Which means, crypto is about to hit the new heights before October.
Buckle up for Wall Street's Worst Month
September tends to be Wall Street's worst month, and this year may be no different.Based on historical returns data, all three major indexes see their worst average returns of any month in September.T
The market has become all "feely-touchy" instead of the fact and data based. The sign of times, I guess🤷🏼♂️
Costco Wholesale Corp Stock (COST) Moved Down by 4.47% on Jul 9: What Signal Does It Send?
• Costco reported 10.6% year-over-year net sales growth for June.
• Shares declined due to profit-taking and an elevated forward price-to-earnings ratio.
• Technical indicators for the stock currently remain in neutral territory.
Trump Safe After Being Rushed from White House Correspondents Dinner, Shooter in Custody
US President Donald Trump was evacuated from the White House Correspondents' Dinner on Saturday night after multiple gunshots were heard in the ballroom.
Gemini Space Station faces securities class action over allegedly misleading IPO disclosures
Gemini Space Station faces securities class action tied to September 12, 2025 to February 17, 2026 class period, naming four senior executives as individual defendants.Complaint alleges executives signed or controlled misleading public disclosures tied to IPO-related filings, including Sarbanes-Oxley certifications by CEO Tyler Winklevoss and former CFO Dan Chen.GEMI shares were sold in September 2025 IPO at USD 28, closing at USD 6.59 on February 17, 2026, down more than 76%.Court set May 18, 2026 deadline for investors to seek appointment as lead plaintiff.Former COO Marshall Beard sold 479,901 shares for about USD 11.8 million during class period, according to lawsuit notice.
It was bound to happen. Either via automation and services, or like it is now-via AI deployment. This is just mind blowing how multi-billion corporations allowed themselves to think that they can rely on SaaS forever. But not to worry, surely there're additional very specific niches where the AI either too limited, not suitable, or just too expensive/resource-heavy to run. Just another step in the technology evolution. Once someone figures out cost effective data storage, battery technology, or fusion based energy generation, on each one of those steps we'll have similar shake outs and technology induced panic. We'd better get used to it on the cycle basis. We'll just need to figure out the each cycle duration. My guess is they'll have geometric progression.
*The Brutal Reality of the European vulnerability.* The EU gathered in an extraordinary round of meetings this week to address what is essentially every policymaker's nightmare: Iran tightening control over the Strait of Hormuz. This is the narrow choke point through which a massive chunk of the international oil supply flows. The Strait of Hormuz isn't just a regional issue. It carries roughly a fifth of global oil supply, which makes it less of a "just another Middle Eastern conflict" and more of a global pressure valve. When that artery gets squeezed, Europe doesn't just get nervous, it starts checking the thermostat and the inflation charts at the same time. After that meeting (and as it was expected) the EU (once again) finds itself in its classic position: economically vulnerab