@ChipYVR You gotta be the world's biggest dipshit. Do you enjoy losing money daily? Why don't you just sell your percentage and move on with your miserable life?
We truly are witnessing history right now.
It's clear that the period we are in now will be referenced for decades to come.
The S&P 500 has added +$10 trillion in 29 days, semiconductor, AI stocks are surging 100%+ in weeks, and the Trump Administration is up +550% on Intel.
When we began emphasizing the need to own assets to win in this market over 12 months ago, this is exactly what we meant.
While inflation is back and the labor market has weakened, it simply does not matter right now.
In fact, the return of inflation has only intensified the scramble for yield and hard assets that can preserve purchasing power.
Look at the data: just 5 stocks have accounted for ~50% of the S&P 500’s total gains since April 1st.
These same tech giants driving the market higher are gaining even more momentum amid rate cuts, deregulation, and historic inflows into equities.
Asset owners are experiencing one of the greatest wealth expansions in modern history while everyone else is being left behind.
Our 12+ month thesis has materialized.
BREAKING: The Department of Justice is investigating more than $2.6 billion in oil trades placed shortly before major Iran war announcements by Donald Trump.
Here's the most contentious part of Ryan Cohen's CNBC Squawk Box interview about the GameStop-EBAY acquisition.
This is a HEATED back and forth, uncommon for financial news. $GME
Sorkin, at one point is in disbelief at RC's repetitive answering to his question.
@PGATOUR How did your team manage to develop quite possibly, the worst fantasy golf app of all time? If a player is auto swapped, why does the captain setting not transfer over. Why can I not select two different lineups for two different leagues? Literally dumb as hell
I wish the Allbirds people luck in their attempt to pivot to GPUs. Maybe they can do it. But i regard this as the first definitive sign that things have gone too far. What a bunch of jokers and mountebanks they are..
You can’t make this up:
Allbird stock, $BIRD, was down -99% from its record high as of yesterday as the shoe company was collapsing.
Today, Allbirds stock is up as much as +875% after entirely rebranding as an AI company.
This includes selling all of its brands and footwear assets and rebranding to “Newbird AI.”
And, the company will use a $50M convertible financing facility to “acquire high-performance GPU assets.”
Even shoe companies are moving into AI.
Pam Bondi was subpoenaed to appear before the Oversight Committee today. This was not a “pretty please.” This was a LEGALLY BINDING congressional subpoena. If she does not make arrangements to appear immediately, we will move to hold her in contempt.
BREAKING: A worker died at an Amazon, $AMZN, warehouse in Oregon last week, per MorePerfectUnion.
Employees were told to keep working for over an hour as the body remained on the floor.
One manager told the workers, “Just turn around and not look. Let’s get back to work.”
NEW YORK POST:
- Iranians considering ending their enrichment program in exchange for sanctions relief
- Iranians couldn’t easily communicate with leadership during the weekend, part of the reason for no final deal
This headline is why markets flipped green 30 minutes ago.
If we get the Iranians ready to give up enrichment…Trump gives them sanctions relief…he paints the story as a massive victory…oil tanks and markets rip.
That is the most optimistic scenario but there is some work to get there!
BREAKING: Israel was not formally part of the Iran negotiations and is unhappy that it "got word" that the deal was finalized at a late stage, per WSJ.
Details include:
1. Israel was not consulted regarding the ceasefire agreement, mediators tell WSJ
2. The extent of the consultation was President Trump calling Israeli Prime Minister Netanyahu "shortly before" the ceasefire was announced
3. Mediators said Israeli officials were unhappy with the terms, including the planned inclusion of Lebanon in the agreement
4. Netanyahu said Wednesday morning that the deal does not include Lebanon, contradicting an earlier statement by Pakistan
The ceasefire situation remains fluid.
Earlier in my career, a lot of energy went into proving that we could build something meaningful. Over time, the focus shifted. The question became less about whether we could create and more about what deserves to exist. That has pushed me toward a bigger view of access and ownership.
For a long time, many of the best financial tools, opportunities, and networks were concentrated in a relatively small world. I think a healthier future gives far more people a real stake in the system.
That belief has only gotten stronger as Robinhood has grown and as I have seen how much demand there is for a more inclusive model.
When it comes to trading, I am all into compactness and simplicity. All these multi screen big office operations are for the “show.” Simplicity is for the “go.” Totally not impressed with the 10 screen layout.
Karoline Leavitt: “If you heard it from Trump, obviously it’s true.”
Okay, then where is…
• $2,000 tariff checks
• $5,000 DOGE checks
• 10% APR on credit cards
• 1,500% cheaper prescriptions
• Gas under $2
• Groceries getting cheaper
• No more new wars
• The Epstein files
• The Greenland hospital ship
“President Trump went to war against Iran without explaining his strategy to the American people or the world. It now appears that he may not have had much of a strategy at all,” per NYT