submitted by /u/XGramatik [link] [comments]
Day: August 28, 2024
OPENAI IN TALKS FOR FUNDING ROUND VALUING IT ABOVE $100B: WSJ
submitted by /u/XGramatik [link] [comments]
Pepperstone: Markets, once again, are getting all over-excitable about the prospect of rate cuts, leaving the door open to a potential hawkish reversal
submitted by /u/XGramatik [link] [comments]
Super Micro Computer stock (SMCI) drops over 10% after delaying their FY2024 10-K filing, citing the need for more time to assess internal controls over financial reporting. This comes a day after Hindenburg Research accused them of accounting manipulation. Not looking good.
submitted by /u/FXgram_ [link] [comments]
Politico: “Telegram CEO’s brother also wanted by French authorities” – All the dirt is starting to come out – about kids, courts, and maybe worse. Is it time to short the whole TON ecosystem?
submitted by /u/FXgram_ [link] [comments]
Forbes: A lawsuit has been filed against Pavel Durov in Switzerland, accusing him of violence against his children.
submitted by /u/XGramatik [link] [comments]
(with the voice of Harry Potter’s elf): “Toney is free!”. I wonder, will he ever have a comeback. If he will, a trading card with him is worth buying rn. Thoughts?
submitted by /u/caps-unlock [link] [comments]
Foot Locker shares tank 9.9% after Q2 – Guess sneakers aren’t recession-proof after all.
submitted by /u/XGramatik [link] [comments]
The news of Durov’s release turned out to be premature. The source cited by several TON-affiliated channels clarified that Durov was released from custody to appear in court, meaning it’s just a change in procedural status. Toncoin dropped 4% as the info became clear. Sell this—it stinks.
submitted by /u/XGramatik [link] [comments]
Meanwhile, Warren Buffett’s Berkshire Hathaway (BRK.A) just became the first U.S. company outside the tech sector to hit a $1 trillion market cap. Damn, it’s not just too big—it’s freakin’ colossal to fail!
submitted by /u/XGramatik [link] [comments]
Market concentration just hit dot-com bubble levels
Tech, telecom, and healthcare now make up a record 45% of global stocks as of July 2024. That’s a 10% surge in just four years, blowing past the previous high of 44% from the 2000 dot-com bubble. https://preview.redd.it/tqqizypgefld1.jpg?width=862&format=pjpg&auto=webp&s=171de91b0f80c65a0cd058113a517c13878554b2 Meanwhile, financials, energy, and commodities have sunk to 25% of global capital—lower than in 2000. Last time the bubble popped, tech, telecom, and healthcare stocks lost their dominance for years, while financials, energy, and commodities took over. Get ready for round two. submitted by /u/FXgram_ [link] [comments]
Justin Sun: TRON blockchain has been running smoothly for seven years. According to him, the network has not stopped even for a microsecond. The blocked value of assets (TVL) in the TRON network is more than $8.3bn.
submitted by /u/Lor1al [link] [comments]
❗️ A Paris court has released Pavel Durov from custody — BFMTV
According to BFMTV, the investigating judge ended Durov’s detention by the police for the initial interrogation and possible charges. submitted by /u/XGramatik [link] [comments]
Boomers don’t know what to believe anymore. The Dor Brothers meme
submitted by /u/XGramatik [link] [comments]
Aug 28, 2024 marks the beginning of the planetary alignment. Many people view them as moments of reflection or symbolic importance rather than expecting tangible effects on daily life or civilization. What about u?
submitted by /u/Ankle_be [link] [comments]
❗️Binance has seized all Palestinian assets at Israel’s request.
submitted by /u/XGramatik [link] [comments]
“The number of homes for sale in the UK hit a seven-year high, according to Zoopla. It predicted that a growing supply will lift sales this year, but also keep prices in check.” – BBG
submitted by /u/XGramatik [link] [comments]
Pepperstone: Markets remain in a holding pattern amid a lack of significant catalysts overnight, and ahead of eagerly-anticipated earnings from Nvidia after the closing bell on Wall Street.
submitted by /u/XGramatik [link] [comments]
“They’ll probably tear me apart for this—technical analysts and the like (which I’m not one of). But I’ll share anyway: For the last 6 months, Bitcoin has been trading in the $50K-$70K range…..” – …and other nonsense – Bloomberg’s lead ETF analyst James Seyffart dived into technical analysis.
submitted by /u/XGramatik [link] [comments]
US paid $861 billion in debt interest over the last 12 months. That’s just what the Treasury reported. Add $100 billion in Fed handouts to banks, and we’re looking at a staggering $962 billion in interest costs. Wake up – this is the new normal.
submitted by /u/FXgram_ [link] [comments]