markets

Matt Phillips10/31/25

Getty Images shares moon on licensing deal with Perplexity

Getty Images soared Friday after announcing a multiyear licensing deal with AI search company Perplexity AI. Reuters reports:

“Under the agreement, Perplexity will integrate Getty’s API technology into its AI platform workflows, enabling users to access premium visuals while improving image attribution. The collaboration is part of a wider trend of digital platforms signing licensing deals with AI content providers to expand content access while respecting intellectual property rights and generating revenue.”

Getty was up as much as 85% in the premarket trading session, but those gains are quickly dropping as holders rush to dump the stock, which has been a truly disastrous long-term trade.

In fact, Getty has had a pretty bizarre ride since it returned to the public markets on July 25, 2022, as part of a SPAC deal — in a previous life it had been publicly traded before being taken private in 2008. Within days of its return, Getty became a minor meme stock, spiking more than 250% before crashing a couple months later.

Since then, the stock’s trajectory has been abysmal. Prior to the announcement of the Perplexity AI deal on Friday, it was down 80% from its trading debut. No wonder people are trying to get out fast.

At last glance, those 85% gains in the premarket have been swamped by sellers, shrinking today’s gain for Getty down to 17%.

More Markets

See all Markets

Chip Stocks Bubble

Chip stocks are in a bubble, at least by this definition, says analyst

The definition of a “bubble” is notoriously difficult to pin down. But these analysts applied a Harvard academic’s rubric and found the shoe fits for some popular tech stocks.

Matt Phillips11m

RadNet tumbles after Hunterbrook Media calls it “the AI story that doesn’t add up” and investment arm announces short position

In investigating the company, “what emerged was a gap between story and substance: a Digital Health business that generates much of its growth by invoicing a different RadNet business line; a same-center sales metric seemingly juiced by undisclosed consolidations; financial disclosures that don’t add up; and insiders using the stock run-up to cash out,” wrote Hunterbrook authors led by Bethany McLean.

AILIS - New Breast Cancer Prediction Technology

markets

Max Knoblauch2h

Frontier sinks as longtime CEO, who regularly feuded with United, suddenly departs

Shares of ultra-budget airline Frontier are down more than 10% on Tuesday morning following the carrier’s announcement that it would replace its longtime CEO, Barry Biffle. Frontier President James Dempsey will fill in as interim CEO.

Biffle, who has been Frontier’s CEO since early 2016, will remain at the airline in an “advisory capacity” until December 31. The move is “not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices,” per a company filing.

Under Biffle, Frontier attempted to acquire rival Spirit twice since 2022 — both unsuccessful. Last week, the carrier’s shares dropped after Spirit’s pilots ratified a lower-paying contract in an effort to keep it afloat through its latest bankruptcy.

Biffle was a staunch defender of the ultra-budget model, which has been falling out of fashion in the US market in recent years. He’s regularly feuded with United Airlines CEO Scott Kirby over comments about budget airlines.

markets

Matt Phillips2h

Nuclear power startup Oklo clears another regulatory hurdle

Oklo said the Department of Energy’s Idaho office approved a safety plan for its proposed nuclear fuel production plant at the Idaho National Laboratory, a center of nuclear research and testing in the US.

The zero-revenue designer of smaller nuclear power plants was the first company to receive approval under the Department of Energy’s new Fuel Line Pilot Program, established by executive order from President Trump in May. The program is designed to speed up the approval process for domestic production of nuclear fuel, helping to reduce reliance on foreign sources of raw materials needed for nuclear power. The approval is “effectively granting permission to start facility assembly,” Oklo said in a statement.

Prior to the new fuel line program, the Department of Energy didn’t typically regulate the plans for private sector production of nuclear fuel, which was left to the Nuclear Regulatory Council, an independent regulator with a mandate to protect public health and safety.

Government approvals have been an important source of credibility for Oklo, whose shares have soared this year by almost 300% despite having no profits or sales.

The stock was recently down 1.7%.

Those approvals have drawn scrutiny, however, to the close connections between the company and the Trump administration, including the fact that the current secretary of energy, Chris Wright, served on the board of Oklo until he took office in February.

markets

Rezolve Ai soars after management boosts 2025 annual recurring revenue guidance by 33%

It’s been a rocky stretch for the AI trade as of late — but not so bad that surprisingly strong results can’t send a smaller company levered to the theme to the moon.

Shares of Rezolve Ai are surging, up more than 20% in early trading after a boost to its 2025 guidance.

Management said that December would be a record month for sales, which are poised to exceed $17 million, and that the company is on track to exit 2025 with annual recurring revenues of $200 million. That’s 33% above its previous guidance for a year-end exit rate of $150 million issued at the start of October. The company also reaffirmed its 2026 guidance that it would exit next year with $500 million in ARR.

Rezolve Ai specializes in agentic commerce tools and boasts partnerships with Microsoft and Google.

Reading in between the lines, management also clearly thinks its stock price should be higher based on this operational performance. Per the press release:

“Rezolve Ai currently has a market capitalization of under $1 billion. While the Company does not comment on valuation, management believes that the scale of its recurring revenue base, improving operating leverage, and visibility into future growth provide investors with a clearer framework for evaluating the Company’s long-term trajectory.”

This bullishness is also present in the options market, where over 23,000 calls have traded a little more than half an hour into the session versus a 20-day average of 6,373.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.

©2025 Sherwood Media, LLC