Syz the moment

1B+ hours are watched daily on YouTube, surpassing Disney across broadcast, cable, and streaming. No studios. No soundstages. No scripts. Just total living room dominance. $GOOGL Source: Charlie Bilello

Shares of the San Francisco-based tech group that focuses on the stagnant real estate sector have nearly tripled in value over the past week. The rally appears to have been sparked by a prominent investor discussing the stock on social media, which drew the attention of retail traders. The company has struggled since peaking at a $20.6bn valuation in February 2021, shortly after merging with the SPAC (special purpose acquisition company) Social Capital Hedosophia Holdings Corp II, led by Chamath Palihapitiya. That decline isn’t surprising: Opendoor’s core business is in the "instant buyer" market, where it aims to make home sales faster and bypass traditional realtor fees—an idea that has faced serious challenges in a cooling housing market. Yesterday was a roller-coaster, with the stock declining -40% in the last hour of trading after being up more than 67% intraday... Source: HolgerZ

Source: Tavi Costa

Source: zerohedge

Source: Bitcoin Archive @BTC_Archive

11.1% of S&P 500 firms with the recent insider activity saw more buying than selling by corporate officers and directors, the LOWEST share EVER. 10 of the 11 sectors saw negative activity in all company sizes including large-cap. Source: Global Markets Investor

In the latest sign of how top Trump administration officials are cranking up pressure on the central bank. “What we need to do is examine the entire Federal Reserve institution and whether they have been successful,” Bessent told CNBC on Monday. Bessent’s comments come as Donald Trump and his lieutenants have sharply criticised the Fed and its chair Jay Powell for refraining to cut borrowing costs this year. Trump last week asked a group of Republican lawmakers whether he should sack Powell, but later clarified that he had no plans to do so unless he needed to “leave for fraud”. Trump’s government has also recently opened a new front in their campaign against the Fed, with the president’s budget director Russell Vought repeatedly alleging that a $2.5bn renovation of the central bank’s headquarters has been grossly mismanaged. Bessent amped up his criticism of the Fed on Monday, saying that if the Federal Aviation Administration had made as many mistakes, “then we would go back and look at why this has happened”. The Fed inspector general is reviewing the renovation of its headquarters, which involves an overhaul of two buildings that overlook the National Mall and is $700mn over budget. Powell has also written to senior senators to explain how the US central bank is reining in costs. Source: FT

Source: Global Statistics