submitted by /u/caps-unlock [link] [comments]
Category: Reddit Post
Forbes: A lawsuit has been filed against Pavel Durov in Switzerland, accusing him of violence against his children.
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]
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]
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]
Boomers don’t know what to believe anymore. The Dor Brothers meme
submitted by /u/XGramatik [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]
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]
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]
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]
“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]
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]
So, tomorrow we’ll see if Nvidia keeps defying gravity or if the hype finally meets reality. When your stock goes up 1000%, you’re not a company anymore – you’re a religion. But even gods can fall, and when Nvidia stumbles, the whole market’s going to feel it.
https://preview.redd.it/p1kldyc0v8ld1.jpg?width=602&format=pjpg&auto=webp&s=c13bb8d6b1b0e29de3090de880af8e762708d1bc Nvidia NVDA earnings will be released tomorrow. When it comes to profits, NVDA now makes up a whopping 6.6% of the S&P 500 index. Since the launch of ChatGPT in November 2022, that share has grown FIVEFOLD. For comparison: before ChatGPT, Nvidia’s market cap was $290 billion, and now the company is valued at $3.1 trillion, just $200 billion shy of its peak in July. Since the release of ChatGPT, the stock has surged by more than 1000%. Tomorrow, Nvidia’s quarterly revenue is expected to grow by 112% compared to the same period last year, reaching $28.7 billion. submitted by /u/FXgram_ [link] [comments]
Nordstrom stock, JWN, soars over 10% after reporting stronger than expected quarterly earnings.
submitted by /u/XGramatik [link] [comments]
Oil production in Libya before and after Gaddafi’s overthrow.
submitted by /u/XGramatik [link] [comments]
Powell didn’t “re-strike” anything. The Fed Put was always there, just hiding under layers of jargon and wishful thinking. If you think the “Everything Rally” is greenlit, better brace yourself—because when the party ends, it won’t just be the lights going out, it’ll be the whole damn grid.
submitted by /u/XGramatik [link] [comments]
The equal-weighted S&P 500 just hit a new all-time high. With small-cap stocks recovering and large-cap tech stocks retreating, the markets have become less reliant on tech. The fall is going to hurt like hell!
submitted by /u/XGramatik [link] [comments]
Wen someone tells me to find a normal job, instead of losing money online
submitted by /u/Lor1al [link] [comments]
Ilon Musk and Vitalik Buterin supported the AI safety bill.
https://preview.redd.it/kx63y7f418ld1.png?width=724&format=png&auto=webp&s=46f71dbb1a5d555236a943c9c64b704e3d84a07d Ilon Musk and Vitalik Buterin stated the need to regulate the AI sector. They have supported the SB 1047 AI bill aimed at controlling the industry. Buterin spoke about the risks of using AI against the backdrop of OpenAI’s GPT-4 successfully passing the Turing test. submitted by /u/Lor1al [link] [comments]
Canopy Growth 🌱shares plummet -14%.
submitted by /u/XGramatik [link] [comments]
Thoughts from X: If the CEO of Telegram got arrested for what people do with his product.. What should happen to the CEO of Toyota?
submitted by /u/XGramatik [link] [comments]
The most profitable company in Russia that you’ve never heard of. Net profit for 2023 — 3.4 trillion rubles ($37 million) … Owner Dmitry Frolov, repeatedly convicted for stealing sausage and vodka. Epic, but in Russian. An investigation.
submitted by /u/XGramatik [link] [comments]
Pepperstone: Some thoughts on what to watch in the FX space into year-end…
submitted by /u/XGramatik [link] [comments]
A micro-event and such a good coefficient. Polymarket will certainly soon be a supranational asset.
submitted by /u/FXgram_ [link] [comments]
After the arrest, Durov’s Telegram hits Top 3 Apps in the US and France. That’s how you do marketing, folks!
submitted by /u/caps-unlock [link] [comments]
Business Insider: Edgar Bronfman(ex-CEO of Warner Music Group) drops his $6 billion Paramount bid.Hi exits his bid to own Paramount just before the merger deadline, clearing the path for Skydance Media sale.Paramount’s sale to David Ellison’s Skydance Media is now likely to proceed without obstacles
submitted by /u/Ankle_be [link] [comments]
Coffee climbs +2.2% reaching its highest level since 2022 – Congrats, your overpriced latte just got even more expensive.
submitted by /u/XGramatik [link] [comments]
AIHW: Aussies are living longer than ever before, but will this trend continue?Over the past 5 decades,life expectancy in Australia has increased by13.7years for males(to 81.3)and by11.2 years for females (to 85.4). It has increased at a rate of 3 months per year since the start of the 20th century
submitted by /u/Ankle_be [link] [comments]