Money, Investments and the Economy

[RedSeven]

I’m not too sure what you mean regarding “range of options”.
I would imagine if today you buy a 1/10 share for 110 dollars in the next few days you will have 1 full share which is valued at the same price.

[Limiescouse]

I don’t know if all brokerages allow that option for all stocks and at what level of service cost for facilitating it

[RedSeven]

E***o allow it,in Ireland anyway.I don’t know the ins and outs but 1/10th share for say 115 dollars would probably only cost you and extra half percentage on buying.Probably about the same to sell but i’m not to sure on that part.
Tax on profits after that as well.

[Limiescouse]

This seems big

Google loses massive antitrust lawsuit over its search dominance | CNN Business

[RedWhippet]

That seems huge. I noticed that they said that they are wanting to use the same legal arguments against the likes of Ticketmaster.

[redfanman]

I dont know if anyone here reads Matt Levine’s opinion pieces for Bloomberg (i’m signed up to his free emails) or listens to his podcasts but i think he is one of the best writers out there on US financial events.

[Limiescouse]

@Limiescouse

Nvidia is about the execute its previously announced Stock split. This will bring its cost down from over $1100 a share to around only $100 making it much more viable an investment for your typical retail investor. The big growth may have gone, but for anyone who thinks there is legs in the super conductor market, this would be the time to try to get in at a much more affordable price. This analysis suggests these moves typically result in continued growth.

https://x.com/bpmehlman/status/1798021021766980037

Nvidia stock has increased in value by about 75% since and just hit a market cap of $4t. I am genuinely concerned about AI being a bubble and the repercussions of what happens when it bursts, but this still looks on the up even despite that idea increasingly being spoken about in normie circles.

[Semmy]

I am still wondering if AI is the next dot-com bubble that the corrupt leaders of the world use to syphon hundreds of billions of dollars away from the average Joe’s retirement investment plans.

Then, get a taxpayer bailout

[Limiescouse]

This is absolutely superb. There arent many positive ways for them to respond to the shit storm they’ve found themselves in over the last week, but this is just about 10/10

https://x.com/astronomerio/status/1948890827566317712

[Limiescouse]

The McKinsey Cycle

https://x.com/THR/status/1949868446269030609

1. Get paid an astronomical amount of money to recommend a merger that will be terrible for the acquired company
2. Get brought back in 3 years later to be paid another huge wedge to recommend splitting them back up
3. Charge them for a third time for branding recommendation that of going back to their original fucking names