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Off-Topic Stock Market & Crypto Discussion

www.theblock.co

Trump Media establishes corporate bitcoin treasury with $2.5 billion offering

The $2.5 billion offering is comprised of $1.5 billion in Trump Media common stock and $1 billion in convertible notes at a conversion price equal to a 35% premium.
www.theblock.co www.theblock.co


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Tomorrow NVDA earnings…should move the mkt. either way
Thursday- GDP annualized 1st quarter
Friday- CPI April…personal income and spending
Mkt up today as EU Tariff delay.
 
PatrickCane said:
I'm in MSTR - Michael Saylor's bitcoin reserve stock. Volatile but if Bitcoin keeps rising and they keep buying they will be the world's Bitcoin marketplace down the road as they will own most of the worlds Bitcoin.
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Etherium is lagging Bitcoin so far.
 
If I was a conspiracy theorist I would say that Trump could threaten tariffs on a company, then announces delaying EU tariffs, [traders cover their shorts]..a lot of money could be made by those conflicting announcement's. No one says a word because…. that’s Trump….but that could never happen.
 
RealRussellPumps said:
What's a good crypto to get into for someone who has little/no experience trading in it?
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I own Galaxy Digital and they just went on NASDAQ (GLXY).

They are the investment banker to the crypto industry. They have large positions in bitcoin, solana, etc. They're heavily involved in providing Data Center infrastructure to AI companies like CoreWeave. That said, it's unlikely you'll see huge gains like you could in some other crypto stocks like XRP. Conversely, you're assuming less risk with Galaxy, because they are very diversified.
 
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GladeCane said:
I own Galaxy Digital and they just went on NASDAQ (GLXY).

They are the investment banker to the crypto industry. They have large positions in bitcoin, solana, etc. They're heavily involved in providing Data Center infrastructure to AI companies like CoreWeave. That said, it's unlikely you'll see huge gains like you could in some other crypto stocks like XRP. Conversely, you're assuming less risk with Galaxy, because they are very diversified.
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I think you mentioned Galaxy here. What’s your avg? I’ve been in a while.
 
FOOK speak of the devil. Galaxy just offered 29 mil shares. Dropping 20% tomorrow. **** show.
 
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Wall Street Journal
  1. ECONOMY
  2. CENTRAL BANKING

The Fed Forecasts Stagflation​

Officials say a ‘cautious approach’ will help navigate the risks of higher inflation and weaker growth.​

The reasons cited were tariffs leading to weaker growth.
 
USD Continuing Jobless Claims 1,919K 1,890K 1,893K
08:30 USD Core PCE Prices (Q1) 3.40% 3.50% 2.60%
08:30 USD Corporate Profits (QoQ) (Q1) -3.6% 5.9% -0.4%
08:30 USD FOMC Member Barkin Speaks
08:30 USD GDP (QoQ) (Q1) -0.2% -0.3% 2.4%
08:30 USD GDP Price Index (QoQ) (Q1) 3.7% 3.7% 2.3%
08:30 USD GDP Sales (Q1) -2.9% -2.5% 3.3%
08:30 USD Initial Jobless Claims 240K 229K 226K
08:30 USD Jobless Claims 4-Week Avg. 230.75K 231.00K
08:30 USD PCE Prices (Q1) 3.6% 3.6% 2.4%
08:30 USD Real Consumer Spending (Q1) 1.2% 1.8% 4.0%

PCE prices up
Corporate profits down
GDP down
Jobless Claims up
Consumer spending down
 
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