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Posted
1 hour ago, tbone_ said:

So Nvidia went to the Enron school of accounting?

Not just Nvidia, Altman did have an Andrew Fastow, “you’re too dumb to understand it” moment on a podcast with Brad Gerstner when asked how 12 billion in revenue ever pays out with trillions of capex

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Posted (edited)
3 hours ago, OneOfTheOutOfFocusGuys said:

i predict some profit taking throughout the day.

Humblebrag

well done

Edited by Rip76
Posted
11 minutes ago, StassneyHorn said:

So employment numbers that nobody trusts (jobsgiving) made institutional think no rate cut in December. So good news is bad news.

IMG_9274.thumb.png.ed235ac6efb16adacd61b44ba1036b78.png

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Posted
18 minutes ago, StassneyHorn said:

So employment numbers that nobody trusts (jobsgiving) made institutional think no rate cut in December. So good news is bad news.

Talking heads on CNBC laying the blame for today’s switch on continuing declines in bitcoin. 

Posted
1 hour ago, OneOfTheOutOfFocusGuys said:

if our fucking economy is hitched to bitcoin, we deserve our impending depression

C' on man, could be worse, I remember when the economy was tied the frozen concentrated orange juice future

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Posted
1 hour ago, sidis said:

oh shit, last time you said this, it was like +30% in a day or something. In.

They had another impressive quarter report this morning. Hold it long if you’re going to invest. I’m not a financial planner but I believe 2026 is going to be a breakout for them. And well beyond. It’s golden content and they have a planets worth. They’ve already x3 since IPO in 2024.

Posted
17 hours ago, elfenix said:

Since this looks like the regular market thread anyone want to tell me about this QQQ vote I just got spam texted about?

AI SUMMARY

A shareholder vote is underway for the Invesco QQQ Trust to reclassify it from a unit investment trust (UIT) to an open-ended fund. The goal is to modernize the fund, which includes lowering the expense ratio from 0.20% to 0.18%.  The vote has been extended, and the final deadline to vote is December 4, 2025. 

Reclassification: The primary proposal is to change QQQ from a unit investment trust to an open-ended fund, a modern structure used by most ETFs today.

Other benefits: A successful vote could also lead to the election of a board of trustees to replace the current trustee (a bank).

Why shareholders are being contacted: The vote deadline was initially missed due to a lack of quorum, so Invesco is actively contacting shareholders to encourage them to vote.

What you get: Voting is voluntary, but it's the only way for individual shareholders to influence the outcome

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