ENA, Ethena’s native token, now clings to the third spot in the stablecoin hierarchy, trailing Tether and Circle like a lost puppy. Yet here comes StablecoinX, brandishing its $360 million PIPE (a fancy name for a money grab) to expand its ENA dominion. The plan? A five-year renewable partnership with Ethena, where a joint investment committee will presumably argue over how to squander the funds. Classic capitalism: transparency meets chaos.
Experts predict a net income of approximately $2.90 per share from Horton’s fiscal third quarter on revenues of around $8.8 billion. However, the company actually reported earnings of $3.36 per share, with total sales amounting to $9.2 billion.
This magnificent acquisition is now officially the biggest weekly ETH buy in history. Sharplink’s Ethereum stash now boasts a mind-boggling 360,807 ETH. Yes, you heard that right—a 29% increase in just one week! 📈
This partnership promises to usher in a new era of seamless crypto access for PNC’s vast and doubtless bewildered client base, as traditional banks scramble to adapt to the rise of digital finance, like a gaggle of geriatric gatekeepers trying to keep up with the cool kids on the block 🕺.
On Monday, Ark made purchases of additional shares in Advanced Micro Devices (AMD), Ibotta (IBTA), and Nu Holdings (NU). Let’s delve deeper into the details of these recent transactions by Wood.
In the absence of any company-related updates affecting its stock, the sole significant factor influencing the market was an upward revision in the price target by Goldman Sachs, raising it from $5 to $7. However, even with this adjustment, Goldman Sachs maintained a sell recommendation for Kohl’s.
Over the past five years, this leading AI company has experienced an astonishing growth of 1,590%. In contrast, the S&P 500 index has only increased by 95% during the same period. It’s evident that investors are captivated by the business, viewing it as a successful venture that will continue to thrive in the rapidly evolving AI-driven technological landscape.
Marshall Financial Group disposed of 15,220 shares worth approximately $7.56 million from its holding in Invesco QQQ Trust, Series 1. This transaction is outlined in a filing with the U.S. Securities and Exchange Commission which can be found here. Following the sale, the fund retained 13,058 remaining shares of QQQ, valued at approximately $7.21 million as per the July 10 closing price.
It’s quite clear that something unusual is happening. For instance, D-Wave Quantum has seen an incredible surge, over 1,700% in the past year alone. Similarly, IonQ has experienced a significant leap, rising by almost 450%. However, despite these remarkable gains, big-time investors are shifting their focus towards a more substantial quantum computing stock.
The S&P Global committee periodically revises their index every three months, but exceptional circumstances may require an immediate revision – like when a listed company is acquired or becomes privately owned. In such cases, another publicly traded stock must be added to compensate for the loss.