For two consecutive quarters, generative #AI dealmaking at the earliest stages has declined, dropping 76% from its peak in Q3 2023 as wary investors sit back and reassess following the initial flurry of capital into the space.
'The Diverse Investing Collective has launched a data dashboard that measures how much money is in the hands of gender-diverse and racially diverse portfolio management teams.... The initial version of the dashboard focuses on gender and a second version that will provide data on race and ethnicity in addition to gender will be released later in 2024.'
#Meta $META down 14% overnight. I see a large "nib" in the 5 year chart during 2022 that may force a retest of 52 week lows @$207 USD per share. #facebook #premarket #investing #zuck
#Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategy
The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a #market dealing with slowing #ElectricCar sales.
"Truth Social has lots of company: “More than one-fifth of the nearly 500 SPAC deals that have closed since 2019 are trading below $1 each, representing a greater than 90% plunge. $DJT"
-Tim O'Brien
"Trump Media Spirals as 37% Dive From Debut Close Erases Billions. DJT has struggled to retain the attention of retail traders. Paper windfall for Donald Trump drops by $1.6 billion in weeks. #TFG
I don't like to get ahead of myself on #economic predictions but the #waves tell me the #UnitedStates is in the beginning of a multi-year #super#cycle that could extend to a decade with the correct policy positions and a bit of luck.
Circumstances change but the US economy continues to defy the petulance from the #recession world. #investing
I'd like to remind everyone that since 2020 #russia #china #iran
Have used every moment to throw shit at the #UnitedStates#economy with the result being exactly opposite of what they intended.
In fact, one could argue the #Communist and #jihad nations have only shot themselves on 5th avenue. #trump #investing
If Truth Social was loosing cash so rapidly, how could Trump keep it afloat up until the recent IPO? According to the Guardian, by borrowing millions from a Russian shell company controlled by Postolnikov — a guy whose name is listed on FBI search warrants in an ongoing money laundering investigation.
If all of this is true, the movie about the takedown Comrade Trump appears to write itself.
@randahl
I've been following this shitshow for quite a while now. I never believed the merger would actually happen until it did, and I still think the SEC never should have given the green light for it.
I wrote about the link between TMTG and Paxum Bank back in October 2023:
"In 2022, the Southern District of New York investigated TMTG for money laundering, after finding it received a $8 million in loans: $2 million from Paxum Bank, based in Dominica and chartered under the Offshore Banking Act No. 8 of 1996. Paxum is partially owned by a former Russian government official who now runs a maritime agency under the jurisdiction of the Ministry of Transport of the Russian Federation. The other $6 million came from “ES Family Trust” which shared a director with Paxum."