking and control systems, and security and storage facilities at Launch Complex 3C. Built to support Firefly’s Alpha rocket, the orbital launch complex will expand critical access to space from mainland Europe.

Tuesday, June 30, at 2:30 pm EDT.

>Watch a live, virtual conversation with NASA Administrator Jared Isaacman to hear progress on our plans to build a Moon Base on the lunar surface.

>Administrator Isaacman and Carlos García-Galán, Moon Base program manager, discuss the next set of awards for new lunar lander missions and preview upcoming opportunities as we work toward building a sustained presence on the Moon.

>'With inflation topping 4%, the Trump administration is easing off its long-standing calls for the Federal Reserve to immediately cut interest rates. That is giving new Fed Chairman Kevin Warsh an extended political grace period as he deals with a challenging economic environment, but underscores the depth of the pushback he could face if the mercurial president changes his mind.

>President Donald Trump said as recently as Wednesday that he wants the Fed to cut rates. Meanwhile several of the president’s top economic advisers have in recent interviews and writing stopped short of calling for near-term rate cuts, as they had before the Iran war sent some prices surging and Trump installed Warsh as the new Fed chair.

>What might look like division is really an indication that the Trump-Warsh relationship has shifted the political gravity of the Trump administration, a White House official said, speaking on condition of anonymity to describe behind-the-scenes conversations.

>“I wouldn’t say it’s necessarily a shift in policy, or how we’re seeing the data,” the official said. Rather, “personnel is big for this president,” the official said. Trump has “confidence and faith” in Warsh and so will let him make decisions that he didn’t entrust to Jerome Powell, the prior chair.'

So, new face, new you? How long does the "grace period" last?

About an hour ago, I noticed my drain was slow to drain. First time it ever happened. I had nothing to do, so I walked to the grocery store and purchased a small bottle of Drano with my debit card. It was the smallest bottle they carried - NOT the standard size.

I didn’t use a loyalty card. Just my debit card.

About 30 minutes after purchasing it, I got home and got on Reddit. The first ad I saw after opening the app was for the EXACT bottle of Drano I just purchased, size and all!

For the record, I did not google Drano or anything clog/drain-adjacent. All I did was see my drain clogged then decide I was going to purchase Drano. That’s all.

HOW did that happen? I’ve seen these targeted ads before but I always figured it was because I googled something topic related (e.g., “drain clogged”).

But, nothing I’ve googled would even suggest my drain was clogged!

How did this happen??

>Cedar Park, Texas, June 25, 2026 – Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced the acquisition of Space-ng Inc. (“Space-ng”), a leader in AI-powered vision navigation and autonomous guidance systems. The acquisition brings proven spacecraft software and camera hardware for Firefly’s Blue Ghost landers and Elytra orbital vehicles, bolstering Firefly’s capabilities to advance the future of autonomous space operations for missions to the Moon, Mars, and beyond.

>Space-ng’s vision navigation software was utilized during Firefly’s historic Blue Ghost Mission 1 to determine position and attitude, detect hazardous lunar terrain, and autonomously redirect Blue Ghost in real-time, enabling a safe, precise touchdown within the Moon’s Mare Crisium.

>WASHINGTON, June 23 (Reuters) - Rocket and spacecraft maker Firefly Aerospace (FLY.O), opens new tab is expected to secure a $110 million U.S. Export-Import Bank (EXIM) loan that would help fund the company's expansion of spacecraft production facilities in Texas, according to a document ‌reviewed by Reuters.

>The bank's three board members are poised for a Tuesday morning vote on the loan, which is part of an EXIM initiative to help U.S. firms compete globally with foreign companies in artificial intelligence, space and other areas, according to the document.

Reddit should consider creating a standalone AI-powered search application that operates independently of its core forum. Based primarily on the 20-plus years of data accumulated from Reddit proper (citing subreddit posts and comments with user sentiment at its heart) and including intent-based ads (sponsored placement and contextual in-feed ads).

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It wouldn't be perfect. A standalone search app will allow Reddit to bypass age-verification, but it risks potentially cannibalizing core app engagement. However, this risk is offset by the app's ability to capture high-context user intent, creating lower-funnel leverage for premium ad monetization by meeting users directly at the purchasing phase.

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One major caveat (possibly putting it lightly) would be navigating the legal risks posed by the recent German court ruling against Google's AI Overviews, which essentially establishes that AI overviews are not considered traditional search and that platforms are legally liable for hallucinations that result in false, defamatory summaries. This may need to be navigated regardless of whether search summaries are separated or not.

​

But perhaps just making AI search a default for logged-out users with frictionless pathways to logging in may be enough...

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"System improvements outrun model upgrades

There’s a persistent assumption in the industry that better agent performance primarily comes from better models. Our experience suggests otherwise, and the research increasingly agrees: retrieval quality, orchestration strategy, grounding, and evaluation often have a larger impact than incremental model improvements.

We saw this ourselves. We did not post-train DeepSeek or Nemotron. Instead, we improved the system around them — better retrieval architecture, better orchestration, better evaluation — and that’s where the performance came from.

For teams building on open models, the implication is significant: the path forward isn’t waiting for the next release. It’s proactively building a better runtime and having the observability to know what’s working. That insight sits at the center of the Blueprint.

[...] The Blueprint is two things: an open reference architecture that connects proven components at each layer of the agent stack, and runnable recipes with cloneable code from first agent to production-ready system.

[...] From working to reliable to measurable

Production-ready means the system is observable, testable, measurable, and economically sustainable. Production means operating continuously under real workloads, evolving requirements, and growing organizational dependence — a considerably harder target, and one the industry is still working towards.

The next twelve months will be defined by agents becoming measurable: instrumented enough to improve, economical enough to scale, and reliable enough to depend upon. That is where the next phase of AI infrastructure will be built, and it’s the problem the Nebius Agents Blueprint is designed to solve."

>Believes Figma is Significantly Undervalued

>Calls for Management to Sharpen Product Focus and Rationalize Costs in Line with Competitors

>Calls for Board to Examine Relationship with Anthropic Given Launch of Claude Design

>[...] We and our affiliates are shareholders of Figma, Inc. ("Figma" or the "Company"). We have great admiration for the product and the design movement Figma has built and believe that Figma has a true moat, all of which we articulated in a write-up we put out this morning (see here).

May 27, 2026

Summary

•ClickStack Cloud is a fully managed observability service built on ClickHouse, designed for teams that want ClickHouse-powered observability without operating the underlying infrastructure.

•Teams point their OpenTelemetry Collector at a managed OTLP endpoint and can immediately explore logs, metrics, and traces in the ClickStack UI, with ingestion, buffering, scaling, and storage handled automatically.

•During private preview, we are building automatic schema tuning based on query patterns, with dedicated query compute for agentic workloads planned after preview completes.

>Today, we’re announcing the private preview of ClickStack Cloud, a turn-key observability offering built on ClickHouse.

>ClickStack Cloud is designed for teams that want the performance, scale, and cost efficiency of ClickHouse for observability, without having to operate their own observability infrastructure...

>Why Reddit for Retail

>Reddit has emerged as one of the most powerful yet untapped growth engines in the media mix. According to research from TransUnion, performance outcomes on Reddit in North America deliver more than 2x the incremental ROAS compared to the media plan average, returning $12.52 for every dollar invested in North America.2 This TransUnion research also highlights Reddit as the top-performing Paid Social channel for efficiency in EMEA, driving a 7x average ROAS for retail advertisers. Furthermore, Reddit has a proven "halo effect," with 13% of its performance impact lifting the effectiveness of other marketing channels. Advertisers are taking notice: retail advertisers in EMEA have increased their investments on Reddit by over 8x from 2023-2025, while other paid social in aggregate has seen a 6% decrease.

[...]

>Shopify on Reddit

>Now, the Reddit Shopify integration is widely available to global advertisers. Shopify merchants can start running their first Reddit DPA campaign within minutes using:

>•Seamless setup via quick authorization, a streamlined authorization flow to instantly link Reddit Ads account to a Shopify storefront.

>•Codeless Reddit Pixel for high-quality signals, a simple, codeless Reddit Pixel setup, enabling merchants to pass high-quality data signals cleanly back to their dashboard to track conversions accurately.

>•Automated, effortless catalog syncing, once merchants’ Shopify product catalog is connected, product details—including images, live pricing, descriptions, and inventory levels—are updated automatically on Reddit.

Drew Vollero (CFO) on today's earnings call:

"[...] Our third major cost is stock compensation and dilution, which remains a positive story. Stock-based compensation and related tax expense was $79 million or 12% of revenue in Q1 and down sequentially from Q4. Similarly, dilution remains modest.

Total fully diluted shares outstanding was 206.4 million, up 0.1% sequentially and up 0.2% year-over-year. The modest share growth in the quarter reflects the continued tight management of our equity spend. For Q1, there was a slight tailwind for dilution for share repurchase activity, although share repurchase activity was modest in the quarter, about 35,000 shares, and about $995 million remains on our $1 billion authorization from February."