Stephanie Aliaga from JPMorgan noted AI capex added 1.1% to GDP, outpacing the consumer’s tired shuffle. The S&P 500’s monthly gains since April? A gamble on resilience, but the odds were stacked against it. Powell, that sly fox, warned equity prices were “fairly highly valued”-a polite way of saying they were stretched thin.
Picture this: every eligible participant, standing at the precipice of their screens, eagerly anticipating their DOGE rewards as if they were children awaiting the arrival of Santa Claus. It’s a delightful mass airdrop, a digital feast where everyone leaves with their pockets jingling! 🤑
But no, the universe fancies a cruel joke. Enter October 10-an event as welcome as a kick in the teeth-wiping out $19 billion and overleveraged traders in a liquidation frenzy. That was the moment when the once-mighty dragon of hope turned into a smoking ruin, and everyone whispered that the end had come.
We all thought the return of President Flavor Trump as the “crypto cavalry” meant better times were upon us. He was on the campaign trail plastering “No More FUD” across his shirts, every exhale practically a “whip those crypto regulations into shape.” Picturing all those crypto renegades serenading in the streets, most heartily endorsed, say, Trump-shorts.
Yet, one might ponder: what drives investors to furrow their brows over such figures? The very same facts, like a two-faced coin, can lead to disparate conclusions. On one hand, the business appears resplendently robust compared to its former self of yore; on the other, the price at which eager investors now find themselves beckoned is far less forgiving, a veritable siren luring them toward rocky shores.
Indeed, AppLovin stands as a quintessential case study of a flourishing enterprise shackled by an unappealing stock price.
Could this be the next great collapse, dwarfing even the 2022 FTX fiasco? Let us ponder the absurdity of it all, for the stakes are as high as a Chekhovian protagonist’s despair.
from June’s despair to October’s glory, Sunrun’s share climbed from $5.38 to $22.44-a phoenix rising from ash. The Q3 harvest brought revenue of $724.6 million, a turnaround from loss to profit, a hymn of growth in a barren land.
He says it’s “confusing and unnatural.” Well, I reckon that about covers it. Prison’s rarely a picnic, unless you’re real fond of baloney sandwiches and guys with tattoos. But he says it’s “manageable.” The other boys, they left him be. Good manners, even in the places where manners are least expected. Funny, that. 🤔
a consistent cadence that may or may not signal a deeper design.
So, Hoskinson is the tech wizard who kickstarted Cardano, and boy, he’s stirred up a storm in the blockchain tea room! After some buzz about the Canton Network, our boy Charles says legacy finance is catching up like…well, like grandma trying to text. Shocking, I know.
