It’s easy to assume popular companies like Apple or Microsoft are the most frequently searched stocks online. However, a recent study by Surety First, an insurance and bond company, shows that neither of these well-known “Magnificent Seven” stocks actually made the top searched list.
By the time the market decided to call it a day, Netflix stock was up near 6%. Folks seem to think a failed acquisition is a good thing. Seems counterintuitive, don’t it? Like cheerin’ when the train jumps the tracks. But there’s a method to this madness, as I’ll explain.
The iShares Expanded Tech-Software Sector ETF, a vessel carrying the hopes and fortunes of many, has suffered a decline of no small measure, a quarter of its value surrendered to the currents of apprehension. Within its hold, giants such as Microsoft, Palantir, and Salesforce feel the chill. It is not a collapse, mind you, but a quiet erosion, a realization that even the most seemingly invincible enterprises are subject to the same laws of gravity as lesser concerns. The anxieties surrounding disruption by these very AI tools, once hailed as saviors, have become the instruments of this retrenchment, a tragic irony not lost on the seasoned observer.
It represents 6.8% of their 13F reportable assets. Which, if you’re not familiar with the jargon (and frankly, who isn’t a little lost in it all?), is a significant chunk. It means they’re putting their money where… well, where the animal by-products are, as it turns out.
Enter the long-term holders (LTHs), a group so dedicated to their crypto stash they’ve basically turned their wallets into time capsules. Spoiler: they’re not thrilled about the current trend.
But a low price doesn’t always mean a bargain. Sometimes, it just means the ground is poor.
The sale, you understand, is not merely a transaction, but a pronouncement. Benchstone, once a substantial owner – 7.2% of their entire fortune resting upon the whims of ocean liners – now holds nothing. Zero. A void. One might almost suspect a philosophical statement on the futility of earthly possessions, were it not for the rather prosaic reality of quarterly reports and portfolio adjustments.
The question, then, is not merely whether one should acquire shares in this company, but whether one is not a fool to hesitate. For a gain of such magnitude invites scrutiny, and the wary investor demands to know: is this a true ascent, or merely a fleeting bubble inflated by the whims of fashion? Is the price demanded now a reflection of genuine worth, or simply the consequence of an excess of enthusiasm?
Luca, the crypto analyst with a taste for dramatic irony, recently reminded us that Ethereum’s latest descent below the elated purple zone swung the entire architecture into a mirror‑image of a broken mirror (but no, it’s not a visual metaphor; it’s the price chart). After that nostalgic hit and the subsequent rejections, the scales tipped towards a glorified “not in your money” sentiment. The green band, our old friend that once drew as many buyers as a free pizza at a hackathon, remains a hotspot for whoever still thinks “go long” is the answer.
In theory, the project plans to bump up transaction speeds of L1 and L2 protocols to a mere 10,000 transactions per second (TPS) and 10 million TPS, respectively. Because who doesn’t want faster transactions, right? This magical feat will be accomplished using some impressive-sounding technologies like embedded zero-knowledge provers (zkEVMs) and data availability sampling, which is, no doubt, Greek to most of us. But hey, it sounds cool.