The market, predictably, is having a collective anxiety attack. Is this still the streaming king? That’s the question. And frankly, I’m starting to think it’s less about whether it is and more about how much we’re willing to pretend it is. Because let’s be real, nobody likes uncertainty, and this deal is practically swimming in it.
Yet, amidst this financial farce, the sellers reign supreme, their dominance unchallenged-unless, perchance, the holders decide to change their tune. But fear not, dear reader, for on-chain trends whisper of a potential twist in this comedic tragedy.
Two names come to mind, not as beacons of innovation, but as examples of… endurance. Coca-Cola (KO +1.14%) and Costco Wholesale (COST +1.36%). They are not thrilling, but they are… there.
As of 12:45 PM ET, the descent continues. And you know who’s gleefully pouring gasoline on this fire? Wolfpack Research. Of course. Because in this casino, someone always knows the cards are marked.
You see, most companies dribble out a few pennies, a pathetic little reward for your patience. But Cincy Fin? They’re different. They’ve built a reputation for these dividend payouts, a sort of golden goose situation. It’s quite remarkable, really. A truly splendid habit.
Rosner’s model, a delicate edifice built on assumptions—30% autonomous penetration, Tesla capturing half the market, a mere dollar per mile—projects a valuation of $2.75 trillion. Discounted back to the present, that’s a somewhat less astronomical $900 billion, or $250 per share. A tidy sum, certainly. And then, as an afterthought, he adds the potential of Optimus, the humanoid robot, and full self-driving licensing. One almost expects a chorus of angels to begin trumpeting. It’s enough to make a rational man reach for a strong cup of tea…or something stronger.
Thus, we turn our gaze to Vertiv (VRT 2.02%), a company whose name may not grace the headlines, yet whose work is becoming increasingly vital. They are, in a sense, the providers of the soil in which this new digital garden grows. Their expertise lies not in the creation of intelligence itself, but in the mastery of its physical requirements—the delivery of power, the dissipation of heat—the very conditions that allow these complex systems to function. They build not the brain, but the cooling system that prevents it from burning itself out.
Three companies—DraftKings (DKNG 5.95%), Flutter Entertainment (FLUT 1.56%), and Robinhood Markets (HOOD 6.90%)—have ventured into this strange territory. They offer a platform for these prognostications, these airy castles built on the shifting sands of probability. One wonders, are they offering a service, or simply indulging a collective delusion? The question, like a persistent cough, lingers in the air.
The full exit from FTGC, comprising 144,878 shares, represents a notable shift. It is not merely a trimming of exposure, but a complete withdrawal. The net effect on Climber Capital’s portfolio is a reduction of $3.4 million, a figure that, while substantial, must be viewed in the context of the fund’s overall holdings.
One is compelled to examine the details, to trace the flow of these revenues, as if by understanding the mechanism, one might also understand the purpose. The company, a sprawling network of franchises and amusements, presents itself as a source of entertainment, but increasingly resembles a complex bureaucratic apparatus, perpetually in a state of internal reorganization.
