Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to have you here on this Thursday, August 14th. I'm Julie Morgan.

Markets are watching a surging crypto IPO, a pause-day-eye rollout, and Amazon's Big Grocery Expansion.

Crypto Exchange Bullish saw its shares close out their first day of trading

with an 84% surge after raising $1.1 billion in an initial public offering.

The stock surge to as high as $117.93 since shortly after its market debut, more than triple the

IPO price before pairing gains throughout the remainder of the session. Bullish's intraday

surge comes on the same-day ether and Bitcoin priced near all-time highs. This IPO has generated

huge windfalls for company insiders.

Bloomberg reported Brendan Bloomer, co-founder and board member, has the largest individual's

stake of 30.1% or 3.4 billion. He has granted call options to outside parties covering some 5% of his stake.

The article also said that fellow bullish board member, Coquay Yuan, owns a 26.7% stake worth

$3.1 billion. Pre-market BLSH is up nearly $15% at $77.90.

The Financial Times is reporting that Chinese AI firm Deepseek has pushed back the launch of

its new AI model after hitting obstacles and training it with chips from Huawei Technologies.

In June, the business publication, the information reported that the new large language model

known as R2 is likely to be impacted by lack of access to Nvidia's high-end GPUs due to the

ongoing U.S. export control curves.

The report also noted that DeepSeek has not yet chalked in a release date for R2 as the CEO was not satisfied

with the performance of the model. DeepSeek most recently released an upgraded version of its

R1 large language model. The new model is named Deepseek R1-0528. Amazon announced on Wednesday a major expansion of its grocery delivery program.

The e-commerce giant said customers in more than a thousand cities and towns can now order

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