But today’s sudden leap – a whopping 19% surge, mind you – wasn’t just about keeping everyone’s thumbs busy. Oh no. It seems these chaps have been handed a rather important job by the very people who worry about things going boom. A national security program, they call it. As of this afternoon, the shares were still bobbing along, up a good 16.8% on the news. Curious, isn’t it, how a bit of government money can make things… perk up?
Look, these Bitcoin miners, they built these massive energy-guzzling facilities. All that hardware, all that electricity… for what? To solve puzzles? It’s just… exhausting to think about. Now, suddenly, it’s “Oh, AI needs data centers! Let’s rent this stuff out!” It’s convenient. Almost too convenient. It’s like admitting defeat, but with a press release.
The consensus, whispered among analysts, suggests a profit of fifty-five cents per share, a respectable increase, perhaps. Revenue, they estimate, will reach eleven billion, nine hundred and seventy million. Numbers. They dance before the eyes, offering the illusion of clarity, while obscuring the deeper, more troubling questions. Will this be enough to satisfy the insatiable appetite of Wall Street? One doubts it.
The firm, you see, is attempting a rather ambitious undertaking: building a constellation of satellites with the intention of beaming internet connectivity directly to one’s mobile telephone. A dashedly clever notion, if I may say so. And, just recently, they’ve received a nod from the U.S. government, granting them permission to bid on contracts for the somewhat mysteriously named “Golden Dome” security system. As of Friday, January 16th, at precisely 12:41 PM EST, the stock was up a respectable 18.6%. A most agreeable state of affairs, wouldn’t you agree?
Cantor Fitzgerald and H.C. Wainwright, those venerable institutions, already held a favorable view of Rezolve AI, predicting prices of $8 and $10 per share, respectively. A quaint notion, really, like predicting the weight of a cloud. Mr. VanVliet of Cantor, a man clearly susceptible to optimism, merely reiterated his ‘Overweight’ rating, citing a strong December and ‘lofty’ 2026 plans. Lofty, indeed. As if plans alone could conjure revenue. He posits that if the company meets its guidance, it will prove retailers crave AI-driven analytics. A rather bold claim, considering the number of retailers currently sustained by nothing more than wishful thinking and strategically placed mannequins. He deems his 12-month target “conservative” in hindsight. A sentiment one might reserve for a particularly small puddle.
The infrastructure is there, built on the backs of miners and the electricity bills of ordinary folk. But the revenue? Still a shadow. They promise it will materialize. Promises are cheap, like the dreams sold to those who believe a machine can solve their problems.
As of the twelfth chime of the clock, Eaton shares have ascended 4.6%. A considerable sum, one might observe, for a company dealing in… well, power and electrical components. A rather prosaic realm, wouldn’t you agree? Yet, the markets, like capricious gods, favor the unexpected.
Folks are askin’ which of these two giants is the better wager. Well, let me tell ye, after lookin’ at the lay of the land, it ain’t much of a contest. Eli Lilly, by a country mile. Now, don’t go rushin’ off to empty yer pockets just yet. Let’s unravel why.
For most of 2024’s first season, the value of RWA lingered under $100 million, creeping forward through March and June as if the river were dozing. Growth was steady, almost polite-a line of geese crossing a frozen lake, nothing loud, nothing reckless. 😉
Currently, LyondellBasell Industries, Alexandria Real Estate Equities, and Conagra Brands occupy the top three positions in this dubious ranking. Before any investment is considered, a thorough accounting of their circumstances is required. To proceed otherwise is to gamble, not invest.