Please ignore the man behind the curtain claiming "Trump is about to get $3 billion richer after deal is approved to take his company public."
"SEC filings indicate Trump Media’s revenue amounted to just $1.1 million during the third quarter. The company posted a loss of $26 million that quarter."
"Not only that, but Truth Social appears to be shrinking. The number of Truth Social’s US monthly active users on iOS and Android is down 39% year-over-year."
As soon as the 6-month lock-up period is done and founders can finally cash out their shares, there will be a race to the exits.
#OrangeMussolini used his initials as the stock ticker. I just can't wait to share the graph showing DJT stock in freefall. You can't make this shit up.
Investing is the best way to get ahead. It's a proven path to success, and can be done with low fees, minimum time commitment and limited risk. Having your money work for you helps you enjoy more freedom and make more of the decisions that are important to you.
Basically I glanced at CD rates, and, is this normal? I don't get why the return rate on 9 months is so high. Or why the yield actually drops on the longer CD terms. Or why the money market account is higher than all but the 9 month CD. Shouldn't the rates just like, go up the longer the term? And shouldn't the money market account be markedly lower than CDs?
Like, is the US economy just in a fucked up place right now, and the banks are going "yup shit's weird" and this is how it looks when they brace for a shakeup? Or something?
@radiofreelunch oh my yes, heh. CDs are just a low risk place to park money that isn't doing anything. Right now they're actually pretty good but that sort of an abnormality.
So I still suffer through X/Twitter to talk to other #investing and #finance experts there, but wow, the moment I step outside the posts from people I know in that community, it gets toxic FAST.
There were always problems there but man, people feel emboldened to do whatever they want now.
@major I've been out for almost a year, but sometimes I open a link via Nitter and man, it's a toxic pit. I'm glad I left it behind, no regrets, no plans to come back.
@RememberUsAlways
Downgraded huh? Musk must need to buy. When he wants to sell expect an announcement of something new, a feature, product, etc.
Tesla reeks of Enron like stock manipulation.
I don't love the idea of my money going to fund the companies destroying the world, but most mutual funds seems to do that, and the banks, who knows what they do?
So I've started #investing a bit of my money in solar panel infrastructure trough #Trine. They show me exactly where my money goes, and to what: Installing rooftop solar!
I'm supposed to get my money back w/interest, but there's ofc a risk. But the risk from investing in world destroyers is worse, IMO.
@forteller Interesting...I just don't have that much faith in the IT (being in IT myself)...waiting 5+ years for a loan to mature...I'll probably have forgotten about Trine by then and they'll just go walk-about with my "forgotten" pocket change over there. Let me sleep over it...
This is the only concrete example of a green investment the leader of Norway's largest environmental organization, Framtiden I Våre Hender, mentions in her book. :)
Alpha and beta are two terms that get tossed around a ton in money management. They sound confounded, yet they’re a lot less difficult than they appear. This is the thing you want to be aware of alpha and beta in money management and the contrast between the two terms....
I am, despite my general disgust for the "financial sector," doing some #investing in order to protect myself and my family in these very dangerous times. I don't like it, but I was born into #capitalism, and I'm trying to survive.
Anyway, one thing I've learned is more/most ppl don't do this bc a) they don't have the money to spare (the biggest reason), but also b) it takes WAY longer than it should to, eg, sell a mutual fund to cash.
U.S. officials are considering tightening an export control rule designed to slow the flow of artificial intelligence chips to China by clamping down on the amount of computing power the chips can have, according to two people familiar with the matter.
Lordstown's Chapter 11 filing highlights the challenges faced by EV stocks that were investor favorites during the pandemic. Today, they're trading at a fraction of their pandemic highs.
… the tickers that are high risk, high reward. Current favorite is Nuvve (NVVE). Beaten down SPAC worth 12M with EV V2G patents from Biden’s alma mater. Effectively pre revenue but with tailwinds from electric school bus funds and mandates working their way through CA legislature. Either they run out of cash within a year or...
Vice President, Security, Carriers and Enterprise Networking, Will Townsend, explains how low earth orbit satellites could disrupt existing satellite technology in the telecom sector.
After a cursory search yielded nothing stock related, I thought, "Fuck it. I'll make one myself." I'm not really interested in moderating a community, but I guess we'll see if it picks up at all before I worry about handing it off...
