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BONK and WIF are on a volatile journey with the prospect of further corrections threatening to stagnate their journey ahead. Despite the significant market cap they gained during the recent bull run, they have little steam left. The large market caps and the growing competition in the meme coin market are the culprits. Massive market capitalizations are unsustainable in the meme coin niche, where many low-cap alternatives with trending themes compete for attention.Poodl Inu ($POODL) is benefitting from the trend shift. “I Found The NEXT 100x Shiba Inu (Poodl Inu)”@michaelwrubs is a geniushttps://t.co/mhmK3UFJqJ — Poodl Inu (@poodlinu) March 20, 2024Poodle Inu…
She clocks over 40 hours weekly in her salaried human resources role at a medium-sized company.”As much as I love my job and what I do, in my darkest private moments, I think I’m going to die in this job. I’m going to die in this office because I have no way to get out,” she said. For her, work means both dignity and a financial lifeline. She’s far away from family and doesn’t have help or a second income she can rely on.One of the main reason she hasn’t been able to retire is that she’s been “overwhelmed” by…
As Reddit prepares to go public, a new filing with the SEC has revealed its biggest backers.OpenAI’s Sam Altman is the third-largest shareholder, the filing revealed.It was previously known he was a Reddit investor — but not to this extent. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app We learned a new detail about Sam Altman Thursday: just how much he supports Reddit.In preparation for its highly-anticipated IPO, the online social forum filed an S-1 form with the Securities and Exchange Commission on Thursday, detailing the company’s financial…
Thesis In my previous article (released in Q3 2023, which were released on October 13) that covered JPMorgan Chase & Co. (NYSE:JPM), I assigned a strong buy rating citing that its estimated fair price was around $314.74, an 85% upside from the stock price at the time of $170.1. The stock price is around $196.6, which indicates that the stock has increased by 15.57% since my previous article. In this article, I will update my model on JPMorgan with the information from Q4 2023, released on January 12. After concluding the valuation process, I arrived at an estimated fair price…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In recent months, the star power of one basketball player has sold out stadiums across the US, driven record television ratings and sparked countless conversations about a new era of fandom.The record-shattering performance of Caitlin Clark, a 22-year-old senior and point guard at the University of Iowa, had brought a surge of interest in women’s college hoops that is driving media and sponsorship deals that outpace some men’s sports. Earlier this month, more than 3mn people tuned in to watch Clark break the…
A widely recognized kiosk near the Lincoln Memorial dedicated to spreading awareness about prisoners of war and other military-related causes was destroyed in a fire Thursday, sending a man to the hospital with serious injuries, authorities said. The fire took place around 7 a.m. ET, DC Fire and EMS Department spokesman Vito Maggiolo said. It was quickly extinguished but resulted in a “total loss” of the structure, said Mike Litterst, a spokesman for the National Park Service. The man was airlifted to a hospital with “serious but non-life-threatening injuries,” Litterst added. Authorities said the fire was accidental and appeared to…
In a recent filing with the Securities and Exchange Commission, TMC the metals Co Inc. (NYSE:TMC) reported that its Chief Financial Officer, Craig Shesky, has sold a significant portion of company stock. The transaction, which took place on March 22, 2024, involved the sale of 233,424 common shares at an average price of $1.6087, totaling over $375,509. The sale was conducted to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs) granted to Shesky as part of the company’s incentive plans. According to the filing, the shares were sold at prices ranging from $1.58 to $1.65…
By Anjana Anil and Ashitha Shivaprasad (Reuters) – Gold scaled a record high on Tuesday, moving further above $2,100 per ounce in a rally sparked by growing bets for a U.S. interest rate cut in June and on safe-haven demand due to the conflict in the Middle East. gained 0.8% to $2,132 per ounce as of 02:13 p.m. ET (1913 GMT), having hit a record $2,141.59 earlier. U.S. settled about 0.7% higher at $2,141.9. Bullion last hit a record high in December at $2,135.40. “The big reason here is that we’re seeing the market increasingly believing that a Fed rate…
Investing.com– Most Asian currencies rose sharply on Thursday, while the dollar tumbled from two-week highs after comments from the Federal Reserve kept expectations of interest rate cuts largely in play. The Fed on Wednesday and maintained its forecast for a 75 basis point reduction in rates this year. The move, particularly the Fed’s outlook, ramped up appetite for high-yielding, risk-driven assets. Hawkish signals from some Asian economies also boosted regional currency markets. USDJPY falls from four-month high on Fed signals, BOJ rate hike The Japanese yen strengthened sharply on Thursday, with the pair falling 0.5% from a four-month high to…
