Remember when Jito was the Beyoncé of Solana, slaying with its TVL? Well, now it’s more like the Bridget of the blockchain-lovable but a bit of a mess. For the first time since Feb 2024, it’s dipped below $1B. That’s right, it’s officially in “where did all my money go?” territory.
The Financial Times (FT)-yes, those fancy pants-first spilled the beans on this shiny new idea from Trump’s U.S.-led Board of Peace, which sounds like a superhero squad, right? They’re pondering creating a dollar-backed stablecoin to help ease cash shortages and modernize payments in a place where even the ATMs are hiding under their beds from all that war drama.
They’ve been makin’ a bit of a comeback, these Opendoor folks, and there were several bright spots in their report. But one thing stood out, a little glimmer of sense in a world gone mad with algorithms and “disruptive innovation.”
Currently, the shares are experiencing a period of… shall we say, thoughtful contemplation. The AI sector, it seems, is afflicted by a touch of the jitters – anxieties about interest rates, whispers of overblown expectations. It’s the same story, really. Everyone wants a miracle, but nobody wants to pay for the magician. The concern, naturally, is that these AI dreams might prove to be as substantial as a puff of smoke.
Turning, with a degree of trepidation, to the leisure industry, we find Six Flags Entertainment (FUN 9.07%) in a state best described as advanced disrepair. The share price, one observes, has suffered a decline commensurate with a minor geopolitical catastrophe. The question, therefore, is not whether this represents a ‘value opportunity’ – a phrase which should always be uttered with a distinct air of desperation – but rather, whether a determined plunge into the abyss might, at least, be briefly diverting.
This document, ostensibly a forecast dated June 30, 2028, arrived not as a formal publication, but as a fragment – a single, unbound quire – circulated amongst a select group of analysts. It posits a future where the efficiencies of automated systems have reached a critical threshold. The unemployment rate, it claims, exceeds ten percent, a figure less alarming for its magnitude than for the implications it carries. The S&P 500, diminished by thirty-eight percent from its 2026 peak, serves as a stark epigraph to this unsettling narrative.
A rather robust 82 million shares changed hands, which is nearly 50% more than their usual three-month average. That’s a lot of clicking. It suggests a bit of nervous energy, a collective wondering if the initial enthusiasm was perhaps a touch overblown. SoFi, if you’re keeping track, went public in 2021 and has managed a 49% climb since then. Not bad, considering the general air of uncertainty that seems to perpetually hang over the financial world.
It seems they acquired these shares in the last quarter. A cool $3.22 million, apparently. Which, when you think about it, is roughly the cost of a small island. Or, you know, a really good kitchen renovation. I’m currently debating between the two. Anyway, the value of the stake also increased by $3.22 million. Which is…encouraging? Or just a temporary blip? It’s so hard to tell. I’ve started a list:
Trading volume was 52 million shares. Which is…a lot. More than usual. About 15% more, actually. It’s all very…energetic. Nio IPO’d in 2018, which feels like a lifetime ago in this market. Down 20% since then. Honestly, a bit of a mess, isn’t it? But hey, who isn’t?
The trading volume reached 52.2 million shares, a figure that suggests a certain…agitation amongst the investors. A restlessness. One wonders if they, too, have begun to suspect that the Emperor – or in this case, the valuation – might be wearing no clothes. The company, having materialized onto the public stage in 2020, has enjoyed a rather fantastical ascent – a 1275% increase since its initial offering. Such growth, while impressive, often attracts not just admirers, but also…opportunists.