Head of the Federal Reserve bank in Minneapolis Neel Kashkari Kashkari
Earlier (more substantive) comments:
Weighs in with his views on crypot ....
Meanwhile Bitcoin doing the rally thing!
Earlier (more substantive) comments:
Weighs in with his views on crypot ....
Meanwhile Bitcoin doing the rally thing!
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Building materials stocks down 11.5% on average. SHW beats revenue but misses EPS guidance, down 9%.
MicroStrategy faces a $14.5B unrealized loss as BTC drops 20%. Its model hinges on BTC outperforming its debt.
XPO beats estimates, up 11.7%! ULH up 48.3% despite revenue drop. WERN down 20.4% on misses.
Home furniture stocks tumble ~29% post-earnings. ARHS beats revenue but guides low, SNBR beats estimates, RH misses.
Xoople raises $130M Series B, aiming for unicorn status with AI-driven satellite data. Risks: crowded market, reliance on gov't data.
Rocket Lab's $38B market cap vs. SpaceX's $1.75T. Revenue up 38%, but P/S is 56. Wait for Neutron?
Bitcoin miners pivot to AI, boosting valuations 5-10x. Expect sector reclassification & multiple re-ratings.
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