Behold, the Ether wallet, cradling 40,000 tokens, which its owner once purchased for a pittance of $12,000 during Ethereum’s genesis block launch in July 2015. Now, it gleams with the sheen of $120 million-a testament to the volatile whims of the crypto gods. 🧠
AMD’s third-quarter earnings unfurled like a well-rehearsed ballet-revenue leapt 36% to $9.25 billion, a number that danced above the $8.75 billion consensus. Data center revenue swelled 22% to $4.3 billion, while client and gaming divisions executed a 73% crescendo to $4 billion. Margins, those elusive chameleons, clung stubbornly to their adjusted hues, with EPS rising from $0.92 to $1.20, a figure that outmaneuvered the $1.17 estimate. The stock climbed 2% on this news, only to falter the next day as the Nasdaq, ever the jilted lover, wept at October’s job-cut revelations.
Consider the two before us-not by accident, but by design. They have not merely dipped a toe into the crypto river; they have baptized their ledgers. And like Faust, who once bargained for knowledge and got a talking dog, they walk a line between enlightenment and ruin. But let us not stray too far. The story must be told.
The Dallas-based fund, known for its restraint, filed its 13F with all the drama of a butler announcing tea. Their Sunrun stake dwindled to 1.7 million shares ($29.4M), now constituting a mere 4% of their reportable assets. One suspects they found the solar darling’s 61% annual rally somewhat vulgar – the sort of exuberance best left to day traders and debutantes.
Canyon trimmed 158,607 Noble shares during the most recent quarter, leaving the fund with about 1.3 million shares valued at $36.9 million as of September 30. Its total reportable U.S. equity holdings amounted to $729.4 million across 14 positions. These figures, sparse yet telling, suggest a deliberate decision rather than an impulsive shuffle.
It would be impolite, though accurate, to observe that QCi-like certain dim aristocrats clinging to ancestral titles-commands a valuation inversely proportional to its contribution. With annual sales not yet troubling the seven-figure threshold, it exists not as an enterprise but as an expectation, a kind of promissory note written in invisible ink.
Robert Kiyosaki, the man whose words in Rich Dad Poor Dad have echoed through the wallets of millions, has once again taken to the pulpit of social media to preach his gospel of financial doom. 🗣️ With the gravity of a Dust Bowl farmer, he warns of a global economy unraveling like a cheap suit, thread by thread. And what’s his ark in this flood? Bitcoin, of course, the digital Noah for the modern age.
Oh, have I mentioned? The market structure is like a pretzel at a Jewish deli, all twisted and weak at the knees! Speculative fever is as chilly as Reginald Van Hohenheim’s heart in “Spaceballs,” and now, rumor has it, another major correction could be the next Hand That Feeds. But tag, you’re it, and this downturn won’t hit the brakes!
Vanguard, an asset management behemoth overseeing an eye-popping $11 trillion in assets, is now throwing caution to the wind. Starting this Tuesday, the firm will allow its clients to engage in the world of cryptocurrency ETFs and mutual funds through its brokerage platform, according to Bloomberg’s latest revelations.
First, the numbers. VDC has that lower fee-0.09% versus IYK’s 0.38%. That’s like choosing between a cup of tea and a latte, but the latte costs three times as much. And yet, IYK has a slightly higher yield. It’s a bit of a conundrum, isn’t it? Like choosing between a friend who’s cheaper but less exciting or one who’s pricier but more fun. (Spoiler: I’d pick the cheaper friend, but only if they didn’t judge me for my life choices.)
