Anyone investing heavily this year??
- Thread starter rph2005
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Tom Lee is making the exact same play that Michael Saylor has been making with Bitcoin over the past few years. I certainly won’t miss out on this opportunity like I did when Michael Saylor. Stocking up in my Roth IRA.
A-list actor talks losing 'millions' in Bernie Madoff's Ponzi scheme
The star and his wife reportedly lost 'millions' when they were among the investment victims caught in the Bernard L. Madoff Investment Securities scandal in 2008.www.dailymail.co.uk
Kevin Bacon Is Afraid of Just One Thing
The legendary actor just added a new show to his oeuvre: Prime Video’s ‘The Bondsman.’ Over coffee in New York City, Bacon opens up about his legendary career—and why the horror series explores something that haunts him in real life.www.esquire.com
Kevin Bacon and Kyra Sedgwick Rebuild Fortune Through Real Estate After $30M Madoff Loss - Crazy Luxury Homes
From $30M loss to a fortune rebuilt in bricks and land.
crazyluxuryhomes.com
Kevin Bacon makes rare comment about losing fortune in Bernie Madoff’s $65B Ponzi scheme
“It sucked, and we were certainly angry and all the things,” the “Footloose” star said of how he and wife Kyra Sedgwick first coped with the scandal.
pagesix.com
Kevin Bacon: Being a Bernie Madoff Ponzi Victim 'Sucked' | Entrepreneur
Kevin Bacon recently opened up about falling victim to Bernie Madoff's infamous Ponzi scheme, which stole $65 billion from unsuspecting investors and institutions.
www.entrepreneur.com
Nasdaq To Invest $50 Million In Gemini, Requests Tokenized Trading
Nasdaq is launching itself into the crypto space with two pieces of news early Tuesday. The stock exchange on Monday filed with the SEC to allow trading for tokenized securities. Nasdaq also plans to invest $50 million into Gemini, while the crypto exchange's initial public offering expected later this week.
Reuters on Tuesday reported that Nasdaq (NDAQ) has signed on as a strategic investor to Gemini Space Station, which is expected to IPO on Friday. Nasdaq will buy $50 million in shares in a private placement, which will close immediately after the IPO. Gemini is the crypto exchange founded by the Winklevoss twins, who were involved in Facebook's origins.
As part of the deal, Gemini will give Nasdaq's clients the ability to custody and stake crypto assets. Gemini will become a reseller for Nasdaq's Calypso Solution, which will give its institutional customers access to collateral management solutions.
"We continue to expand our capabilities to serve our institutional clients and the broader investor universe as the regulatory landscape around crypto assets evolves," a Nasdaq spokesperson shared in a note.
Last week, Gemini filed to raise over $300 million in an IPO. The company plans to sell 16.67 million shares of its class A common stock with an expected price range between $17 and $19 per share. The exact size and timing of the offering is still subject to change based on market conditions.
Gemini plans to trade on the Nasdaq under the ticker symbol GEMI.
Gemini's financial report showed a net loss of $282.5 million for the first half of 2025, widening from a loss of $41.4 million for the first half of 2024.
Nasdaq Seeks To Tokenize Stocks
Elsewhere, Nasdaq on Monday filed with the Securities and Exchange Commission, asking the regulator for a rule change that would allow it to trade tokenized stocks. If granted, the exchange would be able to offer both traditional securities trading and trading for tokenized securities that utilize the blockchain. A share of a tokenized security would be available for trade in the Nasdaq Market Center on the same order book as its traditional counterpart under the proposal.
"The Exchange believes the markets can use tokenization while continuing to provide the benefits and protections of the national market system," Nasdaq wrote in the filing.
Chuck Mack, Senior Vice President of North American Markets for Nasdaq, told Nasdaq Newsroom in a Q&A session that the company is seeing demand for tokenization.
"Many in the market, including Nasdaq, see tokenization as having potential to benefit investors, issuers, and the economy more broadly," Mack said. "Blockchain technology can provide a number of potential efficiencies, including faster settlements, improved audit trails, and more streamlined flow from order to trade to settlement. Additionally, once an equity asset is on the blockchain, it has the potential to be used in more ways."
Robinhood (HOOD) in June announced plans to launch tokenized stock trading, while crypto exchange Kraken began rolling out tokenized stocks and ETFs in late June.
Nasdaq stock ticked lower Tuesday, still holding above its 21-day exponential moving average after rebounding Monday from the 50-day line.
NDAQ stock could offer an entry with a little strength, breaking a short downtrend while still close to the 50-day/10-week line
The stock also has a four-weeks-tight pattern with a 97.63 buy point that matches the Aug. 11 record high. Nasdaq is on track to have a flat base after this week.
NDAQ stock has jumped nearly 23% so far this year.
You can follow Harrison Miller for more stock news and updates on X/Twitter @IBD_Harrison
Gave most of it back. I hope Vivek loses all his money.
They did a 8 to 1 tock split. Maybe new investors are buying up the cheaper shares. They are not profitable nor have a dividend.
Wait until folks realize those chart signs were just hallucinations and this was an elaborate ruse to get folks cowry shells.
Yeah...I wasn't in front of my computer when it got to 12...I would have sold
Stupid meetings...
That usually causes stocks to crash hardThey did a 8 to 1 tock split. Maybe new investors are buying up the cheaper shares. They are not profitable nor have a dividend.
Who the hell talks about Potbelly.. anyway..
Convenience store operator RaceTrac to buy sandwich chain Potbelly for $566 million
Wed, September 10, 2025 at 3:28 PM CDT 2 min read
In this article:
PBPB
+31.32%
By Abigail Summerville
(Reuters) -RaceTrac agreed to buy sandwich chain Potbelly Corp for approximately $566 million on Wednesday, in a rare move for a convenience store operator to buy out a restaurant brand.
Family-owned RaceTrac, which operates convenience stores under the RaceTrac, RaceWay and Gulf brands, will commence a tender offer to acquire all of the outstanding shares of Potbelly for $17.12 per share, according to a statement.
All of Potbelly's directors and executive officers have agreed to tender their shares, representing around 11% of Potbelly's outstanding common stock.
Convenience store operator RaceTrac to buy sandwich chain Potbelly for $566 million
Wed, September 10, 2025 at 3:28 PM CDT 2 min read
In this article:
PBPB
+31.32%
By Abigail Summerville
(Reuters) -RaceTrac agreed to buy sandwich chain Potbelly Corp for approximately $566 million on Wednesday, in a rare move for a convenience store operator to buy out a restaurant brand.
Family-owned RaceTrac, which operates convenience stores under the RaceTrac, RaceWay and Gulf brands, will commence a tender offer to acquire all of the outstanding shares of Potbelly for $17.12 per share, according to a statement.
All of Potbelly's directors and executive officers have agreed to tender their shares, representing around 11% of Potbelly's outstanding common stock.
https://www.reuters.com/technology/rubrik-shares-fall-microsoft-backed-firm-nears-ipo-lockup-expiry-2024-09-10/#:~:text=Sept 10 (Reuters) - Shares,N) , opens new tab.
September 10, 202411:31 AM EDTUpdated September 10, 2024
A banner for Rubrik Inc., the Microsoft backed cybersecurity software startup, is displayed to celebrate the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., April 25, 2024. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab
Sept 10 (Reuters) - Shares of Rubrik (RBRK.N), opens new tab fell more than 6% on Tuesday, as the markets braced for the expiry of a lockup period tied to its initial public offering, clouding the Microsoft-backed cybersecurity company's upbeat second-quarter revenue.
The lockup period expires on Wednesday and typically that would allow company insiders and pre-IPO investors to sell their shares, which often puts pressure on the stock price.
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Rubrik's results, the second after it went public in April, indicate that businesses have been spending heavily to shield themselves from growing cyber attacks that have hit companies, including UnitedHealth Group (UNH.N), opens new tab, Microsoft (MSFT.O), opens new tab and U.S. oilfield services firm Halliburton (HAL.N), opens new tab.
"While the pending IPO share-lockup expiry on Sept. 11 could cause some downward share price pressure, this report and the current robust cybersecurity spending environment confirm our positive Rubrik thesis," brokerage CIBC wrote in a note.
If losses hold, Rubrik will be on track to shed more than $350 million. The company had a market valuation of $5.77 billion as of Monday's close.
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California-based Rubrik reported second-quarter revenue of about $205 million, compared with analysts' average estimate of $196.2 million, according to LSEG data.
Its adjusted loss per share for the quarter was 40 cents, compared with the estimates of a loss of 49 cents per share.
"We have helped hundreds of customers quickly come back online after the recent global IT disruption," Chief Executive Bipul Sinha said on a post-earnings call on Monday.
Rubrik shares fall as Microsoft-backed firm nears IPO lockup expiry
By ReutersSeptember 10, 202411:31 AM EDTUpdated September 10, 2024
A banner for Rubrik Inc., the Microsoft backed cybersecurity software startup, is displayed to celebrate the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., April 25, 2024. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab
Sept 10 (Reuters) - Shares of Rubrik (RBRK.N), opens new tab fell more than 6% on Tuesday, as the markets braced for the expiry of a lockup period tied to its initial public offering, clouding the Microsoft-backed cybersecurity company's upbeat second-quarter revenue.
The lockup period expires on Wednesday and typically that would allow company insiders and pre-IPO investors to sell their shares, which often puts pressure on the stock price.
Learn about the latest breakthroughs in AI and tech with the Reuters Artificial Intelligencer newsletter. Sign up here.
Advertisement · Scroll to continue
Report This Ad
Rubrik's results, the second after it went public in April, indicate that businesses have been spending heavily to shield themselves from growing cyber attacks that have hit companies, including UnitedHealth Group (UNH.N), opens new tab, Microsoft (MSFT.O), opens new tab and U.S. oilfield services firm Halliburton (HAL.N), opens new tab.
"While the pending IPO share-lockup expiry on Sept. 11 could cause some downward share price pressure, this report and the current robust cybersecurity spending environment confirm our positive Rubrik thesis," brokerage CIBC wrote in a note.
If losses hold, Rubrik will be on track to shed more than $350 million. The company had a market valuation of $5.77 billion as of Monday's close.
Advertisement · Scroll to continue
Report This Ad
California-based Rubrik reported second-quarter revenue of about $205 million, compared with analysts' average estimate of $196.2 million, according to LSEG data.
Its adjusted loss per share for the quarter was 40 cents, compared with the estimates of a loss of 49 cents per share.
"We have helped hundreds of customers quickly come back online after the recent global IT disruption," Chief Executive Bipul Sinha said on a post-earnings call on Monday.
NVDA
CRDO
AMZN
ANET
MTZ
SITM
ASML
AXIOS: Inflation in August ticking up to the highest since 2021. Manufacturing activity shrank six months running. Unemployed workers exceeding job openings. If Biden had numbers like that, you'd be on Fox saying, 'What's going on'?
LUTNICK: So, the economy that Donald Trump owns starts at the end of this year.
AXIOS: It doesn't work that way!
What happens if they don’t cut?
sell off then slide into recession much quicker
either way we are heading into a recession
or at least stagflation
cutting rates gives us one last big hurrah for another year or so
Why would they be responsible if they never closed? Seems like the most should have been done is losing their deposit.
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