I thought they said that history is staying now?
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
Very cool, thanks for the update! Sounds good now.
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Think I'm going to buy some RR.
Came public late 2023 around $4. Popped initially, but then sunk, selling as a penny stock for a bit, but then it looks like it went meme late 2024/early 2025 before dropping again, but has ground higher in a nice steady pace since. Up about 50% but on the low end of an upward trending channel.
$252m market cap. It looks like the reported earnings but E-Trade has it listed as "undefined". So yeah, it's speculative. lol.
I'll dip my toe in based on the chart.
Came public late 2023 around $4. Popped initially, but then sunk, selling as a penny stock for a bit, but then it looks like it went meme late 2024/early 2025 before dropping again, but has ground higher in a nice steady pace since. Up about 50% but on the low end of an upward trending channel.
$252m market cap. It looks like the reported earnings but E-Trade has it listed as "undefined". So yeah, it's speculative. lol.
I'll dip my toe in based on the chart.
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$7B valuation for just sitting on reserves and collecting Tbill interest. What a business model
They don't pay out to token holders?
Seems like it would have an inverse relation to the T-Bill market?
They don’t pay out, they just hold reserves for whatever amount of $usdc they issue
Making counterfeit dollars is a good business? Who knew!Circle up 168% today.
I admire your consistency as you’ve been a tether truther all along, but what can you point to with Circle that puts them in that category?
Awesome quarter for AVGO. Double beat and raise:
Broadcom (NASDAQ:AVGO) shares fell 2.9% in extended trading on Thursday, even as the semiconductor and software company reported fiscal second-quarter results and guidance that topped expectations.
For the period ending May 4, Broadcom said it earned an adjusted $1.58 per share as revenue rose 20.1% year-over-year to $15B. Semiconductor solutions revenue was $8.41B for the period, while infrastructure revenue was $6.596B.
“Broadcom achieved record second quarter revenue on continued momentum in AI semiconductor solutions and VMware,” said Broadcom CEO and President Hock Tan in a statement. “Q2 AI revenue grew 46% year-over-year to over $4.4 billion, driven by robust demand for AI networking.”
A consensus of analysts expected Broadcom to report adjusted earnings per share of $1.57 on revenue of $14.7B.
Broadcom makes application integrated specific circuits for a number of high profile customers, including Alphabet, Meta, ByteDance and others.
Looking to the third-quarter, Broadcom expects revenue to be about $15.8B, above the $15.75B estimate. Adjusted EBITDA is expected to be around 66% of total revenue.
AI semiconductor revenue in the third-quarter is expected to hit $5.1B, marking 10 consecutive quarters of growth, Tan added.
Broadcom also declared its quarterly dividend of $0.59 per share, payable on June 30, to stockholders of record on June 20.
The company will host a conference call at 5 p.m. EST to discuss the results.
Broadcom (NASDAQ:AVGO) shares fell 2.9% in extended trading on Thursday, even as the semiconductor and software company reported fiscal second-quarter results and guidance that topped expectations.
For the period ending May 4, Broadcom said it earned an adjusted $1.58 per share as revenue rose 20.1% year-over-year to $15B. Semiconductor solutions revenue was $8.41B for the period, while infrastructure revenue was $6.596B.
“Broadcom achieved record second quarter revenue on continued momentum in AI semiconductor solutions and VMware,” said Broadcom CEO and President Hock Tan in a statement. “Q2 AI revenue grew 46% year-over-year to over $4.4 billion, driven by robust demand for AI networking.”
A consensus of analysts expected Broadcom to report adjusted earnings per share of $1.57 on revenue of $14.7B.
Broadcom makes application integrated specific circuits for a number of high profile customers, including Alphabet, Meta, ByteDance and others.
Looking to the third-quarter, Broadcom expects revenue to be about $15.8B, above the $15.75B estimate. Adjusted EBITDA is expected to be around 66% of total revenue.
AI semiconductor revenue in the third-quarter is expected to hit $5.1B, marking 10 consecutive quarters of growth, Tan added.
Broadcom also declared its quarterly dividend of $0.59 per share, payable on June 30, to stockholders of record on June 20.
The company will host a conference call at 5 p.m. EST to discuss the results.
All depends on the news of the moment. Set a tight $270 stop loss. Will buy back if it totally dumps.
Lol I’ve long left the crypto rabbit hole - I actually own a little BTC right now, cheers.
Good news for Tesla is that Elon can sell you a robot with driving abilities with every purchase of one of his “full self driving” cars.
The world has ended seven times this year and the S&P is still at 6k
Maybe he knows the market will tank and want to front run it.
That would help the housing market and bring down mortgage rates.
S&P closed the day a hair above 6,000. Nice to see.
The Stock& Invests Talk and Hot Chicks threads were absolutely key.
Housing is still hot in Summit. The shore house have plateau but prices is ATH.
Nationally, more sellers than buyers. Plenty of houses for sale in my town and they are trading at ridiculous prices
More buyers than sellers (which is why prices are still high). National for-sale supply is not back to pre-COVID levels due to rates.
Like I said, more sellers than buyers nationally. In select towns in Jersey, demand is able to absorb the increase in supply.
Nope, more buyers than sellers. Once that changes you will see prices come down. Econ 101. Cutting rates would help this quite a bit.
We now have the most houses on the market since March 2020…outnumbering buyers by 400K.
The Fed funds interest rate has nothing to do with long term mortgage rates…a rate drop would just lead to a steeper yield curve. Even a certain ex-DOGE employee gets this.
Still not back to pre-COVID levels. We will get there, but cutting rates and lowering mortgage costs is key.
Forgot the mention on Friday:
HOOD continues to rally. Barclays saying HOOD likely heading into the S&P 500 soon. If so, this one is going way higher.
HOOD continues to rally. Barclays saying HOOD likely heading into the S&P 500 soon. If so, this one is going way higher.
Hood was down 6% late in extended on friday on news the the S&P was standing pat.
See what happens tomorrow.