The integration, revealed July 24th (because who doesn’t love a good midsummer surprise), is all about the tech from the Ink Foundation. Kraken says this move is for “new onchain use cases”—which is crypto-speak for “we’re doing something that sounds fancy.” The INK token, from a subsidiary that’s probably in a different timezone, is meant for the Ink L2 ecosystem. Let the games begin! 🎲
As we approached the quarter’s end, Wall Street anticipated that Textron would report a net income of $1.45 per share with quarterly revenue of $3.65 billion. However, the actual results showed a higher net income of $1.55 per share and revenues of $3.7 billion.
First on the menu is the much-lauded The Age of Disclosure, which made its grand entrance at SXSW like a peacock flaunting its feathers. This cinematic gem boasts interviews with a smorgasbord of 34 former officials—yes, including the likes of Marco Rubio, Kirsten Gillibrand, and the illustrious Luis Elizondo—who brandish claims of an 80-year-old American cover-up involving UAPs and the alleged reverse-engineering of extraterrestrial contraptions! 🛸
Today, Blackstone surpassed analyst predictions for its second-quarter earnings, maintaining its status as the leading authority in the alternative investment sector – the world’s largest private equity firm. Additionally, an emerging possibility of sourcing capital from retirement funds has further fueled enthusiasm among investors.
Each share, cunningly priced at a mere $90 with a delightful 9% dividend, audibly echoes the clamor of institutional demand. Thus, we witness one of the most gargantuan crypto-related cash grabs by a publicly traded entity! It seems Strategy has firmly grasped the Bitcoin lifebuoy, pulling it in as a veritable treasure chest for its treasury. 💎
Yesterday, I observed that O’Reilly reported its second-quarter earnings, where the earnings per share exceeded predictions, but unfortunately, the sales figures narrowly fell short of the target.
Hark! Bit Origin, that dashing purveyor of swine and Bitcoin, has rendered an audacious purchase of 40.5 million Dogecoins (DOGE) for its glittering crypto treasury. Could this be the curtailment of despair and the heralding of a rally beyond the mystical realm of $0.29? Or merely a jest from the fates? 🌈
Bailey’s rather audacious scenario hinges on this quaint little concept of concentration: if a gaggle of corporate balance sheets happens to acquire a significant share of staked ETH, he mused, perhaps equity-market shenanigans could take the place of actually, you know, buying tokens. He opened his thrilling theory with: “If enough ETH validators were owned by public Ethereum treasury companies (we’re talking around 20% of total ETH supply), you could launch a 51% attack on the public equities (yes, that’s a thing), and woosh—suddenly, you have governance over Ethereum! Congratulations, you’ve just transformed securities law into Ether’s new consensus mechanism. Grab a cupcake, it’s party time!” 🎉
As Q2 approaches, analysts anticipated that the airline would generate at least a $0.51 per share profit (after adjustments) on revenues of approximately $7.29 billion. Contrary to these expectations, Southwest reported earnings of merely $0.43 per share and revenue of just $7.24 billion.
