$DECK bought HOKA in 2012 for ~$1.1 million.
A decade later, the company has grown HOKA's revenue from less than $3M to over $1.4B (FY23). That's close to a 500x increase. Is HOKA one of the most impressive consumer product acquisitions of all time? Source: Quartr
If you ever feel bad, remember that in 2019 SoftBank owned 4.9% of $NVDA and sold it all for a $3.3B profit
Today, that stake would have been worth over $160 BILLION. Source: Stocktwits
CAUTION: In the US, Credit card interest rates have skyrocketed to a shocking 21.47%
Moreover, credit card debt has crossed the $1 trillion mark. And personal interest payments have risen to over $500 billion. To make things worse, excess savings have now run out Source: Game of Trades
Nvidia, $NVDA, is making some INSANE moves:
From June 20th through June 24th, Nvidia lost $600 BILLION of market cap in 3 trading days. Today, the stock has added $250 BILLION in market cap from its pre-market low. That's an $850 billion swing in market cap over just 4 trading days. To put this in perspective, that's a swing of 1.5 TIMES the value of Tesla, $TSLA, in just 4 days. Nvidia is casually swinging almost $1 trillion of market cap in just 4 days with no news. Truly historic. Source: The Kobeissi Letter
Asset Managers have built the largest Japanese Yen short position in history
Source: Bloomberg, Barchart
Net inflow to TLT! Is the rate cut hope-timism back?
Source: Andreas Steno Larsen, Steno Research, Macrobond
Latest IFOP poll for lower-house snap election in France
This shows far-right way ahead (36% in blue) ahead of far left coalition (28.5% in red) while incumbent Macron's center-right party comes 3rd (21% in orange). It seems that far-right will at least win relative majority
103K Bitcoin has been added to OTC desk wallets in the past six weeks.
The rising balance and falling market price suggest they haven't found a buyer yet. Source: Cryptoquant
