The tape, the takes, the pain.
The merger closed at 11:00 a.m. ET on September 30. VRME becomes OPNW on October 1, OpenWorld holders own about 85% of the company, a $1.50 special dividend pays Friday, and about three quarters of the shares are locked up on a 180 day schedule.
Oil and bonds are trading like conjoined twins. Markets can't decide if AI is an asset or a reckoning. And Michael Burry is feeling confident again.
The Nasdaq closed at a record Monday as Treasury yields fell for the fifth straight session and Brent crude slipped below $100 on Iran diplomacy rumors.
The Atlantic says the rat pill has gone mainstream in American cities. SenesTech, the Nasdaq micro cap behind it, just posted record revenue and a 73.6% gross margin, and most of its sales now come from online orders.
A $10 million stake in FG Communities, a plan to buy land lease communities outright, a new name and a new ticker. After shrinking its share count nearly in half, FG Nexus (Nasdaq: FGNX) picks a lane.
Tech CEOs are suddenly talking like responsible citizens. Meanwhile, oil's doing oil things and someone's retired state pension just cleared 0K.
Crude topped triple digits, the 10-year kissed 5%, and traders are pricing in a September rate increase nobody wanted.
4.90 million riders, 584 thousand drivers, 30 cities. Türkiye's mobility super app cleared its September 30 ride-hailing targets with four weeks to spare, then raised them.
The 10-year yield just hit a two-year high and suddenly everyone remembers fixed income exists. Stocks are taking it personally.
Markets opened in wait-and-see mode as the Treasury Secretary prepares to unveil what everyone's calling the 'toughest' Iran sanctions yet. Meanwhile, chips are down and oil's playing limbo.
Treasury yields ground higher and the Nasdaq led the tape lower. Unitree unveiled its Superman humanoid ahead of Shanghai. The AI trade wobbled without falling over.
Micron down 13% in a day. Intel down 21% in seven. Samsung prints an 1,800% profit increase and falls 7%. When good news stops working, pay attention.
The house posted its best trading haul ever. The degens funded a measurable percentage of it. We checked. It was us.
Check your index funds. Check your target date fund. Check your dating app. It is all Nvidia.