This week, for instance, was another one of those hair-raising episodes. As of late Thursday, NuScale shares were 15% below their peak for the week, but they were still up by a nifty 24.2% from last Friday’s close, according to S&P Global Market Intelligence. You might be wondering how all of this adds up, and frankly, I’m wondering too, but that’s what makes investing such a thrilling, unpredictable adventure.
Monday’s announcement of a “multiyear” collaboration reads like a fairy tale for venture capitalists. Broadcom, ever the dutiful blacksmith, will hammer out AI accelerators while OpenAI plays Prometheus, stealing fire from the gods. The promised land? Ten gigawatts of power-a figure that sounds mighty until one considers it could electrify a small nation’s worth of server farms, or perhaps a million homes. But such arithmetic is for engineers, not dreamers.
With a market cap now brushing $143 billion, XRP’s days of effortless ascent seem like a tale already told. Still, it glimmers, caught between regulatory winds and the tides of macroeconomics, a vessel of hope for those daring to linger rather than flee.
The company, like a good actor in a dreadful play, performed admirably in its third-quarter earnings release, surpassing expectations in both revenue and earnings per share. A rousing performance, though I suspect the applause may be a bit too generous given the play’s somewhat tepid script.
But here’s the thing about roller coasters: eventually you either scream or throw up. After years of gains that made spreadsheets cry, investors started whispering, “Is this the part where the music stops?” Just as the AI hype train threatened to become a meme stock punchline, along came C.C. Wei, CEO of TSMC, playing the role of a surprise guest star who steals the scene.
First off comes Bank of America’s seers, raisin’ their oracle bones to declare: “Buy!” They’ve got visions of 2026 dancin’ in their heads, where wafer fab machines hum like gospel choirs thanks to memory chipmakers playin’ musical chairs with their cash. Seems these alchemists reckon artificial intelligence – that buzzword brewin’ storm clouds over every boardroom -‘ll demand more DRAM than a Tennessee Williams drama.
Though still in the early stages of its ambitious plans, Standard Lithium has, in its measured and deliberate way, made significant progress. Its most noteworthy projects lie within the Smackover Formation-a rich expanse stretching from the heart of Texas to the warm shores of the Florida Panhandle. In this area, rich with lithium-brine resources, Standard Lithium has set its sights on the South-West Arkansas (SWA) and East Texas regions.
The crypto market endured yet another soul-crushing sell-off on Thursday, with altcoins cratering like they were the Titanic and the iceberg had just arrived. BTC and ETH are starting to flirt with support levels, like they’re trying to decide if they want to dive deeper into despair or just hang around for a bit.
On the social media platform X (formerly Twitter, but now with more confusion), Baarut dished out a detailed analysis of Dogecoin’s recent behaviour-think of it as the crypto version of a weather forecast, but instead of rain, you get bullish signals. Despite some nasty dumps and COVID-level sell-offs, Doge bounced back with resilience-like that one friend that still turns up to the pub even after a few bad nights out. Now, the price has paused, gathered its strength, and formed what Baarut calls a “liquidity zone” around the price tag of $0.19319. Which is fancy talk for: “This is where the smart traders have decided to play their hand.”
Such declarations, when uttered by men in tailored suits and ink-stained ledgers, often carry the weight of prophecy. JPMorgan’s chairman, Mr. Dimon, spoke of critical minerals and manufacturing, of dependencies that threaten the “very fabric of our security.” One imagines him pacing the corridors of his glass-and-steel temple, muttering to himself about the perils of relying on “unreliable sources” while sipping black coffee from a chipped mug. Yet for all the gravity of his words, the investment itself is a wager on a future that remains, for now, a ghostly silhouette.